Eurobank reports adjusted net profit of €351 million in first quarter of 2026

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.

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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?