Luminor Bank announced a decrease in its net profit to €157.7 million for the previous year, primarily attributed to lower interest rates impacting revenue. Despite this decline, the bank maintained stable costs, with an expense-to-income ratio of 64.2% and a return on equity (ROE) of 8.6%. Luminor reported a significant increase in its total loan portfolio, which grew by €956 million (9.1%) to €11.5 billion, alongside a modest rise in its deposit portfolio by €158 million (1.4%).

The bank highlighted a substantial growth in loans to individuals, which rose by €589.1 million, and a €366.9 million increase in loans to businesses. Furthermore, Luminor revealed that the share of non-performing loans within its portfolio stood at just 2% at the end of the year. In the housing loan market, 2025 is projected to be a historic year for Luminor, with the bank having expanded its housing loan portfolio by 58%, assisting nearly 6,000 clients in acquiring new homes.

Moreover, Luminor's business segment exhibited robust growth, attributed to increasing demand for leasing services. This trend is reflective of the overall economic dynamics within Lithuania and suggests that while profit margins may be squeezed by interest rate fluctuations, the bank's diversified growth strategy in lending and leasing could provide a buffer against economic volatility in the future.