All 11 Montenegrin banks report positive profits in Q1 2025, Crnogorska Komercijalna Banka tops with €12.79 million

At the end of the first quarter of 2025, all 11 commercial banks in Montenegro reported positive results, with a total profit of €34.17 million.

The highest profit of €12.79 million was achieved by Crnogorska komercijalna banka, followed by Hipotekarna and NLB banks, each with a profit of €5.72 million, according to data published by the Central Bank of Montenegro (CBCG).

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Erste Bank reported a profit of €3.2 million, Addiko €1.8 million, and Universal Capital €1.25 million.

Adriatic Bank’s profit at the end of March amounted to €1.13 million, while Lovćen Bank earned €953,000, Prva Banka €878,000, and Ziraat Bank €389,000.

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Zapad Bank’s profit stood at €351,000.