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Piraeus Bank Eyes Doubled Dividend by 2030
5 Mar
Summary
- Dividend per share to increase from 0.40 euros to 0.80 euros.
- Shareholder value growth projected at 13% annually.
- Performing loans expected to rise significantly by 2030.
Piraeus Bank, Greece's third-largest lender, has outlined an ambitious strategic plan for 2026-2030. The bank forecasts a notable increase in its dividend per share, aiming to raise it from 0.40 euros in 2025 to 0.80 euros by 2030.
This dividend growth is part of an expected annual 13% increase in total shareholder value over the five-year period. Piraeus Bank also anticipates a substantial rise in its performing loans, projecting an increase from 37 billion euros in the previous year to 56 billion euros by 2030, fueled by strong demand from corporate and retail clients.
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