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EDITOR-IN-CHIEF Paulo Coutinho
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Home›Business›BNU reports 29% drop in net profit for first nine months
Finance

BNU reports 29% drop in net profit for first nine months

By -
Friday, November 14, 2025
142
0

Banco Nacional Ultramarino (BNU) reported a 29% decline in net profit for the first nine months of 2025, with unaudited figures showing earnings of MOP315.3 million between January and September.

This represents a decrease of MOP128.9 million compared with the same period in 2024.

The bank attributed the drop primarily to changes in interest rates, which led to a 16.2% fall in net interest income to MOP631.3 million. Despite the decline, BNU emphasized that the quality of its assets remains strong, supported by conservative lending practices and a robust provision margin.

Net fee income partially offset the pressure on earnings, rising 3.8% to MOP68.9 million, up MOP2.5 million year-on-year. Operational costs increased 3.4% to MOP323.9 million over the same period.

BNU also reported continued growth in lending activity, with total credit extended reaching MOP26.21 billion, a 3.6% increase from the previous year. LV

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DAILY EDITION

Tuesday, October 13, 2026 – edition no. 5053
Tuesday, October 13, 2026 – edition no. 5053

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