REG - Nova Ljubljanska - Half-year Report

Nova Ljubljanska Banka dd LjubljanaAnnouncement

07/08/2025 11:15

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RNS Number : 4291U  Nova Ljubljanska Banka d.d.  07 August 2025

 

 

Nova Ljubljanska Banka d.d.

August 7, 2025

 

Solid Business Results and Clear Ambition Drive NLB Stock Toward an All-time
High

 

Pursuant to the Rules of the Ljubljana Stock Exchange and Article 158 of the
Market Financial Instruments Act, relating to the Article 17 of the Regulation
(EU) No 596/2014, NLB d.d., Trg republike 2, 1000 Ljubljana, announces:

 

The key takeaways after today's NLB Supervisory Board regular session are
solid business results of the NLB Group with profit after tax of EUR 274.4
million in the first half of 2025, the share price of NLB d.d. reaching an
all-time high and hovering around book value per share, and the mandates of
three NLB Management Board members have been extended.

 

In the first half of 2025, NLB Group achieved a profit after tax of EUR 274.4
million, successfully combating the declining interest rate environment with
stable net interest income, growing net fee and commission income,
cumulatively adding 5% YoY to the topline, and a strict cost containment
agenda, while supporting clients in the region with the double-digit annual
growth rate of loans. Furthermore, robust asset quality, coupled with
comfortable capital ratios and abundant liquidity provide a solid base for
further growth ambitions.

 

"Sound business results that inspire confidence and strengthen the foundation
of our Group, as well as the wider economic environment of our home region,
represent only one side of the story we are focusing on in the NLB Group. The
other is our growth ambition and commitment to delivering on our business
strategy," commented NLB's CEO Blaž Brodnjak upon publication of the results.
"We believe the future of banking belongs to those who see beyond transactions
- to relationships. To those who recognise clients' needs at any given moment
in their life, anticipate their evolving expectations, and design the
ecosystem of banking and embedded finance services that adapt accordingly. To
those who build on lasting relationships. On trust. On consistency. And
reliability. On everything that serves not only shareholders, but also the
communities we empower every day."

 

This alignment between strategy and execution is evidenced both in the first
achievements of the new strategy, such as the growth of our digital
penetration to 58.2%, with digital sales in retail segment in Slovenia
achieving 33.6%, the roll-out of next generation digital banking app "NLB
Klik" in Slovenia, and building of the leasing ecosystem across the region, as
well as by the growth in shareholder returns delivered over the years, namely
through price appreciation (in the first six months of 2025 exceeding 17%) or
through dividends (with the first tranche of EUR 6.43 gross of expected 2025
dividends already paid to shareholders).

 

It is also reflected by the share price of the NLB d.d. reaching all-time high
and hovering around book value per share at the beginning of the August - an
indication that investors are as excited for the future as we are.

 

You may find key highlights of the NLB Groups' business operations in the
second quarter and first half-year of 2025, Interim report, Investor
presentation, and NLB Group's Factsheet on the links below:

 

·    Key Highlights in the Second Quarter and First half-year of 2025
(https://www.nlbgroup.com/content/dam/nlb/nlb-group/documents/investor-relations/financial-reports/2025/h1/Key%20Highlights%20in%20Q2%20and%20H1%202025%20-%20FINAL%20.pdf)

·
(https://www.nlbgroup.com/content/dam/nlb/nlb-group/documents/investor-relations/financial-reports/2025/h1/Key%20Highlights%20in%20Q2%20and%20H1%202025%20-%20FINAL%20.pdf)
Interim Report
(https://www.nlbgroup.com/content/dam/nlb/nlb-group/documents/investor-relations/financial-reports/2025/h1/NLB%20Group%20Interim%20Report%20January%20%E2%80%93%20June%202025.pdf)

·
(https://www.nlbgroup.com/content/dam/nlb/nlb-group/documents/investor-relations/financial-reports/2025/h1/NLB%20Group%20Interim%20Report%20January%20%E2%80%93%20June%202025.pdf)
Investor presentation
(https://www.nlbgroup.com/content/dam/nlb/nlb-group/documents/investor-relations/financial-reports/2025/h1/NLB%20Group%20Presentation%20H1%202025%20publication.pdf)

·
(https://www.nlbgroup.com/content/dam/nlb/nlb-group/documents/investor-relations/financial-reports/2025/h1/NLB%20Group%20Presentation%20H1%202025%20publication.pdf)
NLB Group Factsheet
(https://www.nlbgroup.com/content/dam/nlb/nlb-group/documents/investor-relations/financial-reports/2025/h1/2025%2008%20NLB%20Group%20Factsheet%20H1_V01.pdf)

 
(https://www.nlbgroup.com/content/dam/nlb/nlb-group/documents/investor-relations/financial-reports/2025/h1/2025%2008%20NLB%20Group%20Factsheet%20H1_V01.pdf)

For even more information on the NLB Group's Second Quarter and First
Half-year 2025 results you are kindly invited to join our Management Board and
follow the live webcast presentation on Thursday, 7 August 2025, at 16:00
CEST/15:00 UK. You can join the call and submit any questions you may have at
https://www.nlb.si/ir-events (https://www.nlb.si/ir-events) .

 

 

Mandate of Three NLB Management Board Members Extended

 

As the current term of office of Blaž Brodnjak as CEO, and Archibald Kremser
and Andreas Burkhardt as members of the Management Board of NLB d.d. expires
on July 5(th), 2026; NLB's Supervisory Board discussed their re-appointment
during today's session. All three were re-appointed for another five-year term
of office, starting on July 6, 2026.

 

"Blaž Brodnjak, Archibald Kremser, and Andreas Burkhardt have been members of
the NLB Management Board for more than a decade, having joined the bank and
the Group during one of its most challenging periods. They have played key
roles in guiding the bank through its privatisation in 2018, navigating the
headwinds of the global pandemic and the war in Ukraine, while driving
significant growth in scale and profitability. Under their leadership, NLB has
achieved several previously unforeseen milestones, including major
acquisitions. The Supervisory Board holds their expertise and dedication in
the highest regard and acknowledges that all three have distinguished
themselves in their roles of CEO and members of the Management Board,"
stressed Chairman of the Supervisory Board Primož Karpe after the
appointment. "The Supervisory Board is confident that their continued
leadership along other Management Board members will ensure stability, focus,
strategic consistency, and a clear path for future growth, presenting a
compelling opportunity for long-term value creation and success," he added.

 

NLB is led by a seven-member Management Board, which in addition to Blaž
Brodnjak, CEO; Archibald Kremser, CFO; and Andreas Burkhardt, CRO; also
consists of Hedvika Usenik, CMO Retail; Andrej Lasič, CIB; Antonio Argir,
CGPO; and Reinhard Höll, CTO.

 

This announcement will be available on the company's website (www.nlbgroup.com
(http://www.nlbgroup.com/) ) as of 7 August 2025.

 

 

Investor Relations

NLB d.d., Ljubljana

 

 

 

 

 

 

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