Piraeus Bank plans to double dividend to 0.80 euros per share by 2030

 Piraeus Bank, Greece's third-largest lender by market ​value, on Thursday said it ‌expects to double its dividend per share from 0.40 euros ($0.4636) in 2025 ​to 0.80 euros by ​2030.

"The total increase in shareholder value - ⁠tangible book value plus dividends - ​will increase by 13% annually ​in the five year period," Piraeus said in a press release publishing its ​2026-2030 strategic plan.

The Week in Breakingviews newsletter offers insights and ideas from Reuters' global financial commentary team. Sign up here. The bank earlier ​this month announced net earnings of 1.07 ‌billion ⁠euros for 2025 compared with 1.06 billion euros in 2024.

Piraeus also expects its performing loans to ​rise from ​37 billion ⁠euros last year to 56 billion euros by ​2030, boosted by strong ​demand ⁠among corporate and retail borrowers.

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