Financial indicators of MTS Bank

Main article about the bank: MTS Bank

2025

Net profit growth by 16.7% to RUB 14.4 billion

At the end of 2025, MTS Bank recorded a net profit of 14.4 billion rubles, which is 16.7% higher than the previous year. This follows from the consolidated financial statements of the bank published on March 3, 2026.

Net interest income after the formation of reserves for 2025 doubled, reaching 21.2 billion rubles. In the fourth quarter of 2025, this figure amounted to 8.3 billion rubles, showing an increase of 7.2 times compared to the same period in 2024. Operating income before the creation of reserves for the year decreased by 4.2% - to 67.0 billion rubles, but in October-December it was recorded by 21.5% (to 19.7 billion rubles).

Chairman of the Board of MTS Bank Eduard Issopov linked the positive dynamics with the transformation of the business model implemented within the framework of the medium-term strategy. "The growth of the bank's active customer base amounted to 33% year-on-year, which is a record figure over the past few years and demonstrates the effectiveness of our chosen strategy," he commented. Issopov also noted an increase in sales of fintech products due to the integration of financial services into the MTS mobile application, including payment and cross-border services, as well as the flagship MTS Money debit card.

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Фото: Gleb Shchelkunov/Kommersant

According to reports, the cost of risk (COR) for 2025 decreased by 1.4 percentage points - to 6.1%. The return on capital (ROE) excluding subordinated debt for the year amounted to 14.5%, while in the fourth quarter the indicator reached 19.0%. The share of non-performing loans (NPL 90 +) increased by 1.6 pp for the year, amounting to 10.6%.

The volume of customer funds increased by 36.1% - to 489.5 billion rubles. The bank's capital less subordinated instruments reached 106.8 billion rubles. Capital adequacy ratios are at the following levels: N1.1 - 8.7%, N1.2 - 10.9%, N1.0 - 12.1%.

After the reporting date, MTS Bank completed a number of asset consolidation transactions. On January 13, 2026, it was announced that it had acquired a 100% stake in RNKB Insurance LLC, and on January 22, it completed the purchase of a 99.9% stake in EKSI-Bank JSC. In addition, on February 16, 2026, the procedure for joining Bank Orange LLC to the subsidiary EKSI-Bank was launched, the completion of which is expected in the second quarter of 2026.

Rating agencies confirmed the estimates of MTS Bank: ACRA retained the rating at the A (RU) level with a stable forecast, NKR raised the forecast to "positive," confirming the A.ru rating, and Expert RA left the rating at the ruA level with a stable forecast^[1]

Net profit growth by 50% to 16.6 billion rubles

At the end of 2025, MTS Bank received 16.59 billion rubles of net profit. This is one and a half times (by 50%) more than in the previous year, when the figure was 11.04 billion rubles. Such data are reflected in the financial statements on the Central Bank website, which TAdviser got acquainted with in mid-February 2026.

Interest income on an annualized basis rose from 74.4 billion rubles to 122.25 billion rubles, commission income - from 14.25 billion rubles to 16.65 billion rubles. Revenues from the restoration (reduction) of reserves for possible losses amounted to 23.98 billion rubles against 19.78 billion rubles in 2024.

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Фото: Evgeny Razumny/Kommersant

The credit institution associates a significant improvement in financial indicators with a successful transformation of its activities. MTS Bank says that the institution has turned from a credit monoliner "into a multidisciplinary fintech with a diversified asset structure, where a debit card plays a central role in attracting new active customers." The Bank was able to strengthen the development of a number of promising areas, including corporate and investment business.

Interest expenses of MTS Bank in 2025 amounted to 86.05 billion rubles, while a year earlier they amounted to 49.19 billion rubles. Expenses on the formation of reserves for possible losses on an annualized basis increased from 49.16 billion rubles to 56.2 billion rubles. Adjustments that increase interest expenses for the difference between estimated reserves for expected credit losses and reserves for possible losses - 24.08 billion rubles against 31.24 billion rubles a year earlier.

The credit rating agency Expert RA has confirmed the credit rating of MTS Bank at ruA, the forecast for the rating is stable. The Agency takes into account the high probability of providing the bank with support from the parent financial and industrial group if necessary.^[2]

2024:1% reduction in net profit to RUB 12.4 billion

At the end of 2024, the net profit of MTS Bank decreased by 1% - to 12.4 billion rubles. At the same time, adjusted net profit increased by 26.6%, reaching 15.8 billion rubles. Such data are reflected in the financial report published on March 5, 2025.

Net interest income of MTS Bank in 2024 amounted to 41.6 billion rubles. This is 15.8% more compared to 2023, when the result of 35.9 billion rubles was recorded. Net interest margin decreased to 8% against 9.2% a year earlier, which is associated with an increase in the cost of funding from 6.6% to 11.7% amid tightening of the monetary policy of the Bank of Russia.

