Multitude Bank p.l.c. has reported a profit after tax of €23.6 million for the financial year ended 31 December 2025, marking an increase of €6million over the previous year.
The Malta-based digital bank said on Thursday 26 March, 2026 that total operating income increased by €3.0 million compared with the prior year, driven by an increase in net fees and commission income of €5.7 million and a reduction in net interest income of €4.2 million.
Operating expenditure rose by 5% to €78.8 million.
The Bank said its financial position strengthened during the year, with total assets increasing by €282.0 million — a 28% rise from 2024.
Loans and advances to customers, the Bank’s main asset class, also grew from €498.9 million to €672.2 million.
The asset base also includes debt investments of €288.3 million, as well as balances with central banks and other banks amounting to €226.6 million.
In a statement, Multitude Bank CEO Antti Kumpulainen said: “The Bank delivered a solid performance in 2025, with profit after tax of €23.6 million, marking a notable increase over 2024 and reflecting the resilience of our business model and our continued focus on disciplined execution.”
“While net interest income eased by 3% to €157.9 million, we expanded our balance sheet, with total assets rising 28% and loans and advances to customers increasing.
We also saw the healthy performance of new products launched last year which the market has responded very positively to,” he added.
Kumpulainen said Multitude Bank remains focused on delivering innovative and accessible banking solutions that support its customers’ everyday needs, underpinned by prudent risk management and a sustainable cost base.
The Bank’s Liquidity Coverage Ratio stood at 686.10%, which the Bank described as very healthy.
The Bank’s Total Capital Ratio as at 31 December, 2025 was 21.97% , well above the required minimum of 17.68%.
Similarly, the Bank’s total CET1 capital ratio as at 31 December 2025 was 16.53% , well above the minimum required of 14.49% for that period.
Commenting on this, Multitude Bank Deputy CEO Dario Azzopardi said: “Maintaining a Liquidity Coverage Ratio of 686.10% reflects our cautious approach to liquidity management and strong focus on resilience. Total Capital Ratio of 21.97% and CET1 ratio of 16.53% are both comfortably above the regulatory minimums and demonstrate disciplined capital planning. This reflects a healthy banking culture that prioritises sound risk management, robust governance, and long-term stability for our customers and stakeholders.”
Since its inception in 2012, Multitude Bank has steadily expanded its footprint across more than 16 EEA countries, primarily through its consumer lending and deposit products.
In recent years, it has diversified into wholesale banking services, including secured debt financing and integrated payment solutions.
In 2025, the digital Bank announced the launch of its new digital deposit services for customers in Malta, expanding its product portfolio with the introduction of Savings Accounts and Fixed Term Deposits, both covered by the Maltese Depositor Compensation Scheme for deposits up to €100,000.
These services were first launched in Malta and later expanded to Spain and Germany.
Then, in February 2026, the Bank announced that customer deposits had surpassed the €1 Billion mark.
In accordance with Capital Markets Rules requirements, the audited financial statements are being made publicly available for viewing on the Bank’s website.
