Optima bank (OPTIMA) Q4 2025 earnings summary

Executive summary

• FY 2025 delivered strong growth, exceeding all key guidance metrics and market expectations, with net profit of €170mn, up 21% year-over-year, driven by volume growth and robust fee generation.

• Maintained high returns and efficiency, with ROTE at 25.3% and cost to core income at 24.5%.

• Demonstrated broad-based growth across all business areas, with significant increases in both loans and deposits.

• Expanded presence in wealth management and successfully entered the leasing market.

• Initiated operational improvements through targeted AI adoption.

Financial highlights

• Net profit for FY 2025 was €170mn, up 21% year-over-year from €140.2mn in FY 2024.

• Gross loans grew 40% year-over-year (+€1.5bn) to €5.1bn, deposits up 36% (+€1.7bn) to €6.3bn.

• Total revenues increased 17% to €297.6mn; fees grew 49% to €61.8mn.

• NII rose 11% to €210mn; NIM for FY 2025 at 3.21%.

• Operating expenses increased 15% YoY to €66.5mn, mainly due to higher G&A and staff costs.

Outlook and guidance

• FY 2026 guidance targets loan growth of +€1.1bn and deposit growth of +€1.4bn.

• Net profit expected to exceed €195mn, with implied ROTE around 24%.

• Cost to core income ratio to remain below 30%; cost of risk guided at 55bps.

• Management remains optimistic for 2026, citing improving macroeconomic conditions in Greece, including steady GDP growth, moderating inflation, and rising investment.

• Strategic focus will be on strengthening customer relationships, growing interest and fee-based revenues, enhancing digital capabilities, and maintaining cost and risk discipline.