N26 reports lower customer growth than expected

15 Mwezi wa saba, 2026

Imeripotiwa na AI

The Berlin-based neobank N26 grew more slowly than planned in 2025. The number of revenue-relevant customers rose 16 percent to 5.6 million.

N26 has released its business figures for 2025. Customer growth fell short of expectations according to management. Gross revenues reached 498.1 million euros, up 18 percent, yet remained 11 percent below plan.

Profit came in at 1.6 million euros. The previous year the company had recorded a loss of 42 million euros. Lower administrative expenses drove the improved result.

Revenue-relevant customers are those who have completed all account opening steps and maintain an open N26 bank account.

Makala yanayohusiana

Nubank reports revenue above US$5 billion in Q1

Nubank released record results for the first quarter of 2026 on Thursday, with revenue above US$5 billion and net profit of US$871 million.

Capitec grows business banking with new accounts and clients

12 Mwezi wa saba, 2026 Imeripotiwa na AI

Capitec reported strong growth in its business banking division for the financial year ending February 2026. The bank added clients and launched a new account for informal businesses. CEO Graham Lee highlighted lessons from past service issues.

Africa

Ahadu Bank reports 94 percent profit increase to 1.15 billion ETB

India

Q1 earnings show double-digit growth for Indian firms

America

Banco do Brasil profit falls 54% to R$3.4 billion in first quarter

Nifty 50 companies face muted profit growth amid cost pressures

Nifty 50 firms expect double-digit revenue growth for the June 2026 quarter but project only single-digit profit increases due to rising costs. Input cost inflation and higher crude prices are squeezing margins across sectors.

Intesa Sanpaolo reports record Q1 net income of €2.8 billion

21 Mwezi wa tano, 2026 Imeripotiwa na AI

Intesa Sanpaolo posted a record net income of €2.8 billion for the first quarter of 2026. The result delivered a 25 percent return on tangible equity while pre-provision income rose 9 percent from a year earlier. The bank remains on track to meet its medium-term financial targets according to recent analysis.

Largecaps lead profit growth in March 2026 quarter

Large companies recorded stronger net profit growth for the March 2026 quarter, supported by one-off gains. Mid and small-cap firms showed more resilient revenue expansion despite slower overall trends.

Alhamisi, 23. Mwezi wa saba 2026, 12:54:57