Alpha Bank H1 profit rises 6% to €495m as Greek lenders report earnings

The lender's half-year results underscore resilience in the Greek banking sector, which is projected to generate a combined €2.3 billion in first-half profits despite a challenging fundraising environment.

By Handelsavisen Newsroom · Automated 2026-07-31 06:14 UTC · 1 min read

Alpha Bank reported adjusted net profit of €495 million for the first half of 2026, marking a 6% year-on-year increase.

The Athens-listed lender also posted second-quarter earnings of €275 million, up 24.6% sequentially, as it navigates a stabilizing domestic economic backdrop.

3 billion. This aggregate figure sets the stage for a critical week of earnings reports that will gauge the industry's resilience amid a challenging fundraising environment and persistent macroeconomic headwinds.

The results align with broader expectations for the Greek banking sector, which is projected to generate a combined first-half profit of €2.3 billion.

This aggregate figure sets the stage for a critical week of earnings reports that will gauge the industry's resilience amid a challenging fundraising environment and persistent macroeconomic headwinds.

Alpha Bank’s performance reflects the sector’s ongoing recovery, driven by improved asset quality and stable net interest margins.

The bank’s guidance for earnings per share at €0.41 suggests management remains confident in maintaining profitability through the second half of the year.