Slovenia’s largest banking group, NLB, announced on April 11 that it plans to distribute €257mn in dividends in 2025, following a record-breaking performance in 2024.

The payout, representing 50% of last year’s profit, reflects the bank’s continued commitment to rewarding shareholders while maintaining capital strength.

In a statement to the Ljubljana stock exchange, NLB confirmed that its 2024 net income after tax reached €515mn, laying the groundwork for future strategic growth. The bank had already doubled its dividend payout for 2024 to €220mn, corresponding to 40% of its 2023 profit.

“Importantly, we retained 50% of our 2024 profit to strengthen our capital position, while setting aside €257mn for distribution next year,” the bank said.

It plans to recommend that the dividend be paid in two tranches in 2025, mirroring previous years, with the first tranche expected to be proposed at the June general meeting—provided no major mergers or acquisitions are in motion at the time.

NLB's key achievements in 2024 included the completion of its acquisition of the SLS Group, which bolsters its presence in a leasing market segment and facilitates its return to Croatia after three decades.

In addition to its financial performance, NLB highlighted progress on its environmental, social and governance (ESG) agenda. The bank reported a significant improvement in its ESG Risk Rating, now standing at 10.5, reflecting its focus on sustainable business practices.