Finance
Piraeus bank plans to double dividend to 0.80 euros per share by 2030
Published by Global Banking & Finance Review®
Posted on March 5, 2026
2 min readLast updated: March 5, 2026
Quick Summary
Piraeus Bank aims to double its dividend to €0.80 per share by 2030 while projecting 13% annual total shareholder value growth, supported by robust 2025 results—€1.07 billion net earnings and performing loans up to €37.3 bn. It targets 30% cost-to-income and substantial loan expansion by 2030.
Piraeus Bank Aims to Double Dividend per Share to €0.80 by 2030
Piraeus Bank's Strategic Growth and Financial Targets
Dividend Growth Projections
ATHENS, March 5 - Piraeus Bank, Greece's third-largest lender by market value, on Thursday said it expects to double its dividend per share from 0.40 euros ($0.4636) in 2025 to 0.80 euros by 2030.
Shareholder Value and Strategic Plan
Annual Increase in Shareholder Value
"The total increase in shareholder value - tangible book value plus dividends - will increase by 13% annually in the five year period," Piraeus said in a press release publishing its 2026-2030 strategic plan.
Recent Financial Performance
Net Earnings Comparison
The bank earlier this month announced net earnings of 1.07 billion euros for 2025 compared with 1.06 billion euros in 2024.
Lending and Loan Portfolio Expansion
Growth in Performing Loans
Piraeus also expects its performing loans to rise from 37 billion euros last year to 56 billion euros by 2030, boosted by strong demand among corporate and retail borrowers.
Cost-to-Income Ratio Target
It targets an average cost-to-income ratio of approximately 30% between 2026 and 2030.
Exchange Rate Information
($1 = 0.8628 euros)
Reporting Credits
(Reporting by Lefteris Papadimas; Editing by Louise Heavens and Kevin Buckland)
Key Takeaways
- •Dividend ambition: increase from €0.40 in 2025 to €0.80 by 2030, underscoring confidence in long-term earnings and cash flow.
- •2025 performance strong: net earnings of €1.07 billion (€0.82 EPS), and performing loans grew to €37.3 billion—up 11% year‑on‑year. Sources: Investing.com, Reuters.
- •Efficiency and growth: cost-to-core-income ratio around 33%, fee income rising, and performing loans expected to reach €56 billion by 2030, reinforcing sound operational fundamentals.
Frequently Asked Questions about Piraeus Bank plans to double dividend to 0.80 euros per share by 2030
1What is Piraeus Bank's projected dividend per share by 2030?
Piraeus Bank plans to increase its dividend per share to 0.80 euros by 2030.
2How much is the current dividend per share and when will it double?
The current dividend per share is 0.40 euros in 2025 and is expected to double to 0.80 euros by 2030.
3What is the expected annual increase in shareholder value?
Shareholder value is projected to grow by 13% annually between 2026 and 2030.
4How are Piraeus Bank's performing loans expected to change?
Performing loans are expected to rise from 37 billion euros to 56 billion euros by 2030.
5What cost-to-income ratio does Piraeus Bank target for 2026-2030?
Piraeus Bank targets an average cost-to-income ratio of approximately 30% between 2026 and 2030.