Banking News
The latest developments, earnings reports, and strategic shifts across global banking.
Al Rajhi Bank H1 2026 Net Income Rises 14.2% to SAR 13.76 Billion with ROE Near 23%
Al Rajhi Bank reported H1 2026 net income of SAR 13.76 billion, up 14.2% year on year, with total assets at SAR 1.1 trillion and a market-leading return on equity of around 23%.
PNC Financial Posts Q2 2026 Net Income of $2.1 Billion on Record $6.88 Billion Revenue
PNC reported second-quarter net income of $2.1 billion and diluted EPS of $4.81, on record revenue of $6.88 billion boosted by the FirstBank combination.
U.S. Bancorp Reports Q2 2026 Net Income of $2.18 Billion With Record Revenue of $7.71 Billion
U.S. Bancorp posted second-quarter net income of $2.18 billion and diluted EPS of $1.35, up about 22% YoY, on record net revenue of $7.71 billion.
Finland's Nordea Posts 15.9% Q2 Return on Equity as Total Income Tops €3 Billion
Nordea reported Q2 2026 return on equity of 15.9%, earnings per share of €0.36 and total income above €3 billion for the first time since 2024.
State Street Reports Record Q2 2026 EPS of $3.65 and Raises Full-Year Guidance
State Street posted second-quarter EPS of $3.65, up 68% YoY, on 17% revenue growth to $4.0 billion, raised FY 2026 guidance and lifted its dividend by 10%.
BNY Reports Q2 2026 Record Revenue of $5.7 Billion With EPS of $2.45, Up 27% YoY
BNY posted second-quarter EPS of $2.45, up 27% YoY, on record revenue of $5.7 billion, a 40% pre-tax margin and 31% return on tangible common equity.
Morgan Stanley Posts Record Q2 2026 Revenues of $21.3 Billion With ROTCE of 26.6%
Morgan Stanley reported second-quarter net revenues of $21.35 billion, EPS of $3.46 and a 26.6% ROTCE, as trading and wealth management set fresh highs.
Sweden's SEB Posts SEK 10.8 Billion Q2 Operating Profit as Return on Equity Climbs to 15.7%
SEB reported second-quarter operating profit of SEK 10.8 billion and return on equity of 15.7%, beating consensus and clearing its sustainable ROE ambition.
Dubai Islamic Bank Q2 2026 Net Profit Rises 5% to AED 1.78 Billion as Revenues Climb 10%
Dubai Islamic Bank reported Q2 2026 net profit of AED 1.78 billion, up 5% year on year, with gross revenues rising 10% to AED 12.4 billion and total assets at AED 423.2 billion.
M&T Bank Delivers Record Q2 2026 EPS of $5.32 on $818 Million Net Income
M&T Bank posted a record second-quarter diluted EPS of $5.32 and net income of $818 million, aided by an 8% sequential rise in noninterest income.
Goldman Sachs Reports Q2 2026 EPS of $20.98 on Record Equities Trading and $20.3 Billion Revenue
Goldman Sachs said second-quarter EPS nearly doubled to $20.98 on record net revenues of $20.3 billion, driven by an all-time high in equities trading.
Sweden's Handelsbanken Reports SEK 6.7 Billion Q2 Operating Profit With 44% Cost/Income Ratio
Handelsbanken posted Q2 2026 operating profit of SEK 6,678m, with return on equity near 13%, credit losses essentially zero and fee income near an all-time high.