/unaudited/
06/30/2026 EUR'000 | 12/31/2025 EUR'000 | ||
ASSETS | |||
Cash and balances with the Central Bank | 246,165 | 231,496 | |
Loans and advances to banks | 52,493 | 36,050 | |
Loans and advances to customers | 1,187,552 | 960,896 | |
Financial assets at FV through profit or loss | 1,381 | 1,042 | |
Debt instruments at FVOCI | 134,375 | 85,581 | |
Equity instruments at FVOCI | 2,697 | 2,434 | |
Debt instruments at amortised cost | 89,927 | 84,738 | |
Inventories | 106 | 6,238 | |
Assets held for sale | 4,126 | - | |
Investment properties | 33,985 | 32,368 | |
Other assets | 14,054 | 4,197 | |
Tangible and intangible assets | 7,616 | 5,716 | |
Advanced tax payments | 8,007 | 5,538 | |
Deferred tax asset | 156 | 165 | |
TOTAL ASSETS | 1,782,640 | 1,456,459 | |
LIABILITIES AND SHAREHOLDERS' EQUITY LIABILITIES Deposits from banks | 53 | 79 | |
Deposits from customers | 1,514,962 | 1,205,137 | |
Current tax liabilities | 29 | 2 | |
Other liabilities | 19,652 | 17,180 | |
Debt securities in issue | 30,110 | 30,706 | |
Other borrowed funds | 1,752 | 2,102 | |
Deferred tax liabilities | 29 | - | |
TOTAL LIABILITIES | 1,566,587 | 1,255,206 | |
SHAREHOLDERS' EQUITY Share capital | 12,592 | 12,624 | |
Share premium | 18,944 | 18,944 | |
Reserves and retained earnings | 183,520 | 168,142 | |
Revaluation reserves | 997 | 1,543 | |
TOTAL SHAREHOLDERS' EQUITY | 216,053 | 201,253 | |
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY | 1,782,640 | 1,456,459 | |
OFF-BALANCE SHEET LIABILITIES Unutilized commitments on loans | 119,078 | 91,237 | |
Other off-balance sheet liabilities | 83,013 | 73,756 | |
202,091 | 164,993 |
/unaudited/
INCOME | 06/30/2026 EUR'000 | 06/30/2025 EUR'000 | |
Interest income at EIR | 34,379 | 27,650 | |
Interest expense at EIR | (4,760) | (4,984) | |
Net interest income | 29,619 | 22,666 | |
Fee and commission income | 6,299 | 4,470 | |
Fee and commission expense | (625) | (448) | |
Fee and commission income, net | 5,674 | 4,022 | |
FX trade net income | 691 | 1,113 | |
Dividend income | 4 | 3 | |
Net gains(loss) on financial assets at at FVP&L | 38 | 124 | |
Net gains(loss) on debt instruments at FVOCI | 57 | 44 | |
Net gains(loss) on debt instruments at amortised cost | 38 | - | |
Exchange differences, net | 29 | 66 | |
Other operating income | 807 | 636 | |
Other operating expenses | (251) | (917) | |
Gain recognised in a business combination | 3,733 | - | |
Net operating income before impairment | 40,439 | 27,757 | |
Impairment on financial assets | (5,072) | (1,642) | |
Personnel expenses | (8,355) | (5,359) | |
Depreciation and amortization | (1,732) | (1,282) | |
Administrative Expenses | (8,663) | (5,223) | |
PROFIT BEFORE TAX | 16,617 | 14,251 | |
Tax (expense) | (1,271) | (1,449) | |
PROFIT FOR THE YEAR | 15,346 | 12,802 | |
OTHER COMPREHENSIVE INCOME | |||
Items that will not be reclassified subsequently to profit or loss | |||
Fair value changes on equity instruments at fair value through OCI | 61 | 32 | |
Items that may be reclassified subsequently to profit or loss | |||
Fair value changes on debt instruments at FVOCI | (603) | 474 | |
Reclassification to profit or loss | (4) | (44) | |
OTHER COMPREHENSIVE INCOME FOR THE PERIOD | (546) | 462 | |
TOTAL COMPREHENSIVE INCOME | 14,800 | 13,264 |
/unaudited/
Cash flows from operating activities Profit for the period | 06/30/2026 EUR'000 15,346 | 06/30/2025 EUR'000 12,802 | |
Adjustments to reconcile net income to net cash provided by operating activities: | |||
Tax expense | 1,271 | 1,449 | |
Depreciation and amortization | 1,732 | 1,282 | |
Impairment on financial assets | 4,984 | 1,518 | |
