Banking News
The latest developments, earnings reports, and strategic shifts across global banking.
Crédit Agricole S.A. Posts EUR 1.824 Billion Q1 2025 Net Income as Record Revenues Offset French Tax Charge
Crédit Agricole SA posted record Q1 revenues of EUR 7.26 billion, up 6.6%, though a EUR 123 million exceptional French tax surcharge weighed on net income.
Société Générale Reports Q1 2025 Net Income of €1.6 Billion, Up 2.4 Times, as French Retail Banking Rebounds
Société Générale posted Q1 2025 net income of €1.608bn, up 2.4x year-on-year, with revenues of €7.1bn up 6.6% and ROTE of 11.0%, ahead of its 2025 full-year target.
Barclays Reports Q1 2025 Pre-Tax Profit of £2.7 Billion, Up 19%, Driven by Investment Banking Revenues
Barclays posted Q1 2025 pre-tax profit of £2.7bn, up 19% year-on-year and ahead of consensus, with RoTE of 14%, EPS of 13.0p and a CET1 ratio of 13.9%.
UBS Posts Q1 2025 Net Profit of $1.7 Billion as Global Markets Revenues Surge 32% to Record High
UBS reported Q1 2025 net profit of $1.7bn, beating consensus, with record Global Markets revenues up 32% year-on-year and GWM attracting $32bn in net new assets.
Mashreq Bank UAE Posts AED 2.1 Billion Pre-Tax Profit in Q1 2025 as Rate Cuts Weigh on Net Profit
Mashreq Bank reported Q1 2025 pre-tax profit of AED 2.1 billion on operating income of AED 3.1 billion, while net profit fell 12% year-on-year as interest rate cuts compressed the net interest margin.
Banco Santander Posts Record Q1 2025 Attributable Profit of €3.4 Billion, Up 19% Year-on-Year
Banco Santander posted attributable profit of €3.4bn in Q1 2025, up 19% year-on-year, driven by record fee income and an improved cost-to-income ratio across its global franchise.
Nigeria's First HoldCo Posts NGN 171.1 Billion Q1 2025 Profit as Trading Loss Drags on Non-Interest Income
First HoldCo recorded Q1 2025 profit after tax of NGN 171.1 billion, down 18% year-on-year, as a swing to trading losses on financial instruments cut non-interest income and outweighed strong net interest growth.
Erste Group Reports Q1 2025 Net Profit of €743 Million as Banking Levies Jump 40% Year-on-Year
Erste Group reported Q1 2025 net profit of €743m, down 5% year-on-year but up 22% sequentially, as a 40% rise in banking levies offset 9.5% fee income growth and a CET1 of 15.9%.
CaixaBank Reports Q1 2025 Net Income of €1.47 Billion, Up 46%, with NPL Ratio at Historic Low of 2.5%
CaixaBank reported Q1 2025 net income of €1.47bn, up 46% year-on-year, with ROTE of 19.4%, a cost-to-income ratio of 37.7%, and an NPL ratio at a historic low of 2.5%.
Bank Rakyat Indonesia Reports Q1 2025 Net Profit Down 13.6% Amid Strategic Micro-Segment Revamp
BRI posted Q1 2025 net profit of IDR 13.80 trillion, down 13.6% year-on-year, as a strategic micro-segment portfolio revamp weighed on returns while NPL ratios improved.
Alinma Bank Saudi Arabia Reports SAR 1.508 Billion Q1 2025 Net Profit, Up 14.7%, as Financing Portfolio Hits SAR 209 Billion
Alinma Bank posted Q1 2025 net profit of SAR 1.508 billion, up 14.7% year-on-year, with the financing portfolio growing 15.9% to SAR 209 billion and customer deposits rising 15.8%.
ADCB UAE Reports AED 2.9 Billion Pre-Tax Profit in Q1 2025, Up 20%, as Net Advances Grow 13%
Abu Dhabi Commercial Bank posted Q1 2025 profit before tax of AED 2.907 billion, up 20% year-on-year, while net advances rose 13% to AED 359.5 billion and loan quality improved.