Bsp · RUS:BSPB
Bsp — Bank Saint Petersburg — Q2 2026 Earnings Presentation
18 slides from Bsp's earnings presentation, Aug 21, 2026
Slide 1: 2Q 2026 IFRS Financial Results
BANK SAINT PETERSBURG 2Q 2026 IFRS FINANCIAL RESULTS August 21, 2026
Slide 2: Disclaimer
DISCLAIMER This presentation contains forward-looking statements regarding future events and financial performance of PJSC “Bank Saint Petersburg" (hereinafter - the “Bank"). Such forward-looking statements are based on the current expectations and assumptions of the Bank's management, are made in g
Slide 3: 1H 2026 Highlights
1H 2026 HIGHLIGHTS – Net Income RUB 16.5 bn – Return on Equity 15.3% – Loan portfolio RUB 1 018 bn with +6% YTD growth – Retail customer deposits RUB 561 bn with +8% YTD growth – Tier 1 Capital Adequacy Ratio 17.3% – The Supervisory Board approved the EGM recommendations on dividends for 1H 2026: RU
Slide 4: Key Financial Results for 1H 2026
KEY FINANCIAL RESULTS FOR 1H 2026 Net Income Return on Equity Earnings Book Value RUB mln % per Share per Share -33% RUB RUB 55 24 652 24.0% 508 478 16 514 38 15.3% 1H 2025 1H 2026 1H 2025 1H 2026 1H 2025 1H 2026 1H 2025 1H 2026 4
Slide 5: Key Financial Results for 2Q 2026
KEY FINANCIAL RESULTS FOR 2Q 2026 Net Income Return on Equity Earnings Book Value RUB mln - 39% % per Share per Share RUB RUB -49% 10 911 9 125 8 763 530 508 19.9% 498 492 503* 478 17.0% 16.0% 481* 25 5 603 20 20 4 432 10.1% 8.0% 13 10 2Q 253Q 254Q 25 1Q 26 2Q 26 2Q 253Q 254Q 25 1Q 26 2Q 26 2Q 25 3Q
Slide 6: Financial Results for 1H 2026
FINANCIAL RESULTS FOR 1H 2026 2 499 1017 46 047 5 941 36 590 (8 000) NIM 6.4% 16 514 1H (15 804) (689) CoR 1.6% (5 040) CIR 34.3% 2026 ROE 15.3% 5 129 601 50 762 5 602 39 430 (6 833) 14 1H (12 312) 24 652 NIM 7.4% CoR 1.7% 2025 (6 979) CIR 24.3% ROE 24.0% 6
Slide 7: Financial Results for 2Q 2026
FINANCIAL RESULTS FOR 2Q 2026 1 551 512 23 432 3 146 NIM 6.4% 18 223 2Q (6 945) CoR 2.8% 5 603 CIR 37.7% 2026 (8 845) (467) ROE 10.1% (1 571) 505 22 615 2 795 948 NIM 6.5% 18 367 1Q (1 055) 10 911 CoR 0.4% (6 959) (222) CIR 30.8% 2026 (3 468) ROE 19.9% 2 811 222 25 376 2 841 19 502 NIM 7.2% (6 876)
Slide 8: Revenues Dynamics
REVENUES DYNAMICS Revenues Net trading income RUB mln Net fee and commission income -9.3% Net interest income – Net interest income remains under pressure due to -7.7% 50 762 interest rate dynamics 46 047 +3.6% 5 129 – Despite challenges in the 5 602 2 499 25 376 5 941 24 155 24 193 22 615 23 432 tr
Slide 9: Sources of Funding
SOURCES OF FUNDING Customer Deposits Liabilities and Equity RUB bn/ % RUB bn/ % +2.4% 1 305.8 1 353.7 «Free» 33% 16% sources of 17% funding – Retail customer deposits grew +7.6% 888.0 909.3 13% 31% 14% since the beginning of the year and 2% 1% 7% account for 62% of total customer 348.5 7% 366.6 41%
Slide 10: Net Interest Margin & Rates Dynamics
