UmweltBank AG Sees Strong Half-Year Results and Confident Outlook

In the first half of 2025, UmweltBank AG achieved a significant 61.2% increase in net interest income, reaching €28.82 million. This boost is attributed to an expansion in the deposit business, allowing investments at the European Central Bank with a favorable interest margin. Customer deposits rose by €140 million owed to effective marketing and attractive product offerings.

The bank's net financial income remained steady at €13.87 million, bolstered by real estate sales from a subsidiary. However, operating costs rose due to IT investments, while risk provisions for loans increased to €4.01 million, affecting pre-tax earnings, which stood at €6.69 million.

UmweltBank's management forecasts pre-tax profits in the €5 to €10 million range for 2025, with expectations for higher net interest and commission income, countered by increased risk provisions. The new 'UmweltGiro' checking account and potential reductions in capital requirements offer future opportunities.