Business
Coop Pank AS results for February 2026
Coop Pank’s financial results in February 2026: In February, number of the bank's clients increased by 1,400 and number of active clients increased by 1000. By the end of the month number of clients reached 229,800 and number of active clients reached 108,800. Over the year, customer base has grown by 9%. Volume of the bank's customer deposits increased by 55 million euros, reaching 2.13 billion euros by the end of month. Deposits of corporate customers increased by 11 million and deposits of pr
About this update from Coop Pank As
[{"type":"image","alt":"Coop Pank AS","displaySize":"","headline":null,"caption":"Coop Pank AS","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":88,"url":"https://media.zenfs.com/en/globenewswire.com/85c0199ce9dfd89a91376f406dd4dd32"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/onFbAj8oln0ptiyhCfkv5Q--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTEyMztjZj13ZWJw/https://media.zenfs.com/en/globenewswire.com/85c0199ce9dfd89a91376f406dd4dd32","width":300,"height":88}},"lazy":false},{"type":"text","content":"Coop Pank’s financial results in February 2026:","length":47,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"In February, number of the bank's clients increased by 1,400 and number of active clients increased by 1000. By the end of the month number of clients reached 229,800 and number of active clients reached 108,800. Over the year, customer base has grown by 9%.","length":262,"tagName":"p"}]},{"val":[{"type":"text","content":"Volume of the bank's customer deposits increased by 55 million euros, reaching 2.13 billion euros by the end of month. Deposits of corporate customers increased by 11 million and deposits of private customers increased by 5 million euros. The volume of deposits attracted from international platforms increased by 39 million euros. Over the year, volume of bank deposits increased by 11%.","length":392,"tagName":"p"}]},{"val":[{"type":"text","content":"The bank's loan portfolio increased by 6 million euros over the month and reached 2.13 billion euros by the end of February. Home loans portfolio increased by 5 million euros, corporate loans portfolio increased by 4 million euros, consumer financing portfolio remained stable and leasing portfolio decreased by 3 million euros. Over the year, loan portfolio increased by 19%.","length":380,"tagName":"p"}]},{"val":[{"type":"text","content":"In February, the loan impairment cost was 0.3 million euros.","length":60,"tagName":"p"}]},{"val":[{"type":"text","content":"Compared to the first two of last year, the bank's net income has increased by 8% and expenses have increased by 13% during the same period this year.","length":154,"tagName":"p"}]},{"val":[{"type":"text","content":"The bank earned net profit of 2.9 million euros in February, which is 16% more than in the same period last year.","length":113,"tagName":"p"}]},...