NET INTEREST MARGIN & RATES DYNAMICS Net interest margin Interest rates Interest rates % on assets on liabilities % % – A decrease in the net 9.6% 21.1% 19.4% interest margin due to the 19.4% 8.8% 17.4% dynamics of the key rate 16.2% 17.6% 14.8% 18.9% 17.4% 16.4% 14.5% and a significant share of 7.9
Slide 11: Non-Interest Income
NON-INTEREST INCOME Non-Interest income Guarantees and letters of credit issued Other RUB mln Cash and settlement transactions Customers' FX – The volume of customers’ FX -10.2% Banking cards Insurance commissions transactions is declining amid intensified competition and -3.5% 8 192 reduced custome
Slide 12: Loan Portfolio and Credit Quality 1/2
LOAN PORTFOLIO AND CREDIT QUALITY 1/2 Corporate loan portfolio Retail loan portfolio RUB bn RUB bn +6.0% – The corporate loan portfolio excluding +5.4% currency revaluation has grown by 6% +4.5% since the beginning of the year (the 771.3 805.9 +3.2% effect of currency revaluation is RUB 0.1 767.1 76
Slide 13: Loan Portfolio and Credit Quality 2/2
LOAN PORTFOLIO AND CREDIT QUALITY 2/2 Loan portfolio Provisions coverage RUB bn / % % 96.8% 93.4% 108.1% 87.3% 90.2% 87.1% 100.1% 100.3% 105.1% 93.8% 78.6% 79.7% 1 018.4 961.9 8.9% 7.8% 7.6% 8.5% – The share of problem loans is 751.0 557.8 686.3 5.0% 5.2% 4.4% 4.7% decreasing and is at a 513.9 3.8%
Slide 14: Cost of Risk
COST OF RISK Provisions* Cost of Risk RUB mln % 17 317 2.4% – The Cost of Risk for 1H 2026 was 1.6% 2.4% 2.1% 2.0% and is within the FY 2026 guidance 8 983 7 571 1.6% 2.0% 6 092 2.0% 1.3% 1.4% 4 596 8 000 6 945 1.3% 1.0% 1.6% – Cost of Risk on retail loans at a 1 055 0.9% 0.8% comfortable low level
Slide 15: Capital & Capital Adequacy Ratios (RAS, Basel III)
CAPITAL & CAPITAL ADEQUACY RATIOS (RAS, BASEL III) Capital Risk-weighted Capital Adequacy RUB bn assets (Tier 1 CAR) Ratios – Before the audit, net profit for RUN bn % the 1H 2026 is not taken into -3.4% account in the calculation of the +4.8% Tier 1 Capital Adequacy Ratio (estimated impact of the p
Slide 16: FY 2026 Expectations
FY 2026 EXPECTATIONS The updated forecast from August 21, 2026 – Loan Portfolio growth +10-12% NET INCOME – Cost of Risk 150 b.p. ~ 150 b.p. RUB 35+ – Cost-to-Income ratio 35-37% 36-37% ~ 30 bn 16
Slide 17: Financial Highlights
FINANCIAL HIGHLIGHTS In RUB bn Jan 1, 2026 July 1, 2026 YTD July 1, 2025 Apr 1, 2026 July 1, 2026 q-o-q y-o-y Total assets 1305.76 1353.70 +3.67% 1252.64 1392.75 1353.70 -2.80% +8.07% Gross Loans 961.89 1018.42 +5.88% 857.80 977.35 1018.42 +4.2% +18.72% Customer Deposits 887.98 909.34 +2.4% 757.18 9
Slide 18: Contacts for Investors
CONTACTS FOR INVESTORS Information for investors is available on site: https://www.bspb.ru/en/investors/ Email: [email protected] T: +7 /812/ 332 78 36 18
Bank Saint Petersburg — Q2 2026 Earnings Presentation on 6ix