Reuters
28 Oct 2026, 08:20 UTC · 1h ago
European banks beat forecasts with third-quarter profit
Impact · against what's priced in
European banks show continued earnings resilience and capital return agility. UBS's buyback acceleration provides a direct catalyst for EPS, while profit beats for DBK, BNP, and SAN suggest a higher floor for FY2026 earnings targets.
- UBSG+0.70
No priced-in read yet
- In context
The acceleration of the share buyback program directly increases EPS for remaining shareholders and signals strong capital management.
Read from the article alone
