Piraeus Bank plans to double dividend to 0.80 euros per share by 2030

Core Viewpoint - Piraeus Bank plans to double its dividend per share from 0.40 euros in 2025 to 0.80 euros by 2030, indicating a strong growth strategy and commitment to enhancing shareholder value [1] Financial Performance - The bank reported net earnings of 1.07 billion euros for 2025, slightly up from 1.06 billion euros in 2024, showcasing stable profitability [1] - Piraeus Bank anticipates an increase in performing loans from 37 billion euros last year to 56 billion euros by 2030, driven by robust demand from corporate and retail borrowers [1] Strategic Goals - The bank's strategic plan for 2026-2030 aims for a total increase in shareholder value, combining tangible book value and dividends, to grow by 13% annually over the five-year period [1] - Piraeus Bank targets an average cost-to-income ratio of approximately 30% between 2026 and 2030, reflecting a focus on operational efficiency [1]