Other non-cash items included in profit or loss | 2,729 | (65) | |
Result on disposal of investment properties | (123) | 517 | |
Changes in operating assets and operating liabilities | |||
Net change in restricted funds | 112 | 482 | |
Net change in loans to customers | (124,404) | (65,776) | |
Net change in financial assets at FVP&L | (100) | (6) | |
(Increase) / decrease in assets held for sale, net | (126) | 785 | |
Decrease / (increase) in other assets | 1,588 | (5,104) | |
Increase in deposits from banks and customers | 84,734 | 44,139 | |
Increase in other liabilities | 1,116 | 1,237 | |
Net cash used in operating activities before taxes | (11,141) | (6,740) | |
Income tax paid | (2,360) | (6,409) | |
Net cash used in operating activities | (13,501) | (13,149) | |
Cash flows from investing activities | |||
Purchases of debt instruments at amortized cost and FA at FVOCI | (114,336) | (56,317) | |
Proceeds from sold/matured debt instruments at amortized cost and FA at FVOCI | 91,517 | 61,294 | |
Proceeds from an acquisition of a subsidiary | 69,433 | - | |
Purchases of tangible and intangible assets | (886) | (325) | |
Proceeds from sale of tangible and intangible assets | 33 | - | |
Proceeds from sale of of investment properties | 1,086 | 1,137 | |
Net cash from investing activities | 46,847 | 5,789 | |
Cash flows from financing activities | |||
Repayments of other borrowed funds | (350) | (725) | |
Payments under lease agreements | (1,297) | (1,016) | |
Net cash used in financing activities | (1,647) | (1,741) | |
Net effect of exchange rate changes on cash and cash equivalents | (475) | (3,705) | |
Net change in cash and cash equivalents | 31,224 | (12,806) | |
Cash and Cash Equivalents at Beginning of Year | 265,538 | 293,577 | |
Cash and Cash Equivalents at the end of period | 296,762 | 280,771 | |
Interest paid | 5,327 | 5,613 | |
Interest received | 32,754 | 28,458 | |
Received dividents | 41 | 3 | |
BACB
CONSOLIDATED STATEMENT OF CHANGES IN EQUITY
for the period 01.01.2026 - 30.06.2026 EUR'000
Retained Revaluation earnings and
Share capital Share premiun
Fair value reserve
reserve on own
properties
other
reserves Total
Shareholders' equity at 31 December 2024 | 12,624 | 18,944 | 1,036 | 139 | 149,871 | 182,614 | ||
Profit for the year | - | - - | - 18,271 | 18,271 | ||||
Net change in fair value of equity instruments at FVOCI | - | - 62 | - | - | 62 | |||
Net change in fair value of debt instruments at FVOCI Reclassification to profit or loss on derecognition of debt | - | - 350 | - | - | 350 | |||
instruments at FVOCI | - | - (44) | - | - | (44) | |||
Other comprehensive income, net of tax | - | - 368 | - | - | 368 | |||
Total comprehensive income | - | - 368 | - 18,271 | 18,639 | ||||
Distribution of dividends | - | - - | - 0 | 0 | ||||
Shareholders' equity at 31 December 2025 | 12,624 | 18,944 | 1,404 | 139 | 168,142 | 201,253 | ||
Profit for the period | - | - - | - 15,346 | 15,346 | ||||
Net change in fair value of equity instruments at FVOCI | - | - 61 | - | - | 61 | |||
Net change in fair value of debt instruments at FVOCI Reclassification to profit or loss on derecognition of debt | - | - (603) | - | - | (603) | |||
instruments at FVOCI | - | - (4) | - | - | (4) | |||
Other comprehensive income, net of tax | - | - (546) | - | - | (546) | |||
Total comprehensive income | - | - (546) | - 15,346 | 14,800 | ||||
Adjustment of registered capital due to a change in reporting currency | ||||||||
from BGN to EUR | (32) | - - | - | 32 | - | |||
Shareholders' equity at 30 June 2026 | 12,592 | 18,944 | 858 | 139 | 183,520 | 216,053 | ||