Raiffeisen Bank stock: RBI keeps 2026 outlook after 9M profit rise
Published on 11/11/2026 at 18:51 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSProfit, acquisitions and outlook
- RBI reported stronger core-group earnings for the first nine months of 2026, excluding Russia.
- The Garanti BBVA Group Romania acquisition has closed, while the Addiko transaction still requires regulatory approvals.
- Investors are focused on integration, capital effects and the execution of RBI's full-year targets.
Raiffeisen Bank stock traded at 63.75 euros on Lang & Schwarz at 18:45 CET on Wednesday, November 11, 2026. That was 1.79 percent above the 62.63-euro quote in the latest relevant report published earlier the same day, a separate Lang & Schwarz comparison.
Raiffeisen Bank International reported the underlying business update on Tuesday, November 3. In its nine-month results release, the Austrian bank said consolidated profit in its core group excluding Russia reached 1.127 billion euros in the first nine months of 2026, up 10 percent from the same period of 2025.
Core earnings remain solid
Main revenues rose 8 percent year over year to 4.971 billion euros. Net interest income increased 7 percent to 3.347 billion euros, while net fee and commission income advanced 10 percent to 1.624 billion euros. Customer loans in the core group grew 8 percent from the end of 2025 to 109 billion euros.
RBI's CET1 ratio excluding Russia stood at 15.4 percent at the end of the third quarter. The non-performing exposure ratio was 1.5 percent, and impairment losses on financial assets reached 159 million euros in the first nine months. The provisioning ratio was 19 basis points.
Romania deal expands regional reach
RBI completed the acquisition of Garanti BBVA Group Romania at the beginning of November. The transaction covers Garanti Bank Romania and leasing company Motoractive IFN. RBI plans to integrate the operations into its existing Romanian bank in the second half of 2027.
The planned takeover of Addiko Bank had reached an acceptance rate of 94.84 percent as of November 2 at 17:00 CET. Regulatory approvals are still required, while RBI now expects to retain all Addiko subsidiaries after the proposed carve-out became unlikely.
Execution shapes the outlook
For 2026, RBI expects net interest income above 4.5 billion euros and net fee and commission income around 2.2 billion euros. General administrative expenses are expected at around 3.9 billion euros, implying a cost-to-income ratio of around 55 percent. Management targets a consolidated return on equity of around 13 percent and customer-loan growth of around 9 percent excluding acquisitions.
That outlook includes Garanti and assumes regulatory approval and settlement of the Addiko transaction in the fourth quarter. The main investor questions now concern integration costs, capital effects and the timing of the remaining approvals.
Austria's ATX market environment provides the broader backdrop for Austrian financial stocks.
More news and analyses on Raiffeisen Bank stock.
Raiffeisen Bank International
- Company: Raiffeisen Bank International AG
- ISIN: AT0000606306
- Lang & Schwarz quote: 63.75 euros at 18:45 CET on November 11, 2026
- Reporting period: First nine months of 2026
- Core-group profit excluding Russia: 1.127 billion euros
- CET1 ratio excluding Russia: 15.4 percent at the end of the third quarter
