OLB Reports Strong First Half of 2025

Oldenburgische Landesbank AG (OLB) announced positive financial results for the first half of 2025. The bank achieved a pretax profit of EUR 191.2 million, up from EUR 185.0 million the previous year. OLB's operating profit increased notably to EUR 211.2 million, underpinned by a rise in loan volume to EUR 26.1 billion and stable customer deposits at EUR 22.3 billion.

The bank focused on effective cost management, recording operating expenses of EUR 168.8 million. Despite the challenging economic environment, risk provisions were lower than expected. The final result after taxes stood at EUR 132.8 million, impacted by prior year one-off effects.

OLB's capital and liquidity positions remain robust, with a Common Equity Tier 1 ratio of 14.1%. It also prepared for a transition to new ownership under TARGO Deutschland GmbH, pending regulatory approval.