Artea Bank 9M 2026 Net Profit Falls 42% Year Over Year to €27.9 Million
Bitget2026/10/28 15:00- Artea Bank’s net profit fell 42% year-over-year to €27.9 million in the first nine months of 2026, hurt by impairments and restructuring costs.
- Net interest income rose 9% year-over-year to €113.7 million, while total revenue slipped to €142.3 million.
- Impairment losses increased year-over-year to €18.6 million, while operating expenses climbed 9% to €87.7 million.
- Loans grew 8% year-to-date to €4.02 billion at September-end, while deposits increased 10% to €4.35 billion.
- The bank secured European Central Bank approval to repurchase its own shares.
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