Economic results: Finnish bank achieves record profit in Estonia

In 2025, revenue of OP Corporate Bank’s Estonian branch, which focuses on corporate clients, reached EUR 20.3 million, increasing by 1.9% year-on-year (+EUR 0.4 million). By year-end, the branch’s pre-tax profit amounted to EUR 9.6 million, marking a 5.1% increase compared to the previous year.

The loan and leasing portfolio in Estonia grew by EUR 0.1 billion in 2025, reaching EUR 0.9 billion. Deposits increased from EUR 0.5 billion to EUR 0.6 billion over the same period. Business volumes were supported by stable demand for financing and continued client confidence in the bank.

According to Maila Kirspuu, Country Manager of OP Bank in Estonia, the results demonstrate the bank’s resilience and the trust of its clients at a time when the Estonian economy is beginning to recover after a prolonged slowdown.

“The Estonian economy is entering a new growth cycle, and companies’ readiness to invest has clearly strengthened. Increasingly, the current moment is seen as an opportunity to make strategic decisions ahead of further acceleration in economic growth. OP Bank is deliberately expanding its client base to support the growth ambitions of more companies. Last year, we welcomed several significant new clients to our portfolio and see clear potential to continue in this direction. For large corporates, having a stable financial partner with both the capital strength and the capability to support ambitious, long-term investments is crucial in a growing economic environment,” said Kirspuu.

Continued growth across the Baltics

Across the Baltic region, the bank successfully increased both revenues and lending volumes despite a volatile economic environment. Total revenue in the Baltics grew by 5% year-on-year to EUR 74 million, while operating profit across the three countries amounted to EUR 38.1 million (–EUR 1.2 million).

The loan and leasing portfolio showed particularly strong growth, rising to EUR 3.3 billion by year-end, representing nearly 14% growth (+EUR 0.4 billion). Deposits also increased significantly, growing by nearly 11% to EUR 1.9 billion (+EUR 0.2 billion).

OP Pohjola results

OP Pohjola group, which includes OP Corporate Bank, generated total income of EUR 4.639 billion last year, 4.2% lower than the EUR 4.844 billion recorded in the previous year. The Group’s operating profit amounted to EUR 2.269 billion, down 8.7% from EUR 2.486 billion a year earlier.

Although overall volumes were somewhat lower than the year before, the group continued its strategic investments in sustainable finance. The volume of green and sustainability-linked loans in Finland and the Baltics increased to EUR 8.9 billion (+EUR 0.3 billion), reinforcing the bank’s leading role in financing the green transition in the region.

The group’s financial position remains very strong, with a Common Equity Tier 1 (CET1) ratio of 21.2% at year-end, significantly exceeding regulatory minimum requirements and providing a solid foundation for the future.