Multitude AG reports nine-month net profit up 59% to €20.3 million
Multitude AG reported a 59% increase in net profit to €20.3 million for the first nine months of 2025, compared to €12.8 million in the same period of 2024. Sales rose by 1% to €195.9 million, while interest income fell by 3.8% to €186.6 million. Fee and commission income surged to €7.9 million from €0.1 million. The company attributed its positive performance to lower impairments on customer receivables and structural optimizations across its banking segments.
Multitude AG reported sales of EUR 195.9 million for the first nine months of 2025, a 1.0% increase compared to EUR 193.9 million in the same period of 2024. Interest income declined by 3.8% to EUR 186.6 million, while net interest income decreased by 6.4% to EUR 153.3 million. Fee and commission income rose sharply to EUR 7.9 million from EUR 0.1 million. The period result increased by 59.3% to EUR 20.3 million, compared to EUR 12.8 million in the previous year. The company noted continued positive business development across its Consumer Banking, SME Banking, and Wholesale Banking segments, driven by lower impairments on customer receivables, higher fee and commission income, and structural optimizations. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Multitude AG published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW1001138543-de) on November 13, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT)
