Banking News
The latest developments, earnings reports, and strategic shifts across global banking.
Maybank Reports MYR 2.59 Billion Q1 2025 Net Profit Up 4%
Malaysia's Maybank posted Q1 2025 net profit of MYR 2.59 billion, up 4% year-on-year, with net interest margin at 2.04% and annualised ROE at 11.3%.
Investec Group Posts Record £1.039 Billion Pre-Provision Profit in FY2025 and Plans c.£100 Million Buyback
Investec Group surpassed £1 billion in pre-provision operating profit for the first time in FY2025, reporting revenues of £2,190.5 million and announcing a share buyback of about £100 million (R2.5 billion).
KCB Group Q1 2025 profit after tax holds flat at KES 16.5 billion as net interest income rises 9%
Kenya's KCB Group kept first-quarter earnings level with a year earlier as higher net interest income offset a 10% fall in non-funded income, while total assets passed KES 2 trillion.
IndusInd Bank Posts Q4 FY2025 Net Loss of INR 2,329 Crore After Accounting Lapses and Provisions Surge
IndusInd Bank posted a Q4 FY2025 net loss of INR 2,329 crore as provisions surged 165% following derivative and microfinance accounting lapses and suspected fraud, with full-year profit falling 71%.
Co-operative Bank of Kenya Q1 2025 Profit After Tax Grows 5.3% to KES 6.93 Billion
Co-operative Bank of Kenya posted Q1 2025 PAT of KES 6.93 billion, up 5.3%, with interest income rising 14.4% to KES 22.2 billion and total assets reaching KES 774.1 billion.
Credicorp Reports Q1 2025 ROE of 20.3% and Record Risk-Adjusted NIM Amid Peru's 3.9% GDP Growth
Credicorp posted a Q1 2025 ROE of 20.3% and a record risk-adjusted NIM of 5.24%, supported by Peru's 3.9% GDP growth and Yape's rising revenue contribution.
MUFG Reports Record FY2024 Net Profit of JPY 1.862 Trillion, Up 25%, as Rate Normalisation Boosts Margins
MUFG posted record FY2024 net profit of JPY 1.862 trillion, up 25%, with ROE of 9.9%, achieving its medium-term plan target ahead of schedule, with FY2025 guidance set at JPY 2 trillion and dividends raised to JPY 64 per share.
KBC Group Reports EUR 546 Million Q1 2025 Profit Despite EUR 539 Million Tax Charge and Agrees to Buy 365.bank
KBC Group posted Q1 2025 net profit of EUR 546m, up 8% year-on-year, absorbing EUR 539m in bank and insurance taxes while agreeing to acquire Slovakia's 365.bank in a deal valuing it at EUR 761m.
Sumitomo Mitsui Financial Group Posts Record JPY 1.18 Trillion Net Profit for Year to March 2025
Sumitomo Mitsui Financial Group reported record FY2025 net profit of JPY 1.18 trillion, approximately USD 8.1 billion, up around 22% from FY2024, with FY2026 guidance set at JPY 1.3 trillion.
ABN AMRO Posts EUR 619 Million Q1 2025 Profit as Mortgage Book Grows and Impairments Total EUR 5 Million
ABN AMRO posted Q1 2025 net profit of EUR 619 million with ROE near 10%, its mortgage portfolio up EUR 1.7bn and loan-loss provisions at EUR 5 million for the quarter.
Nu Holdings Posts Q1 2025 Revenue of $3.2 Billion as Net Income Rises 74% and Customer Base Hits 118.6 Million
Nubank parent Nu Holdings reported Q1 2025 revenue of $3.2 billion, up 40% year-on-year, and net income of $557 million, with customers growing to 118.6 million.
CIB Egypt Q1 2025 Net Income Rises 39% to EGP 16.6 Billion on Lower Provisions and Loan Growth
Commercial International Bank Egypt posted Q1 2025 consolidated net income of EGP 16.6 billion, up 39.5% year-on-year, with ROAE of 43% and provisions down more than 95%.