Banking News
The latest developments, earnings reports, and strategic shifts across global banking.
CRDB Bank Tanzania Reports TZS 173 Billion Q1 2025 Profit as ROE Climbs to 30%
CRDB Bank's Q1 2025 profit after tax rose 36% to TZS 173 billion, with operating income up 31% and the cost-to-income ratio improving to 41.7%.
Bancolombia Posts COP 1.7 Trillion Net Income in Q1 2025 with ROE of 16.3%
Bancolombia reported Q1 2025 net income of COP 1.7 trillion, up 4.5% both quarter-on-quarter and year-on-year, with a net interest margin above 6.4% and ROE of 16.3%.
Westpac Banking Corporation Reports A$3.32 Billion Half-Year Profit as UNITE Costs Lift Expenses and Margins Narrow
Westpac posted H1 FY2025 net profit of A$3.32 billion, down 1% year-on-year, with a 76 cent interim dividend as UNITE investment lifted expenses and the net interest margin narrowed.
Kotak Mahindra Bank FY2025 consolidated net profit rises 21% to INR 22,126 crore on insurance sale gain
Excluding a one-time INR 3,013 crore gain from the Kotak General Insurance divestment, consolidated profit rose 5%; standalone net interest income grew 9% and advances 13%.
State Bank of India Posts Record FY2025 Net Profit of INR 70,901 Crore, Up 16%
SBI reported a record FY2025 net profit of INR 70,901 crore, up 16.08% year-on-year, as operating profit crossed INR 1 lakh crore for the first time.
NatWest Group posts £1.25 billion Q1 profit, up 36%, and moves 2025 guidance to top of range
The UK lender reported a return on tangible equity of 18.5% and now expects income and returns at the upper end of its guided ranges for 2025.
ING Group Reports EUR 1.46 Billion Q1 Profit and Announces EUR 2 Billion Share Buyback
ING posted Q1 2025 net profit of EUR 1.46 billion on record deposit inflows of EUR 22.6 billion and fee income up 10% year-on-year, launching a EUR 2 billion buyback.
Ecobank Transnational Posts USD 122.5 Million Q1 2025 Profit Across 35-Country African Network
Ecobank Transnational grew Q1 2025 profit after tax 17% to USD 122.5 million as revenue reached USD 516.3 million and total assets hit USD 28.9 billion.
Nigeria's Fidelity Bank Q1 2025 Profit Before Tax Surges 168% to NGN 105.8 Billion
Fidelity Bank's Q1 2025 PBT leapt 167.8% year-on-year to NGN 105.8 billion as gross earnings reached NGN 315.4 billion and net interest income nearly doubled.
Access Holdings Posts NGN 182.75 Billion Q1 Profit as Fee Income Surges in Nigeria
Nigeria's Access Holdings reported a 14.7% rise in Q1 2025 profit after tax to NGN 182.75 billion, driven by a 68% jump in net fees and commission income.
GTCO Reports NGN 300.4 Billion Pre-Tax Profit in Q1 2025 as Core Banking Strengthens in Nigeria
Guaranty Trust Holding Company posted Q1 2025 PBT of NGN 300.4 billion, down 41% year-on-year, as the prior period's exceptional fair value gains of NGN 331.6 billion did not recur.
Lloyds Banking Group Reports £1.13 Billion Q1 Profit With Mortgage-Led Lending Growth in UK
Lloyds Banking Group posted Q1 2025 statutory profit after tax of £1.13 billion and net income of £4.39 billion, up 4%, underpinned by £7.1 billion of lending growth and a 12.6% RoTE.