Belgium · Delayed Price · Currency is EUR KBC Group NV Earnings Call Transcripts
Fiscal Year 2026
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Second quarter profit reached EUR 1,152 million with 18% return on tangible equity, driven by strong growth in loans, deposits, and diversified income streams. Guidance for total income and net interest income was upgraded, with costs and asset quality well managed. CET1 ratio stands at 14.4%.
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Q1 2026 delivered strong profit and growth in loans, deposits, and insurance, despite geopolitical volatility and higher taxes. Integration of 365.bank and Business Lease boosted results, while asset quality and capital ratios remained robust.
Fiscal Year 2025
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Record 2025 results with 9% income growth, strong net interest and insurance performance, and digital advances drove efficiency and customer satisfaction. Guidance points to continued robust income and cost discipline, with capital strength supporting growth and shareholder returns.
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Q3 2025 saw net profit of EUR 1.002 billion, robust loan and fee growth, and improved cost efficiency. Guidance for 2025 was raised, with strong capital and liquidity positions, and digital transformation via Kate 2.0 underway. Interim dividend paid and strategic acquisitions completed.
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Q2 2025 net result reached EUR 1.18 billion, with strong growth in net interest income, loans, and insurance. Guidance for 2025 was raised for both net interest income and loan growth, while cost control and capital ratios remain robust.
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Q1 2025 net result was EUR 546 million, impacted by EUR 539 million in bank taxes, with strong growth in net interest, fee, and insurance income. Acquisition of 365.bank in Slovakia announced, and dividend policy updated to a 50%-65% payout range. CET1 ratio stands at 14.5% post-acquisition.
Fiscal Year 2024
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Q4 2024 net profit reached €1,116 million, driven by strong banking and insurance results and a €318 million tax benefit. Guidance for 2025 includes at least €5.7 billion net interest income, 4% loan growth, and cost increases capped below 2.5%.
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Q3 2024 net profit reached EUR 868 million, with strong inflows, record asset management growth, and robust insurance performance. Guidance for 2024 and 2025 net interest income is reaffirmed, and capital ratios remain solid. Competitive and regulatory challenges are being managed effectively.
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Q2 2024 delivered a net result of EUR 925 million, with strong lending, deposit inflows, and fee income driving an upgrade in full-year NII guidance to EUR 5.5 billion. Cost control, robust capital, and AI-driven productivity gains supported a 15% ROE and a 42% cost/income ratio.