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Eqdom H1 2026 Results: Auto Financing Surges 21.8% as Net Profit Dips 15%
Eqdom posted solid H1 2026 results with net production reaching 1.95 billion MAD (+3.2% YoY), driven by a 21.8% surge in automotive financing. While the net banking product grew 10.4% to 337.3 million MAD, net profit declined 15% to 61.3 million MAD as the company normalized risk costs after exceptional recovery actions in the prior year.
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Operational Performance Remains Strong
The Board of Directors of EQDOM convened on September 23, 2026, under the chairmanship of Mr. Moulay M'Hamed Elalamy, to review the company's activity and approve half-year 2026 accounts.
- Net Production: 1.95 billion MAD, up 3.2% year-over-year, driven primarily by a 21.8% jump in automotive financing.
- Healthy Customer Loans: Exceeded 10 billion MAD, reaching 10.4 billion MAD at end-June 2026, up 8.5% from 9.6 billion MAD at end-December 2025.
- Net Banking Product (PNB): 337.3 million MAD, advancing 10.4% compared to H1 2025.
- Net Profit: 61.3 million MAD versus 72.1 million MAD in H1 2025, a 15% decline attributed to the progressive normalization of risk costs following exceptional recovery actions in the prior-year reference period.
Strategic Outlook
EQDOM continues to deploy its 2026–2028 strategic plan, focused on building structural partnerships, transforming its operational and technological model, enhancing customer experience, and strengthening risk control across the entire value chain.