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Banks (Finance)

Aktia Bank Plc's Half-Yearly Report: A Challenging Operating Environment with Progress on Momentum Growth Program

Strategic Insights

— 2 min read

Aktia Bank Plc performed well in the second quarter of the year, with a strong focus on the Momentum growth program showing tangible positive results. Despite a challenging operating environment, the bank's assets under management increased by 1.3 percent during the quarter to EUR 15.9 billion. The comparable operating profit for the quarter was EUR 26.2 million, 15 percent lower than last year, mainly due to the changed interest rate situation. The Momentum growth program is progressing according to plan and is expected to have an annual profit-improving effect of approximately EUR 4 million.

Key Takeaways:

  • Aktia Bank Plc's comparable operating profit decreased by 15 percent to EUR 26.2 million in the second quarter of the year due to the changed interest rate situation.
  • The bank's assets under management increased by 1.3 percent to EUR 15.9 billion during the quarter.
  • The Momentum growth program is showing tangible positive results, with an expected annual profit-improving effect of approximately EUR 4 million.
  • Aktia Bank Plc's strategic growth program, Momentum, aims to strengthen the asset management business and provide reliable asset management services to a broader customer base.
  • The bank has reorganized its banking operations to provide first-class advice to customers who have shown trust in Aktia.
  • Aktia's operating income was largely in line with the previous quarter, with net commission income remaining stable and net life insurance income increasing due to good performance of investment activities and investment contracts.
  • The bank's cost discipline continues, with operating expenses decreasing by 1 percent compared to last year.
  • Aktia's comparable return on equity for the quarter was 12.1 percent.
  • The bank has conducted an extensive employee survey, which gave positive signals, with an eNPS of 29 and a culture index of 4.3 out of 5.

Statistics:

  • EUR 26.2 million: Aktia Bank Plc's comparable operating profit for the second quarter of the year.
  • EUR 15.9 billion: Aktia Bank Plc's assets under management as of the end of the quarter, an increase of 1.3 percent from the previous quarter.
  • 15 percent: Decrease in comparable operating profit compared to the same period last year.
  • EUR 4 million: Annual profit-improving effect expected from the Momentum growth program.
  • 12.1 percent: Aktia Bank Plc's comparable return on equity for the quarter.
  • EUR 29: eNPS score from the employee survey.
  • 4.3/5: Culture index from the employee survey.

Sources:

  • Aktia Bank Plc's half-yearly report 1 January-30 June 2025
  • Aktia Bank Plc's press release (12.2.2025)

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