Banking News
The latest developments, earnings reports, and strategic shifts across global banking.
Abu Dhabi Islamic Bank Posts Record FY2024 Net Profit of AED 6.1 Billion with 28% ROE and Its Highest Dividend Since Inception
Abu Dhabi Islamic Bank posted a record FY2024 net profit of AED 6.1bn, up 16.2% year-on-year, with ROE reaching 28% and a proposed dividend of 83 fils per share — the highest payout since inception.
Vietcombank Posts Record FY2024 Pre-Tax Profit of VND 42.2 Trillion to Lead Vietnamese Banking Sector
Vietcombank reported FY2024 consolidated pre-tax profit of approximately VND 42.2 trillion ($1.66 billion), a record high and the best result among Vietnamese banks.
Indonesia's Bank Central Asia Posts FY2024 Net Profit of IDR 54.8 Trillion on Loan and Digital Growth
BCA reported FY2024 net profit of IDR 54.8 trillion, up 12.7% year-on-year, as loan growth of 13.8% and rising digital transaction volumes drove income higher.
AlRayan Bank reports 2024 net profit of QAR 1,507 million, up 3.8%, as deposits rise 16.1%
The Qatari Islamic lender's deposits grew to QAR 107.6 billion and net financing assets to QAR 110.0 billion, with a capital adequacy ratio of 23.92%.
Swedbank reports FY2024 profit of SEK 34.9 billion and proposes SEK 21.70 dividend
Swedbank's 2024 total income rose 1% to SEK 74.1 billion and return on equity was 17.1%, as the board changed its dividend policy to a 60–70% payout of annual profit.
HDFC Bank Reports Q3 FY2025 Net Profit of ₹16,736 Crore as NII Rises 7.7%
HDFC Bank posted Q3 FY2025 net profit of ₹16,736 crore, up 2.2% year on year, with net interest income of ₹30,650 crore as the bank continued managing its post-merger balance sheet.
Fifth Third Bancorp Posts 18% Q4 Profit Rise on Consumer Growth and Margin Gains
Fifth Third Bancorp earned $582m in Q4 2024, up 18% year-on-year, capping a full year in which net income reached $2.2 billion and consumer households topped 2.5 million.
Kasikornbank Posts THB 48.6 Billion FY2024 Net Profit, Up 14.6%, on Lower Credit Costs
Kasikornbank reported a 14.6% rise in FY2024 net profit to THB 48.6 billion as lower credit costs and stable net interest income offset cautious loan book growth.
Commercial Bank of Qatar Posts QAR 3.03 Billion Net Profit for 2024 After $750 Million Bond Year
Commercial Bank of Qatar reported FY2024 net profit of QAR 3.03 billion, up 0.7%, with total assets at QAR 165.8 billion and a $750 million international bond issuance.
Bangkok Bank Reports FY2024 Net Profit of THB 45.2 Billion, Up 8.6%, on Fair-Value Gains and Fee Growth
Bangkok Bank's full-year net profit rose 8.6% to THB 45.2 billion in 2024, lifted by a 14.4% rise in non-interest income driven by investment gains and card, bancassurance and fund fees.
KeyCorp Posts Q4 2024 Adjusted EPS of $0.38, Beating Consensus, Amid $657 Million Securities Repositioning Loss
KeyCorp reported Q4 2024 adjusted EPS of $0.38, beating consensus by five cents and up 52% year-on-year, despite a $657 million after-tax loss from a securities repositioning.
Bank Dhofar Reports 12.5% Rise in FY2024 Net Profit to OMR 43.61 Million as Fitch Outlook Turns Positive
Bank Dhofar posted FY2024 net profit of OMR 43.61 million, up 12.5% year-on-year, with fee income rising 16.2% while Fitch affirmed its BB rating and revised the outlook to positive in January 2025.