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Bank St Petersburg considers half-year dividend

Bank St Petersburg plans to consider a payout of 50% of first-half 2026 IFRS profit. The accounts were scheduled for August; no dividend approval was announced.

Source publication date:

Bank shareholder reporting
Bank shareholder reporting

Bank St Petersburg intends to consider distributing 50% of its first-half 2026 IFRS net profit as dividends, Interfax reported on 16 July. Chairman Alexander Savelyev announced the intention in the bank's statement. Publication of the first-half IFRS accounts was scheduled for 21 August. The bank ranked thirteenth by assets in the first-quarter Interfax-100 ranking.

Previous dividend timetable

On 20 March 2026, the supervisory board recommended final payments for 2025 of RUB26.23 per ordinary share and RUB0.22 per preference share. Including interim dividends, the annual totals would be RUB42.84 and RUB0.44 respectively, representing 50% of 2025 IFRS profit. The board's timetable specified:

The policy adopted in March 2024 set the targeted payout within a range of 20–50% of net profit.

2025 financial results

The annual results reported on 6 March 2026 showed IFRS net profit of RUB37.8 billion, down 25.5% from 2024. Return on equity was 18.1%. Net interest income increased 10.2% to RUB77.8 billion, while net fee income rose 1.6% to RUB11.8 billion. Operating expenses reached RUB30.4 billion, up 17.2%. The loan portfolio before provisions stood at RUB961.9 billion on 1 January 2026, after annual growth of 28.1%. Customer funds reached RUB888 billion, increasing 24.1%. The bank reported these figures in its preceding annual reporting cycle.

First-quarter domestic accounts

In its 16 April announcement, the bank reported RUB9.6 billion of first-quarter 2026 net profit under Russian accounting standards. Return on equity was 17.8%, and net interest income fell 13% to RUB17.2 billion. Net fee income increased 1.5% to RUB2.8 billion. Loan-provision expenses totalled RUB2.5 billion, with a cost of risk of 1.1%. At 1 April, the loan portfolio before provisions was RUB948 billion, up 1.1% since January. Customer funds increased 2% to RUB891.4 billion. These first-quarter figures used domestic accounting standards, while the proposed half-year dividend referred to IFRS profit.

Bank St Petersburg 2025 IFRS income
Bank St Petersburg 2025 IFRS income

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