At a Glance
Klagenfurt, 13 May 2026
Income Statement, EUR mn | 3M25 | 3M26 | Change in % |
Net interest income | 61,6 | 54,7 | -11,2 |
Loan loss provisions | -7,4 | -9,8 | 32,2 |
Fees and commission | 18,3 | 20,1 | 10,0 |
Operating expenses | -40,5 | -42,4 | 4,7 |
Profit before tax | 44,3 | 37,1 | -16,3 |
thereof Corporate | 21,5 | 20,5 | -4,7 |
thereof Retail | 8,9 | 8,3 | -7,4 |
thereof Financial Markets | 19,3 | 12,8 | -33,8 |
thereof Other | -5,4 | -4,4 | 17,7 |
Profit after tax | 38,7 | 31,9 | -17,4 |
Balance Sheet, EUR mn | FY25 | 1Q26 | |
Total assets | 11.150,8 | 11.238,3 | 0,8 |
Loans and advances to customers | 7.543,1 | 7.691,4 | 2,0 |
Primary funds | 8.507,7 | 8.477,4 | -0,4 |
thereof savings deposits | 700,9 | 650,5 | -7,2 |
thereof debt securities issued, incl. subordinated debt | 1.459,3 | 1.481,6 | 1,5 |
Shareholders' equity | 2.062,7 | 2.097,7 | 1,7 |
Customer funds under management | 23.320,2 | 23.678,2 | 1,5 |
thereof on custody accounts | 14.812,5 | 15.200,8 | 2,6 |
Own Funds Pursuant to CRR, EUR mn | FY25 | 1Q26 | |
Total risk exposure amount (TREA) | 7.196,4 | 7.295,3 | 1,4 |
Own funds | 1.390,5 | 1.378,2 | -0,9 |
thereof common equity Tier 1 (CET1) capital | 1.079,2 | 1.062,0 | -1,6 |
thereof Tier 1 capital (CET1 and AT1) | 1.144,4 | 1.127,2 | -1,5 |
CET1 ratio, % | 15,0 | 14,6 | -0,4 |
Tier 1 capital ratio, % | 15,9 | 15,5 | -0,4 |
Total capital ratio, % | 19,3 | 18,9 | -0,4 |
Key Performance Ratios | 3M25 | 3M26 | Change in p.p. |
ROE before tax | 8,3 | 8,4 | 0,1 |
ROE after tax | 7,4 | 7,5 | 0,1 |
ROA before tax | 1,5 | 1,6 | 0,1 |
ROA after tax | 1,3 | 1,4 | 0,1 |
Cost/income ratio | 44,6 | 47,7 | 3,1 |
Risk/earnings ratio | 12,0 | 17,9 | 5,9 |
Risk costs, bps | 36,9 | 48,8 | 11,9 |
NPL ratio | 3,2 | 3,5 | 0,3 |
Leverage ratio | 9,6 | 10,1 | 0,5 |
Liquidity coverage ratio (LCR) | 194,8 | 188,8 | -6,0 |
Net stable funding ratio (NSFR) | 121,0 | 127,7 | 6,7 |
Resources | FY25 | 1Q26 | Change in % |
Average headcount | 1.032 | 1.016 | -1,6 |
Number of branches | 63 | 63 | - |
BKS Bank Share | FY25 | 1Q26 | - |
Shares in issue, million1 | 45,7 | 45,7 | |
High, EUR | 18,40 | 20,80 | 13,0 |
Low, EUR | 14,90 | 18,40 | 23,5 |
Close, EUR | 18,40 | 20,60 | 12,0 |
Market capitalization, EUR mn1 | 842,8 | 943,6 | 12,0 |
Price-book ratio1 | 0,42 | 0,46 | 10,0 |
1As of end of period. | |||
- Interest income recedes as positive one-off effect in 1Q25 no longer applies
- Strong and persistent growth in fee & commission income as key result driver
-
Slightly elevated loan loss provisions in foresight to macroeconomic outlook
Profit after tax decreased by 17.4% to EUR 31.9mn in 1Q26. One of the main reasons was a reported one-off payout of a non-consolidated entity in 1Q25.
Adjusted for this extraordinary effect, interest income in 1Q26 was only slightly lower at EUR 54.7mn; the remainder was due to comparatively lower interest rates.
Loan loss provisions amounted to EUR 9.8mn, as we factored in the macro-economic risks spurred by the prevailing geopolitical tensions.
Net fee and commission income showed a significant growth of 10,0% to 20.1mn, being the result of a very strong loan production and a resilient security business despite volatile capital markets.
Operating expenses stepped up by 4.7% to EUR 42.4mn, mainly due to an increase in personnel expenses driven by provision valuation effects.
Balance Sheet Highlights 1Q26 vs. FY25 - Total assets grew to EUR 11.2bn
- Loans to customers expanded to EUR 7.7bn
- Primary funds stable at EUR 8.5bn
Notwithstanding the prevailing geopolitical uncertainties, our balance sheet showed moderate growth. Total assets amounted to EUR 11.2bn as of end-March 2026, which roughly corresponds to the year-end 2025 level. Next to the increase in loans to customers, securities also stepped up.
Due to strong loan production in 1Q26, loans to customers rose by EUR 148.3mn to EUR 7.7bn at the end of March, and thus were 2% higher than at year-end 2025, driven mainly by our corporate segment.
Our bank continues to put a special emphasis on sustainability. Consequently, the volume of sustainable financing solutions per 31 March rose to EUR 1.4bn, equaling an increase of 3.5% compared to the end of last year.
As of March 31, 2026, liquidity reserves stood at EUR 1.9bn, representing a 1.5% increase compared to the beginning of the year. This growth was primarily driven by investments in high-quality debt securities. The rising interest rate environment provided the opportunity to make EUR 142.2mn in new investments at higher yields, which were offset by redemptions totaling EUR -20.0mn.
On the liabilities side, we were able to raise primary funds to EUR 8.5bn. While debt securities issued increased further to a total of EUR 1.5bn, savings deposits decreased further due to a continuing trend of transferring the funds into online deposits.
Investor Relations contact:
Philipp Chladek philipp.chladek@bks.at
+43 664 805 567 025
https://www.bks.at/ueber-uns/investor-relations
This document is based on carefully compiled information. All of the information comes from
sources considered reliable by the publisher and author. No responsibility is assumed for the completeness, accuracy or up-to-date status of the sources used. This document and its contents do not
constitute investment advice or a recommendation. The information contained in this report is non-binding and does not replace in any way advisory services for the purchase or sale of securities. The information is neither an offer nor a solicitation to buy or sell any of the investments or (bank)
products mentioned in this publication; neither does it constitute a buy or sell recommendation. Forecasts and estimates are subject to change at any time. Errors and omissions are possible. The information presented is not updated.
Produced by:
BKS Bank AG
9020 Klagenfurt, St. Veiter Ring 43, https://www.bks.at
Companies Register Court: LG Klagenfurt (Regional Court Klagenfurt) Companies Registration Number: FN 91810s
Supervisory authority: Financial Market Authority Austria, Division Banking and Securities Supervision
Chamber/Professional Association: Wirtschaftskammer Österreich (Chamber of Commerce and Industry Austria), Division Banking and Insurance
Copy deadline: May 2026