# Coop Pank Reports 30% Jump in Third-Quarter Net Profit on Strong Loan Growth

- URL: https://stocks.freetheai.org/news/coop-pank-reports-30-jump-in-third-quarter-net-profit-on-strong-loan-growth-7c139d
- Published: 2026-10-20T05:00:00Z
- Category: earnings; sentiment: bullish; impact: medium
- Symbols: [OMXTSE:CPA1T](https://stocks.freetheai.org/symbols/OMXTSE-CPA1T)
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Coop Pank AS (OMXTSE:CPA1T) generated a third-quarter net profit of 9.1 million euros, representing a 30% increase compared with the same period last year and a 10% rise from the prior quarter. Net income rose 22% year-over-year to 23.8 million euros, fueled by an expanding loan portfolio and higher deposit volumes. Total deposits reached 2.32 billion euros, up 21% from a year earlier, while funding costs dropped to 2.1%.

The bank's financial performance was supported by solid asset quality and controlled credit risks. Overdue loans improved to 2% of the total portfolio from 2.3% a year ago, while impairment provisions fell to 0.4 million euros. Meanwhile, total net loans expanded 14% year-over-year to 2.3 billion euros, with business and home lending driving the quarter's momentum. The bank maintained a return on equity of 14.6% and a cost-to-income ratio of 52%.

Looking ahead, the lender is expanding its retail presence and debt funding capacity. In September, the bank doubled its European Medium Term Note and Covered Bond Programme limit to 1.5 billion euros to support ongoing expansion. Investors will monitor whether retail banking growth, including new card products and regional retail store integrations, helps the company progress toward its long-term target of 60 million euros in annual net profit by 2030.

## Key points

- Net profit reached 9.1 million euros in Q3 2026, up 30% year-over-year and 10% quarter-on-quarter.
- Net loan portfolio grew 14% year-over-year to 2.3 billion euros, led by business and home loans.
- Total deposits rose 21% year-over-year to 2.32 billion euros, while cost of funding fell to 2.1%.
- Overdue loans declined to 2% from 2.3% a year earlier, with asset impairment costs dropping to 0.4 million euros.

## Questions and answers

### What were Coop Pank's Q3 2026 net profit results?

Coop Pank posted a third-quarter net profit of 9.1 million euros, up 30% from Q3 2025 and up 10% from the previous quarter. Net income rose 22% year-over-year to 23.8 million euros.

### How much did Coop Pank's loan portfolio grow in Q3 2026?

Coop Pank's net loan portfolio grew by 68 million euros in the quarter to 2.3 billion euros, up 14% compared with Q3 2025. Growth was led by business and home loans.

### What was Coop Pank's return on equity in Q3 2026?

Coop Pank recorded a return on equity of 14.6% in the third quarter of 2026, along with a cost-to-income ratio of 52%.