Financial services leaders see strong 2026 growth ahead as AI returns surprise on the upside

Financial services leaders see strong 2026 growth ahead as AI returns surprise on the upside
CEOs anticipate solid revenue, profitability and productivity gains for 2026 with AI returns outpacing forecasts.
FEB 12, 2026

Global financial services chief executives are heading into 2026 with renewed confidence, expecting improvements in revenue, profitability and productivity as investments in AI deliver better-than-expected results.

EY’s latest Global Financial Services CEO Outlook Survey reveals that even as uncertainty around the global economy persists, sentiment within the sector remains broadly positive. Nearly nine in 10 financial services CEOs surveyed expect growth across key performance measures this year. That optimism stands in contrast to macro concerns, with just over a quarter of respondents saying they are highly confident in the global economic outlook.

AI is emerging as a central driver of this confidence with one quarter of CEOs reporting that AI initiatives at their firms have already “significantly outperformed expectations,” while a further majority say returns are exceeding initial forecasts. Looking ahead, 30% believe AI will fundamentally transform how their organisations create value over the next three years, and nearly two-thirds anticipate widespread operational improvements tied to digital technologies.

“In the first month of this year alone, powerful crosscurrents have shaped and reshaped geopolitics, financial markets and technology in new and unexpected ways… the firms leading the way aren’t constrained by macro fears; they’re doubling down on capital discipline, operational excellence, strong risk management and, critically, transformation,” said Omar Ali, EY Global Financial Services Leader.

Nine in 10 CEOs say their organisations now have clear board-level or C-suite responsibility for AI outcomes. A similar proportion emphasize that ethical and responsible AI use is a priority, even if it slows short-term gains.

The vast majority of financial services leaders express confidence in their ability to attract and retain skilled employees. Notably, 60% expect AI investment to support stable or higher staffing levels in 2026, reinforcing the view that technology will augment rather than replace human expertise.

Strategic activity is also set to increase. Almost half of CEOs plan to pursue mergers or acquisitions this year, while an even larger share are considering joint ventures or strategic alliances to strengthen digital capabilities and expand into new markets. The United States ranks as the most attractive destination for investment, followed by the United Kingdom, Canada, Singapore and Germany.

Latest News

Edward Jones facing more race bias claims in new lawsuit
Edward Jones facing more race bias claims in new lawsuit

A private partnership, Edward Jones is a giant in the retail brokerage industry with more than 20,000 financial advisors.

Advisor moves: LPL recruitment momentum continues with $815M Northwestern Mutual team
Advisor moves: LPL recruitment momentum continues with $815M Northwestern Mutual team

Meanwhile, Raymond James and Tritonpoint Partners separately welcomed father-son teams, including a breakaway from UBS in Missouri.

SEC chief Atkins signals caution on prediction market ETFs amid broader rethink of novel fund structures
SEC chief Atkins signals caution on prediction market ETFs amid broader rethink of novel fund structures

Paul Atkins has asked staff to solicit public comment on novel ETFs, pausing the clock on as many as 24 filings linked to the booming event contracts market.

Private capital's $1 trillion bet on the American retirement account
Private capital's $1 trillion bet on the American retirement account

From 401(k)s to retail funds, Deloitte sees private equity and credit crossing into mainstream investing on two fronts at once.

Advisor moves: Wells Fargo Advisors pulls in $9.6b in fresh talent during first half of May
Advisor moves: Wells Fargo Advisors pulls in $9.6b in fresh talent during first half of May

Big-name defections from Morgan Stanley, UBS, and Merrill Lynch headline a busy two weeks of recruiting for the wirehouse.

SPONSORED Are hedge funds the missing ingredient?

Wellington explores how multi strategy hedge funds may enhance diversification

SPONSORED Beyond wealth management: Why the future of advice is becoming more human

As technical expertise becomes increasingly commoditized, advisors who can integrate strategy, relationships, and specialized expertise into a cohesive client experience will define the next era of wealth management