ATB Financial posts $130M net income

Alberta’s ATB Financial posted $130 million in net income for the second quarter of the 2026 financial year, up from $105 million in the same quarter a year prior.

Total revenue was $604 million for the quarter, up 14.8% year-over-year. This growth was driven by a net interest income of $394.6 million, which ATB said was a record high.

ATB Wealth had a net income of $11.7 million, up from $2 million in the same quarter last year. Net income increased year-over-year due to an increase in other income, which was partially offset by an increase in net interest income. The other income increase was due to higher assets under administration balances and the BCV Asset Management acquisition last year.

The financial institution had $39.7 billion in assets under administration from 843,902 clients as of Sept. 30, 2025, compared to $29.9 billion from 822,549 at the same time last year. Staffing levels remained similar to lase year at 5,241 full-time equivalent employees.

Jonathan Got

Jonathan Got is a reporter with Advisor.ca and its sister publication, Investment Executive. Reach him at jonathan@newcom.ca.