Bank of Cyprus releases 2025 audited financial results

The Bank of Cyprus board of directors has approved the audited financial report for the year ending December 31, 2025. The group reported a profit after tax of €481 million, with €128 million earned in the fourth quarter. Total new lending reached a record €3 billion, a 23% year-on-year increase, while gross performing loans rose 8% to €10.9 billion. Deposits also saw an 8% increase, totaling €22.2 billion. Key performance indicators include an 18.6% return on tangible equity, a 37% cost-to-income ratio, and basic earnings per share of €1.10. The bank maintained a CET1 ratio of 21.0% and a total capital adequacy ratio of 25.9%. Additionally, the board approved a cash dividend of €305 million. The bank noted no major discrepancies between these results and the preliminary data released on February 18, 2026. Strategic updates include the acquisition of a loan book from Cyprus Development Bank and an investment in Wealthyhood.