MOSCOW, February 26. /TASS/. The Russian banking sector earned net profits of 394 bln rubles ($5.1 bln) in January 2026, which is 2.2 times above the figure in December 2025, when the profits totaled 176 bln rubles ($2.3 bln), the Central Bank said.
"The net profit of the sector increased to 394 bln rubles in January after 176 bln rubles in December, when the banks have traditionally high expenses for advertising and provisions," the regulator noted. "The base profit (411 bln rubles (($5.3 bln)) increased by 308 bln rubles ($4 bln) as compared to January, despite the decrease of the net interest income and the net commission income (by 168 bln rubles ($2.2 bln) in total, minus 16%) because of the weaker business activity, which is characteristic of January," the regulator informed.
The total financial result of the sector amounted to 357 bln rubles ($4.6 bln) in January 2026, compared to 256 bln rubles ($3.3 bln) in December of the last year. Further to profits, the banks recognized negative revaluation of debt securities worth 37 bln rubles ($480.5 mln) as part of their equity.