Multitude will report its Q2'26 results this Thursday. Consumer Banking interest income is expected at € 42.8m (-15% yoy, +4.5% qoq; eNuW), with the first sequential growth since Q4'24, though still impacted by divestments from FY25. SME Banking should post interest income of € 9.2m (+6% yoy, +4.2% qoq; eNuW), while Wholesale Banking is seen at € 7.8m (+70% yoy, +12.6% qoq; eNuW), driven by continued expansion of the secured debt book. The unit's loan portfolio was recently strengthened by a € 16m facility to UAB Nordecum, a Lithuanian digital consumer lender. Its contribution to Q2 should only be marginal, however, as the deal was announced on 17 June. At group level we expect interest income of € 59.8m (-6% yoy, +5% qoq; eNuW).
LÄS MER