Banking News
The latest developments, earnings reports, and strategic shifts across global banking.
Itaú Unibanco Reports Record FY2024 Recurring Net Income of BRL 41.4 Billion, ROE Reaches 22.2%
Itaú Unibanco posted a record recurring managerial net income of BRL 41.4 billion for FY2024, up 18.2%, with ROE of 22.2% and an additional BRL 15 billion in dividends and interest on capital announced.
Indonesia's Bank Mandiri Reports FY2024 Net Profit of IDR 55.8 Trillion as Loans Grow 19%
Bank Mandiri posted full-year 2024 consolidated net profit of IDR 55.8 trillion, up 1.3%, with non-interest income up 4.1% to IDR 42.3 trillion and NPLs down to 0.97%.
DNB Bank Reports FY2024 Net Profit of NOK 45.8 Billion and Proposes Dividend of NOK 16.75 Per Share
Norway's DNB Bank posted full-year 2024 net profit of NOK 45.8 billion, up 16% year-on-year, with ROE of 17.5% and a proposed dividend of NOK 16.75 per share.
Handelsbanken Posts FY2024 Operating Profit of SEK 35.0 Billion as Higher Costs Weigh on Swedish Lender
Handelsbanken reported a 3.6% decline in full-year 2024 operating profit to SEK 35.0 billion as a 9% rise in expenses and a 2% fall in net interest income outweighed higher fee income.
Arab National Bank Saudi Arabia Posts SAR 4.96 Billion Net Profit for FY2024, Up 22%
Arab National Bank reported full-year 2024 net profit of SAR 4.96 billion, a 22% year-on-year increase, as total assets crossed SAR 248 billion.
First Abu Dhabi Bank UAE Reports AED 17.1 Billion Net Profit for FY2024 as Revenue Surpasses AED 30 Billion
First Abu Dhabi Bank posted AED 17.1 billion in FY2024 net profit, up 4%, as revenue crossed AED 30 billion for the first time and total assets reached AED 1.21 trillion.
KB Financial Group sets South Korean record with KRW 5.08 trillion net profit in FY2024
KB became the first South Korean financial group to earn more than KRW 5 trillion in a year, lifting ROE to 9.72% and bringing 2024 total shareholder return to KRW 2.02 trillion.
Banco Santander Reports Record FY2024 Attributable Profit of €12.574 Billion, Its Third Consecutive Year of Record Earnings
Santander posted a record attributable profit of €12.574 billion for 2024, up 14%, as the Spanish lender added 8 million new customers and grew total income to €62.2 billion.
BNP Paribas Reports FY2024 Net Income of €11.688 Billion, Up 4.1%
BNP Paribas posted full-year 2024 net income of €11.688 billion, up 4.1%, with Q4 revenues rising 10.8% and a proposed cash dividend of €4.79 per share.
South Korea's Hana Financial Group posts record KRW 3.74 trillion net profit for 2024
Hana Financial's 2024 profit rose 9.3% as fee income grew 15.2% and Hana Securities returned to profit, offsetting a small fall in net interest income.
Intesa Sanpaolo Posts Record FY2024 Net Income of €8.666 Billion, Up 12.2%
Intesa Sanpaolo reported record full-year 2024 net income of €8.666 billion, up 12.2%, with a cost/income ratio of 42.7% and €6.1 billion in proposed cash dividends.
Raiffeisen Bank International Reports FY2024 Profit of €1.157 Billion Amid Poland and Russia Charges
RBI posted FY2024 consolidated profit of €1.157 billion, weighed by €649m in Polish FX loan provisions and €840m for Russian legal proceedings, with CET1 at 17.1%.