Piraeus Bank reports €1.1bn profit in 2025, plans 40c dividend

Strong financial performance driven by 16% return on tangible book value, Ethniki Insurance deal completion, and 18.7% capital ratio.

Published on Feb. 26, 2026

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Piraeus Bank, one of Greece's leading regional banks, has reported a net profit of €1.1 billion for the full year 2025, exceeding guidance and beating expectations on revenues. The bank's results were highlighted by a 16% return on tangible book value, the completion of the Ethniki Insurance acquisition, and a robust capital position with an 18.7% total capital ratio. Piraeus Bank also plans to pay a cash dividend of 40 cents per share, on top of a €100 million share buyback executed in Q4 2025.

Why it matters

Piraeus Bank's strong financial performance in 2025 demonstrates its ability to navigate the challenging economic environment and execute on its strategic priorities. The bank's high profitability, efficient operations, and solid capital levels position it well to continue supporting the Greek economy's recovery and growth. Investors will closely watch Piraeus Bank's ability to sustain this momentum and deliver consistent returns.

The details

Piraeus Bank's 2025 results were driven by 11% year-over-year loan growth, a 33% cost-to-core income ratio, and a 52 basis point organic cost of risk. The bank also saw a 7% increase in revenues from services, which now account for 26% of total revenues. Piraeus Bank completed the acquisition of Ethniki Insurance during the year and maintained a robust capital position, with a CET1 ratio of 12.7% and an MREL ratio of 29.0%.

  • Piraeus Bank reported its full-year 2025 financial results on February 26, 2026.
  • The bank executed a €100 million share buyback program in Q4 2025.

The players

Piraeus Bank S.A.

One of the leading regional banks in Greece, offering a range of banking and financial services to individual and corporate clients.

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What’s next

Piraeus Bank plans to pay a cash dividend of 40 cents per share for the 2025 financial year.

The takeaway

Piraeus Bank's strong financial performance in 2025, marked by high profitability, efficient operations, and a robust capital position, positions the bank well to continue supporting the Greek economy's recovery and growth, while also delivering consistent returns to its shareholders.