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Attijariwafa bank (ATW) investor relations material
Attijariwafa bank Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Net banking income reached 9.3 billion dirhams, up 2.9% year-over-year, driven by strong savings collection and economic financing across all markets.
Consolidated net income rose 5.5% to 3.5 billion dirhams; group share net income increased 3.6% to 2.9 billion dirhams compared to Q1 2025.
Deposits and loans grew 10.8% and 5.7% respectively year-over-year, reinforcing leadership in savings and financing.
Financial highlights
Cost of risk dropped 33.3% to 609 million dirhams, representing 0.51% of gross customer loans, down from 0.82% a year earlier.
Consolidated equity increased 9.9% to 83.7 billion dirhams at March 2026.
Net banking income in Morocco rose 2.1% to 5.7 billion dirhams; customer loans and deposits in Morocco up 5.2% and 9.0% respectively.
Standalone net income for the period was 3.03 billion dirhams.
Outlook and guidance
Despite international geopolitical uncertainties, business momentum remains positive, supported by robust deposit and lending growth.
- 2025 saw double-digit net income growth, improved risk profile, and a higher dividend proposal.ATW
Q4 20252 Mar 2026 - Net income rose 13.4% to MAD 9.6 billion, driven by higher income and lower cost of risk.ATW
Q3 20258 Dec 2025 - Net banking income rose 16.6% to MAD 17.0 billion, with strong loan and deposit growth.ATW
Q2 202421 Aug 2025 - Net income surged 19.6% in H1 2025, with robust loan growth and digital banking leadership.ATW
Q2 202521 Aug 2025 - Net banking income surged 24.2% year-over-year, with robust growth in loans and deposits.ATW
Q1 202421 Aug 2025 - Net income group share up 35.7% in H1 2024, with strong growth and digital leadership.ATW
H1 202421 Aug 2025 - Net banking income up 15% and net income up 28.9%, with strong digital and capital growth.ATW
H2 202421 Aug 2025 - Net banking income and profitability rose sharply, driven by growth in loans, deposits, and market activities.ATW
Q3 202421 Aug 2025 - Net income rose 14.7% to MAD 3.3 billion, with strong growth in deposits and market activities.ATW
Q1 202521 Aug 2025
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