Investor day in the second quarter of 2026 will be held by Alpha Bankto inform investors about the progress of the strategic alliance with UniCredit as well as the evolution of its sizes according to what was stated by Vassilis Psaltis.
In particular, Alpha Bank will announce the results of the fourth quarter of 2025 and the goals of its three-year business plan, as announced to the analysts by the CEO of Alpha Bank, Vassilis Psaltis, presenting the results of the third quarter/9 months.
Vassilis Psaltis will also refer to the timing and content of the investor day, while the three-year target will be preceded, he was content to reaffirm the deepening of the cooperation with UniCredit, which “Greece and Alpha Bank welcomed”, sticking to the statement of Andrea Orsel, CEO of UniCredit (s.s. has stated that the Italian bank plans to acquire 29.9% of Alpha Bank by the end 2025). Mr. Psaltis said that this is a multi-level collaboration, which is not limited only to top management and top and senior executives, and which is bearing fruit and has great scope for growth.
Last week, Italian banking group UniCredit increased its stake in Alpha Bank to around 29.5%. This move confirms its long-term commitment to the strategic partnership, which is already yielding tangible results. Through it, the Bank’s clients gain access to UniCredit’s pan-European network with a physical presence in 13 countries, making Alpha Bank the gateway to Europe and the bank of choice for more than 5,000 corporate clients in Greece. Among the main achievements of this partnership are the successful launch of the Onemarkets range of investment products (sales of more than 880 million euros), the joint financing of guaranteed credits and letters of guarantee of 300 million, the approval of 475 million euros in international syndicated financing of Unicredit, as well as bilateral foreign exchange transactions of 650 million since the beginning of the year. At the same time, integration in the Capital Markets & Advisory sector is progressing dynamically, with the development of new investment projects. Beyond business results, Alpha Bank leverages UniCredit’s expertise in areas such as customer experience, process simplification, skills development and regulatory compliance – factors critical to the Bank’s long-term viability.
Referring to the recent acquisitions of Alpha Bank (FlexFin, AXIA, Astrobank), Mr. Psaltis said that the acquisitions will continue, based on the added value to the shareholders, and with the aim of the faster progress of the Bank and the acquisition of valuable human resources. At the end of October, Alpha Bank’s subsidiary, Alpha Bank Cyprus Ltd, completed the acquisition of all the assets and liabilities as well as the staff of AstroBank, making it now the third largest bank in Cyprus. With the completion of the Transaction, Alpha Bank Cyprus now has assets of more than 6.6 billion euros, loans of more than 2 billion and deposits of more than 5.6 billion euros. The Transaction is expected to have a positive effect on the Group’s Earnings per Share (EPS) by approximately 5%, with a limited impact on the CET1 ratio (approximately 40 basis points).
Referring to shareholder reward, Alpha Bank’s CEO said that the target is for earnings per share to grow at a rate of 10% per year in the period 2024 – 2027. He added that for the nine months of 2025, Management has received a provision for distribution of 352 million euros, an amount corresponding to approximately 50% of the published earnings of the period. This forecast exceeds the total amount of distributions for 2024, confirming the Bank’s commitment to increasing and sustainable value return to shareholders. In this context, the Bank is expected to pay an interim dividend of 111 million from the current fiscal year in December, equal to the forecast for the first quarter. It is recalled that for 2024, the total payout amounted to 43% of profits (281 million euros), of which: 70.25 million (25%) was paid as a cash dividend, i.e. 0.03 euros per share, while the remaining 75% (211 million) is carried out through buyback. As Mr. Psaltis said, in 2026 and 2027 the return of profits to shareholders will exceed 50%.
Alpha Bank’s Management pointed to net credit growth, which reached 2.2 billion in 9M, with businesses driving growth and NPL growth up 13% year-on-year. As mentioned, the target for net credit expansion of the order of 2 billion. euros this year has been reached and in the fourth quarter a mild increase of 600-700 million euros is expected, mainly coming from refinancing of large companies.