Expressbank has disclosed its financial results for the first quarter of 2026. The performance for the reporting period confirms the Bank's significant achievements in both profitability and operational efficiency.
According to the results, the Bank's net profit grew by more than 35% compared to the same period last year, totaling 3,272,000 AZN. This growth was accompanied by increased operational efficiency and improved yield indicators.
Operating profit rose by nearly 17% year-on-year, approaching 6 million AZN. This figure serves as a clear example of enhanced operational performance and the rational management of internal resources.
The reporting period also saw a significant expansion of the Bank's income base. Interest income grew by almost 15%, exceeding 22,494,000 AZN, while net interest income increased by approximately 10% to reach 14,307,000 AZN. This positive dynamic confirms the resilience of the Bank's revenue potential across its core activities and further strengthens its position in the financial market.
Furthermore, interest income from trading and investment securities surged by over 43% compared to the same period last year, reaching 749.21 thousand AZN This highlights the effective diversification of the Bank's revenue streams.
At the end of the period, the Bank's total assets stood at 661.973 million AZN, the deposit portfolio at 307.871 million AZN, and the loan portfolio at 546.543 million AZN. The Q1 results confirm that Expressbank continues to cooperate with both individual and corporate clients based on principles of sustainability while maintaining financial discipline.
As a reminder, in 2025, the international rating agency "Fitch" affirmed Expressbank OJSC's long-term rating at "B+" with a "Stable" outlook.
License No. 119 dated 30.12.1992, CBA. 134C Y.V. Chemenzeminli St., Baku.
