- The update reflects the improvement in profitability, thanks to higher revenues and continuous operational efficiency
- Asset quality as of 30 June 2026 remains at excellent levels with a net NPL ratio of 0.6% accompanied by a coverage ratio of non-performing loans at 78.1%
- Excellent capitalization levels with a fully phased CET1 ratio of 27.9% at the end of the first half of 2026
Trento, 06.11.2026 – The rating agency Morningstar DBRS has announced an improvement in the long-term trend for Cassa Centrale Banca's ratings as specified below:
| Instruments rated | Rating | Trend |
| Long-Term Issuer Rating / Long-Term Senior Debt | BBB (high) | Positive |
| Short-Term Issuer Rating / Short-Term Debt | R-1 (low) | Stable |
| Long-Term Deposits | A (low) | Stable |
| Short-Term Deposits | R-1 (low) | Stable |
The update reflects the continuous structural improvement in the Group's profitability resulting from an increase in revenues, driven by higher net interest income and a steady growth in fee revenues, combined with the continued adoption of operational efficiency measures.
The change to the rating Trend is also driven by the further strengthening in the asset quality, which saw a reduction in gross NPL levels to 2.8% coupled with a coverage ratio of 78.1%. Both factors determine a net NPL ratio of 0.6% as of June 30, 2026.
Finally, capitalization at the end of the first half of 2026 remains at outstanding levels, with a fully phased CET1 ratio of 27.9%, with sound funding and liquidity profiles.
For further details on today's rating action, please refer to Morningstar DBRS press release.