Citi Handlowy's total revenues amounted to PLN 1.01 billion (-7% year-on-year). Net interest income decreased by 11% year-on-year to PLN 733 million, as a consequence of declining interest rates. Net fee and commission income, on the other hand, grew by 7% year-on-year, driven primarily by the bank's activity in the area of custody services, reaching PLN 152 million. The bank's operating expenses including depreciation amounted to PLN 359 million, representing an increase of 4% compared to the same period in 2024. The total loan balance grew by 14% year-on-year, and deposits by 16% year-on-year. The cost-to-income ratio stood at 36%.

Citi Handlowy is repositioning its operations and is intensively developing its institutional banking business. The third quarter was another period in which the bank recorded strong growth dynamics in this area. Loans grew by as much as 27% year-on-year, compared to an average sector growth of 6%. The most dynamic asset growth was recorded in the largest corporate client segment (+45% year-on-year).

In line with the new strategic directions announced in May, the bank is supporting the delivery of the country's key priorities. Citi Handlowy extended another loan this year to the European Bank for Reconstruction and Development amounting to PLN 400 million, supporting EBRD projects including those related to the transformation of the energy sector, decarbonisation of the economy, and support for Poland's economic development. Citi Handlowy was also a partner to Kaucja.pl — the National Deposit Return System — in the implementation of the direct recycling system, which launched in Poland on 1 October.

In the area of Retail Banking, Citi Handlowy is maintaining strong growth dynamics. The number of affluent clients increased by 10% year-on-year; retail client deposit balances grew by 7% year-on-year, while funds in investment products were 18% higher year-on-year. The mortgage product balance increased by 2% year-on-year. In terms of the value of credit extended on credit cards, the bank's market share stood at 15%. The sales volume of cash loans and credit card loans in the third quarter grew by 17% year-on-year. The cash loan balance grew by 5% year-on-year.

Citi Handlowy continues its policy of sharing profits with shareholders. In line with the declaration announced in May — following the payment of the second highest dividend in the bank's history, amounting to PLN 1.3 billion this year — in the third quarter the bank distributed an additional PLN 448.55 million to shareholders.

Elżbieta Czetwertyńska, President of the Management Board of Citi Handlowy: "The third quarter was another period in which the consistent execution of the Global Business Bank development strategy translated into results in institutional banking. I am proud to say that loan volumes in this part of the business grew by 27% — more than four times faster than the market average — while deposits grew by 22%, compared to 12% growth across the banking sector."

"We participated in key transactions. We provided our clients not only with financial solutions, but also brought in global experts in economics and geopolitics to support them in planning the development of their businesses."

"In line with our plan, we are preparing our retail banking operations for migration to VeloBank. In this business, we are growing in strategic segments, which reflects the trust our clients place in our team and our solutions."

Patrycjusz Wójcik, Vice President of the Management Board for Finance: "We are growing in client-driven activity and are well positioned to support further client engagement. Our capital ratios remain at a high level."

"We are also delivering on the bank's dividend policy. In July, we paid the second record dividend of PLN 10.29 per share, and at the end of October, an additional dividend of PLN 3.44 per share."

"The cost-to-income ratio in institutional banking stood at 23% in the third quarter, confirming the highly efficient operating model of this segment."