NET INCOME GROUP SHARE OF EUR 266 MILLION, UP 21.2% VS. Q1 2025 RETURN ON TANGIBLE EQUITY (ROTE) AT 13.9% VS. 11.0% IN Q1 2025 EPS 1 AT EUR 0.31 UP 29% VS. Q1 2025
NET INCOME GROUP SHARE OF EUR 266 MILLION, UP 21.2% VS. Q1 2025 RETURN ON TANGIBLE EQUITY (ROTE) AT 13.9% VS. 11.0% IN Q1 2025 EPS 1 AT EUR 0.31 UP 29% VS. Q1 2025
France ’s economy failed to grow in the first quarter, displaying vulnerability to stagflationary threats emanating from the Iran war. Gross domestic product was unchanged from the final three months of 2025, dragged down by trade and weak domestic demand, the Insee statistics agency said. That follows expansion of 0.2% in the previous period, and falls short of the 0.2% median estimate of analyst...
France ’s economy failed to grow in the first quarter, displaying vulnerability to stagflationary threats emanating from the Iran war. Gross domestic product was unchanged from the final three months of 2025, dragged down by trade and weak domestic demand, the Insee statistics agency said. That follows expansion of 0.2% in the previous period, and falls short of the 0.2% median estimate of analysts surveyed by Bloomberg. Thursday’s data kick off a busy morning of releases from the euro area’s top economies, culminating in a reading for 21-nation bloc itself that’s set to show steady growth of 0.2%. The numbers saw the euro hold earlier losses to trade 0.1% lower at $1.1661. Covering only the first month of fighting in the Middle East, however, the reports don’t reflect the full extent of the slowdown taking hold in Europe as soaring energy costs ripple through the economy, curbing activity and driving inflation up by the most since 2022. The European Central Bank , which is expected to hold interest rates at 2% later in the day, is still calibrating its response to the economic consequences of the conflict, though markets reckon it will hike in June, and twice more by year-end. Some tightening may prove necessary as surveys indicate the price expectations of firms and households are jumping . An inflation reading for the euro zone, due alongside GDP, is likely to show an acceleration to 3% from 2.6% in March. Steeper gains in prices risk further crimping output. France and Italy have already trimmed their outlooks for growth, while Germany has halved its forecast for 2026 to 0.5%. European Commission President Ursula von der Leyen has warned the damage will be felt for years. For now, France’s data revealed the economy was already held back by a 0.1% decline in consumer spending in the first quarter and a 0.7% drop in household investment. Business investment also fell 0.2% after stagnation at the end of 2025. Net trade made a 0.7% negative contribution to GDP as ex...
Are you feeling like you're way behind where you should be, not having planned much or at all for retirement and perhaps not saved much, either? Well, you're not alone. Check out these findings, from the 2026 Retirement Confidence Survey: Amount in Savings and Investments* Percentage of Workers Continue reading
Are you feeling like you're way behind where you should be, not having planned much or at all for retirement and perhaps not saved much, either? Well, you're not alone. Check out these findings, from the 2026 Retirement Confidence Survey: Amount in Savings and Investments* Percentage of Workers Continue reading
Samsung Electronics ( SSNLF ) reported an over eightfold jump in Q1 operating profit, beating analyst estimates and setting a new quarterly record, driven by solid growth in its semiconductor business. Its operating profit rose to 57.2T Korean won, ahead of the 55.28T won forecast by LSEG SmartEstimate, while revenue came in at 133.9T won versus expectations of 132.69T won. Profit surged more than...
Samsung Electronics ( SSNLF ) reported an over eightfold jump in Q1 operating profit, beating analyst estimates and setting a new quarterly record, driven by solid growth in its semiconductor business. Its operating profit rose to 57.2T Korean won, ahead of the 55.28T won forecast by LSEG SmartEstimate, while revenue came in at 133.9T won versus expectations of 132.69T won. Profit surged more than 750% from a year earlier, with revenue climbing about 70%, both marking record highs for the company. Division-wise, the Device Solutions Division posted a Q/Q sales increase of 86%, with the Memory Business setting an all-time high for quarterly revenue and operating profit. While, t he Device eXperience Division posted a QoQ sales increase of 19%, supported by the launch of new flagship smartphones. "In H2 2026, the Company expects server memory demand to remain strong as hyperscalers accommodate enterprises’ increasing adoption of AI and LLM services. Additionally, agentic AI is expected to accelerate growth in demand." the company said . More on Samsung Electronics Samsung Electronics Co., Ltd. 2026 Q1 - Results - Earnings Call Presentation Samsung: Q1 Profit Guide Well Ahead Of Consensus, Remains A Buy Samsung Brings AI And Hardware Refinements To S26 Samsung likely to end TV, appliance sales in China: report Samsung union says chip output drops sharply amid pay protests: report
archTIS Ltd (ASX:AR9, OTCQB:ARHLF) has delivered strong March quarter growth, with progress across its NC Protect and Spirion platforms, new defence wins and completion of a key US Department of Defense software project. archTIS has reported annual recurring revenue (ARR) of A$15.1 million...
archTIS Ltd (ASX:AR9, OTCQB:ARHLF) has delivered strong March quarter growth, with progress across its NC Protect and Spirion platforms, new defence wins and completion of a key US Department of Defense software project. archTIS has reported annual recurring revenue (ARR) of A$15.1 million...
