GFT adds Middle East bank to CBMT network: GFT Technologies stock falls 2.37 percent

Published on 10/15/2026 at 13:17 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

GFT names Commercial Bank of Dubai for CBMT on September 30, 2026. GFT Technologies stock costs EUR 26.75 on October 15, 2026 versus EUR 27.40.

CBMT expands beyond Europe

Commercial Bank of Dubai joined the CBMT Network on September 30, 2026 as its first Middle East bank.
GFT recorded EUR 462.60 million in first-half 2026 revenue, up 5.00 percent year over year.
GFT Technologies stock trades at EUR 26.75 at 1:07 p.m. CEST at Lang & Schwarz on October 15, 2026, 2.37 percent below the Xetra close of October 14, 2026.

Schwarzweiß-Dokumentarfoto eines IT-Ingenieurs vor Screens mit Code und Finanzdaten — GFT Technologies DE0005800601 Schwarzweiß Reportage eines Entwicklers vor Monitoren mit Finanzdaten und Code, Illustration mit AI erstellt.

GFT Technologies stock trades at EUR 26.75 at Lang & Schwarz on October 15, 2026 at 1:07 p.m. CEST, down 2.37 percent versus the Xetra close of October 14, 2026 at EUR 27.40. The latest company event was Commercial Bank of Dubai joining the CBMT Network as its first Middle East bank on September 30, 2026, according to GFT Technologies.

CBD broadens the network

The partnership extends the Commercial Bank Money Token initiative beyond Europe and places GFT in a technical service role for the CBMT Sandbox. The sandbox explores tokenized commercial bank money for cross-border payments, trade settlement and treasury operations. The release states that the activities do not constitute a commitment to commercial launch.

The development gives GFT a concrete banking use case for its digital transformation business. The company serves banks, insurers and industrial customers, while its investor-relations page describes artificial intelligence, data solutions and platform modernization as strategic priorities. That page also lists more than 12,000 technology talents and operations across more than 20 markets, according to GFT Technologies.

What does the half-year imply?

GFT reported EUR 462.60 million of revenue for the first half of 2026, a 5.00 percent increase from the prior-year period, while pre-tax profit rose 26.00 percent to EUR 24.00 million. The figures and the confirmed 2026 outlook were reported by TickerGuard on October 3, 2026.

The operating picture is improving, but cash conversion remains an important counterpoint. Operating cash flow was negative EUR 1.00 million in the first half of 2026 despite EUR 17.10 million of net income, while net debt stood at EUR 75.00 million at June 30, 2026. For investors, the combination of profit growth and working-capital pressure matters more than the AI label alone.

Three dated company developments

On August 6, 2026, GFT reported first-half revenue of EUR 462.60 million and adjusted operating profit of EUR 32.60 million, according to TickerGuard. On September 29, 2026, GFT published an artificial-intelligence study based on 945 CIOs and CTOs in 19 countries, with 84.00 percent saying legacy-system limits had caused an AI project to be canceled, according to GFT Technologies. On September 30, 2026, Commercial Bank of Dubai became the first Middle East bank to join CBMT with GFT as a technical service provider.

Upcoming dates for investors

GFT's investor-relations calendar lists its Canada and United States roadshow through October 16, 2026, followed by the Q3 and nine-month interim communication on November 12, 2026. The reporting date is the next clearly scheduled company milestone.

Stock trades below the Xetra close

GFT Technologies stock was trading at EUR 26.75 at Lang & Schwarz on October 15, 2026 at 1:07 p.m. CEST, 2.37 percent below the Xetra close of October 14, 2026 at EUR 27.40. The primary market picture includes a 52-week range of EUR 13.86 to EUR 28.20 and a market capitalization of EUR 687.7 million as of October 15, 2026.

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