BAWAG reports EUR 248 million Q3 profit as Bawag stock costs EUR 162.10

Published on 10/21/2026 at 10:47 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q3 net profit reached EUR 248 million, up 13.00 percent year over year. Bawag stock costs EUR 162.10 on October 21, 2026, below EUR 188.00.

Quarterly profit and capital guide Bawag

BAWAG Group posted EUR 248 million in third-quarter net profit on October 19, 2026.
Oddo BHF lifted its target from EUR 175.00 to EUR 188.00 on October 13, 2026.
Bawag stock traded at EUR 162.10 at 10:40 a.m. CEST at Lang & Schwarz on October 21, 2026.

Bawag, AT0000BAWAG2, Illustration mit AI erstellt.

Bawag (ISIN AT0000BAWAG2) reported EUR 248 million in net profit for the third quarter of 2026, up 13.00 percent from the prior-year period. The result arrived with a return on tangible common equity of 26.90 percent, according to Reuters on October 19, 2026. The bank also reconfirmed its 2026 net profit target of more than EUR 960 million.

Results support the 2026 target

BAWAG Group reported core revenues of EUR 599.10 million in the third quarter, an 8.00 percent year-over-year increase. Pre-provision profit reached EUR 424.50 million, up 20.00 percent, while the cost-income ratio improved to 29.80 percent from 36.10 percent a year earlier.

Risk costs were EUR 78.80 million, up 50.00 percent year over year, and the non-performing loan ratio was 1.00 percent. The CET1 ratio stood at 17.10 percent after a dividend accrual of EUR 3.21 per share, leaving more than EUR 1.0 billion of capital above the 12.50 percent target.

Three dated steps shape the story

On July 30, 2026, PTSB shareholders approved the planned acquisition with 91.00 percent support, according to BAWAG Group's presentation. On October 13, 2026, Oddo BHF raised its Bawag target from EUR 175.00 to EUR 188.00 while keeping its Outperform rating, as reported by Boerse Social. The current event followed on October 19, 2026, when BAWAG published its third-quarter results.

What comes next for the acquisition?

The planned PTSB transaction remains subject to court and regulatory approvals, with a potential closing in the fourth quarter of 2026 or first quarter of 2027. A High Court hearing was scheduled for October 27, 2026, according to Boerse Global. The transaction is the main capital-allocation issue alongside the bank's confirmed earnings target.

Stock price and investor context

Bawag's third-quarter figures combine double-digit profit growth with higher risk costs, making capital generation and the PTSB approval process the key variables for the next update.

Bawag was trading at EUR 162.10 at Lang & Schwarz on October 21, 2026, at 10:40 a.m. CEST.

The further course of trading is shown by the continuously updated real-time quote of Bawag stock.