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Фото: Freepik

In 2024, MTS Bank's loan portfolio increased by 10.9% after deducting reserves, reaching 385.8 billion rubles. In particular, total loans to individuals, which account for almost 90% of the bank's total loans, increased by 12.1% - to 336.5 billion rubles. The size of non-earmarked loans rose by 17.3%, reaching 180.1 billion rubles. The volume of loans to legal entities increased by 3.7% on an annualized basis - up to 49.3 billion rubles.

The total amount of customer funds in 2024 increased by 8.3% - to 359.6 billion rubles. Individuals accounted for 62.6%, or 225.2 billion rubles, which is 13.4% higher than in 2023. MTS-Bank increased the share of current accounts in the structure of funds of individuals - from 14.9% to 19.1%, while their volume increased 1.5 times and amounted to 43 billion rubles. The funds of legal entities remained at the level of 2023 - 134.4 billion rubles. The share of current accounts in their volume is 17.6%.

The report also said that the bank's capital in 2024 increased by 47.4%, amounting to 112.4 billion rubles. Capital minus subordinated bonds reached 92.9 billion rubles, which is 30.4% more than in 2023.^[3]

2023: Profit record - 12.46 billion rubles

In 2023, the net profit of MTS Bank amounted to 12.46 billion rubles, which is 3.8 times more than the profit a year ago in 3.29 billion rubles. The revenue of the credit institution during this time rose from 67.24 billion to 91.14 billion rubles. The MTS group published its reports at the end of March 2024.

From the published documents it follows that the portfolio of loans to individuals from MTS Bank by the end of 2023 amounted to 339.1 billion rubles, having increased by a third compared to the previous year. In MTS, the bank's record results were associated with high dynamics of portfolio growth, diversification of income sources and strong performance indicators. By the end of 2023, MTS Bank had 3.83 million customers against 3.54 million people a year earlier.

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Фото: MTC Bank

As part of its strategy, MTS Fintech strives to continue active growth, remaining one of the key drivers of the ecosystem and creating the best digital services in the retail financial services market. At the same time, we are developing the bank as an independent and investment attractive business that meets the best corporate governance practices, "said Vyacheslav Nikolaev, President and Chairman of the Board of MTS Group.

MTS Bank is responsible for the fintech direction in the MTS ecosystem. In 2023, MTS Bank recorded an OIBDA indicator (operating income before depreciation of fixed assets and intangible assets) in the amount of 16.87 billion rubles against 6.31 billion rubles in 2023. The main revenues of the bank fall on the Russian market: there in 2023 the revenue of the financial institution reached 90.54 billion rubles against 66.39 billion rubles a year earlier. The number of users of the bank's mobile application for the year increased from 2.05 million to 2.15 million people. By the end of 2023, MTS Bank ranked 24th in terms of assets among Russian banks.

MTS Report 2023

2022: Revenue growth by 38% to RUB 67.14 billion

At the end of 2022, MTS Bank raised 67.14 billion rubles, which is 38% more than a year earlier. At the same time, the net profit of the credit institution in comparison with the same periods decreased by 37% and amounted to 3.15 billion rubles. Such data are contained in the reports of the MTS group, which were published in early March 2023.

According to Interfax, citing MTS materials, the number of MTS Bank customers in 2022 increased by 19.4% to 3.5 million people. It also follows from the document that MTS revenue from financial services (this also includes revenues from mobile commerce, investments, factoring and a credit broker) in 2022 reached 68 billion rubles, an increase of 40.4% on an annualized basis.

In its reporting, MTS calls its digital bank dynamically developing and notes that its strategic focus is on the retail lending segment and everyday banking services. By the end of 2022, the number of active users of payment and digital services of MTS Bank amounted to almost 12 million, including 3.5 million bank customers. The share of sales of basic products (consumer loans and credit cards) through digital channels exceeded 80%. In 2022, MTS Bank's retail loan portfolio grew by 23%, which, as noted in MTS, is higher than the dynamics of the market as a whole (+ 11%) and the indicators of the top 10 banks (+ 6%). In 2021, growth rates were measured at 62%, 22% and 23%, respectively. The total loan portfolio of individuals from MTS-Bank at the end of 2022 amounted to 255.77 billion rubles against 205.61 billion rubles a year earlier.

The income of MTS Bank from the provision of services to individuals in Russia in 2022 amounted to 58.17 billion rubles against 60.44 billion rubles in 2021. In the corporate segment, revenue rose from 7.03 billion to 8.23 billion rubles.^[4]

2019

Net profit under IFRS tripled to RUB 1.82 billion

On April 6, 2020 TAdviser , it became known about the results of work for 2019 MTS"-" Bank based on international financial reporting standards (). IFRS MTS Bank's net profit amounted to 1.82 billion for rubles 2019, which is three times higher than the same indicator last year (614 million rubles for 2018).

