Optima bank (OPTIMA) Q2 2026 earnings summary

Executive summary

• Net profit after tax for 1H 2026 was €104.3mn, up 29% YoY, driven by higher loan volumes, robust fee generation, and strong deposit inflows.

• Total assets reached €8.68bn as of 30 June 2026, up €1.12bn from year-end 2025, supported by loan and deposit growth.

• Awarded Best Bank for SMEs and Best Bank for Customer Experience in Greece by Euromoney for 2026.

• Completed €200mn AT1 issuance, 11x oversubscribed, strengthening capital base.

• Distributed €0.23 per share dividend from 2025 profits in June 2026.

Financial highlights

• Net interest income rose 28% YoY to €129.3mn; net fee and commission income surged 63% YoY to €41.6mn.

• Total revenues increased 29% YoY to €181.5mn; pre-provision income up 32% YoY to €142.9mn.

• Operating expenses grew 20% YoY to €38.6mn, mainly due to staff expansion.

• Cost to core income ratio improved to 22.6% from 25.5% in 1H 2025.

• Earnings per share (basic and adjusted) were €0.47, up from €0.37 in H1 2025.

Outlook and guidance

• FY 2026 guidance raised: net profit expected to exceed €210mn, loan book growth to €1.35bn, deposit growth to €1.7bn, and ROTE adj. ~25%.

• Guidance does not include impact from Euroxx Securities acquisition.

• Management anticipates 2026 could be the strongest year in the bank’s history.

• The Group aims to expand its loan portfolio, strengthen market share, and enhance profitability through cost control and diversified revenue streams.

• Macroeconomic risks include geopolitical tensions, persistent inflation, and energy price volatility.