Oldenburgische Lbk 0.05%: On Track with Strong Nine-Month Results

• OLB's result before taxes increased by 6.6% to EUR 271.8 million as of September 30, 2025, with operating income growing by 14.8% to EUR 309.8 million.
• The bank's loan volume rose to EUR 25.9 billion, with a significant portion attributed to private mortgage loans, which reached EUR 11.0 billion.
• Customer deposits increased to EUR 22.6 billion, and OLB successfully issued a second residential mortgage-backed securities bond worth EUR 500 million.
• Net interest income rose to EUR 481.0 million, while operating expenses decreased by 10.1% to EUR 247.3 million, improving the cost-income ratio to 44.4%.
• Conservative risk management led to lower risk provisions for loan business at EUR 34.7 million, down from EUR 48.7 million the previous year.
• OLB is preparing for a transition to TARGO Deutschland GmbH, with the sale pending approval from supervisory authorities.