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KBC Group NV (KBCSY)
OTHER OTC:KBCSY
Earnings Data
Report Date
May 12, 2026Before Open (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
―Last Year’s EPS
0.69Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed a strongly positive operational and financial performance for 2025: robust NII and NIM expansion, record asset management flows and AUM, disciplined costs, low credit costs and solid capital/solvency metrics. Management provided constructive medium‑term guidance (higher organic income growth, continued efficiency targets) and highlighted significant digital/AI productivity initiatives. Key risks and negatives include elevated and uncertain bank taxes, RWA/capital pressure from rapid volume and acquisition activity, a material software/goodwill impairment, margin pressures in some markets and sensitivity to deposit mix and pass‑through dynamics. On balance, the positive operating beats, strong guidance and capital measures outweigh the flagged uncertainties.Company Guidance
Strong Net Interest Income (NII) Growth
Q4 NII of EUR 1.608 billion, +5% vs prior quarter and +12% vs prior year; full‑year NII floor guided at >= EUR 6.725 billion (~+11% vs prior year). Net interest margin rose to 211 basis points, driven by replication portfolio performance, volume growth and shifts from term deposits to current/savings accounts.
Balanced Revenue Mix and Total Income Growth
Maintained a diversified split of ~50% NII / 50% non‑NII; total income increased 9% year‑on‑year, supporting resilience across bancassurance activities.
Record Asset Management Flows and AUM
Record gross sales EUR 16.5 billion and record net sales EUR 6.0 billion for 2025; assets under management reached a record EUR 300 billion. Fee & commission income EUR 725 million (+4% YoY).
Insurance Outperformance
Insurance revenues up 9% YTD (11% YoY referenced); combined ratio ~86.7% (better than guidance). Life insurance sales surged +26% in Q4, with a balanced split between unit‑linked and guaranteed products (each ~45% of production).
Strong Customer Money Inflows and Liquidity
Q4 customer money positive evolution +EUR 4.5 billion; full‑year inflows ~EUR 13.5 billion (including ~EUR 9 billion shift from term deposits to current/savings and record EUR 6 billion into investment products). Liquidity and replicating portfolio remain solid.
Cost Discipline and Efficiency Gains
Operating expenses grew 2.5% FY2025 vs 2024 (excluding bank taxes & FX) in line with guidance; cost/income ratio improved to ~41% (ex. bank taxes). FTE count reduced while revenues rose ~9% in 2025, delivering a >6% 'jaw' (6.4%).
Low Credit Costs and Asset Quality
Credit cost ratio 13 basis points (well below guided ceiling of 25–30 bps). Impaired loans ratio improved (KBC definition 1.8%; EBA‑aligned figure cited at 137 bps). PD migrations improved in H2 2025.
Robust Capital and Solvency Metrics
CET1 ratio stood at 14.9% post‑Q4 (pro forma including 365 & Business Lease expected to reduce by ~50 bps to ~14.4%); OCR 10.87%, MDA 10.91%, leverage ratio 5.6%, insurance Solvency II ~227%.
Ambitious Medium‑Term Guidance
Organic underlying income growth guidance: 2026 +6.8% (vs prior 5.3% baseline) and longer‑term top‑line growth guidance to ~7.7% by 2028 including acquisitions; organic OpEx growth guided ~3.4% (with cost/income target ~40% in 2026 and <38% longer term). Insurance midterm growth raised to 7.5%.
Digital & AI Productivity Gains (Kate 2.0)
Kate 2.0 (LLM‑based) increased autonomy to ~82% in Belgium (c.+20% vs prior version) and ~70% in Central Europe; Kate is equivalent to >400 FTEs and delivered ~400,000 independent sales. Mobility ecosphere launched with 73,000 early users. Planned tech/backbone investments: ~EUR 2 billion capex and ~EUR 1.5 billion OpEx over 3 years.
KBCSY Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
KBCSY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 12, 2026 | $71.93 | $69.17 | -3.83% |
Nov 13, 2025 | $63.66 | $63.23 | -0.67% |
Aug 07, 2025 | $53.78 | $57.15 | +6.26% |
May 15, 2025 | $47.43 | $47.66 | +0.47% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does KBC Group NV (KBCSY) report earnings?
KBC Group NV (KBCSY) is schdueled to report earning on May 12, 2026, Before Open (Confirmed).
What is KBC Group NV (KBCSY) earnings time?
KBC Group NV (KBCSY) earnings time is at May 12, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is KBCSY EPS forecast?
Currently, no data Available