Financial and non-financial key performance indicators
Financial key performance indicators
The operating result before “Loan loss provisions / valuation effects” (operating result) amounted to EUR 86.6 million and was therefore 46% below the previous year’s figure of EUR 161.6 million. Expectations for 2025 were not met. Net interest income declined by 20% year on year, while administrative expenses increased by 12%.
The developments in income and administrative expenses described above also affected the cost-income ratio key performance indicator. In addition, allocations to promotional contributions (EUR 66.6m) and reversals of promotional subsidies from previous years (EUR 4.1 million) are excluded. Accordingly, the cost-income ratio increased to 50.7% (41.8%) compared with the previous year. Overall, the cost-income ratio remains at a solid level.
The promotional volume key performance indicator comprises the annual volume of new special promotional loans committed, which amounted to EUR 6.6 billion (EUR 3.6 billion) in the reporting year and was therefore above expectations.
Non-financial key performance indicators
With regard to the key performance indicator “Employees”, a total of 492 (459) employees worked at Rentenbank at the end of 2025, excluding trainees, interns, employees on parental leave and members of the Management Board.
In 2025, employee training averaged 2.9 days per person, below the previous year’s level (3.3 days).
The proportion of women at the top management level below the Management Board (FK I) stood at 33% at year-end. Among all other managers (FK II), the figure was 38%.
Rentenbank is committed to society in a variety of ways. Through the Promotional Fund, agribusiness funding, innovation funding and general sponsorship, the forest project in the Buchenborn forestry district, as well as donations to cultural institutions and social organisations in Frankfurt am Main, a total of EUR 9.87 million in support was provided in 2025.
Rentenbank’s sustainability performance is regularly assessed by rating agencies specialising in sustainability. Rentenbank receives regular ratings from ISS ESG, MSCI ESG and Sustainalytics. In 2025, our ISS ESG rating remained unchanged at C- (48.6 points). Our MSCI ESG rating was downgraded from AA to A (on a scale from AAA to CCC). In the 2025 financial year, the Sustainalytics rating deteriorated from 9.1 to 10.9.
Despite the slight deterioration in the MSCI ESG and Sustainalytics ratings, Rentenbank remains at a level that is average for the sector in these ratings. Accordingly, the development of the ESG ratings was slightly below expectations.
Overview
- ISS ESG (as at 21 December 2025): C- (on a scale from A+ to D-)
- MSCI ESG Ratings (as at 22 April 2025): A (on a scale from AAA to CCC)
- Sustainalytics (as at 20 February 2025): Low Risk, with a score of 10.9 out of a possible 100 points, where 0 represents the best score
We will continue to make further efforts in the coming years to improve our ESG ratings on an ongoing basis.