Banking News
The latest developments, earnings reports, and strategic shifts across global banking.
UBS Reports Full-Year 2024 Net Profit of $5.1 Billion as Credit Suisse Integration Advances
UBS posted a full-year 2024 net profit of $5.1 billion and said the integration of Credit Suisse remained on track as it continued to reshape the combined group.
Riyad Bank Posts SAR 9.3 Billion Net Profit for 2024 as Total Assets Reach SAR 450 Billion
Riyad Bank reported FY2024 net profit of SAR 9,322m, up 16% year on year, and EPS of SAR 3.01, with total assets at SAR 450.4bn.
Housing Bank for Trade and Finance Jordan Posts Record JD 150.3 Million Net Profit for FY2024
Jordan's Housing Bank for Trade and Finance posted a record JD 150.3 million net profit for FY2024, up 6.7%, and recommended a 30% cash dividend.
Bank AlJazira Posts 21% Profit Rise in FY2024 on Broad-Based Income Growth
Saudi Arabia's Bank AlJazira reported FY2024 net income of SAR 1.23 billion, up 20.7% year on year, with operating income growing 13% to SAR 3.78 billion.
Arab Bank Group Posts Record FY2024 Net Profit of $1 Billion and Recommends 40% Cash Dividend
Arab Bank Group reported a record FY2024 net profit of $1.007 billion, up 21% year-on-year, and recommended a 40% cash dividend as total assets reached $71.2 billion.
FBN Holdings Posts 142% PBT Rise to NGN 862 Billion in FY2024 as Gross Earnings Double
FBN Holdings reported FY2024 pre-tax profit of NGN 862 billion, up 142%, as gross earnings rose 113% to NGN 3.33 trillion on wider margins.
NMB Bank Tanzania Posts FY2024 Net Profit of TZS 647 Billion , Up 19%
NMB Bank Tanzania reported FY2024 net profit of TZS 647bn, up 19%, with more than 8.6 million customers served across its network.
CaixaBank Posts Record €5.79 Billion Net Profit for Full-Year 2024, Surpassing Strategic Plan Targets
Spain's CaixaBank delivered a €5.79 billion net profit in 2024, up 20.2% year-on-year, with a return on tangible equity above 18% and a cost-to-income ratio of 38.5%.
BBVA Mexico lifts full-year 2024 net income 7.2% to MXN 107.4 billion on 15.8% loan growth
BBVA México grew its loan book by MXN 262 billion to nearly MXN 2 trillion in 2024, while BBVA Group booked a record €5.45 billion profit from the unit.
Nordea Reports Full-Year 2024 Operating Profit of €6.548 Billion, Up 3%, as Dividend Rises
Nordea's FY2024 operating profit rose 3% to €6.548bn, with return on equity of 16.7% and a proposed dividend of €0.94 per share, up 2% on the prior year.
Deutsche Bank Full-Year 2024 Profit Before Tax Falls 7% to €5.3 Billion as Litigation Charges Offset Revenue Growth
Deutsche Bank's 2024 profit before tax fell 7% to €5.3bn, weighed by €1.7bn in specific litigation charges, though revenues grew 4% to €30.1bn.
Al Rajhi Bank Saudi Arabia Records SAR 19.7 Billion Net Income in 2024, Up 18.7%, on Financing Growth
Al Rajhi Bank posted FY2024 net income of SAR 19.7bn, up 18.7%, as net financing and investment income rose 16.8% and total assets expanded 20.6% year-on-year to SAR 974.4bn.