Bigbank’s 2025 results: annual profit of 38 million euros and equity growth to a record 300 million euros
As a rapidly growing universal bank in the Baltic states, Bigbank achieved a net profit of 37.9 million euros over the past 12 months, representing a 17% increase compared with the previous year. By the end of the year, the bank’s total assets had grown to 3.3 billion euros, while equity also reached an all‑time high of 299.4 million euros.
According to Bigbank’s CEO, Martin Länts, 2025 was a year of steady growth and strong financial results for the bank — an achievement for which he expressed his appreciation to customers, employees, investors and business partners alike. “Despite an uncertain economic environment, we continued to deliver on our strategy and strengthened our position as an ambitious and profitable bank. The Group’s profit increased by 17% to 37.9 million euros, the loan portfolio grew by 22% to 2.7 billion euros, and deposits rose by 20% to 2.9 billion euros. Growth was driven primarily by home and business loans,” he commented on the full‑year results.
One of the most important achievements of 2025, according to Länts, was the significant expansion of everyday banking capabilities. “We began offering current accounts to retail customers in Latvia and Lithuania, in additional to Estonia, as well as to corporate customers in Estonia. We launched a new mobile app across the Baltics, expanded our range of payment solutions with support for Google, Garmin and Fitbit Pay, and strengthened payment security through the introduction of the Verification of Payee functionality. Retail customers in Estonia also gained access to e‑invoicing,” Länts highlighted, noting the substantial expansion of services during the year.
A key factor in the successful rollout of everyday banking services was Bigbank’s direct membership in the SEPA Step2 system, which came into effect in 2025. This increased the reliability and resilience of our services. By the end of the year, Bigbank served more than 19,000 current account customers across the Baltics. “In the fourth quarter of 2025 alone, the bank opened nearly 6,000 new retail customer accounts in Estonia. The main driver behind the rapid growth in new customers is the fact that, unlike other banks, Bigbank pays 2% interest on funds held in a current account — which is part of our broader ambition to offer our customers clear and value‑creating banking services. Opening, holding and using a current account at Bigbank is free of charge, as are instant payments and everyday transfers,” Länts explained, adding that the bank will begin issuing debit cards in the coming months. For 2026, Bigbank has two clear priorities: to continue growing the loan portfolio and to bring everyday banking fully to market.
Bigbank ended the fourth quarter of 2025 with a net profit of 7.7 million euros and the full year with a net profit of 37.9 million euros. Compared to 2024, net profit for the fourth quarter grew by 3.1 million euros, while net profit for the year grew by 5.6 million euros. Bigbank’s equity reached an all-time high of 299.4 million euros by the end of 2025. Return on equity (ROE) was 13.3%. Compared to 2024, return on equity increased by 0.8 percentage points. Bigbank’s profitability and net profit improved primarily thanks to the bank’s ability to grow net interest income in a declining interest rate environment, while at the same time significantly enhancing the credit quality of the loan portfolio.
Interest income for the fourth quarter amounted to 46.9 million euros, an increase of 3.5 million euros (+8%) year on year. Interest expense for the quarter was 19.3 million euros, a decrease of 0.8 million euros (-4%) compared to the same period last year. As a result, Bigbank’s net interest income increased by 4.3 million euros (+18%) compared to the fourth quarter of 2024, reaching 27.5 million euros. The group also increased its full-year net interest income, which rose by 3.8 million euros (+4%) to 106.2 million euros.
By the end of the year, Bigbank’s loans to customers were at a record high of 2.7 billion euros, having increased by 127 million euros (+5%) over the quarter and 511 million euros (+23%) over the year. As in previous periods, growth was driven by the strategic business and home loan product lines. The business loan portfolio increased by 90 million euros (+10%) to 1.0 billion euros and the home loan portfolio by 47 million euros (+6%) to 820 million euros. However, the consumer loan portfolio decreased by 24 million euros (-3%) to 854 million euros. The decrease in the consumer loan portfolio was largely due to the sale of the 20 million euro portfolio of the Swedish branch in November.
The quality of the loan portfolio remained stable in the fourth quarter – net expected credit loss allowances decreased by 1.0 million euros year on year to 3.6 million euros. However, the net expected credit loss allowances for the full year decreased by 50%, i.e. by 11.9 million euros to 12.0 million euros. The credit quality of consumer loans continues to improve, while that of home loans remains very high and that of business loans remains stable.
The total deposit portfolio increased by 152 million euros (+6%) over the quarter and by 486 million euros (+20%) over the year, reaching 2.9 billion euros. In the fourth quarter, growth was driven by the term deposit portfolio, which increased by 86 million euros (+7%) to 1.4 billion euros. The savings deposit portfolio grew by 54 million euros, reaching 1.4 billion euros. Current accounts also showed solid growth in the fourth quarter, increasing by 11 million euros to 20 million euros. In December, Bigbank began offering current accounts to corporate customers in Estonia. Previously, the group offered current accounts to retail customers only.
At the end of 2025, the group’s investment property portfolio stood at 84.7 million euros, reflecting an increase of 2.4 million euros during the quarter and 18.3 million euros during the year. The portfolio comprises agricultural land and commercial premises. Changes in the value of investment properties resulted in a gain of 0.9 million euros in 2025, an improvement of 2.5 million euros on the loss of 1.6 million euros recorded in 2024.
The number of staff grew by 26 during the quarter and by 79 during the year (+14%), rising to 639. The main factors behind this growth were the launch of everyday banking products and the commitment to providing high-quality customer service in the context of growing loan and deposit portfolios. As an important milestone, Bigbank’s organisational culture was recognised last year with the Family‑Friendly Employer gold level award.