Lombard Bank loans top €1 billion as first-half group profit reaches €11.5 million

Lending grows 8%

Lombard Bank Malta plc reported a group profit before tax of €11.5 million for the first six months of 2026, down from €12.9 million in the same period last year.

At bank level, however, profit before tax increased to €10.1 million, compared with €9.5 million a year earlier.

Customer loans surpass €1 billion

Loans and advances to customers rose by 8% to approximately €1.003 billion, up from €929.1 million at the end of 2025.

Customer deposits also increased, rising by 3% to €1.242 billion. This brought the bank’s loan-to-deposit ratio to 82.9%.

Total group assets stood at approximately €1.56 billion at the end of the reporting period.

Capital levels remain above regulatory requirements

Lombard reported a Total Capital Ratio of 18.0%, compared with 19.9% previously. Despite the decline, the bank said its capital position remained above the applicable regulatory minimum.

The bank is also continuing its digital transformation programme, including the implementation of a new core banking platform.

For investors, the results highlight continued growth in lending and deposits, while consolidated pre-tax profit declined from the previous year. The lower capital ratio also remains an important measure to monitor, although it continues to exceed regulatory requirements.

Disclaimer: Interim reports may reflect only the issuing company and may not include the financial performance of its group companies.