“Bank of Valletta Exceeds 2025 Profit Target, Proposes Higher Dividend…”

Bank of Valletta reported a strong financial performance for the year ended 31 December 2025, with Profit Before Tax reaching €260.4 million, surpassing its €250 million guidance.

On the back of these results, the Board has proposed a final dividend of €75.5 million, consisting of a €65.1 million cash dividend and a €10.4 million special dividend linked to performance above target. Subject to shareholder approval, total dividends for 2025 are expected to reach €130.5 million gross.

The bank continued to strengthen its balance sheet, with total assets exceeding €16.5 billion, supported by solid growth in customer deposits and lending activity. Capital and liquidity positions remained robust, with ratios comfortably above regulatory requirements.

While net interest income remained broadly stable, fee and commission income showed healthy growth, reflecting ongoing efforts to diversify revenue streams. Operating costs increased due to continued investment in technology, cybersecurity, and human resources, though efficiency levels remained in line with industry benchmarks.

Asset quality improved further, with lower non-performing exposures and a consistently low cost of risk.

BOV’s share price performed strongly throughout the year, supported by positive investor sentiment and improved market confidence.

Looking ahead, the bank expects Profit Before Tax in 2026 to range between €210 million and €250 million. It also plans to issue a €300 million senior preferred instrument as part of its funding strategy, while continuing to focus on digital transformation and long-term growth initiatives.

RS2 – First Consumer Payment Product Launched

RS2 p.l.c. announced it has launched its first consumer payment solution through its regulated German subsidiary, RS2 Financial Services, introducing the Visa IceTigers Deferred Debit Card alongside a dedicated mobile application.

The launch follows RS2’s recent approval as a principal issuer for Visa and Mastercard in Europe, allowing the group to issue and manage card programmes directly via its Beyond by RS2 platform.

Previously focused on payments technology and processing for financial institutions and merchants, RS2 is now expanding into consumer-facing programme delivery. The new offering combines card issuing, regulatory oversight, programme management, digital wallet enablement, and fraud and compliance services within a single integrated solution.

The co-branded deferred debit card is linked to SEPA-enabled bank accounts and is expected to generate revenues through programme fees, transaction volumes, and additional services. RS2 plans to broaden its pipeline of co-branded initiatives across sports, retail, and digital platforms, with multiple sports organisations already in discussions.

Looking ahead, RS2 plans to expand its pipeline of co-branded programmes across sports, retail, and digital platforms, with several sports clubs already engaged in discussions with the company.

FIMBank Remains Profitable in 2025 Amid Challenging Conditions

FIMBank Group reported a net profit of €157,670 ($181,378) for the financial year ended 2025, representing a modest improvement over the €135,887 ($149,989) recorded in the previous year.

Profit before tax from continuing operations amounted to €1.91 million ($2.2 million), down from €3.9 million ($4.5 million) in 2024. The prior-year figures were restated following the Group’s decision to classify its Egypt Factors subsidiary as a discontinued operation, in line with its strategy to refocus on core activities and optimise capital and operational resources.

Chairman John Grech noted that while the results remain modest in absolute terms, they underscore the Group’s resilience and ability to maintain profitability amid a challenging operating environment.

Net interest income increased by 2.2% to €39.7 million ($45.8 million), as a 16.9% decline in interest income was largely offset by a corresponding reduction in interest expense.

The Group also reported a €3.2 million ($3.7 million) loss from non-interest activities, primarily reflecting a €5 million ($5.8 million) downward revaluation of its Sustainable Investment Fund. Commenting on this, Chief Executive Officer Simon Lay said that while the investment is non-core, the valuation adjustment had a material impact on the Group’s reported financial performance.

Malta Company Announcements:

Lombard Bank Malta plc

Lombard Bank Malta p.l.c. announces that its Board of Directors is scheduled to meet on 24 April 2026 to:

(i) approve the Group’s and the Bank’s final audited financial statements for the year ended 31 December 2025; and
(ii) consider the declaration of a final dividend to be recommended to the Bank’s forthcoming Annual General Meeting.

Malta International Airport plc

Malta International Airport plc announces that its Board of Directors is scheduled to convene on Wednesday, 25 February 2026, to review and approve the Company’s financial statements for the year ended 31 December 2025.

During the same meeting, the Board will also consider the declaration of a dividend to shareholders.

‘Disclaimer: The information provided on this website is being provided solely for educational and informational purposes and should not be construed as investment advice, advice concerning particular investments or investment decisions, or tax or legal advice. Similarly, any views or opinions expressed on this website are not intended and should not be construed as being investment, tax or legal advice or recommendations. Investment advice should always be based on the particular circumstances of the person to whom it is directed, which circumstances have not been taken into consideration by the persons expressing the views or opinions appearing on this website. Timberland Finance has not verified and consequently neither warrants the accuracy nor the veracity of any information, views, or opinions appearing on this website. You should always take professional investment advice in connection with, or independently research and verify, any information that you find or views or opinions which you read on our website and wish to rely upon, whether for the purpose of making an investment decision or otherwise. All investments carry risks. Your investments may go up as they may go down, including the possible loss of capital. Past performance is not indicative of future results. Timberland Finance does not accept liability for losses suffered by persons as a result of information, views, or opinions appearing on this website. This website is owned and operated by Timberland Invest Ltd. Timberland Invest Ltd. is licensed to conduct investment services business under the Investments Services Act by the MFSA and is also registered as a Tied Insurance Intermediary under the Insurance Distribution Act. ’