REG - NIBC Bank N.V. - Annual Financial Report

BlackstoneAnnouncement

06/03/2026 08:15

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RNS Number : 6652V  NIBC Bank N.V.  06 March 2026

 

 

 

The Hague, 6 March 2026

 

NIBC reports underlying result of EUR 78 million over 2025

 

§  Including the strategic divestment of non-core exposures the reported
result was a net loss of EUR 38 million.

§  As a result of the planned strategic divestment the non-core portfolio
reduced from EUR 1.0 billion at the start of 2025 to EUR 0.1 billion at the
end of 2025.

§  Net profit excluding non-recurring result was EUR 78 million for 2025
with a return on target CET1 of 8.1%.

§  Continued core business growth: +1% in Mortgages, +3% in Retail Savings,
+2% in Commercial Real Estate and +8% in Digital Infrastructure.

§  Strong capital position after Basel IV implementation and sale of
non-core portfolio; CET1 ratio at 19.2%.

§  ABN AMRO announced its intention to acquire 100% of NIBC shares from a
Blackstone entity, still subject to ECB approvals.

 

Statement of the CEO, Nick Jue:

"2025 has been an extraordinary year for NIBC, the announced intended takeover
by ABN AMRO and the sale of the non-core exposures have set the stage for the
future of the company. During the year we continued to support our clients and
succeeded in delivering resilient results, with a recurring result of EUR 78
million and a return on target CET1 capital of 8.1%. Our strong capital base
is evidenced in our CET1 ratio of 19.2%, which includes the effects of Basel
IV and the sale of our non-core portfolio. This year's reported net loss of
EUR 38 million is primarily due to the strategic divestment of non-core
exposures, which resulted in a loss of EUR 116 million after tax recognised in
operating income. Additionally, we see a deterioration of the credit quality
of clients in our UK and German Fiber portfolio, leading to EUR 38 million in
credit losses for the period (2024: EUR 6 million) in that specific part of
the portfolio.

We achieved continued growth across our core businesses; our customer base
expanded in both savings and mortgages, with mortgage exposure increasing by
1%, despite a highly competitive landscape. Retail savings grew by 3%, thanks
to successful campaigns in Germany, Belgium and the Netherlands around the
NIBC Tour of Holland. We also expanded our Corporate Banking portfolios, with
Commercial Real Estate and Digital Infrastructure both growing by 2% and 8%,
respectively, despite slower market activities.

Net interest income declined with 19% compared to 2024, primarily driven by
the sale of Shipping, Beequip, yesqar and further reduction of non-core in
2024 no longer contributing and lower margins from savings activities. This is
partly compensated by a 7% reduction in operating expenses due to the sold
activities, lower regulatory expenses and tight cost control to compensate for
inflation.

Since 2021, we have successfully transformed our business model, reducing our
non-core portfolio from EUR 4.7 billion at the end of 2020 to EUR 0.1 billion
at year end 2025. In 2025 we record a negative one-off after tax transaction
result of EUR 116 million related to the sale of non-core exposures. This
resulted in a EUR 625 million reduction of risk-weighted assets in the last
quarter of 2025, contributing to our strong 19.2% CET1 capital ratio. The
non-core portfolio sales in 2025 mark the final steps towards completion of
the strategy to fully focus on our core activities.

A key milestone in 2025 was ABN AMRO's announced intention to acquire 100% of
NIBC shares from a Blackstone entity, still subject to ECB approval. The
transaction is expected to be completed in the second half of 2026 and will
mark a new chapter in our 80-year history.

On behalf of the Managing Board, I would like to thank all our colleagues for
their commitment and dedication to their work and our clients. I look forward
to continuing to serve our customers and helping them in achieving their
ambitions."

 

We refer to our Annual Report 2025 NIBC Bank N.V. published on our website
(https://nibc.com/investor-relations/financial-releases) for full details.

 

 

Press and debt investor contacts NIBC

     Eveline van Wesemael

     Press Relations

     T: +31 70 342 5412

     E: eveline.van.wesemael@nibc.com (mailto:eveline.van.wesemael@nibc.com)

     Toine Teulings

     Debt Investor Relations

     T: +31 70 342 9836

     E: toine.teulings@nibc.com (mailto:toine.teulings@nibc.com)

 

About NIBC
NIBC is an entrepreneurial bank for individuals and companies. We offer
savings products, mortgages for private housing to rental property, and
finance commercial real estate and digital infrastructure. As a professional
and reliable partner, we build long-term relationships based on knowledge and
expertise.

Renowned for our entrepreneurial spirit, we are committed to always making a
difference, for our clients and for society around us. Shaped by almost 80
years of experience, we support our clients in realising their ambitions and
actively helping to build a sustainable, resilient and inclusive society for
future generations.

NIBC employs around 600 people and is headquartered in The Hague, the
Netherlands. We serve clients internationally with a focus on Europe.

You can read more about NIBC on www.nibc.com.

 

 

Forward-looking Statements

This press release may include forward-looking statements. All statements
other than statements of historical facts may be forward-looking statements.
These forward-looking statements may be identified by the use of
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their negative or other variations or comparable terminology, or by
discussions of strategy, plans, objectives, goals, future events or
intentions. The forward-looking statements included in this press release with
respect to the business, results of operation and financial condition of NIBC
Bank N.V. are subject to a number of risks and uncertainties that could cause
actual results to differ materially from such forward-looking statements,
including but not limited to the following: changes in economic conditions in
Western Europe, changes in credit spreads or interest rates, the results of
our strategy and investment policies and objectives. NIBC Bank N.V. undertakes
no obligation to update or revise any forward-looking statement to reflect
events or circumstances that may arise after the date of this release.

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