Raiffeisen Bank stock: RBI adds detail to capital outlook

Raiffeisen Bank International reported stronger core earnings for the first nine months of 2026 and added more detail to its full-year capital outlook. The update was published by RBI on November 3 and is covered in the company's nine-month results release.

Raiffeisen Bank International's core-group profit excluding Russia rose 10 percent year over year to 1.127 billion euros from January through September. Main revenues increased 8 percent to 4.971 billion euros, while customer loans in the core group grew 8 percent from the end of 2025 to 109 billion euros.

Capital outlook gains importance

RBI's 2026 outlook covers the business excluding Russia and includes Garanti BBVA Group Romania. The bank expects net interest income above 4.5 billion euros, net fee and commission income of about 2.2 billion euros and a return on equity of about 13 percent.

The outlook assumes approval and settlement of the planned Addiko Bank takeover in the fourth quarter at an acceptance rate of 94.84 percent. RBI includes a one-off positive effect of about 310 basis points from that assumption in its consolidated return-on-equity outlook. It also expects a year-end CET1 ratio of about 14.5 percent under its stated Russia deconsolidation scenario.

Romania deal expands reach

RBI completed its acquisition of Garanti BBVA Group Romania at the beginning of November. The transaction includes Garanti Bank Romania and leasing company Motoractive IFN. RBI expects the businesses to be integrated into its existing Romanian bank in the second half of 2027.

Raiffeisen Bank International stock traded at 63.03 euros on Lang & Schwarz at 17:36 CET on Thursday, November 12, 2026.

The ATX provides the broader market backdrop for the Vienna-listed bank.

Further news and analysis on Raiffeisen Bank stock will focus on the Addiko approval process, Romanian integration and the effect of the acquisitions on capital.