Banks’ profit in the first quarter of 2025 increased by almost one third, amounting to 1,040.6 million lei (+ 226.3 million lei). At the same time, own funds and their collateralization ratio, deposits of legal entities and bank deposits decreased, the National Bank reports on financial results in the banking system of the country in the first quarter of the year.
The increase in profit was due to the growth of interest income by 169.6 million lei (7.4%) and commission income by 78.9 million lei (9.8%). Interest income increased mainly due to lending activities. At the same time, income from exchange rate differences decreased by 21.1 million lei (4.4%).
Interest expenses also decreased by 130.3 million lei (17.9%), while non-interest expenses (related to commissions, administrative expenses, reserves, depreciation of financial and non-financial assets, etc.) increased by 182.6 million lei (8.9%).
Total revenues amounted to 3,882.1 million lei, increasing by 278.6 million lei (7.7%) compared to the same period of the previous year. Of this, interest income accounted for 63.1% (2,449.8 million lei), while non-interest income accounted for 36.9% (1,432.3 million lei). At the same time, total expenses amounted to 2,841.5 million lei.
At the end of March, the return on assets amounted to 2.3%, which is at the level of the end of the previous year, while the return on equity decreased to 14.7% (-0.1 p.p.) compared to the end of the previous year.
The total balance of deposits, more than half of which are deposits of individuals (59%), slightly increased as a result of the increase of these deposits (+2%), amounting to 77,318.9 million lei. However, the balance of deposits of legal entities decreased by 296.8 million lei (0.6%), to 52,715.2 million lei.
