Mapfre reported EUR 136 million Brazil profit as Mapfre stock stayed flat

Published on 10/09/2026 at 11:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half result reached EUR 624 million, up 9.40 percent year over year. Mapfre stock costs EUR 4.25 on October 9, 2026, unchanged.

Key points in brief

Mapfre reported EUR 136 million in Brazil profit for the first half of 2026, up 4.30 percent year over year.
First-half group attributable result reached EUR 624 million, up 9.40 percent year over year.
Mapfre stock was trading at EUR 4.25 at Lang & Schwarz on October 9, 2026, unchanged versus the prior close.
Renta 4 kept a Hold rating and raised its target to EUR 4.59 on September 29, 2026.

Geometrisches Bauhaus-Poster mit Versicherungsmotiv, thematisch zu Mapfre S.A. (ES0124244E34) — Bauhaus-Poster mit geometrischen Formen repräsentiert die Branche von Mapfre S.A., ISIN ES0124244E34, grafisch, Illustration mit AI erstellt.

Mapfre (ISIN ES0124244E34) reported EUR 136 million in Brazil profit during the first half of 2026, up 4.30 percent year over year, while Mapfre stock was trading at EUR 4.25 at Lang & Schwarz on October 9, 2026, unchanged versus the prior close. Democrata reported the Brazil contribution on October 4, 2026.

Three milestones shape the picture

Mapfre's investor-relations page dated July 24, 2026, showed first-half premiums of EUR 16.13 billion, up 1.10 percent, and an attributable result of EUR 624 million, up 9.40 percent. The same update put the non-life combined ratio at 92.80 percent and the solvency ratio at 208.80 percent at the end of the first half. Mapfre published these figures in its investor materials.

On September 29, 2026, Renta 4 kept a Hold recommendation and raised its target from EUR 4.10 to EUR 4.59, according to Bolsamania. The new target lies 8.00 percent above the Lang & Schwarz price of EUR 4.25, using the same euro currency for both values.

What does Brazil mean for profit

Brazilian premiums reached EUR 2.25 billion in the first half of 2026, up 4.10 percent in reported terms, while return on equity stood at 25.10 percent. The non-life combined ratio in Brazil was 73.80 percent, giving the business a technical cushion against currency volatility and changes in interest rates, according to Democrata.

The next reporting dates

A financial calendar gives October 23, 2026, as the estimated date for Mapfre's third-quarter results, with the date published by finanzen.net. InvestPane lists October 29, 2026, as the next earnings date, giving investors two published calendar markers for the third-quarter update.

Mapfre stock stays at EUR 4.25

Mapfre stock was trading at EUR 4.25 at Lang & Schwarz on October 9, 2026 at 11:10 a.m. CEST, unchanged versus the Lang & Schwarz prior close of EUR 4.25 on October 8, 2026. The primary listing is BME under ticker MAP.MC, and the 52-week range is EUR 3.52 to EUR 4.62 as of October 9, 2026; market capitalization was EUR 13.0 billion. The further course of trading is shown by the continuously updated real-time quote of Mapfre stock.