Piraeus Bank said it plans to double its dividend per share to €0.80 by 2030, up from €0.40 expected in 2025, according to the Greek lender’s strategic plan covering the period from 2026 to 2030.
The bank, Greece’s third-largest by market value, outlined the target in a press release accompanying its long-term business strategy.
Focus on Shareholder Value
Piraeus said it expects total shareholder value—defined as tangible book value plus dividends—to grow by an average of 13% annually during the five-year period.
The strategy reflects the bank’s aim to strengthen returns for investors while maintaining steady financial performance.
Stable Profit Performance
Earlier this month, Piraeus reported net earnings of €1.07 billion for 2025, slightly higher than the €1.06 billion recorded in 2024.
Loan Expansion Plans
As part of its growth strategy, the bank expects performing loans to rise significantly over the coming years. The portfolio is projected to increase from €37 billion last year to €56 billion by 2030, driven by strong demand from both corporate and retail borrowers.
Efficiency Targets
Piraeus also aims to maintain a strong efficiency profile, targeting an average cost-to-income ratio of around 30% between 2026 and 2030.
