Russia's VTB says Jan-Nov net profit down 3.3%, maintains 2025 profit forecast
ReutersDec 26, 2025 9:00 AM
MOSCOW, Dec 26 (Reuters) - Russia's second largest bank VTB VTBR.MM said on Friday its net profit for 11 months of the year fell by 3.3% year-on-year to 437.2 billion roubles ($5.61 billion), and it was on track to meet the full-year profit target of about 500 billion roubles.
"We targeted 500 billion roubles of net profit for the year and we are maintaining this target," said First Deputy CEO Dmitry Pyanov. In 2024, VTB reported net profit of 550 billion roubles.
($1 = 77.9000 roubles)
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