OVB (O4B) Q2 2026 earnings summary

Executive summary

• Brokerage income rose 9.3% year-over-year to €237.8 million in H1 2026, marking the highest half-year sales in company history.

• Client base expanded 3.9% to 4.99 million, and the number of financial advisors increased 3.8% to 6,653.

• All regional segments contributed to growth, with Central and Eastern Europe showing the strongest performance.

• Business operations launched in Luxembourg, expanding presence to 17 European countries.

Financial highlights

• EBIT increased 41.1% to €5.4 million compared to H1 2025; EBIT margin improved to 2.3% from 1.8%.

• Net income attributable to shareholders grew 96.2% to €5.8 million; EPS doubled to €0.41.

• Cash flow from operating activities rose to €17.8 million from €9.5 million year-over-year.

• Total assets grew 1.0% to €376.6 million; equity ratio at 24.4%.

• Dividend of €0.75 per share approved and paid in June 2026.

Outlook and guidance

• Full-year 2026 brokerage income forecast raised to €450–490 million (previously €430–470 million).

• EBIT guidance for 2026 remains at €10–15 million.

• Management expects further growth despite ongoing macroeconomic and geopolitical uncertainties.