The return on equity for the Portuguese banking sector stood at 17.2% in June, surpassing the 15.6% recorded in March but slightly below the 18% of June 2024, as reported by the European Banking Authority (EBA).
During the period from April to June, countries with higher banking returns than Portugal included Poland at 19.2%, Romania at 18.6%, Lithuania and Bulgaria both at 18%, Croatia at 17.9%, and Hungary at 17.7%.
The average profitability for the 30 countries analyzed was 10.7%.
Furthermore, the EBA’s second-quarter data shows that non-performing loans accounted for 2.1% of total loans in June, down from 2.2% in March and 2.4% a year earlier.
