Piraeus Bank Reports 15% Increase in Q3 Net Profit, Updates 2024 Financial Outlook
Piraeus Bank reported record nine-month profits of €932 million, or €0.72 per share, and a 15% rise in Q3 profits to €320 million. CEO Christos Megalou attributed the growth to strong revenue and cost management, raising the bank’s 2024 earnings target to €0.90 per share.