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Investing.com -- BAWAG stock gained 4% after the Austrian bank reported third quarter results that showed stable performance despite a slight miss on net interest income.
The bank’s net interest income came in 1% below company consensus and Visible Alpha expectations, while fee income performed better than anticipated, exceeding forecasts by 3%. Overall revenues remained flat quarter-over-quarter, with expenses aligning with market expectations.
Loan loss provisions matched company consensus, resulting in profit before tax coming in approximately 1% above expectations. The bank’s CET1 capital ratio was 23 basis points higher than consensus estimates, demonstrating solid capital strength.
BAWAG maintained its full-year 2025 guidance and strategic targets unchanged. The threshold for excess capital distribution for 2025 remains at above 13.0%, signaling confidence in the bank’s financial position despite the slight revenue miss.
The Austrian lender’s balanced performance across different revenue streams appears to have reassured investors, contributing to today’s positive stock movement despite the net interest income shortfall.
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