Bper's profit rises to 2 billion (+16.4%), advance on the coupon of 0.33 euros

Bper closed the first nine months of the year with a consolidated ordinary profit of 2,013.6 million euros, up 16.4% on the same period of 2025 after recording core revenues up 3.5% to 5,378.8 million. The board of directors approved the distribution of an interim dividend of 33 cents, equal to a total of 694 million.

The nine months recorded a "solid" capital position, represented by a CET1 of 15.1%, which benefited from the "high" organic generation of capital, equal to 2 billion euros, equivalent to 247 basis points of capital. In the 9 months the bank generated earnings per share of 95.3 euro cents.

"The commercial dynamic confirmed itself as positive in the quarter and in the nine months, allowing us to achieve good results despite a context of constant uncertainty at a macroeconomic and geopolitical level", declared CEO Gianni Franco Papa, underlining how deposits are growing, "a sign of confidence from our customers and the attractiveness of the bank", and support for the economy is confirmed "with new loans of over 20 billion".

"In a scenario characterized by weak global growth and conditioned by volatility on the energy markets, we continue to respect the commitments made with the market and to work with unchanged commitment on the acceleration levers of our industrial plan to achieve the objectives we have set ourselves", he added.

The revenue trend was supported both by the interest margin, which rose by 3.5% to 3,375.1 million, and by net commissions, up by 3.4% to 2,003.7 million, with the finance result more than doubling to 279.5 million.

Operating expenses fell by 2.2% to 2,422.2 million while loan adjustments rose by 1.8% to 264.2 million.

The results have allowed the bank to review its 2026 guidance regarding the CET1 ratio, expected to be above 14.5% from the previous forecast of around 14.5%, and the cost of credit, which will be lower than 35 basis points compared to the previous estimate of around 40 basis points.