Renault affiliate Mobilize Financial Services posts 14.5% rise in H1 pretax profit to EUR 703 million

Reuters2026/07/30 16:12

By:Reuters

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Renault’s Mobilize Financial Services lifted new financing volumes 4.6% in H1 2026 to EUR 11.6 billion, driven by higher penetration and used-vehicle momentum.
Pre-tax profit rose 14.5% to EUR 703 million; net banking income increased 11.8% to EUR 1.27 billion on margin gains, larger outstandings.
Average earning assets grew 5% to EUR 61.8 billion; operating costs totaled EUR 406 million.
Cost of risk worsened to 0.47% of average earning assets from 0.38% a year earlier.
Funding included EUR 3.15 billion of euro senior bond issuance, including a EUR 750 million green tranche; deposits reached EUR 30.6 billion.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Renault SA published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607301210OMX_____CNEWS_EN_GNW1001255293_en) on July 30, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Renault affiliate Mobilize Financial Services posts 14.5% rise in H1 pretax profit to EUR 703 million

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