Erste Group H1 FY26 net profit rises 18.6% to EUR 2 billion
Reuters2026/07/30 05:32- Erste Group net profit rose 18.6% year-on-year to EUR 2 billion, lifted by the first-time consolidation of Erste Bank Polska.
- Operating income climbed 40.4% to almost EUR 8 billion; net interest income jumped 42.3% to EUR 5.4 billion.
- Operating result increased 49.3% to EUR 4.4 billion, while the cost/income ratio improved 3.3 percentage points to 44.4%.
- Risk costs rose to EUR 583 million on IFRS 9 one-offs tied to the Polish consolidation; banking levies nearly doubled to EUR 392 million.
- Guidance was raised, with the customer loan volume target lifted to about EUR 290 billion and ROTE seen above 20%; CEO Peter Bosek cited strong lending momentum.
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