Bsp · RUS:BSPB
Bsp — Bank Saint Petersburg — Q1 2026 Earnings Presentation
17 slides from Bsp's earnings presentation, May 15, 2026
Slide 1: Bank Saint Petersburg 1Q 2026 IFRS Financial Results
BANK SAINT PETERSBURG 1Q 2026 IFRS FINANCIAL RESULTS May 15, 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: 1Q 2026 Highlights
1Q 2026 HIGHLIGHTS – Net Income RUB 10.9 bn – Return on Equity 19.9% – Loan portfolio RUB 977 bn with +2% YTD growth – Tier 1 Capital Adequacy Ratio 19.7% 3
Slide 4: Key Financial Results for 1Q 2026
KEY FINANCIAL RESULTS FOR 1Q 2026 Net Income Return on Equity Earnings Book Value RUB mln - 29.7% % per Share per Share RUB RUB +146.2% 492* 481* 457* *incl. dividend payment 4
Slide 5: Financial Results for 1Q 2026
FINANCIAL RESULTS FOR 1Q 2026 505 22 615 2 795 948 18 367 NIM 6.5% 1Q (1 055) 10 911 CoR 0.4% (6 959) (222) CIR 30.8% 2026 (3 468) ROE 19.9% 1 688 507 24 193 3 312 18 686 NIM 6.4% 4Q (5 169) CoR 2.1% 4 432 CIR 45.0% (10 896) 2025 (349) (3 347) ROE 8.0% 2 318 379 25 386 43 2 761 19 928 NIM 7.6% 15 52
Slide 6: Revenues Dynamics
REVENUES DYNAMICS Revenues Net trading income Net fee and commission income RUB mln Net interest income -10.9% -6.5% – Net interest income remains under pressure due to interest rate dynamics – Despite challenges in the transaction banking service market, net commission income remains at last year's
Slide 7: Sources of Funding
SOURCES OF FUNDING Customer Deposits Liabilities and Equity RUB bn/ % RUB bn/ % +1.7% «Free» 33% sources of funding – Retail customer deposits grew +2.4% 30% since the beginning of the year and account for 59% of total customer 41% 41% Customer deposits deposits 68% 65% – Despite the decline in the
Slide 8: 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 interest margin due to the dynamics of the key rate and a significant share of floating-rate corporate loans – A significant share of "free" liabilities (30%
Slide 9: Non-Interest Income
NON-INTEREST INCOME Non-Interest income Guarantees and letters of credit issued RUB mln Cash and settlement transactions Banking cards -16.3% Other Customers' FX – The volume of customers’ FX -13.5% Insurance commissions transactions stabilized at ≈700 million rubles. – Growth of the guarantee busin
Slide 10: Loan Portfolio and Credit Quality 1/2
LOAN PORTFOLIO AND CREDIT QUALITY 1/2 Corporate loan portfolio Retail loan portfolio RUB bn RUB bn +30.9% – The corporate loan portfolio excluding +1.5% +20.4% currency revaluation has grown by 0.6% since the beginning of the year (the +2.2% effect of currency revaluation is RUB 7 bn) – Mortgages re
Slide 11: Loan Portfolio and Credit Quality 2/2
LOAN PORTFOLIO AND CREDIT QUALITY 2/2 Loan portfolio Provisions coverage RUB bn / % % – The share of problem loans is decreasing and is at a historically low level Allowance for impairment/Gross loans ratio Loan portfolio before provisions Problem loans* / Gross loans ratio Loan-to-Deposits ratio Pr
Slide 12: Cost of Risk
COST OF RISK Provisions* Cost of Risk RUB mln % – The Cost of Risk for Q1 2026 was 0.4% and is within the FY 2026 guidance – Cost of Risk on retail loans at a comfortable low level of 0.4% (incl. CoR 0.1% on mortgages and CoR 1.8% on consumer loans) Cost of Risk on retail loans Cost of Risk on corpo
Slide 13: Capital & Capital Adequacy Ratios (RAS, Basel III)
CAPITAL & CAPITAL ADEQUACY RATIOS (RAS, BASEL III) Capital Risk-weighted Capital Adequacy – Before the audit, net profit for RUB bn the first quarter of 2026 is not assets (Tier 1 CAR) Ratios taken into account in the RUN bn % calculation of the Tier 1 Capital Adequacy Ratio (estimated +0.1% impact
Slide 14: Corporate Actions
CORPORATE ACTIONS – On March 19, the Bank's Supervisory Board decided to acquire 9,000,000 ordinary shares of the Bank at a purchase price of 340 rubles per share. – The deadline for submitting applications to sell shares of the Bank is from April 10, 2026, to May 22, 2026. – All shareholders who wi
Slide 15: FY 2026 Expectations
FY 2026 EXPECTATIONS The expectations from March 6, 2026 is confirmed – Loan Portfolio growth +10-12% NET INCOME – Cost of Risk 150 b.p. RUB 35+ bn – Cost-to-Income ratio 35-37% 15
Slide 16: Financial Highlights
FINANCIAL HIGHLIGHTS In RUB bn Jan 1, 2026 Apr 1, 2026 YTD Apr 1, 2025 Jan 1, 2026 Apr 1, 2026 q-o-q y-o-y Total assets 1305.76 1392.75 +6.66% 1143.32 1305.76 1392.75 +6.66% +21.82% Gross Loans 961.89 977.35 +1.61% 760.41 961.89 977.35 +1.61% +28.53% Customer Deposits 887.98 903.14 +1.71% 728.33 887
Slide 17: 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 17
Bank Saint Petersburg — Q1 2026 Earnings Presentation on 6ix