Preliminary financial results as at December 31, 2025

Highlights 2025

• Growth across all of the bank’s business lines
• A very active year for the Banca Transilvania Group in mergers and acquisitions
• BT ranks #1 for customer satisfaction, with the highest NPS
• +65% BT’s total contribution to the public budget in 2025 versus 2024
  
  

Banca Transilvania posted above-market growth in 2025 in lending, operations and transactions, and profit dynamics reflect strong commercial activity and operational efficiency.

BT’s mergers and acquisitions in 2025 strengthened the Banca Transilvania Group’s position in banking, private pensions and microfinance in Romania and the Republic of Moldova.

Shareholders received two dividend distributions: 1.59 billion lei paid out of 2024 profit (in June), and 700 million lei from retained earnings accumulated in prior years (in December).

Banca Transilvania ranks first for customer satisfaction among large banks in Romania, 12 points above the market average (NPS – Net Promoter Score). Customers value the quality of products and services, the team’s professionalism and the infrastructure that makes banking simpler.

BT continued to be the main financier of the Romanian economy, mobilising the most resources in the banking system to finance companies, households and Romania’s strategic projects. The bank’s total contribution to the public budget, including taxes, social contributions, the turnover tax and the contribution to the Bank Deposit Guarantee Fund, was 2.9 billion lei, up 65% versus 2024.

2025 was a year of growth for the Banca Transilvania Group, with financial results above the market and the strongest fourth quarter in recent years, which consolidated our leadership position. We completed strategic mergers and acquisitions in Romania and the Republic of Moldova. There were also two rounds of dividends. I thank our investors, shareholders and customers for their trust, and the BT Group team for their contribution to these results. We started 2026 with a robust business model, financial discipline and a sharp focus on growth opportunities. We remain committed to supporting the Romanian economy even in periods of volatility, such as the one we are experiencing.

Horia Ciorcilă
Chairman of the Board of Directors
Banca Transilvania

Financial results of the Banca Transilvania Financial Group

• Consolidated net profit for full-year 2025 at Group level was 4.66 billion lei, confirming solid operating performance and the efficiency of the business model.
  
  
• Group profit was 1.39 billion lei in the fourth quarter of 2025, +7.4% versus the third quarter of 2025, marking the strongest quarter of the year.
  
  
• Total assets reached 224.4 billion lei at December 31, 2025, +8.4% versus December 31, 2024, underscoring the Group’s market position and business volume growth.
  
  
• Net loans and lease receivables reached 106.7 billion lei, an increase of +10.7% versus December 31, 2024, supported by financing demand from corporates and households. On a consolidated basis, the loans-to-deposits ratio reached 64.7%, up 3.9 percentage points.
  
  

In 2025, the BT Group completed two mergers simultaneously, in Romania and the Republic of Moldova: Banca Transilvania – OTP Bank România and Victoriabank – BCR Chișinău. It also finalized two strategic acquisitions: BRD Pensii, an operator in the Pillar II and Pillar III private pensions market, and Microinvest, the microfinance market leader in the Republic of Moldova.

Banca Transilvania financial performance

• The bank’s net profit was 4.10 billion lei, +16% in 2025 versus 2024, confirming solid commercial momentum and operational efficiency.
  
  
• BT’s net profit in the fourth quarter of 2025 was 1.17 billion lei, +2.4% versus the third quarter of this year and +42.6% compared with the fourth quarter of 2024, marking the strongest year-end in recent years.
  
  
• The gross loans-to-deposits ratio rose to 62.6%, 5.4 percentage points above the level in December 2024, driven both by acquired portfolios and by organic growth fuelled by strong loan demand.
  
  
• The non-performing loan ratio (EBA definition) was 2.40% at December 31, 2025, and total coverage of non-performing exposures by provisions was 178.9%, reflecting a prudent stance and portfolio quality.
  
  
• Net impairment charges and expected credit loss provisions for assets and provisions for other risks and loan commitments increased to 622.2 million lei, resulting in a cost of risk that remains below 1% (0.59%). The figures confirm the bank’s controlled risk profile.
  
  
• Operating efficiency improved by almost 1 percentage point (0.99 percentage points), to 44.39% as a result of operational efficiencies implemented throughout 2025. Excluding the impact of the turnover tax — which adds almost 5 percentage points — the cost-to-income (C/I) ratio would be 39.4%.
  
  
• Return on equity (ROE) reached 25.23% in December 2025. BT’s capital adequacy ratio is 22.7%, including the interim net profit for the first half in own funds, which keeps the bank in a strong capital position, able to support future growth.
  
  

Performance by business line

Banca Transilvania reached almost 5 million active customers (retail and corporate) at the end of last year. In 2025, BT added over 470,000 new retail customers, plus more than 130,000 coming from OTP Bank România following its merger with Banca Transilvania.

• The bank extended 21.1 billion lei in financing to companies and 12.9 billion lei to individuals.
  
  
• The bank’s gross loan book is +22.6%, growth driven mainly by the retail segment, where the loan stock advanced by 26.7%.
  
  
• New lending volumes to individuals are +28.1% versus 2024, supported mainly by demand for mortgage lending. The stock of mortgage/housing loans reached 24.9 billion lei, +29.2% versus December 2024, accounting for 23.6% of the total loan portfolio.
  
  
• Corporate loan volumes are +19.9%, an evolution that also reflects the impact of integrating the OTP Bank România portfolio. In 2025, BT continued to be a leader and arranger of syndicated facilities in key sectors such as energy, automotive, telecommunications and industry.
  
  
• The number of cards issued by BT reached over 8 million, and the number of card transactions is +19% versus 2024. The ecosystem continues to accelerate: more than 5.7 million unique cards are enrolled in the BT Pay (for individuals) and BT Go (for entrepreneurs) apps.
  
  

The Banca Transilvania Group entered 2026 from a strong position for future growth. A string of news — roughly one every two days — such as representing Romania at CEE Forum Vienna, launches and round-number milestones across different market segments confirms BT’s momentum and accelerated pace.