Erste, AT0000652011

Erste Group stock: Loan target raised above EUR 290bn

Published on 10/30/2026 at 14:58 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Management raised its full-year lending outlook after strong nine-month customer growth. Erste Group stock traded at 108.50 euros in Frankfurt trading on Friday.

Growth and guidance improve

Erste Group reported net profit of 3.1 billion euros for the first nine months.
Return on tangible equity reached 20.9 percent, while the pro-forma CET1 ratio stood at 15.0 percent.
The Erste Bank Polska tender offer is scheduled to launch on November 2, with subscriptions starting November 3.

Erste, AT0000652011, Illustration mit AI erstellt.

Erste Group raised its full-year lending outlook after reporting strong customer growth in the first nine months of 2026. The company also upgraded selected revenue and efficiency targets while preparing its next step in Poland, according to Erste Group's release published on Friday, October 30.

Stronger customer business supports outlook

Loan volume including Erste Bank Polska increased 24 percent year to date to 287 billion euros. Management raised the full-year lending target above 290 billion euros, compared with previous guidance of approximately 290 billion euros.

Excluding Poland, net interest income is now expected to grow by more than 6 percent in 2026, up from the previous forecast of about 5 percent. Fee and commission income is projected to increase by around 10 percent, compared with the earlier range of 7 to 9 percent, while the cost-to-income ratio is expected to fall below 46 percent.

Profitability and Polish expansion

Net profit rose 20.6 percent year on year to 3.1 billion euros including Erste Bank Polska. Return on tangible equity reached 20.9 percent, while the pro-forma CET1 ratio stood at 15.0 percent. Risk costs remained moderate at 21 basis points, and the non-performing loan ratio improved to 2.3 percent.

Erste Group plans to launch its voluntary tender offer for Erste Bank Polska on Monday, November 2, with the subscription period starting November 3. The offer price is expected to be 713 Polish zloty per share, and settlement is anticipated in December 2026, subject to sufficient participation.

Stock advances from previous report

Erste Group stock traded at 108.50 euros on Lang & Schwarz at 14:39 CET on Friday, October 30, 2026. That compares with 105.50 euros cited in the previous relevant report on October 27, an increase of 2.84 percent. The comparison reflects the change between the two quoted prices and does not establish a causal link to the new company outlook.

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