Piraeus Bank: Profit of €1.07 billion in 2025
Piraeus Bank announced a strong profit forecast of €1.07 billion for 2025, signaling a 16% return on tangible equity.
Piraeus Bank projected a robust profit of €1.07 billion for the year 2025, alongside a notable 16% return on tangible equity, adjusted for extraordinary items. This projection was revealed in the bank's latest financial disclosures, highlighting not only profitability but also the overall stability of its operations amid a recovering Greek economy.
In the fourth quarter of 2025, Piraeus Bank reported net earnings of €250 million, showcasing a quarter marked by significant developments in loan issuance and customer deposits. Notably, total loans reached €37.3 billion, with a net credit expansion of €3.9 billion facilitated by strong performance across various business sectors. Particularly in retail, there was a net credit growth of €300 million, indicating a positive trend in residential lending, further underlined by a €100 million increase in housing loan approvals, reflecting a recovery in the housing credit sector.
Moreover, Piraeus Bank achieved a historic milestone with the disbursement of €13.3 billion in new loans to the Greek economy, marking the best performance on record for the institution. Customer deposits were reported at €66.1 billion, showing a 3% quarterly growth and a 5% annual increase. Additionally, managed customer assets surged by 27% year-on-year to €14.5 billion, surpassing annual targets and indicating strong trust from customers and a positive outlook for the bank's future operations.