Belgium's KBC Ancora interim profit rises

Kbc Ancora NV

30/01/2026 16:49

Overview

Belgium investment firm's interim profit rises slightly to EUR 74.4 mln

Company's profit driven by EUR 77.5 mln dividend income from KBC Group stake

Operating costs and interest charges slightly lower than previous year

Outlook

Company estimates total expenses for full financial year 2025/2026 at approximately EUR 7.6 mln

KBC Ancora plans to pay out 90% of recurring result as interim dividend

Result Drivers

DIVIDEND INCOME - Profit driven by EUR 77.5 mln dividend from KBC Group stake

LOWER INTEREST CHARGES - Interest charges decreased by EUR 0.2 mln compared to previous year

STABLE OPERATING COSTS - Operating expenses remained in line with previous year at EUR 1.5 mln

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
H1 Operating Expenses
EUR 1.50 mln


Analyst Coverage

The one available analyst rating on the shares is "buy"

The average consensus recommendation for the investment holding companies peer group is "buy"

Wall Street's median 12-month price target for Kbc Ancora NV is €85.00, about 10.5% above its January 29 closing price of €76.90

The stock recently traded at 14 times the next 12-month earnings vs. a P/E of 14 three months ago

Press Release: ID:nGNE9bW11y

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)