- Attributable net profit of €1.6 billion, up sharply 31.2% vs. 2024 ;
- Growth in NBI*$ to €7.7 billion (+2.7% year-on-year), driven by strong growth in NIM (+24.4%) and solid performance in life insurance;
- Operating expenses*$ under control at €4.8 billion (+0.2% vs. 2024) thanks to operational efficiency gains creating a positive jaw effect (+2.5 points);
- The cost-income ratio*$ stood at 62.8%, down 1.6 points year-on-year;
- Efficiently managed risk profile with a cost of risk1 of €250 million, or 12 basis points (+1 bp);
- RONE at 11.5%, up 2.5 points vs. 2024*$.
Restated 2024 data (see Note on methodology; Note on Alternative Performance Measures).
Restated 2024 data (see Note on methodology; Note on Alternative Performance Measures).
Restated 2024 data (see Note on methodology; Note on Alternative Performance Measures).
RONE = Attributable net profit/Average risk-weighted assets capitalised at 14%.
Financial structure
- High solvency position with a CET1 ratio of 18.6%;
- Robust liquidity position with LCR ratios at 165% and NSFR at 118%;
- CNP Assurances Group’s SCR coverage ratio was 256% at the end of 2025.
2025 success in line with the transformation plan
- Increase in sales to retail customers at post offices (+10%) and online (+16%);
- Record gross insurance premiums within the LBP network, totalling €12.5 billion;
- Record loan originations to the Public Sector and Social Economy (PSSE) at €13.8
- billion;
- New international partnerships established by CNP Assurances (Brazil and Italy).
Non-financial performance
- Increase in the share of sustainable financing*$ (+1 point*$ compared to 2024) to reach 34% of total originations;
- 79% of banking activities covered by the Impact Weighting Factor;
- Net exposure to fossil fuels was marginal at 0.005%*$.
In total new medium- and long-term originations to retail customers, corporates and institutions in support of the energy transition and social and regional projects.
The classification of consumer finance sustainable loans was subject to a methodological change in early 2025.
At end-June; Proportion of financing and investment in the “Corporates” portfolio in the coal, oil and gas sectors, excluding companies with a transition plan and/or renewable energy projects. The net exposure on 30 June 2025 was €1.4 million.
In 2025, La Banque Postale recorded very strong growth in its results, driven both by the recovery of its banking activities and the robust performance of its insurance business lines, in a macroeconomic environment that remained challenging.
Our transformation plan launched at the end of 2023 is bearing fruit and marking a return to balance in banking activities, thanks to strengthened synergies with the postal network and CNP Assurances, and streamlined management of loan originations. Our control over expenses in 2025, combined with a contained risk profile, demonstrates the quality of operational management. La Banque Postale thus benefited from a positive jaw effect, with a significant improvement in its cost-income ratio. Our capital and liquidity ratios, which consistently exceed regulatory requirements, illustrate the Group’s structural strength.
Stéphane Dedeyan, Chairman of the Executive Board