Erste Group Bank Stock News

Investors and traders might focus on the reasons behind periods of decline or higher volatility in the stock market. But long-term investors have always needed to weather stock-market storms, regardless of political trends.

AB “Ignitis grupė” (hereinafter – the Group) announces that Erste Group Bank AG (hereinafter – Erste Group), an Austrian financial service provider with leading positions in Central and Eastern Europe, has initiated sponsored research of the Group's stock and published the initiation report.

Austrian lender Erste Group beat expectations regarding its operating profit on Friday as it released fourth-quarter results, on the back of higher net interest income.

Erste Group's strong CET1 ratio of over 15% and lack of exposure to Ukraine and Russia make it a well-capitalized and stable investment. The bank's net income increased by nearly 10%, driven by strong net interest and fee and commission income, despite higher loan loss provisions. Erste Group raised its full-year guidance, expecting net loan growth of 5% and fee and commission income growth of ...

7 October 2024, Erste Group, one off the largest banking groups in Central and Eastern Europe (CEE) region, has initiated sponsored research of AB Šiaulių Bankas at Buy rating and published the initiation of coverage research. Analysis suggests a target price of EUR 1.00.