Erste Group Raises 2026 Net Loan Target to Above EUR 290 Billion
Bitget2026/10/30 06:49- Erste Group raised its 2026 net loan target to above EUR 290 billion, supported by robust Central European growth.
- Excluding Erste Bank Polska, net interest income growth guidance increased to above 6%; fee growth is now forecast at about 10%.
- The cost-to-income ratio forecast excluding Polska improved to below 46%, reflecting positive operating leverage.
- Group net profit remains forecast above EUR 4 billion, with return on tangible equity above 20%.
- Third-quarter operating profit reached a record EUR 2.32 billion, supported by strong core revenue growth and cost control.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Marvell Technology (MRVL.US) $115 billion "merger of the century" faces lukewarm reception! Stock has dropped over 40%, experts estimate only a 50% chance of completion
Marvell plans to acquire Lamington for 115 billions USD to strengthen its position in AI, but the probability of completion is only 50%. The two stocks have dropped by nearly 40% and about 35% respectively, with Chinese regulatory approval being the biggest uncertainty.
Amid opposition to data centers, Musk doubles down: SpaceX (SPCX.US) plans to build a $24 billion computing center and gas power plant in Texas.
According to a public hearing notice published on the Starbase website, SpaceX plans to build, own, and operate a gas-fired power plant and a supercomputing facility at its company town in Starbase, Texas.
BUZZ - Rocket Lab’s stock falls as quarterly loss exceeds expectations