Attijariwafa bank (ATW) investor relations material

Executive summary

• H1 2026 net banking income reached MAD 18.395bn, up 4.0% reported and 3.5% at constant exchange rates; net income attributable to shareholders was MAD 5.944bn, up 1.1%.

• Customer loans rose 11% to MAD 464.3bn and deposits rose 14% to MAD 553.8bn; cost of risk eased to 0.50%.

• GOAL 2030 priorities include pan-African leadership, digital and AI transformation, human-centered services, and a more integrated and resilient operating model.

Financial highlights

• Net interest income increased 8.2% and fees rose 3.6%; market income declined 3.2%.

• Operating income rose 3.3% to MAD 10.4bn; gross operating income increased 1.5% to MAD 11.620bn, while operating expenses rose 8.4% to MAD 6.774bn.

• Net income was MAD 7.057bn, up 2.3%; diluted EPS was MAD 27.63, versus MAD 27.32 in H1 2025.

• Total assets reached MAD 825.3bn, up 11.9%; consolidated shareholders’ equity was MAD 81.1bn, up 8.4%.

• Parent-company net income rose 8.7% to MAD 5.6bn; parent net banking income increased 4.0% to MAD 11.7bn.

Outlook and guidance

• GOAL 2030 targets accelerated digital and AI transformation, stronger pan-African leadership, an open and human-centered bank, and deeper integration and synergies across businesses.

• Strategic priorities include supporting major Moroccan projects and sustainable, profitable, inclusive growth across markets of operation.