On Thursday 5 February 2026, BGL BNP Paribas has published its fourth-quarter and full-year 2025 results, reporting a very strong performance of its Commercial & Personal Banking activities in Luxembourg.
Revenues for the fourth quarter of 2025 reached €183 million, representing an increase of 11.8% year-on-year, driven by growth in deposits and higher net interest income, according to BGL BNP Paribas.
Net interest income increased strongly in the fourth quarter of 2025, driven by sustained volumes across all segments and the reinvestment of non-remunerated sight deposits. Fees declined slightly over the period due to a non-recurring impact, while financial fees rose.
At €81 million, operating expenses rose by 6.0% year-on-year, mainly due to inflation and specific projects. The jaws effect remained positive, at +5.8 points.
Gross operating income reached €101 million in the fourth quarter, representing a strong increase of 16.9% compared to the same period of 2024, while the cost of risk stood at 24 basis points of outstanding customer loans.
As a result, after allocating one-third of Private Banking’s net income to the Wealth Management business (Investment & Protection Services division), pre-tax income rose sharply to €91 million, up 15.4% year-on-year.
