In the first half of this year, Abanca’s business volume reached 134.073 billion euros, with an increase of 76,000 new clients, including 54,000 in Spain and 21,000 in Portugal, as revealed by the latest results.
The financial margin, which concerns the difference between the interest charged on loans and the remuneration of deposits, rose by 4.5% to 802.1 million euros.
As of the end of June, the bank’s return on equity stood at 14.6%, with the NPL (non-performing loan) ratio at 2.3%, compared to 15.2% and 2.3% at the end of March.
Until June, the group’s operational expenses rose by 18.4% compared to the same period last year, reaching 556.1 million euros.
Abanca reports maintaining a high level of capitalization, with a CET1 ratio, which measures the ability to absorb potential losses, reaching 13.2%, remaining stable since March, equating to 1.962 billion euros above the requirements.
The institution also highlights that the level of new credit granted reached over 9 billion euros in new formalizations, an increase of 47% year-on-year.
Client deposits rose by 15.5% year-on-year, amounting to 63.484 billion euros.
In the Eurobic operation alone, whose acquisition was finalized in July last year, profits reached 27.1 million euros in the first semester, resulting from a business volume of 12.646 billion euros.
At the end of June, Eurobic had 5.270 billion euros in client loans and 7.061 billion euros in deposits.
As of June 30, 2025, the Abanca group employed 8,317 workers and operated 889 branches, increases of 22.5% and 24.9%, respectively, compared to the same date the previous year.
