XacBank generated net profit after tax of MNT 42.4 billion in Q1 2026, with earnings per share (EPS) of MNT 161.6 and ROE of 19.4%.

Financial highlights:

• The gross loan portfolio expanded +4.6% QoQ to MNT 4,374 billion, led by growth in the leasing portfolio (+MNT 64 billion or +9.7% QoQ), retail loans (+MNT109 or +4.4% QoQ), and the SME segment (+MNT28 billion or +12.6% QoQ).
• Total public deposit declined 1.7% to MNT 3,686 billion due to seasonal business patterns in Q1 2026.
• The Board approved a second dividend of MNT 30.0 per share from the retained earnings of second half of 2025, which is addition to the MNT 18.0 per share disbursed from the first half of 2025. Once disbursed, total divided disbursement of FY2025 is expected to be MNT 48.0 per share. As of the end of Q1 2026, all regulatory metrics set by the Bank of Mongolia are within the limit, which includes Tier 1 Capital adequacy ratio of 20.1% (minimum threshold is 12.5%) and liquidity ratio of 34.1% (minimum threshold is 25%).

The Annual General Meeting of Shareholders of XacBank LLC will be held on April 29 at the Grand Ballroom of Shangri-La Hotel in a hybrid format.

Please click HERE to access the meeting materials.

The financial statements of XacBank JSC for Q1 2026 are available via the links below.

Statement of Financial Position: click HERE.

Statement of Profit or Loss: click HERE.