Finance
Piraeus Bank 2025 net profit stable on strong loan expansion, fee income
Published by Global Banking & Finance Review®
Posted on February 26, 2026
2 min readLast updated: February 26, 2026
Quick Summary
Piraeus Bank posted €1.07bn net profit for 2025, edging higher year on year. Loans grew 11% to €37.3bn and fees supported revenue, while NII fell 10% as rates dropped and NPEs declined to 2.0%.
Piraeus Bank 2025 Profit Flat as Loan Growth, Fee Income Help
Full-Year 2025 Results Overview
ATHENS, Feb 26 (Reuters) - Piraeus Bank, Greece's third-largest lender by market value, on Thursday reported marginally higher net earnings for 2025 on strong loan expansion and fee income.
Net Earnings and Performance
The bank reported net earnings of 1.07 billion euros ($1.26 billion) in the full year 2025, compared with 1.06 billion euros in 2024.
CEO Commentary
Loan Portfolio and Credit Expansion
Piraeus' loan portfolio increased by 11% year on year to 37.3 billion euros, exceeding the annual target for 2025, Chief Executive Officer Christos Megalou said in a statement.
Asset Quality and NPE Ratio
Net Interest Income and Fees
The bank's net interest income was 1.9 billion euros, 10% down year on year. Non-performing exposure ratio was 2.0% at the end of December, down from 2.6% a year earlier.
Impact of Lower Euro Zone Rates
Greek banks have seen their net interest income fall due to the decline in interest rates in the euro zone, prompting them to try and diversify income sources by expanding wealth management and insurance businesses.
Exchange Rate Note
($1 = 0.8465 euros)
(Reporting by Lefteris Papadimas; Editing by Alison Williams and Louise Heavens)
Key Takeaways
- •Net earnings reached €1.07bn in 2025, slightly above €1.06bn in 2024.
- •Loan portfolio rose 11% year on year to €37.3bn, beating the 2025 target.
- •Net interest income was €1.9bn, down 10% amid lower eurozone rates.
- •Non‑performing exposure ratio improved to 2.0% from 2.6% a year earlier.
- •Bank is diversifying income via fees, wealth management and insurance.
Frequently Asked Questions about Piraeus Bank 2025 net profit stable on strong loan expansion, fee income
1What is the main topic?
Piraeus Bank’s full‑year 2025 results show net profit broadly stable, supported by strong loan expansion and fee income despite lower net interest income.
2How did loans and asset quality change in 2025?
The loan portfolio increased 11% to €37.3bn, surpassing targets, while the non‑performing exposure ratio improved to 2.0% from 2.6% a year earlier.
3Why did net interest income decline?
Net interest income fell 10% year on year due to lower interest rates in the eurozone, prompting a greater focus on fees, wealth management and insurance.