Taiwanese officials have accused firms in China of attempting to evade import restrictions by rerouting vegetables through neighbouring Vietnam Taipei has accused China of smuggling vegetables into Taiwan via Vietnam in a bid to evade import restrictions, with officials vowing to crack down on a practice they say amounts to “origin washing”. Taiwan, which bans the importation of more than 1,000 Ch...
Taiwanese officials have accused firms in China of attempting to evade import restrictions by rerouting vegetables through neighbouring Vietnam Taipei has accused China of smuggling vegetables into Taiwan via Vietnam in a bid to evade import restrictions, with officials vowing to crack down on a practice they say amounts to “origin washing”. Taiwan, which bans the importation of more than 1,000 Chinese agricultural and fishery products, said firms in China were evading restrictions by rerouting vegetables like Napa cabbage and shiitake mushrooms through neighbouring Vietnam. Continue reading...
agsandrew/iStock via Getty Images Cognex Corporation ( CGNX ) is set to report Q1'26 earnings on May 6, 2026, after market close, with significant analyst optimism going into earnings with 14 upward revisions and 0 downward revisions to EPS estimates in the last 90 days. With a growing market opportunity for machine vision underpinned by increased manufacturing productivity and autonomous systems,...
agsandrew/iStock via Getty Images Cognex Corporation ( CGNX ) is set to report Q1'26 earnings on May 6, 2026, after market close, with significant analyst optimism going into earnings with 14 upward revisions and 0 downward revisions to EPS estimates in the last 90 days. With a growing market opportunity for machine vision underpinned by increased manufacturing productivity and autonomous systems, I have reason to believe that Cognex will be a major participant in the reindustrialization of North America, delivering strong growth across small- to large-scale manufacturers. With a robust start to the year in the manufacturing sector, I am more optimistic about Cognex's growth trajectory for eFY26, estimating earnings to come in above the midpoint guidance of $0.24/share; I am recommending CGNX shares with a Strong Buy rating with a price target of $80/share at 30.84x eFY28 EV/aEBITDA. Financial Estimates & Guidance Cognex Operational Outlook and Market Opportunity The ISM-PMI Manufacturing Index has printed 3 consecutive months in expansionary territory, starting 2026 with strong footing. Core indicators from the index include robust new orders, production, supplier deliveries, and backlog of orders, all exhibiting strong expansions in recent months, suggesting durability in growth in the manufacturing sector. Offsetting these figures include employment and inventories, which may suggest productivity is up while potentially leveraging more autonomous systems to enhance productivity. A major offset is price inflation, which printed a significant expansion at 78.3% in March 2026, telling me that manufacturers may need to focus on driving down costs in order to maintain profitability. This can be a good sign for Cognex for its inspection tools, automating a critical component of the manufacturing process to ensure quality production. At the global scale, industrial manufacturing was forecast for modest growth for 2026, which can potentially shift over the coming months ...
ING Group press release ( ING ): Q1 four-quarter rolling average return on tangible equity of 13.9%; CET1 ratio of 13.0%. "We announce a share buyback programme of €1.0 billion as we continue to return capital in excess of our ~13% target to our shareholders." Total income of €5.82B (+3.2% Y/Y) misses by €40M . Outlook for 2026 and 2027 : We confirm our outlook for 2026 and 2027. Based on current ...
ING Group press release ( ING ): Q1 four-quarter rolling average return on tangible equity of 13.9%; CET1 ratio of 13.0%. "We announce a share buyback programme of €1.0 billion as we continue to return capital in excess of our ~13% target to our shareholders." Total income of €5.82B (+3.2% Y/Y) misses by €40M . Outlook for 2026 and 2027 : We confirm our outlook for 2026 and 2027. Based on current assumptions and scenarios, we expect a total income of around €24 billion in 2026. This outlook is supported by volume growth and an anticipated 5-10% increase in fee income. Total operating expenses (excluding incidental cost items) are projected to be in the range of €12.6-€12.8 billion in 2026. For the full year 2026, we expect an effective tax rate of 29-31%. We maintain our CET1 capital ratio guidance at ~13%. The return on tangible equity (ROTE) is expected to exceed 14% for full-year 2026. For 2027, we expect total income to exceed €25 billion, including more than €5 billion in fee income. And we anticipate operating expenses (excluding incidental cost items) of around €13 billion, an effective tax rate of 29-31% and an ROTE above 15%. We maintain our CET1 capital ratio guidance at ~13%. More on ING Group ING Groep: Higher Rates In Europe Can Provide Attractive Upside Potential ING Groep N.V. (ING) Shareholder/Analyst Call - Slideshow ING Groep: I Like The Stock, But Not At This Price ING calls off sale of Russian bank, plans to exit Russia EU expected to postpone boost in bank capital requirements - report
(RTTNews) - BNP Paribas SA (BNP.L, BNP.PA, BNP.DE) reported first quarter net income, Group share, of 3.22 billion euros, up by 9.0% from a year ago. RoTE stood at 12.8%, for the quarter.
