Global banking sector reports diverse nine-month financial results

Financial institutions across multiple regions reported varied performance for the first nine months of 2026. In Spain, major banks saw significant activity, with CaixaBank reporting a 12.9% increase in net profit to €4.962 billion, driven by commercial growth and customer acquisition. Santander and BBVA also recorded high earnings, while Banco Sabadell saw a slight profit reduction due to extraordinary costs.

In Ghana, MTN Ghana announced a $1.1 billion investment plan over three years to expand network infrastructure, including the deployment of 500 new cell sites. The Agricultural Development Bank (ADB) in Ghana reported a profit before tax of GH¢478.5 million, alongside significant growth in customer deposits.

Other notable regional results include Mashreq in the UAE, which reported a record pre-tax profit of $1.98 billion, and TECOM Group in Dubai, which saw a 10% increase in recurring net profit. In Malta, APS Bank nearly doubled its profits to €34.5 million, while BOV revised its profit guidance upwards. In India, ESAF Small Finance Bank reported its highest-ever quarterly profit, more than doubling its previous results.