Sberbank reported net profit of 1.67 trillion rubles for January-October 2026, up 17.6% year over year, in results prepared under Russian accounting standards.
Net interest income reached 3.10 trillion rubles, an increase of 23.7%. Sberbank said a broader base of interest-earning assets supported the rise. Net fee and commission income moved lower, falling 1.4% to 590.8 billion rubles.
Loan-related provisions and changes in the fair value of loans together generated 609.1 billion rubles in charges, 35.7% more than a year earlier. Operating expenses rose 14.6% to 1.03 trillion rubles.
Pretax profit climbed 25.6% to 2.26 trillion rubles, growing faster than net profit over the period. For October, net profit was 168.5 billion rubles, a 12.6% year-over-year increase. Sberbank's return on equity for January-October was 22.9%.
