FIMBank Group posted a modest net profit of €157,670 ($181,378) for the financial year ending 2025, compared with €135,887 ($149,989) the previous year.

The Malta-based banking group also reported a pre-tax profit of €1.91 million ($2.2 million) from continuing operations, compared with €3.9 million ($4.5 million) in 2024.

The 2024 numbers were restated from FimBank’s financial statements for that year to reflect its classification of its Egypt Factors subsidiary business as a discontinued operation, in line with a strategic decision to focus on core business and release capital and operational resources.

FIMBank chairman John Grech said that while the results are “modest” in absolute terms, the result reflects the Group’s ability to remain profitable in a challenging operating landscape.

Net interest income increased by 2.2 per cent to €39.7 ($45.8 million), as the 16.9 per cent decline in interest income was offset by a similar drop in interest expense.

FIMBank also reported a loss of €3.2 million ($3.7 million) from its non-interest activities, which was largely driven by a €5 million ($5.8 million) downward revaluation of its Sustainable Investment Fund.

“While this investment is not part of our core business, the valuation drop had a material effect on the Group’s reported results,” FIMBank CEO Simon Lay remarked.