Grupo Crédito Agrícola announced in a statement this Friday, 21st, that it recorded a consolidated net profit of 241.6 million euros in the first nine months of 2025, which represents a year-on-year decrease of 105.5 million euros (-30.4%). The return on equity stood at 10.9% in the period.
The core banking product was 686.6 million euros, 91.3 million euros less compared to the same period in 2024 (-11.7%). The financial margin fell by 99.3 million euros (-16.8%), to 493.5 million euros, partially offset by rising net commissions (+6.1 million euros or +5.4%) and gains from insurance contracts (+1.9 million euros or +2.6%).
Customer deposits increased to 23,174 million euros in September 2025, a growth of 5.2% since December 2024, and the group’s market share stood at 8.2%. The gross credit portfolio rose 6.7% to 13,597 million euros, with the credit market share rising to 6.1%.
Portfolio quality continued to improve: the gross NPL ratio fell to 4.2% in September 2025 (it was 4.6% in December 2024 and 6.1% in September 2024). In prudential ratios, CET1 and total own funds amounted to 23.4% in accordance with CRD IV/CRR3, the leverage ratio stood at 10.1%, the LCR at 368.4% and the NSFR at 174.8%, levels comfortably above regulatory requirements. The group achieved a MREL TREA + CBR ratio of 28.70%, above the minimum requirement of 25.24% for 2024.
In terms of debt, Crédito Agrícola exercised on November 5, 2025 the early repayment of preferred senior bonds linked to social sustainability, in the remaining amount of 96.8 million euros, after a repurchase of 203.2 million euros and an issuance of 300 million euros in 2025.
Regarding these results, Sérgio Raposo Frade, president of Grupo Crédito Agrícola, states, cited in a statement, that “in the first nine months of 2025, in a challenging context and a material reduction in interest rates, the Group maintained sustainable growth, consolidated its market shares and achieved accumulated net results of 241.6 million euros and a return on equity of 10.9%”.
Frade also added that “the solvency and liquidity ratios confirm a very comfortable margin in view of prudential requirements and supervisory guidelines”.