The key takeaways after today’s NLB Supervisory Board regular session are solid business results of the NLB Group with profit after tax of EUR 274.4 million in the first half of 2025, the share price of NLB d.d. reaching an all-time high and hovering around book value per share, and the mandates of three NLB Management Board members have been extended.
In the first half of 2025, NLB Group achieved a profit after tax of EUR 274.4 million, successfully combating the declining interest rate environment with stable net interest income, growing net fee and commission income, cumulatively adding 5% YoY to the topline, and a strict cost containment agenda, while supporting clients in the region with the double-digit annual growth rate of loans. Furthermore, robust asset quality, coupled with comfortable capital ratios and abundant liquidity provide a solid base for further growth ambitions.
Sound business results that inspire confidence and strengthen the foundation of our Group, as well as the wider economic environment of our home region, represent only one side of the story we are focusing on in the NLB Group. The other is our growth ambition and commitment to delivering on our business strategy. We believe the future of banking belongs to those who see beyond transactions – to relationships. To those who recognise clients’ needs at any given moment in their life, anticipate their evolving expectations, and design the ecosystem of banking and embedded finance services that adapt accordingly. To those who build on lasting relationships. On trust. On consistency. And reliability. On everything that serves not only shareholders, but also the communities we empower every day.
This alignment between strategy and execution is evidenced both in the first achievements of the new strategy, such as the growth of our digital penetration to 58.2%, with digital sales in retail segment in Slovenia achieving 33.6%, the roll-out of next generation digital banking app “NLB Klik” in Slovenia, and building of the leasing ecosystem across the region, as well as by the growth in shareholder returns delivered over the years, namely through price appreciation (in the first six months of 2025 exceeding 17%) or through dividends (with the first tranche of EUR 6.43 gross of expected 2025 dividends already paid to shareholders).
It is also reflected by the share price of the NLB d.d. reaching all-time high and hovering around book value per share at the beginning of the August – an indication that investors are as excited for the future as we are.
For even more information on the NLB Group’s Second Quarter and First Half-year 2025 results you are kindly invited to join our Management Board and follow the live webcast presentation on Thursday, 7 August 2025, at 16:00 CEST/15:00 UK. You can join the call and submit any questions you may have at https://www.nlb.si/ir-events.
As the current term of office of Blaž Brodnjak as CEO, and Archibald Kremser and Andreas Burkhardt as members of the Management Board of NLB d.d. expires on July 5th, 2026; NLB’s Supervisory Board discussed their re-appointment during today’s session. All three were re-appointed for another five-year term of office, starting on July 6, 2026.
Blaž Brodnjak, Archibald Kremser, and Andreas Burkhardt have been members of the NLB Management Board for more than a decade, having joined the bank and the Group during one of its most challenging periods. They have played key roles in guiding the bank through its privatisation in 2018, navigating the headwinds of the global pandemic and the war in Ukraine, while driving significant growth in scale and profitability. Under their leadership, NLB has achieved several previously unforeseen milestones, including major acquisitions. The Supervisory Board holds their expertise and dedication in the highest regard and acknowledges that all three have distinguished themselves in their roles of CEO and members of the Management Board. The Supervisory Board is confident that their continued leadership along other Management Board members will ensure stability, focus, strategic consistency, and a clear path for future growth, presenting a compelling opportunity for long-term value creation and success.
NLB is led by a seven-member Management Board, which in addition to Blaž Brodnjak, CEO; Archibald Kremser, CFO; and Andreas Burkhardt, CRO; also consists of Hedvika Usenik, CMO Retail; Andrej Lasič, CIB; Antonio Argir, CGPO; and Reinhard Höll, CTO.
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