Erste Group Bank Stock News

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.

Austrian bank Erste Group beat second-quarter expectations and raised its 2024 net interest income forecast on Friday, helped by higher interest rates in the euro zone and larger loan volume.