N26 net profit/loss 2016-2023
N26 experienced varying net losses from 2019 to 2023. In 2019, the bank recorded its largest financial loss at approximately 217 million euros. The subsequent year saw a modest improvement, with losses decreasing by over 30 percent to around 151 million euros. However, the positive trajectory was short-lived. In 2021, N26's losses increased to 172.4 million euros, and the trend continued in 2022 with a 24 percent rise in net losses, reaching 213.4 million euros. The financial landscape shifted in 2023, with the bank reporting a notable reduction in net losses to 102.4 million euros.
