Coop Pank As · OMXTSE:CPA1T
Coop Pank As — Q2 2026 Earnings Presentation
17 slides from Coop Pank As's earnings presentation, Jul 21, 2026
Slide 1: Coop Pank Group Q2 2026 unaudited results
Coop Pank Group 202 6 Q 2 unaudited results 21 July 2026
Slide 2: Key notes from Q2 2026
Key notes from Q2 2026 • New Unlimited banking plan launched: Travel insurance and cashback added to our plan • Stabilisation of the interest rate environment: The ECB increased base interest rates by 0.25 percentage points. Euribor growth has slowed in the second quarter • Strong growth in loan vol
Slide 3: Business volumes in quarterly comparison
Business volumes in quarterly comparison Loans Deposits m€ +290m +15% m€ +380m +21% +82m +3,8% +69m +3,3% 2 114 2 152 2 234 2 189 1 943 2 023 2 047 2 120 1 809 1 913 Q2 2025 Q3 Q4 Q1 Q2 2026 Q2 2025 Q3 Q4 Q1 Q2 2026 Active customers Net profit th +9th +8% th€ +1 573th +24% +2,0th +1,8% -83th -1,0% 2
Slide 4: Results of Q2 2026 – compared to Q1 2026
Results of Q 2 202 6 – compared to Q 1 202 6 • Loan portfolio increased + 82 m € (+ 4%) Q2 2026 Q1 2026 Quarterly change Net operating income (th€) 22 288 20 816 +1 472 +7% • Net interest income increased by 1.3 m € Interest 20 781 19 544 +1 237 +6% incl interest income 34 128 32 577 +1 551 +5% • Im
Slide 5: Results of Q2 2026 – compared to Q2 2025
Results of Q 2 202 6 – compared to Q 2 202 5 Q2 2026 Q2 2025 Yearly change • Loan portfolio increased + 290 m € (+ 15%) Net operating income (th€) 22 288 19 544 +2 744 +14% • Net interest income increased +2.8 m € Interest 20 781 18 003 +2 778 +15% incl interest income 34 128 31 260 +2 868 +9% • Int
Slide 6: Loan portfolio continues to grow
Loan portfolio continues to grow Net loan portfolio • Quarterly growth of loan portfolio + 82 m € (+ 4%) • Business loans + 49 m € (+ 5%) m€, % +290m +15% • Private mortgage loans + 22 m € (+ 3%) +82m +3,8% • Consumer loans +4 m € (+4%) 2 234 • Leasing + 7 m € ( +4 %) 2 114 2 152 2 023 185 • Euribor
Slide 7: Quality of loan portfolio
Quality of loan portfolio Loans past due and loss allowances in balance sheet • Past due portfolio at a low 2.1% level m€, % 2,8% 2,3% 1,9% 2,1% • Credit risk cost ratio 0. 3% in Q 2 202 6 1,8% 55,1 4,9 47,6 47,8 41,7 38,5 6,2 12,9 6,6 5,2 50,2 41,6 34,7 33,3 35,1 Credit risk cost ratio % - 19,1 - 1
Slide 8: Loan portfolio quality by business lines
Loan portfolio quality by business lines Business loans Private mortgage loans m€, % m€, % 2,6% 2,5% 2,2% 2,3% 2,7% 0,8% 0,8% 0,6% 0,9% 0,9% 23,9 20,5 19,9 18,3 19,4 7,1 7,3 8,6 9,4 6,3 19,6 19,0 17,2 18,4 22,8 5,6 5,0 4,3 5,0 6,4 - 10,7 - 10,9 - 11,8 - 11,9 - 12,1 - 1,7 - 1,7 - 1,7 - 1,7 - 1,8 Q2 2
Slide 9: Financing costs
