Revenue Growth Driven by Institutional Banking
Total revenue increased 10.1% year-over-year to $7.71 billion, led by a 17.1% rise in Wealth, Corporate, Commercial and Institutional Banking and a 5.7% increase in Payment Services, while Consumer and Business Banking revenue was flat.
Net Income Growth Outpaces Revenue
Net income rose 19.9% to $2.18 billion, driven by operating leverage and lower provisioning or one-off gains, resulting in net margin expansion to 28.2%.
Operating Cash Flow Surges
Operating cash flow for the first half of FY2026 reached $6.16 billion, up from $1.61 billion a year earlier, likely reflecting improvements in working capital or lower credit losses.