EarningsQ2 2026 Earnings Report
DE:EBO Q2 2026 EPS Results
Actual EPS€2.48
Consensus EPS€2.43
Beat/MissBeat by +€0.05
One Year Ago EPS€2.11
DE:EBO Q2 2026 Revenue Results
Actual Revenue€6.49B
Expected Revenue€3.93B
Beat/MissBeat by +€2.56B
YoY Revenue Growth+20.95%
Earnings Announcement Details
QuarterQ2 2026
Date07/30/2026
TimeBefore Open
Conference CallThursday, July 30, 2026
DE:EBO Upcoming Earnings
Erste Group Bank's next earnings date is estimated for October 30, 2026, based on past reporting schedules.
Q2 2026 Earnings Call Audio
DE:EBO Q2 2026 Earnings Call
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Q2 2026 Earnings Slide Deck
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented several substantial positives: strong pro-forma loan growth after the Poland consolidation, a raised loan target (EUR 290bn), solid operating contributions (Poland > EUR 1bn), low group NPLs (~2.3%), modest ongoing risk costs (20 bps excluding one‑offs), and meaningful capital markets and advisory activity (193 deals, EUR 146bn). Counterbalancing these are material one‑off consolidation charges (EUR 300m), a notable CET1 reduction from the transaction (down ~4.7 p.p. then rebuilt to 15.2%), regional pockets of weakness (notably Romania), and tax/regulatory uncertainties that could pressure future earnings. On balance, management emphasized healthy capitalization, diversification, and momentum across Central and Eastern Europe while acknowledging specific one‑time impacts and political/tax risks.Company Guidance
Strong Loan Volume Growth (21% H1)
Group loan volume rose by 21% in the first half of the year, driven largely by the first-time consolidation of Erste Bank Polska (EUR 41.4bn loan portfolio). Management raised the 2026 loan volume target to around EUR 290bn.
Poland: Major Earnings and Customer Momentum
Erste Bank Polska contributed more than EUR 1bn to operating result (100% consolidated basis). Post-rebrand metrics showed 68% unaided and 78% aided brand awareness, a 2% increase in overall satisfaction, reduced churn and more than 300,000 new customers year-to-date.
Healthy Asset Quality and Low NPLs
Group NPL ratio stands at a low ~2.3% (Romania <3%), described as 'extraordinary.' Several countries reported stable or improving asset quality, with Hungary showing net resolution of NPLs.
Low Group Risk Costs (Excluding One-Off)
Reported group risk costs were around 20 basis points (excluding a one-off EUR 300m first-time consolidation effect). Poland and other markets maintain a generally favourable risk profile despite some local variance.
Solid Capital Position after Consolidation
CET1 ratio was 19.2% pre-consolidation, fell to 14.5% due to the Poland transaction and was rebuilt to 15.2% (including a provision for a 50% dividend). Management describes capitalization as very strong post-consolidation.
Strong Capital Markets and Advisory Activity
Advised on over 193 capital markets transactions in H1 with a total volume of EUR 146bn, indicating significant advisory and fee-generating activity.
Operational Efficiency and Tech-Driven Cost Improvements
Operating results improved across countries, driven by net interest income, net fees and commissions and cost structure improvements attributed to technology and AI initiatives. IT/integration work in Poland continues with two strong teams and a ~2-year plan.
DE:EBO Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed