Alpha Services and Holdings S.A. Q3 2025 Earnings Recap

Alpha Bank reported robust financial performance for the first nine months of 2025, achieving EUR 704 million in profits and a 13.9% return on tangible equity, driven by strong net interest income and strategic partnerships.

Key Takeaways

• Earnings per share reached EUR 0.27, representing 73% of the annual target, with a planned interim cash dividend of EUR 111 million.
• The bank’s partnership with UniCredit deepened, as UniCredit increased its stake to approximately 30%, enhancing cross-border operational capabilities and client access.
• Continued momentum in fee income from Asset and Wealth Management, along with solid growth in corporate lending, positions Alpha Bank favorably against peers.
• EPS is projected to grow by 10% annually beyond 2025, supported by ongoing capital allocation to profitable loan growth and strategic initiatives.