BAWAG Group AG/€BG

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About BAWAG Group AG

BAWAG Group AG is an Austrian banking institution headquartered in Vienna, focused on providing a wide range of financial services. Known primarily for its retail and corporate banking operations, the group offers products such as current accounts, savings accounts, loans, mortgages, and investment services. Established in 1922, BAWAG has evolved through significant mergers and acquisitions, enhancing its market presence across Austria and neighboring countries. Its strategic focus includes a commitment to digital banking solutions and efficient cost management, seeking to deliver robust customer experiences while optimizing operational performance. The group's geographical footprint spans both domestic and selective international activities, reflecting its strategic aim to expand its financial services across Europe.
Ticker
€BG
Sector
Finance
Primary listing
VSE
Employees
3,417
Headquarters
Vienna, Austria

BAWAG Group AG Metrics

BasicAdvanced
€14B
15.51
€11.43
0.77
€6.25
1.24%

Bulls say / Bears say

BAWAG delivered strong Q2 2026 earnings, with net profit up 21% year over year to €255 million, RoTCE of 28.7%, and a cost-income ratio of 31.0%, indicating continued high profitability and operating discipline. (LSE RNS)
The proposed PTSB acquisition could materially expand BAWAG’s scale and geographic diversification: management expects more than €100 billion of assets and over five million customers across seven countries after completion. (Reuters)
BAWAG entered the transaction process with substantial capital capacity: its Q2 CET1 ratio was 17.4%, representing approximately €1.05 billion of excess capital above its 12.5% target. That buffer supports balance-sheet growth while preserving regulatory resilience. (LSE RNS)
The planned €1.619 billion all-cash acquisition of Permanent TSB would consume substantial capital and could reduce BAWAG’s flexibility for dividends, buybacks, or other growth investments, even though management says the transaction is self-funded. (Reuters)
PTSB shareholder approval is an important milestone, but the acquisition still requires High Court and regulatory approvals, with the court hearing expected in the fourth quarter of 2026; delays or conditions could postpone expected benefits. (Reuters)
Risk costs rose to €75 million in Q2 2026 from €65.2 million in Q1, partly reflecting growth in unsecured lending and updated macroeconomic assumptions. This creates downside risk if consumer-credit losses or geopolitical pressures worsen. (LSE RNS)
Data summarised monthly by Lightyear AI. Last updated on 10 Sept 2026.

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