Banking News
The latest developments, earnings reports, and strategic shifts across global banking.
State Bank of India lifts quarterly profit 14% to Rs 23,038 crore as provisions fall
India's largest lender made a standalone net profit of Rs 23,037.95 crore in the September quarter, up 14.3% from a year earlier, as lower provisions offset a dip in operating profit before provisions.
Euro area corporate borrowing costs rise 13 basis points to 3.90% as banks pay more for term deposits
The ECB's cost-of-borrowing indicator for new loans to euro area companies rose 13 basis points to 3.90% in September, while rates on companies' new term deposits climbed 23 basis points to 2.48%.
Access Holdings lifts nine-month pre-tax profit 8.3% to ₦667.4 billion as impairment charges fall
Access Holdings made a profit before tax of ₦667.4 billion in the first nine months of 2026, as impairment charges dropped to ₦92.9 billion from ₦350 billion.
Westpac profit slips 1% to A$6.8 billion as fourth-quarter mortgage applications fall 15%
Westpac's statutory net profit fell 1% to A$6.8 billion in the year to September as business lending rose 12% and home-loan demand cooled.
NatWest shares fall 8.4% on its interest income outlook after £2.23 billion quarterly profit
NatWest Group made £2.23 billion of operating profit before tax in the third quarter and a 21.6% return on tangible equity, but a weaker-than-expected outlook for interest income sent its shares down 8.4% on Friday.
CaixaBank lifts 2026 return target to about 19% as quarterly profit rises 21.7% to €1.76 billion
CaixaBank's third-quarter net profit rose 21.7% to €1.76 billion, ahead of the €1.63 billion analysts expected, and the Spanish lender now aims for a return on tangible equity of around 19% this year.
Crédit Agricole Group quarterly profit rises 28.2% to €2,780 million
Crédit Agricole Group's third-quarter net income Group share rose 28.2% to €2,780 million, while corporate and investment banking revenue rose 10.4%.
ING's third-quarter net result rises 3.5% to €1,850 million as it sets a €1.9 billion distribution
ING's net result rose 3.5% to €1,850 million in the third quarter of 2026, and the Dutch group announced a further €1.9 billion distribution.
BBVA's nine-month profit rises 13.6% to €9.07 billion with a 22% return on tangible equity
BBVA's net attributable profit rose 13.6% to €9.07 billion in the first nine months of 2026, and its third-quarter profit of €3.02 billion was roughly in line with analysts' forecasts.
Santander's nine-month underlying profit rises 16% to €11.2 billion as it adds 17 million customers
Banco Santander's underlying profit rose 16% to €11.2 billion in the first nine months of 2026, as the bank added 17 million customers year-on-year.
Bank of Ireland lifts net interest income guidance above €3.5 billion
Bank of Ireland has upgraded its net interest income guidance for the second time this year to more than €3.5 billion, as consumer loans rose by €3.6 billion to €86.1 billion in the nine months to September.
Warba Bank closes KD 80 million perpetual AT1 sukuk at 5.50% profit rate
Warba Bank has completed the closing and settlement of a KD 80 million perpetual Additional Tier 1 sukuk, which is unlisted and has a first reset date of 27 October 2031.