Attijariwafa bank (ATW) Q4 2025 earnings summary

Executive summary

• Achieved strong growth in 2025, with net banking income up 5.6% year-over-year to MAD 34.9 billion and consolidated net income up 14.4% to MAD 12.4 billion, driven by robust commercial activity and improved risk management.

• Net income group share rose 16.2% to MAD 10.6 billion, with return on average assets at 1.63% and return on average tangible equity at 22.8%.

• Completed the Ambitions 2025 strategic plan, exceeding key objectives and reinforcing leadership in African banking.

• Board proposes a dividend of MAD 22 per share for 2025.

Financial highlights

• Total consolidated assets reached MAD 795.5 billion (+9.5% year-over-year).

• Consolidated shareholders' equity stood at MAD 80.5 billion (+11.0%).

• Gross operating income was MAD 21.7 billion (+5.3%).

• Cost of risk decreased by 13% to MAD 3.7 billion.

• Earnings per share increased to MAD 49.48 from MAD 44.18.

Outlook and guidance

• Preparing a new strategic plan for 2026–2030, focusing on responsible, inclusive, and sustainable growth.

• Continued focus on digitalization, financial inclusion, and decarbonization initiatives.