BAWAG Group AG (BAWAG)
Wiener Börse · Financials · analysed October 12, 2026
BAWAG Group AG is an Austrian financial holding company headquartered in Vienna that provides retail, small business, corporate, and real estate banking services across Western Europe and the United States. Tracing its roots back to the founding of Arbeiterbank in 1922, the organization expanded through key domestic mergers before completing its initial public offering on the Vienna Stock Exchange in 2017. The group's current strategic focus centers on scaling its digital-first retail banking platform, enhancing operational efficiency, and pursuing disciplined expansion through targeted acquisitions across its core Western European and U.S. markets.
Executive summary
BAWAG Group AG is an Austrian retail and commercial bank distinguished by an ultra-lean operational architecture, delivering a cost-to-income ratio near 31 percent and an exceptional return on tangible common equity of 28.7 percent6,7. The group is currently executing a transformational cross-border M&A strategy, notably awaiting final regulatory clearances to acquire Irish retail lender Permanent TSB for 1.62 billion euros14. While balance sheet profitability and cash generation remain strong, the share price has appreciated over 160 percent over the past two years, leaving valuation relatively full as European Central Bank rate cuts pressure net interest margins.
Sources cited here, 3 of 30
- 6bawaggroup.com
- 7cfi.co
- 14ptsb.ie
Key figures
- Market cap
- $14B
- P/E, trailing
- 14.6
- P/E, next 12 months
- 13.6
- Revenue growth, last fiscal year
- 36.1%
- Net margin, last fiscal year
- 38.8%
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