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Bank Of Cyprus Holdings Public Limited Company (BOCH) investor relations material
Bank Of Cyprus Holdings Public Limited Company AGM 2026 summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Opening remarks and agenda
The meeting was opened with welcomes from the Chairman and acknowledgment of shareholders and guests, with 43 shareholders present representing 32.25% of share capital.
Financial performance review
2025 saw strong profitability: EUR 481 million profit after tax, 18.6% return on tangible equity, and CET1 ratio of 21%.
Dividend payout ratio increased to 70%, with EUR 305 million distributed, a 25% increase year-on-year.
Cumulative dividends over two years reached EUR 550 million.
Record new lending of EUR 3 billion, 8% increase in gross performing loans, and deposit base up 8% to EUR 22.2 billion.
Cost efficiency ratio improved to 37%, and NPE ratio fell to 1.2%.
Q1 2026 profit after tax was EUR 121 million, with continued strong capital and liquidity ratios.
Dividend announcements
2025 dividend of EUR 0.70 per share, with interim and final dividends, representing a 45% increase in cash dividend year-on-year.
Payout ratio targets: up to 90% for 2026, and up to 100% for 2027 and 2028, subject to market conditions.
- Strong profit, robust loan growth, and high capital ratios drive resilient Q1 2026 performance.BOCH
Q1 202611 May 2026 - Targets mid-teens ROTE, strong capital generation, and up to 100% payout through 2028.BOCH
Investor update3 Mar 2026 - Profit after tax up 4% to €508m; 50% payout, CET1 19.2%, NPE ratio 2.5% (1.9% pro forma).BOCH
H2 202424 Feb 2026 - 2025 profit €481 mn, 8% loan and deposit growth, 70% payout, CET1 at 21%, 9% dividend yield.BOCH
Q4 202518 Feb 2026 - Strong profitability, robust capital, and upgraded ROTE target highlight 9M2025 results.BOCH
Q3 20253 Feb 2026 - Profit after tax up 23% to €270 mn, ROTE 23.7%, CET1 18.3%, NPE ratio 2.8%.BOCH
H1 20242 Feb 2026 - Profit after tax up 15% to €401 mn, ROTE 22.9%, NPE ratio 2.4%, CET1 19.1%, payout target 50%.BOCH
Q3 202415 Jan 2026 - Profit up 4% to €508mn, ROTE >20%, 50% payout, and robust capital/asset quality.BOCH
Q4 202418 Dec 2025 - 1H2025 profit reached €235 mn, ROTE 18.4%, CET1 20.6%, and interim dividend initiated.BOCH
Q2 202523 Nov 2025
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