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Erste Made a Big Move, Raising Expectations Even Higher in Vienna

Summary by Portfolio
The Austrian Erste banking group increased its profit by almost 21% in the first nine months of 2026, but a significant part of the headline growth figures is explained by the consolidation of the Polish subsidiary acquired last year. On a comparable basis, revenues still grew more than costs, and portfolio quality did not deteriorate: the NPL rate decreased to 2.3%, but the risk cost increased. As a result of the favorable numbers, the manageme…

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The Austrian Erste banking group increased its profit by almost 21% in the first nine months of 2026, but a significant part of the headline growth figures is explained by the consolidation of the Polish subsidiary acquired last year. On a comparable basis, revenues still grew more than costs, and portfolio quality did not deteriorate: the NPL rate decreased to 2.3%, but the risk cost increased. As a result of the favorable numbers, the manageme…

·Budapest, Hungary
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Erste Bank and its affiliates, which are owned by two Austrian banking institutions, generated a net profit of as much as 310 million euros in the first nine months of this year, which is 110 million euros or 55 percent more than in the same period last year. Erste Bank itself, excluding affiliates, generated a net profit of 253 million euros, […] The post Well-known foreign-owned bank generates a net profit of as much as 310 million euros, 55 p…

Erste Group, the parent company of Erste in Hungary, achieved a net profit of EUR 3 billion 95 million, while also increasing its loan and deposit portfolio.

Due to the strong business development in the first nine months of 2026, the Erste Group is once again raising the financial outlook for the full year. The target for customer loans, including Erste Bank Polska, will be raised to over 290 billion euros (previously "around 290 billion euros"). As a result of the strong growth in loans and deposits and a still favourable interest rate environment, the interest surplus exclusive of Erste Bank Polsk…

Erste Group, the parent company of Erste in Hungary, achieved a net profit of EUR 3 billion 95 million, while also increasing its loan and deposit portfolio.

EQS News: Erste Group Bank AG / Keyword(s): Quarterly result/9-Month figures First Group grows in customer business and raises annual target for credit volume to over €290 billion (News with additional material) 30.10.2026 / 07:30 CET/CEST The issuer is solely responsible for the content of this announcement. 简וווווווווווויויוו 简ssong-to-back-back-back-back-back-back-back-back-back-back-back-back-back-back-back-back-back-back-back-back-back-back…

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TOP News Österreich - Nachrichten aus Österreich und der ganzen Welt broke the news on Friday, October 30, 2026.
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