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Erste Group Bank (MX:EBON)
:EBON
Mexico Market
EarningsQ2 2026 Earnings Report

Erste Group Bank (EBON) Q2 2026 Earnings Report

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MX:EBON Q2 2026 EPS Results

Actual EPS$49.08
Consensus EPS$48.17
Beat/MissBeat by +$0.91
One Year Ago EPS$41.76

MX:EBON Q2 2026 Revenue Results

Actual Revenue$128.51B
Expected Revenue$77.81B
Beat/MissBeat by +$50.71B
YoY Revenue Growth+20.95%

Earnings Announcement Details

QuarterQ2 2026
Date07/30/2026
TimeBefore Open
Conference CallThursday, July 30, 2026
MX:EBON 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

MX:EBON Q2 2026 Earnings Call
0:00 / 0:00

Q2 2026 Earnings Slide Deck

Q2 2026 Earnings Call Summary

Q2 2026
Earnings Call Date:Jul 30, 2026|
% Change Since:
|
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
The call’s guidance emphasized continued balance-sheet growth and strong capital and asset quality: a raised loan-volume target of around EUR 290 billion, H1 loan growth of +21% (driven by the EUR 41.4 billion Erste Bank Polska portfolio consolidation and >100% Poland growth), Hungary loan growth ~+19.2% ex-FX, a group loan-to-deposit ratio slightly below 90%, and a current CET1 ratio rebuilt to 15.2% (after falling to 14.5% post-Poland consolidation from 19.2% earlier, with a 50% dividend deduction factored in). Profitability and market activity metrics included Erste Bank Polska contributing >EUR 1 billion operating result, >193 capital-markets deals advised in H1 with EUR 146 billion total volume, group tax payments of ~EUR 1 billion YTD, and retail traction in Poland (49% stake) with 68% unaided / 78% aided brand awareness, >300,000 new customers YTD and employee satisfaction up ~2%; asset-quality guidance cited group risk costs of ~20 bps (excluding a one‑off EUR 300m consolidation effect), NPLs around 2.3% (Romania <3%), reduced real‑estate concentration in Austria to 15.9%, and a five‑industry concentration metric noted at ~2.5%.
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.

MX:EBON Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Oct 30, 2026
2026 (Q3)
55.67 / -
43.537
2026 (Q2)
48.17 / 49.08
41.75617.54% (+7.32)
2026 (Q1)
44.05 / 42.55
36.01718.13% (+6.53)
Feb 26, 2026
2025 (Q4)
36.16 / 41.76
26.04360.33% (+15.71)
2025 (Q3)
40.41 / 43.54
42.3492.80% (+1.19)
2025 (Q2)
35.78 / 41.76
37.00612.83% (+4.75)
2025 (Q1)
37.54 / 36.02
37.006-2.67% (-0.99)
2024 (Q4)
30.06 / 26.04
30.179-13.70% (-4.14)
2024 (Q3)
37.76 / 42.35
37.612.63% (+4.75)
2024 (Q2)
33.25 / 37.01
39.183-5.56% (-2.18)
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