Nicosia, Cyprus. Bank of Cyprus on Tuesday said its board of directors approved the annual financial report for the year ended December 31, 2025, including the audited consolidated financial statements of the group. The bank said there were no other meaningful divergences from the preliminary results announced on February 18, 2026.
Scope and availability of the report
The bank said the report covers the Bank of Cyprus Group, comprising Bank of Cyprus Holdings Public Limited Company, Bank of Cyprus Public Company Limited and its subsidiaries. It added that the approved annual financial report will be available on the group’s website under the investor relations section.
Strategy and recent developments
According to the bank, the results announcement includes updates on strategy and outlook, reflecting the investor update presentation published on March 3, 2026. It said the announcement also reflects recent developments, including the minority investment in Wealthyhood and the acquisition of a performing loan book and deposits of the Cyprus Development Bank Public Company Limited.
Key financial and operating figures
The bank reported record new lending of €3 billion, a year-on-year increase of 23 per cent. Gross performing loans rose to €10.9bn, up 8 per cent year-on-year, while the mainly retail deposit base increased to €22.2bn, also up 8 per cent.
The group recorded profit after tax of €481 million, with €128 million generated in the fourth quarter of 2025. Return on tangible equity was 18.6 per cent for the full year, while basic earnings per share reached €1.10. The bank also reported a cost to income ratio of 37 per cent.
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