Expressbank has announced its financial results for the second quarter of 2026.
Significantly increasing its profitability during the reporting period, the Bank raised its net profit by 72.1% compared to the same period last year. Thus, net profit, which stood at 4.297 million AZN in the second quarter of 2025, reached 7.397 million AZN in the same period of 2026.
In the current reporting period, operating profit grew by 20.8% to reach 12.782 million AZN. Interest income and net interest income increased by 15.8% and 10.6%, respectively.
The Bank's assets also maintained an upward trend. According to the results of the second quarter of 2026, Expressbank's total assets increased by 38.2 million AZN, or 5.7%, compared to the same period last year, reaching 704.969 million AZN. The loan portfolio grew by 18.1 million AZN to 567.815 million AZN.
One of the notable highlights of the reporting period was the growth recorded in the deposit portfolio. Considered a key indicator of customer trust, the deposit portfolio increased by 40.6 million AZN, or 13%, reaching 352.062 million AZN. In particular, retail deposits with the Bank grew by 19%, rising from 259.747 million AZN to 309.038 million AZN.
These financial achievements once again reaffirm Expressbank's sustainable growth trajectory and its strengthening market position. It should be noted that to expand its service network and make convenient banking services even more accessible, the Bank plans to open 2 new branches for its customers by the end of this month.
It is worth noting that in 2025, the international rating agency Fitch evaluated Expressbank OJSC and affirmed the Bank's long-term rating at 'B+' with a 'Stable' Outlook.
License No. 119, 30.12.1992, Central Bank of Azerbaijan. 134C Y. V. Chamanzaminli Str., Baku.
