The BCP group had profits of 1,018.6 million euros, the highest ever and 12.4% more compared to 2024, the bank announced this Wednesday (25) at a press conference.
The bank’s executive president, Miguel Maya, said that in the year in which it turned 40 the bank recorded the “best results ever”.
The financial margin (the difference between interest charged on credits and interest paid on deposits) grew by 2.4% to 2,898.1 million euros and rates increased by 4.3% to 847.4 million euros.
Operating costs rose 8.3% to R$1,415.1 million.
In ‘other gains’ the bank records a positive 69.7 million euros (which contrasts with a negative 70 million euros in 2024).
Impairments and other provisions (to cover losses, especially with credit) were 830.7 million euros, 10.3% less than those set up in 2024.
By countries, In its operation in Portugal alone, BCP generated profits of 869.4 million euros (10.6% more compared to 2024).
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