Multitude AG Reports 59% Rise in Nine-Month Profit for 2025

Reuters
2025.11.13 06:00
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Multitude AG, a European FinTech firm, reported a 59.3% profit increase for the first nine months of 2025, reaching EUR 20.3 million compared to EUR 12.8 million in 2024. Group revenue was stable at EUR 195.9 million, with a slight 1.0% increase. Net interest income fell by 6.4% to EUR 153.3 million, while net fee and commission income surged to EUR 7.9 million. The Wholesale Banking unit's revenue rose by 82.2% to EUR 15.8 million, and EBT increased from EUR 0.3 million to EUR 1.8 million. The company noted improvements in asset quality and risk management strategies.