(RTTNews) - BNP Paribas SA (BNP.L, BNP.PA, BNP.DE) reported first quarter net income, Group share, of 3.22 billion euros, up by 9.0% from a year ago. RoTE stood at 12.8%, for the quarter.
Earnings Call Insights: Pulmonx (LUNG) Q1 2026 Management View "Pulmonx delivered total worldwide revenue of $20.6 million in the first quarter of 2026" and "we remain confident in our ability to achieve our previously communicated revenue guidance of $90 million to $92 million for the full year 2026 with a return to global growth in the back half of this year" (CEO, President & Director Glendon F...
Earnings Call Insights: Pulmonx (LUNG) Q1 2026 Management View "Pulmonx delivered total worldwide revenue of $20.6 million in the first quarter of 2026" and "we remain confident in our ability to achieve our previously communicated revenue guidance of $90 million to $92 million for the full year 2026 with a return to global growth in the back half of this year" (CEO, President & Director Glendon French). "We have filled with top talent all our sales leadership positions and substantially all our U.S. field sales roles" and "sales turnover has stabilized over the last 6 months" as the company narrows sales priorities under its "near-to-far approach" (CEO French). "Our CONVERT II pivotal trial is progressing well" and "we are highly confident in our ability to complete enrollment of this trial in 2027" to "expand our total addressable market by approximately 20% globally" (CEO French). "We executed a broad cost reduction initiative in the first quarter" and "we remain on track to deliver meaningful operating leverage and lower cash burn" (CEO French). "Total worldwide revenue in the first quarter of 2026 was $20.6 million" and "the decline in revenue was fully attributable to the absence of sales to our distributor in China" while "excluding China" international markets "grew 22%" year-over-year (CFO & COO Derrick Sung). "We closed on a $60 million credit facility with a 5-year interest-only structure" that "extend[s] the maturity of our existing debt out to 2031" and provides "access to an additional $20 million in undrawn capital subject to certain revenue milestones" (CFO Sung). Outlook "We are reiterating our full year 2026 revenue guidance of $90 million to $92 million" (CFO Sung). "Our guidance contemplates sequential quarterly improvement in our year-over-year revenue trend with a return to year-over-year growth in both our U.S. and international businesses in the back half of the year" (CFO Sung). "In the U.S., we expect our recently filled sales positions and...
China’s biggest maker of solar equipment wants to grow its batteries business to a similar size. “We hope that within about five years, the scale of our energy storage business will be comparable to that of our solar business,” Zhong Baoshen , chairman of Longi Green Energy Technology Co. , said on an earnings call following the company’s fifth consecutive quarterly net loss. After more than two y...
China’s biggest maker of solar equipment wants to grow its batteries business to a similar size. “We hope that within about five years, the scale of our energy storage business will be comparable to that of our solar business,” Zhong Baoshen , chairman of Longi Green Energy Technology Co. , said on an earnings call following the company’s fifth consecutive quarterly net loss. After more than two years of financial misery, Chinese solar manufacturers are still racking up the losses despite efforts to speed consolidation and diversify operations. Longi’s peers, including JA Solar Technology Co. , Jinko Solar Co. , Tongwei Co. and Trina Solar Co. , all ended the quarter once again in the red. Demand for large-scale batteries has boomed as renewable energy runs up against the limitations of the sun and wind’s intermittency. But the rapid buildout of capacity has stoked concerns that energy storage could face the same crisis that has beset solar, where overcapacity and cutthroat pricing have crushed earnings. The government has already summoned the country’s leading battery makers twice this year to warn them against making the same mistakes that have damaged other renewables industries. (The solar industry, by the by, has been hauled before the authorities at least three times over the same period.) Fierce Competition Zhong acknowledged that “competition is becoming increasingly fierce” but said leading solar companies have advantages in terms of existing know-how, branding and sales channels. Longi is a latecomer to the sector. Its target this year is to sell 6 gigawatt-hours of battery systems. Trina is ahead, with shipments last year more than doubling to over 8 gigawatt-hours, and over 60% of that coming from overseas markets. In its annual results, Trina said it had more than 12 gigawatt-hours of foreign orders pending at the end of 2025. That momentum is likely to endure as war in the Middle East fans the world’s disavowal of fossil fuels. “Looking at the broader ...