Lending expansion supports earnings

APS Bank has reported a strong first half of 2026, supported by higher lending volumes, an expanding balance sheet and improved profitability. The results also allowed the bank to propose a larger interim dividend, giving shareholders a direct benefit from the stronger performance.

The APS Bank Group recorded profit after tax of €16.3 million for the six months to June 2026, representing an increase of €11.4 million compared with the same period a year earlier. Commercial lending exceeded €1 billion, while the overall loan portfolio grew by €252.9 million, or 7.5%.

The bank’s total assets reached approximately €4.8 billion, an increase of 3.2% since the end of 2025. Customer deposits also rose by €107.8 million, providing additional funding to support continued growth across its retail and commercial banking activities.

Larger return for shareholders

Following the improved results, APS Bank announced an interim dividend of €4 million. This is more than double the €1.8 million interim distribution declared for the comparable period in 2025.

The higher payout reflects the bank’s stronger earnings while maintaining the capital and liquidity needed to support its business plans. It also follows the bank’s recent focus on expanding its lending operations and strengthening its position in the local banking market.

Growth remains the priority

APS Bank’s half-year performance indicates that its growth strategy is translating into higher business volumes and improved returns. Management is expected to continue balancing expansion with careful cost, funding and risk management as economic and market conditions evolve.