Attijariwafa bank (ATW) Q3 2025 earnings summary

Executive summary

• Net banking income rose 4.7% year-over-year to MAD 26.4 billion, driven by growth in deposits and loans across all geographies.

• Net income increased 13.4% to MAD 9.6 billion for the first nine months of 2025; group share up 14.9% to MAD 8.3 billion.

• Operating income grew 10% to MAD 14.1 billion, supported by an 18.7% reduction in cost of risk.

Financial highlights

• Consolidated deposits rose 8.6% and loans increased 5.4% compared to the same period in 2024.

• Shareholders' equity reached MAD 77.8 billion, up 11.4% year-over-year.

• Parent company net income for the period was MAD 6.7 billion, up from MAD 6.5 billion a year earlier.

• Parent company net banking income reached MAD 15.7 billion, compared to MAD 14.9 billion in 2024.

Outlook and guidance

• Improved risk and profitability ratios signal positive momentum for the remainder of the year.