Barclays ups Erste Group on Eastern European growth prospects

Erste Bank AG

02/12/2025 10:53

** Barclays upgrades Erste Group ERST.VI to "overweight" from "equal-weight" on positive growth prospects in Central and Eastern Europe

** The broker sees 5% upside to net interest income for FY26/27 due to a growth in volumes and a stabilisation in net interest margin

** Barclays views Erste's shares as a relatively inexpensive way to gain exposure to solid growth momentum in the region

** The broker also sees Erste Group as preferred stock for recovery on a potential Russia-Ukraine peace deal

** Shares of Erste Group have gained 61.6% YTD

(Reporting by Simon Ferdinand Eibach)

((Simonferdinand.eibach@thomsonreuters.com))