The bank's net interest income before the formation of reserves for the reporting period increased by 20.4% and amounted to 7.57 billion rubles. Net commission income increased by 178% compared to 2018 and amounted to 5.6 billion rubles. Operating income - by 28.5% and amounted to 13.6 billion rubles. Customer funds increased from the beginning of the year by 10.6% to 129 billion rubles.

The largest influence on the formation of the financial result for 2019 was exerted by crediting individuals and legal entities, operations with securities, and other services to customers.

In March 2019, the Expert RA rating agency raised MTS Bank's credit rating to ruBBB + and established a "stable" outlook. In August 2019, the international rating agency Fitch Ratings confirmed to MTS Bank the long-term issuer default rating at "BB-," the forecast for the rating is "stable."

RAS net profit growth by 67%

On January 30, 2020 TASS , it reported that net profit MTS Bank under RAS (according to preliminary to data accounting for events after the reporting date) increased by 67% and amounted to 2.3 billion. rubles

According to the statements, the bank's retail loan portfolio grew by 67% and amounted to 91.3 billion rubles, the total loan portfolio increased by 36% compared to 2018 - to 124 billion rubles. At the same time, the share of non-performing loans (NPL) of the retail business decreased to 7.2% against 11.4% in 2018.

It is noted that the operating income of the credit institution in annual terms increased by 20%, net interest income - by 27%.

We have done a great job of developing the level of customer service, introducing banking technologies, as well as deep penetration into the MTS digital ecosystem. Every fourth loan was issued by the bank in 2019 thanks to Big Data MTS. Cash loan sales tripled, the retail loan portfolio almost doubled compared to 2018, the risks of loan non-repayment significantly decreased - a third lower compared to when MTS Bank used only its own data, commented on preliminary financial results of MTS Bank Board Ilya Filatov

It is reported that the final financial statements for 2019 under RAS will be presented by the bank in April 2020^[5] of^[6]

41st place among Russian banks in terms of assets - 198.8 billion rubles

MTS Bank ranks 41st among Russian banks in terms of assets. As of December 1, 2019, its assets amounted to 198.8 billion rubles, capital - 32.2 billion rubles.

Regulatory issues N1.1

In September 2019, MTS Bank experienced problems with standards for the second month in a row. The bank's N1.1 ratio was less than 7%. 

His condition is largely a barometer of the business of the main shareholder Vladimir Yevtushenkov. If the bank is bad, then Yevtushenkov has difficulties with money - most of the bank's portfolio is loans to Yevtushenkov's companies.

In 2018, MTS Bank was repeatedly included in the selection of banks that do not comply with the requirements for capital allowances.

2018: Net profit 614 million rubles

• Net profit of MTS-Bank PJSC in 2018 amounted to 614 million rubles according to the consolidated financial statements under IFRS, which is 24 times higher than the same indicator in 2017 (25 million rubles).
• The Bank's net interest income before provisions grew by 27%, net fee and commission income increased by 46%, and operating income increased by 37%.
• Banking operations such as lending to legal entities and individuals, securities transactions, operations in the interbank market and the provision of services to clients had the greatest impact on the formation of the financial result for 2018. In 2018, MTS Bank continued to pursue a policy aimed at improving the quality of the loan portfolio, on the one hand, by improving the quality of new loans, on the other hand, − increasing the efficiency of collection.

• Net interest income of the Bank for the reporting period amounted to 7.4 billion rubles. Net non-interest income grew to 3.2 billion rubles, which is 386% higher than in 2017. Operating expenses of the bank increased by 28% compared to the same period last year and amounted to 9.5 billion rubles. Over the 12 months, the Bank's assets grew by 6.2%, reaching 151.3 billion rubles. Customer funds increased from the beginning of the year by 1.7% to 116.7 billion rubles.

• The bank's retail loan portfolio increased by 35.3% to 55.2 billion rubles, the loan portfolio grew by 11% to 92.8 billion rubles, net profit amounted to 1.4 billion rubles.

• In 2018, the bank demonstrated an increase in operating and financial indicators, strengthening its position in the market: net interest income grew by 40% to 8.4 billion rubles, operating income increased by 32% and amounted to 15.3 billion rubles.

• The bank's net income increased to 13.8 billion rubles from 10.3 billion rubles, at the same time, operating expenses increased by 49% to 11.9 billion rubles from 8 billion in connection with investments in strategic projects, such as reorganizing the IT infrastructure, creating unique converged fintech products within the framework of synergy with the parent telecommunications company MTS, deployment of a project for biometric identification of customers, launch of a digital offer for the small business segment.

2011: 8.6% decrease in revenue

• Bank's revenue MTS for the full year 2011 decreased by 8.6% due to lower interest rates on loans and weakening of the exchange rate ruble against the dollar. USA MTS-Bank's OIBDA decreased due to recognition of loss from securities revaluation and increase of loan provisions due to loan portfolio growth and reserve policy revision in 2011.

Since 2010, MTS-Bank's loan portfolio, excluding leasing, has increased by 3.6% to US $5,004 million as of December 31, 2011.

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