Oschadbank Reports UAH 3.4 Billion Profit for the First Seven Months of 2026

Oschadbank reported a net profit of UAH 3.4 billion for January to July 2026, with operating income increasing by 10.5% to UAH 24.2 billion. The increase in reserves due to military risks and rising corporate income tax expenses put pressure on financial results. The main source of income growth remained interest income, with net interest income rising by 12.5% to UAH 19.5 billion. Total interest income grew by 15.6% to UAH 35.3 billion, with business lending income increasing by 10.7%, household income by 30%, and income from securities operations by 16.1%. Fee income rose by 13.2% to UAH 9.1 billion. Operating profit amounted to UAH 9.8 billion, which is 8.5% lower than the same period in 2025. The decline in profit is associated with the formation of reserves of UAH 2.3 billion due to increased credit risks and a 78.6% rise in tax expenses to UAH 4.2 billion. More than 90% of the change in net profit is related to reserves and taxes, while income from core activities continued to grow.

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