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Earnings Calls

Last Earnings Call

Fiscal Period
Q1 2026
Call Date
May 21, 2026
AI Summary
Q1 2026

Strong quarter: CrediaBank said Q1 2026 was a record quarter across key metrics, with net credit expansion, deposits, NII, fee income and recurring profitability all hitting new highs.

Capital boost: The bank completed a EUR 300 million capital increase, oversubscribed by about 4x, and said pro forma CET1 rose to 16.6% and total capital to 22.4%.

Growth pace: Net credit expansion reached EUR 459 million, up 97% year-on-year, while gross loans rose 40% year-on-year and deposits increased 14% year-on-year.

Profitability: Recurring pre-provision income rose 26% year-on-year to EUR 24.1 million, helped by NII up 28% and fee income up 55%.

Cost discipline: Recurring operating expenses fell 4% quarter-on-quarter, pushing the recurring cost-to-income ratio to a record low of 60.7%.

Strategic deals: Management announced a binding term sheet to acquire Evropi Holding and said the Pantelakis Securities deal should close in Q3, both aimed at building more fee-generating businesses.

Outlook: The company did not raise its full-year credit expansion target yet, citing geopolitical uncertainty, but said it may revisit guidance after first-half results.

Key Financials
Net credit expansion
EUR 459 million
New disbursements
up 43% year-on-year
Gross loans
up 40% year-on-year
Deposits
up 14% year-on-year
Customer deposits
more than EUR 6.8 billion
Total client assets
EUR 7.6 billion
Net interest income
up 28% year-on-year
Fee income
EUR 11 million
Recurring pre-provision income
EUR 24.1 million
Recurring operating income
up 12% year-on-year
Recurring operating expenses
down 4% quarter-on-quarter
Cost-to-income ratio
60.7%
Recurring earnings after tax
EUR 13 million
Reported earnings after tax
EUR 7.8 million
NPE ratio
2.5%
NPE coverage ratio
54.7%
Loan-to-deposit ratio
72%
Pro forma CET1 ratio
16.6%
Total capital ratio
22.4%
Capital increase
EUR 300 million
Pantelakis Securities stake
70%
Digital transformation program
EUR 60 million
Capital uplift from Evropi deal
roughly 140 basis points
Evropi PBT
about EUR 20 million in 2026
Evropi solvency ratio
around 367%

Other Earnings Calls

2026
2021