PRESS RELEASE
OCT 31, 2025
Instabank ASA reports a record profit before tax of NOK 40.5 million in the third quarter of 2025 — an increase of 11.6 MNOK from the previous quarter. The result marks the bank’s strongest quarter to date, driven by solid lending growth, strong cost control, and consistent profitability across segments.
Gross lending expanded by 368 MNOK, the second consecutive quarter of record growth. Total lending reached 8.2 billion NOK, supported by strong performance in both business lending and the German credit card portfolio.
Business lending rose to 858 MNOK, now accounting for 10% of total lending with an attractive 17.7% yield, confirming the strength of Instabank’s B2B strategy. The German credit card portfolio continued its rapid growth, further fuelled by AI-driven customer service, and fully digital onboarding – a milestone in scaling the bank’s European operations.
After the end of the quarter, Instabank successfully completed a private placement raising NOK 186.6 million, securing capital for continued growth across its Nordic and European markets.
The bank also made significant progress in its strategic transition toward Finland, where the ongoing banking license application marks a decisive step in establishing a pan-Nordic platform under EU regulation. The merger of Instabank ASA into Instabank Finland is expected to be completed following approval by the Finnish Financial Supervisory Authority in the first half of 2026.
With record profitability and strengthened capital, Instabank is ready to accelerate its European journey — turning technology into a lasting competitive edge The bank now targets total lending growth of 1.8–2.0 billion NOK for 2025 and expects annual profit after tax of around NOK 117–120 million, depending on market conditions and new loan origination pace.
Robert Berg, CEO states: “Q3 marks another strong step forward for Instabank. We continue to combine profitable growth with disciplined execution, proving that technology and simplicity win in a complex banking landscape.
Our expansion in Germany demonstrates the scalability of our digital model, while the upcoming transition to Finland marks the foundation for a fully EU-regulated banking platform — enabling Instabank to compete across Europe with unmatched agility. The strength of our results — and the trust from our investors in the recent capital raise — give us both momentum and flexibility to accelerate growth in 2026.
We’re proving that Nordic banking can scale — profitably, digitally, and across borders. Instabank isn’t just growing; we’re redefining what a digital bank can be in Europe.”
Related links: Instabank_Interim_Report_Q3-25
About Instabank ASA: Instabank ASA is the Nordic challenger bank for both business and individual customers. We believe in challenging established norms and providing flexible solutions where others create complexity. Instabank operates in Norway, Finland, and Sweden, offering competitive savings, insurance, credit cards, home loans, and unsecured loan products to consumers and small and medium-sized businesses. Instabank also provides deposits in Germany through a partnership with Raisin Bank.
Instabank is a proud sponsor of the Norwegian Athletics Federation and is listed on Euronext Growth on the Oslo Stock Exchange under the ticker INSTA.
