Bank of Cyprus reports 2025 financial results and dividend policy

Bank of Cyprus achieved all its 2025 quantitative and qualitative targets, according to CEO Panicos Nicolaou. The bank reported an annual profit of 481 million euros, with a Return on Tangible Equity (ROTE) of 18.6% and a CET1 capital ratio of 21.0%. Consequently, the bank decided to increase its dividend payout ratio to 70%, amounting to 305 million euros or 70 cents per share. This distribution follows a total of 550 million euros returned to shareholders over the past two fiscal years. Looking ahead, the bank announced plans for additional 'top-up' dividends, targeting up to 90% payout for 2026 and up to 100% annually for 2027 and 2028. These future distributions remain subject to market conditions and the bank's liquidity strategy. The CEO emphasized that the bank maintains a strong capital position and a diversified business model.