Russia's Sberbank says 2025 profit to surpass last year's
Published by Global Banking & Finance Review®
Posted on October 28, 2025
1 min readLast updated: January 21, 2026
Published by Global Banking & Finance Review®
Posted on October 28, 2025
1 min readLast updated: January 21, 2026
Sberbank forecasts higher profits for 2025, aiming to continue quarterly growth trends, as stated by VP Taras Skvortsov.
MOSCOW (Reuters) -Russia's dominant lender Sberbank said on Tuesday that it expected the 2025 profit to be higher than last year's earnings.
Sberbank intends to maintain its quarter-on-quarter profit growth trend in the fourth quarter of 2025, said the bank's vice president, Taras Skvortsov.
(Reporting by Elena Fabrichnaya)
Profit is the financial gain obtained when the revenue generated from business activities exceeds the costs and expenses associated with those activities.
A financial projection is an estimate of future financial outcomes for a company, often based on historical data, market trends, and economic conditions.
Corporate profit refers to the net income that a corporation earns after all expenses, taxes, and costs have been deducted from total revenue.
Quarter-on-quarter growth measures the change in a company's financial performance from one quarter to the next, indicating how well the business is performing over time.
Sberbank is the largest bank in Russia, providing a wide range of financial services including retail and corporate banking, investment banking, and asset management.
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