KBC Group raises income guidance and KBC Group stock loses 1.00 percent

Published on 10/05/2026 at 17:14 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half profit was EUR 1.71 billion, up 9.00 percent year over year. KBC Group stock costs EUR 123.95 on October 5, 2026 after EUR 125.20.

Schwarzweiß-Reportagefoto einer Bankfiliale mit Kundenberatung am Schalter — Schwarzweiß-Reportage einer Bankfiliale mit Kundenberatung, thematisch verbunden mit KBC Group NV, ISIN BE0003565737, Illustration mit AI erstellt.

KBC Group raised its 2026 total income guidance to plus 11.00 percent year over year from at least plus 9.90 percent, while KBC Group stock was trading at EUR 123.95 at Lang & Schwarz on October 5, 2026 at 5:05 p.m. CEST, minus 1.00 percent versus the prior close of EUR 125.20. KBC Group reported the guidance change in its September 30, 2026 second-quarter release.

Guidance rises with first-half profit

KBC also raised its 2026 net interest income guidance to EUR 7.05 billion from at least EUR 6.725 billion. The release links the higher outlook to stronger net interest income, insurance revenue, trading income, fee income and seasonal dividend income.

Net profit reached EUR 1.15 billion in the second quarter of 2026. For the first half of 2026, profit totaled EUR 1.71 billion, up 9.00 percent from the year-earlier period, creating a clearer earnings base for the upgraded full-year outlook.

Capital and credit metrics support the outlook

KBC's net interest income increased 20.00 percent year over year in the second quarter of 2026, or 17.00 percent excluding the recent acquisitions of 365.bank and Business Lease. Customer loans grew 7.00 percent year over year organically, while customer deposits rose 4.00 percent on the same basis.

The first-half 2026 cost/income ratio was 43.00 percent, compared with 46.00 percent for full-year 2025. The fully loaded common equity ratio stood at 14.40 percent at the end of June 2026, and the first-half credit cost ratio was 0.11 percent excluding specified reserves and acquisition effects.

Analyst target remains below the quote

Markets Insider reported on October 2, 2026 that Deutsche Bank maintained a Hold rating and a EUR 119.00 price target. The target sits 3.99 percent below the Lang & Schwarz price, so the current quote remains above that cited valuation marker.

Market expectations are more varied: the same report cited an average target of EUR 136.22, while KBC's upgraded income outlook provides the main operating counterweight to the neutral Deutsche Bank view.

Stock trades before November results

KBC Group stock was trading at EUR 123.95 at Lang & Schwarz on October 5, 2026 at 5:05 p.m. CEST, down EUR 1.25 from the prior close of EUR 125.20. The primary listing is on Euronext Brussels, where the ticker is KBC, and the next reporting date is November 12, 2026, for the third quarter of 2026, according to Yahoo Finance.

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