Attijariwafa bank (ATW) Q2 2026 earnings summary

Executive summary

• H1 2026 net banking income rose 4.0% YoY to MAD 18.4bn; net income increased 2.3% to MAD 7.1bn, while net income group share grew 1.1% to MAD 5.9bn.

• Total assets reached MAD 825.3bn, up 11.9% from June 2025; consolidated shareholders’ equity was MAD 81.1bn, up 8.4%.

Financial highlights

• Operating income rose 3.3% to MAD 10.4bn; gross operating income increased 1.5% to MAD 11.6bn.

• Consolidated net interest margin was MAD 11.2bn versus MAD 10.4bn in H1 2025; net fee income reached MAD 3.6bn versus MAD 3.5bn.

• EPS was MAD 27.63, compared with MAD 27.32 in H1 2025; diluted EPS was also MAD 27.63.

• Parent-company net income rose 8.7% YoY 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, and inclusive growth across markets of operation.