Broad-based growth across business lines and cost discipline improved profitability among leading European banks

Figure 1. European banks ranked by 1H2026 pre-tax profit

Pre-Tax Profit Growth (YoY)

1H 2026: +11.4%

1H 2025: 7.1%

Revenue Growth (YoY)

1H 2026: +6.7%

1H 2025: 0.4%

Cost-to-Income Ratio (%)

1H 2026: 48.4%

1H 2025: 50.4%

Loan Loss Provisions

1H 2026: +9.0%

Range: (27.4%) to +96.2%

Pre-Tax Profit ($, million)

Growth (YoY)

ROTE

Strong growth (≥30% YoY) Negative growth (<0% YoY) ▲ROTE improved YoY ▼ROTE declined YoY

Note: Figures above the chart represent the median for the group of ten leading European banks. All figures are consolidated group figures and relate to 1H2026 unless otherwise stated. Local-currency figures converted to USD using average 1H2026/1H2025 FX rates as reported. Growth figures based on local currency. ROTE = Return on Tangible Equity, except KBC which is ROE. Source: TABInsights