Multitude H1 FY26 net profit falls 7.75% to EUR 13.1 million; revenue drops 4.87% to EUR 126.9 million
Reuters2026/08/13 05:30Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Multitude posted H1 2026 net profit of EUR 13.1 million, down 7.75% year-on-year.
- Revenue fell 4.87% to EUR 126.9 million as interest income declined to EUR 114.3 million.
- Fee and commission income more than doubled to EUR 12.6 million, lifted by partnerships, payment services, Sortter acquisition.
- Impairment losses dropped 17.7% to EUR 34.9 million; net loans and investments rose 15% to EUR 979.5 million.
- Management reiterated EUR 30 million FY2026 net profit guidance; targets 20% annual net profit growth in 2027-2028.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Multitude AG published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608130130OMX_____CNEWS_EN_GNW1001257379_en) on August 13, 2026, and is solely responsible for the information contained therein.
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