Multitude Bank p.l.c. has posted strong half-year results, reporting a 53% year-on-year increase in profit before tax to €9.5 million, up from €6.2 million in the same period last year. Profit after tax reached €9.0 million, the Malta-based digital bank announced on August 21, 2025.

Total operating income rose to €80.2 million, with €76.1 million generated from net interest income and €4.1 million from net fee and commission income.

Lending Growth and Investments
As at 30 June 2025, Multitude Bank’s total assets reached €1.17 billion. Loans and advances to customers climbed 12.7% to €563 million, while debt investments grew by 12.9% to €295 million. Balances with central banks and other banks amounted to €229 million.

The Bank also strengthened its presence in the Nordic market by increasing its equity stake in Sweden-based Lea Bank AB to 24.99%.

“We are pleased with the continued momentum in H1 2025, delivering significant growth in both profitability and lending across our European footprint. Our disciplined approach positions us well for the second half of the year,” said Antti Kumpulainen, CEO of Multitude Bank.

Deposits and Capital Strength
Customer deposits rose to €927 million, supported by inflows from the German, Swedish, and Maltese markets. Recently launched savings and term deposit products, with maturities ranging from 3 to 36 months, contributed to further diversification.

In H1 2025, the Bank issued €25 million in Tier 2 notes maturing in March 2035, reinforcing its capital structure.

The bank closed the first half with a Liquidity Coverage Ratio of 750.71%, a total capital ratio of 23.00%, and a CET1 ratio of 17.24%—all well above regulatory requirements.

“Our strong first-half performance reflects the continued growth of our core business units, underpinned by a solid capital and liquidity base. These results highlight both the resilience and the scalability of our platform,” Kumpulainen concluded.