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 here for full details.

For our full press release, please refer to the Download below.