BAWAG Group today announces the successful completion of the acquisition of Knab, a bank based in the Netherlands. BAWAG Group will work with the Knab leadership team to continue growing the Retail and SME business in the Netherlands, while also providing the operational support and financial strength of a broader banking group. 

BAWAG Group released its results for the third quarter 2024, reporting a net profit of € 178 million, earnings per share of € 2.25, and a RoTCE of 24.0%. The operating performance of our business was strong with pre-provision profits of € 265 million and a cost-income ratio of 32.3%. This resulted in a net profit of € 520 million, € 6.58 earnings per share and a RoTCE of 23.9% for the first nine months 2024.  

BAWAG Group is pleased to announce that it has received all necessary regulatory approvals for the acquisition of Knab, a bank based in the Netherlands. The deal is expected to close within days.  

BAWAG Group today announces the signing of a transaction to acquire Hamburg based Barclays Consumer Bank Europe from Barclays Bank Ireland PLC.

We are proud that BAWAG was named the best bank in Austria in 2024 by Global Finance Magazine! On this occasion, CEO Anas Abuzaakouk provided insights into the retail banking roadmap, strategy and current priorities of the BAWAG Group.

BAWAG Group released its results for the first quarter 2024, reporting a net profit of € 167 million, € 2.11 earnings per share, and a RoTCE of 23.7%.

BAWAG Group’s shareholders approved the proposal from the Management Board as well as the Supervisory Board for a dividend of € 5.00 per share for the 2023 financial year. The dividend will be paid out on April 15, 2024, ex dividend day will be April 10, 2024.

BAWAG Group today announces the signing of a transaction to acquire 100% of the shares in Knab, from ASR Nederland N.V. (a.s.r.), for a consideration of € 510 million payable at closing.

BAWAG Group publishes the preliminary financial results for the full year 2023, reporting a net profit of € 683 million, earnings per share € 8.31, and an RoTCE of 25.0%. The operating performance of our business was strong with pre-provision profits of € 1,040 million and a cost-income ratio of 31.8%. For the fourth quarter 2023, BAWAG Group reported a net profit of € 177 million, earnings per share of € 2.15, an RoTCE of 25.7%, and a CIR of 32.0%.