Finance
Russia's VTB Bank net profit falls year/year in January-August
Published by Global Banking & Finance Review®
Posted on September 26, 2025
1 min readLast updated: January 21, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on September 26, 2025
1 min readLast updated: January 21, 2026
VTB Bank's net profit fell 3.2% in early 2025, with a 41.4% drop in net interest income. Corporate loans grew, but retail lending declined.
MOSCOW (Reuters) -Russia's majority state-controlled bank VTB recorded a 3.2% drop in net profit over the first eight months of 2025 to 327.6 billion roubles ($3.90 billion), it said in its financial results on Friday.
VTB, Russia's second-largest lender, also reported a drop in net interest income of 41.4% on the year over January-August, reaching 221.7 billion roubles.
VTB's corporate loans portfolio grew 1.1% in August, and 4.8% since the start of the year, to 16.7 trillion roubles, while its retail lending was flat on the month, and therefore down 4.2% from January, at 7.5 trillion roubles.
($1 = 83.9455 roubles)
(Reporting by Reuters; Writing by Robert Harvey; Editing by Lisa Shumaker)
Net profit is the amount of money a company earns after all expenses, taxes, and costs have been deducted from total revenue. It is a key indicator of a company's profitability.
Explore more articles in the Finance category