KBC lifts interest income target again after Q3 profit beat

KBC Groep NV

13/11/2025 06:10

Nov 13 (Reuters) - Belgian bank and insurance group KBC KBC.BR lifted its annual guidance for the second time in three months on Thursday, expecting to reach 5.95 billion euros ($6.94 billion) of net interest income instead of the previously guided 5.85 billion.

The outlook raise comes as the lender reported a better-than-expected third-quarter profit, helped by an increase in interest income, insurance revenue and net fee and commission income.

The company posted a net profit of 1 billion euros ($1.2 billion) for the quarter, while analysts polled by it had expected 952 million euros on average.

($1 = 0.8575 euros)

(Reporting by Jakob Van Calster in Gdansk, editing by Milla Nissi-Prussak)

((jakob.vancalster@thomsonreuters.com;))