Financing costs Financing costs and financing sources m€, % • Total volume of deposits and other financial instruments increased by 96 m € (+ 4%) in Q2 2,5% 2,3% 2,1% 2,1% 2,1% • Deposits from private clients + 14 m € Total cost of financing (+ 7 m € demand deposits, +7 m€ term deposits) +427m +21%
Slide 10: Client base and market share
Client base and market share Total no of clients with bank account • No of clients increased by 5 000 (+ 2.1%) (+ 4 000 in Q 1 202 6) th +19th +9% • 2 0 00 (+1. 8%) new active clients in Q 2 202 6 (+ 1 800 in Q 1 202 6) +5th +2,1% 236 231 222 227 • Bank’s market share changed in Q 2 202 6* 218 • Mar
Slide 11: Capital base supports growth plans
Capital base supports growth plans Quarterly capitalization Capital adequacy m€ +42m +17% % +9m +3,3% 20,6% 18,8% 19,3% 18,5% 18,8% 287 278 267 16,8% 16,8% 16,8% 16,8% 16,8% 257 45 245 40 35 35 35 28 Total (%) Regulatory minimum + P2G (%) 28 28 28 % 28 16,7% 17,4% 16,1% 16,1% 16,1% 14,1% 14,1% 14,1%
Slide 12: Liquidity
Liquidity Liquid assets Liquidity coverage ratio (LCR) % m€; % 20,1% 19,6% 19,7% 18,2% 202% 206% 16,7% 201% 189% 185% 544 558 534 462 55 83 83 397 45 120% 120% 125% 123% 40 119% 487 446 469 414 100% 100% 100% 100% 100% 354 Q2 2025 Q3 Q4 Q1 Q2 2026 Bonds Q2 2025 Q3 Q4 Q1 Q2 2026 Cash, balances with o
Slide 13: Performance indicators
Performance indicators • CIR 5 0 % (long term goal < 45 %) Cost / Income ratio (CIR) and ROE • Net income 22 .3 m €, +1.5 m € (+7%) Cost / Income ratio % • Operating expenses 1 1.1 m €, +0.1 m € ( +1 %) 54% compared to the previous quarter 54% 53% 52% 50% • ROE 1 3.5% (long term goal >15%) • Growth
Slide 14: Shareholders
Shareholders No of Coop Pank shareholders TOP shareholders th Shareholder distribution of Coop Pank as at 30.06.2026 -2,8th -8,1% Coop -0,3th -1,1% Investeeringud 22% 34,7 34,0 32,8 Others 32,2 31,9 43% Cooperatives 19% Tallinna Q2 2025 Q3 Q4 Q1 Q2 2026 linnakantselei CM Capital Andres Sonn 3% 5% 8%
Slide 15: Share price
Share price Coop Pank share price and trading volume by dates P/B ratio 0,97 0,93 0,96 0,97 0,88 4,20 2,99 2,46 2,36 1,96 2,12 1,07 1,17 Q2 2025 Q3 Q4 Q1 Q2 2026 Net income per share (EPS) P/E ratio 7,6 8,0 7,7 7,1 7,2 0,080 0,079 0,064 0,067 0,069 Q2 2025 Q3 Q4 Q1 Q2 2026 Q2 2025 Q3 Q4 Q1 Q2 2026
Slide 16: Summary: Q2 2026 results
Summary: Q2 2026 results • Loan portfolio growth + 82 m € (+ 4%) • Growth of active customers + 2 0 00 (+1. 8%) • Net profit 8.2 m € ( - 0.1 m €, - 1%) • CIR 5 0 % (Q 1 202 6: 5 3%) • ROE 13.5% (Q 1 202 6: 13.9 %) Loan portfolio +82 m €
Slide 17: Arko Kurtmann, Chairman of the Management Board, Chief Executive Officer
Arko Kurtmann Chairman of the Management Board, Chief Executive Officer arko.kurtmann@cooppank.ee Paavo Truu Member of the Management Board, Chief Financial Officer paavo.truu@cooppank.ee www.cooppank.ee/investorile