BAWAG Group Hosts Investor Day, Unveils Ambitious Targets for 2027

BAWAG Group, a leading European bank, recently hosted its second Investor Day following its IPO in October 2017. The event provided an opportunity for the company to take stock of its achievements and outline its strategic plans for the future. Following over seven years as a public company, BAWAG Group has positioned itself as one of the most profitable and efficient banks in Europe, with a strong financial foundation to support its customers and local communities.

At the Investor Day, BAWAG Group presented its financial and non-financial targets for 2025, which it has already surpassed in 2023. The team expressed pride in delivering on their commitments and emphasized their focus on positioning the franchise for growth. The company outlined a new set of medium-term financial targets, aiming to generate over €2.7 billion in net profit from 2025 through 2027. This ambitious target reflects BAWAG Group's confidence in its ability to continue growing and delivering value to its stakeholders.

BAWAG Group's CEO, Anas Abuzaakouk, commented on the company's performance and future plans: "Our past year was a record year, and we stand as one of the best performing European banks, an achievement that has been years in the making and a tremendous source of pride for our team. However, our best years lie ahead. Our goal is '1+1' in 2027: We are targeting net profit > €1 billion in 2027 while also generating excess capital > €1 billion through 2027. The resilience of our franchise lies in our ability to deliver results across all cycles as we are built for all seasons. Going forward, we will be able to deliver continued positive operating leverage with significant revenue growth while keeping our cost discipline."

The company also announced its targets for 2025, including a net profit of >€800 million and a return on tangible common equity (RoTCE) of >20%. BAWAG Group aims to achieve a cost-income ratio (CIR) of <34% by 2027, demonstrating its commitment to maintaining a strong balance sheet, solid capitalization levels, low balance sheet leverage, and conservative underwriting.

BAWAG Group's Investor Day provided valuable insights into the company's strategic direction and ambitious targets for the coming years. The event highlighted the bank's strong performance, resilience, and commitment to delivering value to its stakeholders. As the company continues to grow and adapt to the changing financial landscape, investors can expect BAWAG Group to remain a key player in the European banking sector.