Rabobank posts €4.96bn net profit in 2025

Rabobank reported a net result of €4,957 million for 2025, underlining a year of resilience and steady progress amid heightened geopolitical volatility. The cooperative bank said its strong financial performance and capital position enabled it to continue supporting customers while investing in long-term societal impact.

Stefaan Decraene, Chair of the Managing Board, said: “2025 has been a year of resilience and progress for Rabobank.

“We remain one of Europe’s best capitalised banks, delivering solid results in a world of increasing geopolitical volatility. Our strong financial results and capital position together with our cooperative foundation enable us to remain a reliable partner for our customers and to give back to society through our cooperative initiatives.”

A key highlight for the group was the continued strength of DLL, Rabobank’s global leasing and vendor finance arm, which remained a leader in providing businesses with access to equipment, technology and software. DLL’s performance supported Rabobank’s broader growth strategy, with the group’s leasing portfolio ending the year €1.1 billion higher at constant exchange rates, reflecting sustained demand for asset-based and technology-led financing solutions.

Decraene commented that DLL continues to play a central role in enabling business investment globally. “Globally, DLL remained a leader in vendor finance, providing customers easier access to equipment, technology, and software,” he said, highlighting the division’s contribution to Rabobank’s diversified earnings and customer reach.

Across the group, Rabobank maintained its position as a leading financial partner in the Netherlands and internationally. The bank supported more than 9 million private and business customers in the Netherlands and retained its leadership in the Dutch mortgage market with a 22% share of new production, enabling almost 58,000 customers to buy or improve their homes. Wholesale & Rural (W&R) lending reached €132 billion, with 59% supporting the global Food and Agri sector, reinforcing Rabobank’s core international franchise.

Financially, resilient income, slightly higher operating expenses and sound asset quality underpinned the result. Wholesale & Rural expanded its loan portfolio by €9.3 billion, while Domestic Retail Banking continued to see strong deposit growth of €25.4 billion and loan growth of €10.6 billion, helping to offset pressure on deposit margins.

Loan impairment charges rose to €764 million (2024: €468 million), reflecting a return to more normalised levels after several favourable years, with macroeconomic volatility and adverse conditions in Brazil affecting the leasing business. Rabobank’s cost/income ratio remained stable at 54.5%, while Return on Equity stood at 9.1%.

The bank’s capital position strengthened materially, with the CET1 ratio rising to 20.3% from 16.9%, driven by regulatory changes and retained earnings. Rabobank said this robust capital base provides capacity to support growth across its franchises, including further expansion in leasing and vendor finance through DLL.

Alongside financial performance, Rabobank continued to invest in social impact, contributing €292 million to cooperative initiatives in 2025 and launching the Rabo Impact Foundation with an initial €102 million donation.

Looking ahead, Decraene said the group will focus on growth, scale and efficiency while continuing to support customers and partners.