Alpha Bank posts higher 2025 profit on strong fee income, loan expansion (updated)

Alpha Bank SA

27/02/2026 06:52

Adds details, CEO quotes in paragraph 3 and 4

ATHENS, Feb 27 (Reuters) - Alpha Bank ACBr.AT, Greece's fourth-largest lender by market value, reported on Friday higher net earnings for 2025, backed by strong fee income and credit expansion.

The lender, in which Italian bank UniCredit CRDI.MI holds a 29.5% stake, reported normalized net earnings of 906.6 million euros ($1.07 billion) for 2025, up 5.4% from 860.4 million euros in 2024.

Alpha Bank CEO Vassilios Psaltis announced a dividend payout of 55% on its 2025 profit, or 519 million euros in dividends and share buybacks.

"This is well above our initial 425 million guidance, and it underscores our devotion to delivering sustainable and growing returns to our shareholders," Psaltis said in a press release.

Alpha Bank, which last year acquired the smaller Astro Bank and asset management company Axia Venture, reported a 18.7% increase in net fee income to 501.3 million euros and 9.7% rise in net loans to 43.5 billion euros.

Net interest income fell by 2.2% last year to 1.61 billion euros.

Greek banks have seen their net interest income fall due to interest rates declining in the euro zone, prompting them to try and diversify income sources by expanding their wealth management and insurance businesses.

Non-performing exposure ratio was reduced to 3.6% of its total loan book from 3.7% in 2024.

 ($1 = 0.8470 euros)

 (Reporting by Lefteris Papadimas; Editing by Himani Sarkar and Janane Venkatraman)

 ((lefteris.papadimas@thomsonreuters.com; +30 6944 248134; Reuters Messaging: lefteris.papadimas.reuters.com@reuters.net))