Greece's Eurobank Q1 profit edges up as lending, wealth management fees increase

Eurobank SA

07/05/2026 16:19

May 7 (Reuters) - Greece's Eurobank EURBr.AT on Thursday reported a 0.7% year-on-year increase in adjusted net profit to 351 million euros ($413.09 million), supported by strong loan growth and higher fee income.

The lender said earnings were supported by credit expansion across its core markets and a sharp increase in wealth management activity, while capital and asset quality metrics remained robust.

Organic loan growth of 1.1 billion euros in Q1, up 9.8% year-on-year

Net interest income rose 4.0% year-on-year to 664 million euros

Fee and commission income jumped 19.9% on the year to 203 million euros, led by lending and wealth management

CET1 at 15.4%, NPE ratio at 2.6%

Non-Greek operations contributed 47% of adjusted net profit

CEO Fokion Karavias said Eurobank remains on track to deliver its 2026 plan despite heightened geopolitical risks

($1 = 0.8497 euros)

(Reporting by Antonis Pothitos; Editing by Kirsten Donovan)

((antonis.pothitos@thomsonreuters.com; +48 58 769 65 78;))