The bank’s results for the first half of the year reached 502.3 million euros, an increase of 3.5% compared to the same period last year, announced bank leader Miguel Maya at a press conference in Oeiras, Lisbon.
The CEO of BCP noted that the first half was still characterized by significant uncertainty and volatility due to the macroeconomic and geopolitical situation.
During this period, the net income from activities in Portugal grew by 3.2% to 424 million euros.
Conversely, the net income from international operations rose by 11.8% to 146.6 million euros.
According to the statement sent to the Comissão do Mercado de Valores Mobiliários (CMVM), between January and June, the group’s total client resources increased by 5.5% to 106.2 billion euros, while loans to clients totaled 3.4% more, reaching 60.3 billion euros.
In Portugal alone, total client resources increased by 3.2 billion euros, and client loans grew by 1.8 billion euros compared to June 2024.
At the group level, the number of active clients surpassed seven million, up from 6.8 million in the same period in 2024.
In the first half, operating costs were 683.5 million euros, 10.5% higher compared to the same period last year.
The group’s commissions totaled 413.8 million euros, an increase of 4%, while in Portugal they were 307.1 million euros, up by 6.7%.
In today’s stock exchange session, BCP shares rose by 0.32% to 0.69 euros.
