KBC Group reports EUR 1.15 billion profit. KBC Group stock gains 1.18 percent

Published on 10/12/2026 at 09:16 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-half 2026 profit rose 9.00 percent year on year to EUR 1.71 billion. KBC Group stock costs EUR 122.88 on October 12, 2026 versus EUR 121.45.

Key points in brief

KBC Group reported EUR 1.15 billion net profit for the second quarter of 2026.
First-half 2026 net profit reached EUR 1.71 billion, up 9.00 percent year on year.
The stock was trading at EUR 122.88 at Lang & Schwarz on October 12, 2026, 1.18 percent above the October 9 Xetra close of EUR 121.45.
Deutsche Bank maintained a Hold rating with a EUR 119.00 price target on October 2, 2026.

Makroaufnahme von Euromünzen und feiner Banknotenstruktur im Detail — Makroaufnahme von Münzen und Banknotenstruktur, passend zum Finanzunternehmen KBC Group NV, ISIN BE0003565737, Illustration mit AI erstellt.

KBC Group (ISIN BE0003565737) was trading at EUR 122.88 at Lang & Schwarz on October 12, 2026 at 9:11 a.m. CEST, 1.18 percent above the Xetra close of October 9, 2026 at EUR 121.45. In a release dated September 30, 2026, KBC Group reported EUR 1.15 billion in net profit for the second quarter of 2026.

Profit reached EUR 1.15 billion

The result followed net profit of EUR 526.00 million in the first quarter of 2026 in the standardized financial data, putting second-quarter profit at EUR 1.15 billion. KBC Group said first-half 2026 net profit reached EUR 1.71 billion, up 9.00 percent year on year, while the fully loaded common equity ratio stood at 14.40 percent at the end of June.

The same release said net interest income rose 20.00 percent year on year in the second quarter of 2026, while the net interest margin reached 2.23 percent. The cost/income ratio for the first half of 2026 was 43.00 percent, compared with 46.00 percent for full-year 2025.

Three dated milestones for KBC

On September 15, 2026, KBC Group announced a service for more than 4 million customers in Belgium. On September 23, 2026, KBC Group set November 1, 2026, for the legal merger of 365.bank and CSOB.

The September 30 results release then added the current earnings milestone of EUR 1.15 billion in quarterly net profit. This chronology links customer reach, Central European integration and earnings generation without treating any single metric as a complete valuation case.

What does the merger change?

The November 1, 2026 legal merger transfers all 365.bank activities to CSOB, while both brands are expected to continue during the customer migration. The technical integration is scheduled for 2027, giving the event a defined operational timetable.

Analyst views remain mixed. According to Markets Insider on October 2, 2026, Deutsche Bank maintained a Hold rating and a EUR 119.00 price target. The target sits below the current Lang & Schwarz price, while the latest reported profit and capital ratios provide the fundamental counterweight.

Stock stays below its yearly high

KBC Group's market capitalization was EUR 48.3 billion as of October 9, 2026, and its primary listing is Euronext Brussels. The stock's current EUR 122.88 price leaves the market focused on whether earnings growth and the planned integration can support the valuation.

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