VtbRUS: VTBR

Russia's VTB profit drops, 2026 outlook at low end of range on market conditions

· Issued by Vtb

Russia's second-largest lender VTB RUS:VTBR said on Friday net profit fell almost 60% year-on-year to 27.3 billion roubles ($357.80 million) in May and declined 18.7% to 190.1 billion roubles in January-May.

Its 2026 net profit is likely to come in near the lower end of its 600–650 billion rouble guidance range due to market conditions, first deputy CEO Dmitry Pyanov said.

($1 = 76.3000 roubles)

Earlier from Vtb

All Vtb news releases