Raiffeisen Bank International reported first-half 2026 consolidated profit excluding Russia of €708 million, up 25% year on year, and raised its full-year 2026 net interest income guidance to above €4.4 billion, up from around €4.4 billion previously.
Main revenues rose 7% year on year to €3,255 million, with customer loans up 6% year to date to €107 billion, according to the disclosure published through the group's investor pages. The bank reported a consolidated return on equity of 9.5% excluding Russia, in line with its full-year guidance of around 9.5%.
EX-RUSSIA PERFORMANCE
Excluding Russia, net interest income rose 5.5% to €2,187 million and net fee and commission income rose 10.3% to €1,068 million, while the cost/income ratio improved by 1.6 percentage points to 52.2%.
Including Russia, RBI reported first-half consolidated profit of €1,256 million.
GUIDANCE RAISED
Alongside the higher NII guidance of above €4.4 billion, RBI raised its net fee and commission income guidance to around €2.2 billion from around €2.1 billion and now expects general administrative expenses of around €3.8 billion and a cost/income ratio of around 55%, all excluding Russia.
In the medium term, RBI aims for a consolidated return on equity of at least 13% excluding Russia and Polish foreign-currency loan costs. On Russia, RBI said a run-down remains its base case, while it will renew efforts to sell the business.
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