4finance Holding S.A. Reports First Quarter 2026 Results

4finance Holding S.A. has released its unaudited consolidated results for the first quarter ending March 31, 2026. The period reflected a strategic pivot towards online consumer lending, underscored by the operational milestone of the TBI Bank sale in February. This sale enhanced the Group's financial flexibility.

Online loan issuance was reported at €112.4 million, a 12% decrease from the previous year. This reduction aligns with the company's selective lending approach. During this quarter, 4finance also initiated operations in South Africa and Uzbekistan.

Adjusted EBITDA stood at €13.7 million with a margin of 33%, while net profit from continuing operations reached €2.9 million. The interest income amounted to €41.7 million, a decrease from the previous year's €47.0 million. Net impairment charges were reduced by 10%, emphasizing focus on portfolio quality. The gross NPL ratio stayed stable at 11.0%.

The Group fortified its liquidity with a strong cash position exceeding €250 million, further strengthened by the early redemption of its EUR 2026 bonds. This action aimed to optimize funding and lower near-term maturities.