Finance

Russia's VTB reports 0.6% growth in Jan-Oct net profit

Published by Global Banking & Finance Review

Posted on December 8, 2025

1 min read

· Last updated: January 20, 2026

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Russia's VTB reports 0.6% growth in Jan-Oct net profit
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MOSCOW (Reuters) -Russia's second-largest lender VTB on Friday reported a 0.6% year-on-year increase in net profit for January-October 2025, to 407.2 billion roubles ($5.20 billion). In October, VTB's

VTB Sees 0.6% Growth in Net Profit from January to October 2025

MOSCOW (Reuters) -Russia's second-largest lender VTB on Friday reported a 0.6% year-on-year increase in net profit for January-October 2025, to 407.2 billion roubles ($5.20 billion).

In October, VTB's net profit fell by 11.1% from a year earlier to 26.4 billion roubles.

($1 = 78.2455 roubles)

(Reporting by Oksana Kobzeva)

Key Takeaways

  • VTB's net profit increased by 0.6% year-on-year.
  • The profit for January-October 2025 was 407.2 billion roubles.
  • October's net profit fell by 11.1% compared to last year.
  • VTB is Russia's second-largest lender.
  • The exchange rate was $1 = 78.2455 roubles.

Frequently Asked Questions

What is net profit?
Net profit is the amount of money a company earns after all expenses, taxes, and costs have been deducted from total revenue. It is an important indicator of a company's profitability.
What are corporate profits?
Corporate profits refer to the earnings of a corporation after all expenses have been deducted from total revenue. It is a key measure of a company's financial performance.
What is a financial report?
A financial report is a formal record of the financial activities and position of a business, organization, or individual, typically including balance sheets, income statements, and cash flow statements.
What is a currency exchange rate?
A currency exchange rate is the value of one currency for the purpose of conversion to another. It fluctuates based on market conditions and economic factors.

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