Detailed profit distributions for all banks
Bank of Cyprus reports the highest dividend yield among all systemic banks, with a projected 9.39% dividend payout based on its current market capitalization in 2025 (see Table 1), which includes an interim dividend of €0.20 per share to be paid on October 12.
Specifically, Bank of Cyprus is the first bank to increase its total payout ratio to 70% without the prior approval of the European supervisor, effective from January 1, 2025.
This year, for fiscal 2024, the bank has already distributed €211 million in dividends, or €0.48 per share, repurchased €31 million worth of shares, and on October 12 will pay an interim dividend of €87 million, or €0.20 per share.
It is worth noting that for Greek investors, the dividend from Bank of Cyprus is tax-free, unlike the 5% tax imposed on dividends from Greek banks.
The bank's high dividend yield has attracted investment funds from the United States, which participated in the recent 5% share offering by the European Bank for Reconstruction and Development (EBRD).
Dividend Distributions of the Systemic Banks
In second place is Piraeus Financial Group, with a dividend payout corresponding to 6.39% of its market capitalization.
Specifically, Piraeus will distribute €100 million as an advance dividend, €125 million through share buybacks, and has already paid €372.6 million in dividends, or €0.298 per share.
It should be noted that the bank recently canceled a share buyback program intended for distribution to its executives.
The dividend payout ratio of National Bank of Greece (NBG) — which holds the largest excess capital — corresponds to 6.33% of its market capitalization.
NBG is set to distribute the highest advance dividend, amounting to €256.1 million, has a remaining share buyback program worth €108.9 million, and has already distributed €402 million in dividends for 2025.
Eurobank's dividend payout corresponds to 5.59% of its market capitalization.
The bank will distribute €170 million as an advance dividend, has €171.9 million allocated for share buybacks, and has already distributed €386 million in dividends for 2024, or €0.105 per share.
Alpha Bank, whose stock has shown the highest return (131.91%) since January 1, 2025, is set to distribute 4.36% of its market capitalization, or €379 million.
The advance dividend will amount to €111 million, the share buyback program will reach €181.2 million, while it has already distributed €70.2 million, or €0.03 per share.
Pafilas Dimitris
dpafilas@yahoo.com
www.bankingnews.gr
Specifically, Bank of Cyprus is the first bank to increase its total payout ratio to 70% without the prior approval of the European supervisor, effective from January 1, 2025.
This year, for fiscal 2024, the bank has already distributed €211 million in dividends, or €0.48 per share, repurchased €31 million worth of shares, and on October 12 will pay an interim dividend of €87 million, or €0.20 per share.
It is worth noting that for Greek investors, the dividend from Bank of Cyprus is tax-free, unlike the 5% tax imposed on dividends from Greek banks.
The bank's high dividend yield has attracted investment funds from the United States, which participated in the recent 5% share offering by the European Bank for Reconstruction and Development (EBRD).
Dividend Distributions of the Systemic Banks
In second place is Piraeus Financial Group, with a dividend payout corresponding to 6.39% of its market capitalization.
Specifically, Piraeus will distribute €100 million as an advance dividend, €125 million through share buybacks, and has already paid €372.6 million in dividends, or €0.298 per share.
It should be noted that the bank recently canceled a share buyback program intended for distribution to its executives.
The dividend payout ratio of National Bank of Greece (NBG) — which holds the largest excess capital — corresponds to 6.33% of its market capitalization.
NBG is set to distribute the highest advance dividend, amounting to €256.1 million, has a remaining share buyback program worth €108.9 million, and has already distributed €402 million in dividends for 2025.
Eurobank's dividend payout corresponds to 5.59% of its market capitalization.
The bank will distribute €170 million as an advance dividend, has €171.9 million allocated for share buybacks, and has already distributed €386 million in dividends for 2024, or €0.105 per share.
Alpha Bank, whose stock has shown the highest return (131.91%) since January 1, 2025, is set to distribute 4.36% of its market capitalization, or €379 million.
The advance dividend will amount to €111 million, the share buyback program will reach €181.2 million, while it has already distributed €70.2 million, or €0.03 per share.
| ALPHA | EUROBANK | NBG | PIRAEUS | BOCH | ||||||
| dividend | 70,2 | 386 | 402 | 372,6 | 211 | |||||
| interim dividend | 111 | 170 | 256,12 | 100 | 87,1 | |||||
| own shares | 197,7 | 171,9 | 109 | 125 | 30 | |||||
| Total | 379 | 728 | 767 | 597,6 | 328,1 | |||||
| capital | bil. EUR | 8,68 | 13 | 12,1 | 9,34 | 3,49 | ||||
| % | 4,36% | 5,60% | 6,33% | 6,39% | 9,39% | |||||
| share | since 1.1.25 | |||||||||
| performance | 131,91% | 57,67% | 72,78% | 93,92% | 73,91% |
Pafilas Dimitris
dpafilas@yahoo.com
www.bankingnews.gr
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