KBC Ancora (KBCA) H2 2026 earnings summary

Executive summary

• Recorded a profit of EUR 389.4 million for FY 2025/2026, up from EUR 315.4 million year-over-year.

• Revenue reached EUR 396.9 million, mainly from dividends on KBC Group shares.

• Distributed an interim dividend of EUR 4.32 per share in June 2026; no final dividend will be paid.

Financial highlights

• Revenue increased to EUR 396.9 million from EUR 322.9 million year-over-year.

• Expenses totaled EUR 7.6 million, with operating expenses at EUR 3.5 million and financial expenses at EUR 4.1 million.

• Net profit for the last six months was EUR 315.0 million, up from EUR 241.5 million in the prior year period.

Outlook and guidance

• Expected to close FY 2026/2027 without financial debts after repaying a EUR 100 million loan maturing in May 2027.

• Anticipates sufficient liquidity to repay debt and continue dividend payments, with potential for share buybacks post-debt repayment.

• Projected expenses for FY 2026/2027: EUR 2.6 million (cost-sharing), EUR 3.5 million (interest), EUR 1.0 million (other operating).