Russia's VTB reports 0.6% growth in Jan-Oct net profit
Published by Global Banking & Finance Review®
Posted on December 8, 2025
1 min readLast updated: January 20, 2026
Published by Global Banking & Finance Review®
Posted on December 8, 2025
1 min readLast updated: January 20, 2026
VTB, Russia's second-largest bank, reported a 0.6% increase in net profit for Jan-Oct 2025, totaling 407.2 billion roubles, despite a decline in October.
MOSCOW (Reuters) -Russia's second-largest lender VTB on Friday reported a 0.6% year-on-year increase in net profit for January-October 2025, to 407.2 billion roubles ($5.20 billion).
In October, VTB's net profit fell by 11.1% from a year earlier to 26.4 billion roubles.
($1 = 78.2455 roubles)
(Reporting by Oksana Kobzeva)
Net profit is the amount of money a company earns after all expenses, taxes, and costs have been deducted from total revenue. It is an important indicator of a company's profitability.
Corporate profits refer to the earnings of a corporation after all expenses have been deducted from total revenue. It is a key measure of a company's financial performance.
A financial report is a formal record of the financial activities and position of a business, organization, or individual, typically including balance sheets, income statements, and cash flow statements.
A currency exchange rate is the value of one currency for the purpose of conversion to another. It fluctuates based on market conditions and economic factors.
Explore more articles in the Finance category


