Nicosia, Cyprus. Eurobank S.A. released its interim consolidated financial statements on Monday, detailing its performance after publishing financial results last week. The group reported an adjusted net profit of €351 million for the three-month period ending in March 2026.
First-quarter performance and drivers
Eurobank said it delivered sustained solid performance and organic growth during the first quarter despite a volatile geopolitical environment. International operations contributed 47 per cent of total adjusted net profit.
Cyprus results and balance sheet figures
The Cypriot market generated an adjusted net profit of €103 million, down 14.7 per cent compared with the corresponding period of the previous year. Eurobank said Cyprus remains the leading contributor within its non-Greek portfolio in terms of earnings.
Total assets in the Cypriot subsidiary stood at €28.7 billion as of March 31, 2026. Customer deposits in Cyprus reached €23.8 billion, while the gross loan book for Cypriot operations was €9 billion.
Loan growth
“During the first quarter of 2026, credit expansion was strong across all our core markets, with organic loan growth totalling €1.1bn and the loan book growing by 10 per cent year-on-year,” Chief Executive Officer Fokion Karavias said.
How do you think Eurobank’s international operations will affect its performance in the coming quarters?