MoraBanc Group closed the 2025 financial year with a profit of €62.5 million, up 8% compared to the previous year, consolidating a track record of 10 consecutive years of growth. Assets under management (AUM) reached a historic high of €20.141 billion, surpassing the €20 billion mark for the first time.

High solvency continues to be a key differentiating factor for MoraBanc which, despite recent acquisitions and significant investments in technology and the refurbishment of its premises, remains the bank with the highest CET1 capital ratio in Andorra, at 20.52%.

In the preliminary results, subject to approval by the shareholders’ meeting, the contribution of the Group’s international subsidiaries stands out. The business units in Switzerland, the United States and Spain — including Tressis, Banco Europeo de Finanzas and Casa Vicens — generated €8.1 million in profit, representing a 60% increase compared to 2024.

2025 has been a significant year in the Group’s international strategy, with a particular focus on the Spanish market. MoraBanc has formalized the acquisition of Banco Europeo de Finanzas (BEF), an operation that allows it to enter the Spanish banking system with its own banking license.

This step strengthens the Group’s project in Spain, where it already operates through Tressis and Tressis Gestión, and consolidates this market as one of the main growth drivers for the coming years.

MoraBanc maintains a strong position in terms of profitability. The Group reported a ROTE of 18.38% and an ROE of 14.86%, above the sector average in Andorra (9.5%). The liquidity ratio (LCR of 298.76%) remains at very comfortable levels and is also above the average of domestic banks (257%).

Lending activity, which reflects the financing MoraBanc provides to projects for families, companies and institutions in Andorra, grew by 14% compared to the previous year, above the national average (10%), reaching €1.726 billion. Meanwhile, the non-performing loan ratio remains very low at 2.08%, confirming prudent risk management.

During 2025, MoraBanc invested nearly €20 million in technological projects aimed at improving customer experience and strengthening its digital offering. These investments have enabled the introduction of new services such as instant transfers, the expansion of payment methods and the enhancement of online banking.

This effort has resulted in a significant improvement in customer satisfaction, measured by the NPS indicator, which rose from 12% to 20% over the past year, thanks to reduced waiting times and improved products and services. In addition to this positive evaluation, MoraBanc has also received international recognition with the Bank of the Year – Andorra 2025 award, granted by The Banker magazine from the Financial Times group.

At the same time, the Group’s growth has translated into an increase in its workforce to 584 professionals, 30% more over the past three years. 2025 also marked the completion of the renovation of MoraBanc’s headquarters, designed to offer the best possible working environment for its teams. Among the new features is an in-house restaurant managed by Nandu Jubany, a distinctive service within the Andorran banking sector.

Joan Maria Nin, Chairman of MoraBanc, highlighted that “2025 is a clear reflection of what MoraBanc is today: a group in constant growth at all levels, driven by a distinctive banking offering and a solid expansion project with a strong focus on the Spanish market.”

Lluís Alsina, CEO of MoraBanc, stated that “the 2025 results provide us with a very solid foundation to continue moving forward. We face the coming years with the goal of continuing to grow in a disciplined manner, strengthening our wealth management offering and developing the Group’s international project with a long-term vision and always with the client at the center.”

Over the past 10 years, MoraBanc has increased its assets under management by 196% and its profit by 171% since 2016, consolidating its position as the only bank in Andorra to achieve a decade of continuous growth in this last indicator.