# BAWAG Group AG Reports €248 Million Net Profit for Q3 2026

- URL: https://stocks.freetheai.org/news/bawag-group-ag-reports-248-million-net-profit-for-q3-2026-a8849a
- Published: 2026-10-19T05:00:23Z
- Category: earnings; sentiment: bullish; impact: high
- Symbols: [VIE:BG](https://stocks.freetheai.org/symbols/VIE-BG)
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BAWAG Group AG (VIE:BG) reported a third-quarter 2026 net profit of €248 million and earnings per share of €3.18. Core revenues rose 8% year-over-year to €599.1 million, backed by €497.2 million in net interest income and €101.9 million in fee and commission income. The bank achieved a return on tangible common equity of 26.9% and reduced operating expenses by 10% year-over-year to €180.5 million, bringing its cost-income ratio down to 29.8%.

The strong quarterly results brought nine-month net profit to €734.8 million, up 17% compared with the same period last year. Efficiency improvements and core revenue growth supported pre-provision profit of €425 million in the quarter. With a CET1 ratio of 17.1%, BAWAG Group AG maintains capital above the required ~17.0% threshold to fully self-fund its planned acquisition of PTSB. The bank also resumed dividend accruals based on 100% of third-quarter net profit, equivalent to €3.21 per share.

Investors will track the regulatory and court approvals required to finalize the PTSB transaction, which is expected to close between the fourth quarter of 2026 and the first quarter of 2027. BAWAG Group AG reconfirmed its full-year 2026 net profit target of over €960 million and plans to update its mid-term targets when presenting its year-end financial results.

## Key points

- BAWAG Group AG (VIE:BG) generated €248 million in Q3 2026 net profit, with core revenues rising 8% year-over-year to €599.1 million.
- Operating expenses declined 10% year-over-year to €180.5 million, driving the cost-income ratio down to 29.8%.
- The bank reconfirmed its full-year 2026 net profit target of more than €960 million after earning €734.8 million in the first nine months.
- A CET1 ratio of 17.1% leaves the bank positioned to self-fund its planned PTSB acquisition, expected to close in Q4 2026 or Q1 2027.
- Dividend accruals resumed at 100% of Q3 net profit, equal to €3.21 per share.

## Questions and answers

### What was BAWAG Group AG's net profit in Q3 2026?

BAWAG Group AG posted a net profit of €248 million for the third quarter of 2026, supported by core revenues of €599.1 million and lower operating expenses.

### What is BAWAG Group AG's full-year 2026 profit guidance?

BAWAG Group AG reconfirmed its full-year 2026 net profit target of over €960 million.

### When will BAWAG Group AG complete the PTSB acquisition?

The planned acquisition of PTSB received 91% shareholder approval and is awaiting court and regulatory approvals, with closing anticipated in Q4 2026 or Q1 2027.