Profits After taxation of € 117 million for the first quarter of 2025, today (12.5.2025) announced Bank of Cyprusincreased by 9% on a quarterly basis.
Basic profits per share are 0.27 euros. In terms of the dividend, the Bank of Cyprus announced a 50% distribution rate for 2024, which consists of a € 211 million cash dividend which will be paid on June 25, 2025 and a € 30m repurchase repurchase which began in February 2025.
Also announced a distribution policy with 50-70% from 2025 and intermediate dividend import examination. The following were also announced:
Chapters (Strong Organic Creation of Funds) & Liquidity
- Performance of Excellent Same Funds (ROTE) of 18.3%
- Formal basis, in the majority of retail, of EUR 20.7 billion increased by 1% since the beginning of the year
- Class 1 Common Share Capital Index (CET1) and total capital adequacy ratio of 19.9% and 25.0% 2 respectively (including profits for the first quarter 2025, reduced for a provision for distribution)
- Organic Creation of Chapters of 111 Basement Units in the First Trimester 2025
Record of a new borrowing
- A new borrowing record of 842 million in Question in the first quarter 2025, increased by 16% on a quarterly basis
- Portfolio of Service Loans of 10.45 billion, euro increased by 3% since the beginning of the year
- Reduction of non -performing loans (PCs) to loans to 1.8%
In his statements, Bank of Cyprus Complex Managing Director Panikos Nikolaou states that strong performance in the first quarter confirm the band’s ability to achieve the goals set for 2025. We maintain our commitment to support our customers.