Banca March concluded the first half of 2026 with a net profit attributed of 194.8 million euros, which represents an advance of 137.8% compared to the same period of the previous year, driven by the contributions from the equity method of its stake in Corporación Financiera Alba (CFA). If these extraordinary effects are excluded, the result of purely banking activity stood at 81 million, 12% more.
"We are now starting a new stage of growth with a focus on internationalization, which will have as its main axis our future subsidiary in Luxembourg. The excellent results of this first semester, with a strong increase in service revenues, business volumes, and clients in our specialized areas of Private Banking and Business Banking, corroborate the solidity of our strategy," stated the CEO of Banca March, José Luis Acea.
Between January and June, the total revenues of the entity reached 385.4 million euros, which represents an increase of 47.7%. Within this figure, the interest margin was 162.4 million euros, 2.5% less, while service revenues advanced by 18%, supported by the dynamism of the areas of Private Banking and Business Banking.
As a consequence of this evolution, the operating result nearly doubled, reaching 223.3 million euros.
Digital boost and growth by segments
The entity has emphasized the progress of Avantio as a key piece of its digital strategy, with a 36% increase in the number of clients compared to June of the previous year.
In the Personal Banking segment, the client base grew by 16%, assets under management increased by 14%, and business volume rose by 13%. The assets in Discretionary Portfolio Management totaled 2.9 billion euros in June 2026.
Balance sheet evolution and solvency
In the balance sheet of Banca March, at the end of June 2026, the loan portfolio amounted to 10,868.7 million euros, 9.7% more than a year earlier. Customer deposits increased by 1.6%, reaching 14,246.5 million euros.
The business volume of Business Banking advanced by 25% in the first half of 2026. In addition, the business of promissory notes in the MARF distributed by Banca March closed the period with a balance of 2.8 billion euros.
The delinquency ratio decreased by 15 basis points, to 1.16%, while the CET1 capital ratio stood at 24.33%, compared to 25.45% recorded a year earlier.
The financial entity has indicated that, in the period 2023-2026, investment in technology will reach a total of 365.3 million euros, of which just over 100 million corresponds to the forecast for the current fiscal year.