Stocks Market
Stocks Market
Attijariwafa Bank Posts Strong Q1 2026 Growth Amid Global Uncertainty
Attijariwafa Bank delivered a solid start to 2026, with net banking income climbing 2.9% year‑on‑year to MAD 9.3 bn. Strong deposit growth, a sharp fall in cost‑of‑risk and rising profitability indicators underline the bank’s resilience despite a volatile geopolitical backdrop.
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Key Highlights
- Net banking income (NBI) reached MAD 9.3 bn, up 2.9% YoY.
- Deposits grew 10.8% and loans rose 5.7% across all operating markets.
- Cost of risk fell 33.3% to MAD 609 m (0.51% of gross loan portfolio).
- Consolidated net profit amounted to MAD 3.5 bn (+5.5% YoY); shareholders' net profit was MAD 2.9 bn (+3.6%).
- Equity increased 9.9% to MAD 83.7 bn, strengthening the bank’s capital base.
- Return on assets (ROA) stood at 1.76% and return on equity (ROE) at 17.05%.
Morocco‑specific performance
In the Kingdom, NBI rose to MAD 5.7 bn (+2.1% YoY). Customer loans climbed 5.2% to MAD 293 bn, while deposits surged 9.0% to MAD 368 bn, confirming Attijariwafa Bank’s leading role as the top lender and savings collector in Morocco.