A view shows the logo of VTB bank at the St. Petersburg International Economic Forum (SPIEF) in Saint Petersburg, Russia June 18, 2025. REUTER
MOSCOW, April 28 – Russia’s second-largest bank VTB said on Tuesday its profit for the first quarter of 2026 was down 6.2% year-on-year to 132.6 billion roubles ($1.77 billion).
The bank said it maintains its full-year profit target of at least 600 billion roubles.
The bank also said it is discussing a dividend payout for 2025 at between 25% and 50% of its profit but has yet to agree it with the central bank.
Reporting by Elena Fabrichnaya; Writing by Gleb Bryanski; editing by Vladimir Soldatkin
