Pulse Monitor

Russian Banking Sector Posts Record Quarterly Profit of 1.2 Trillion Rubles

February 16, 2026 at 10:35 AM1,089 views

Banking Sector Results

Russian commercial banks reported aggregate net profit of 1.2 trillion rubles in Q4 2025, driven by elevated net interest margins and strong retail lending growth.

Key Metrics

  • Net interest margin: 4.8% (up from 3.9% in Q4 2024)
  • Return on equity: 24.3%
  • Loan portfolio growth: 18% year-over-year
  • NPL ratio: 3.2% (stable)

Top Performers

Sberbank alone contributed 420 billion rubles, followed by VTB at 185 billion and Alfa-Bank at 98 billion.

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