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May 21, 2026 4:02 AM

Multitude AG publishes Q1 results: Continued execution and portfolio growth

Zug, 21 May 2026, Multitude AG, a listed European FinTech company offering digital lending and online banking services to consumers, SMEs, and institutional clients ("Multitude", the "Company" or the "Group"), today publishes its Q1 2026 results for the period ending 31 March 2026.

Multitude Group Results

Group revenue stood at EUR 61.6 million compared to EUR 66.8 million in Q1 2025, reflecting changes to product offering and portfolio composition. On a quarterly run-rate basis, revenue remained broadly stable (Q4 2025: EUR 61.0 million; Q3 2025: EUR 62.5 million). Group fee and commission income increased significantly by EUR 2.5 million year-on-year to EUR 4.9 million, driven mainly by Consumer Banking.

Net loans and investments expanded by 23.5% to EUR 971.6 million (Q1 2025: EUR 786,541 million). Total assets increased by 14.8% to EUR 1,590.7 million (31 December 2025: EUR 1,385.6 million). Asset quality continued to improve in Q1, with impairments decreasing by 18.8% to EUR 18.0m (Q1 2025: 22.2 million)

Customer deposits, the Group's primary funding source, increased by 15.4% to EUR 1,193.7 million. Group equity increased by 19.8% to EUR 249.1 million, resulting in a net equity ratio of 29.4%.

Net profit in Q1 2026 amounted to EUR 4.4 million. The Company remains on track to achieve its EUR 30 million ...