Banking News
The latest developments, earnings reports, and strategic shifts across global banking.
Commonwealth Bank of Australia Reports H1 FY2025 Cash NPAT of AUD 5.13 Billion, Up 2%, with Interim Dividend Raised 5%
Commonwealth Bank of Australia posted H1 FY2025 cash NPAT of AUD 5.13 billion, up 2% year on year, supported by mortgage and business lending growth, with the interim dividend lifted 5% to AUD 2.25 per share.
Dubai Islamic Bank Reports FY2024 Net Profit of AED 8.2 Billion, Up 16%, as Total Income Reaches AED 23.3 Billion
Dubai Islamic Bank posted FY2024 group net profit of AED 8,165 million, up 16.4% year on year, as total income grew 15.9% to AED 23.3 billion and total assets expanded to AED 345 billion.
UniCredit Posts Record EUR 9.7 Billion Full-Year 2024 Net Profit, Completing 16 Consecutive Quarters of Growth
UniCredit's full-year 2024 stated net profit reached a record EUR 9.7 billion, with net profit excluding DTA effects of EUR 9.3 billion, capping 16 consecutive quarters of profitable growth.
Rabobank Reports Record EUR 5.16 Billion Net Profit for Full-Year 2024, Up 18%
Dutch cooperative lender Rabobank posted a record full-year 2024 net profit of EUR 5.16 billion, an 18% increase from EUR 4.38 billion in 2023, driven by higher rates, fees, and fewer loan impairments.
DBS Group Records SGD 11.4 Billion Net Profit in Full-Year 2024, Up 11%, with Fee Income Crossing SGD 4 Billion
DBS Group posted a record full-year 2024 net profit of SGD 11.4 billion, up 11%, as total income rose 10% to SGD 22.3 billion and fee income exceeded SGD 4 billion for the first time.
Woori Financial Group returns to KRW 3 trillion net profit in 2024 as Woori Bank crosses mark for first time
Woori's 2024 profit rose 23.1% to KRW 3.086 trillion, its second-best year after 2022, and the group set a record annual dividend of KRW 1,200 per share.
Danske Bank Posts Record DKK 23.6 Billion Net Profit for Full-Year 2024, Up 11% Year on Year
Danske Bank achieved a record full-year 2024 net profit of DKK 23.6 billion, up 11%, with ROE rising to 13.4% and a new DKK 5 billion share buyback announced.
Banco Bradesco Brazil Reports FY2024 Recurring Net Income of BRL 19.6 Billion, Up 20%
Banco Bradesco posted FY2024 recurring net income of BRL 19.6 billion, up 20% year-on-year, as lower provisions and a growing credit portfolio drove the increase.
Shinhan Bank Reports Record KRW 3.70 Trillion Net Profit for 2024, Reclaiming South Korea's Top Lender Position
Shinhan Bank posted a record KRW 3.70 trillion net profit for 2024, up 20.5%, overtaking Hana Bank as South Korea's most profitable lender for the first time since 2018.
Société Générale Posts EUR 4.2 Billion Net Income for Full-Year 2024, Beating All Group Targets
Société Générale's full-year 2024 net income rose 69% to EUR 4.2 billion on revenues of EUR 26.8 billion, surpassing every group financial target.
ING Group Reports FY2024 Net Profit of EUR 6.4 Billion, Down 12%, as Fee Income Crosses EUR 4 Billion for First Time
ING Group's full-year 2024 net profit fell 12% to EUR 6.4 billion as total income reached a record EUR 22.6 billion and fee income exceeded EUR 4 billion for the first time.
Crédit Agricole Group Reports EUR 8.6 Billion Full-Year 2024 Net Income on Strong Activity Across All Business Lines
Crédit Agricole Group's full-year 2024 net income rose 4.6% to EUR 8.6 billion on revenues of EUR 38.1 billion, with strong commercial activity across all business lines.