‘We recorded an excellent net profit of 1 018 million euros in the second quarter of 2025. Compared to the result for the previous quarter, our total income benefited from several factors, including the sharp increase in net interest income, higher insurance income, better trading and fair value income and the seasonal peak in dividend income, while net fee and commission income – though still at a high level – was down somewhat quarter-on-quarter.
Our loan portfolio continued to expand, increasing by 2% quarter-on-quarter and by 7% year-on-year. Customer deposits – excluding volatile, low-margin short-term deposits at KBC Bank’s foreign branches – were also up 2% quarter-on-quarter and 7% year-on-year.
Related Questions
What guidance is management providing for Q3 and full‑year 2025 earnings?
What is the impact of the slight decline in net fee and commission income on overall profitability?
What are the margins on the expanding loan portfolio and are credit quality metrics stable?
How might the higher insurance and trading income components influence KBC's earnings mix moving forward?
What macro‑economic factors could pressure KBC's loan demand or interest rate environment in the near term?
How will the strong net profit of €1,018M affect KBC's valuation and price target?
Are there any changes in the composition or risk profile of customer deposits that could affect liquidity ratios?
What is the outlook for net interest income growth in the upcoming quarters?
How does KBC's loan growth (2% QoQ, 7% YoY) compare with peer banks in the Eurozone?
How sustainable is the seasonal peak in dividend income and can it be expected to recur?