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BOV reports €119.8m profit before tax for the first half of 2026
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The Malta Independent
Against a backdrop of evolving market conditions, geopolitical uncertainty and continued investment across strategic, regulatory and technology initiatives, the Group continued to deliver solid underlying performance.
While profit before tax was lower than the exceptionally strong comparative period in 2025, the prior year benefited from favourable market conditions and certain non-recurring income items.
Customer lending reached approximately €8.6 billion, while customer deposits increased to approximately €14.5 billion.
This represents a net dividend of €33.6 million and a payout ratio of 42.5% of profit after tax.
Financial PerformanceThe Group remains firmly on track to achieve its FY2026 Profit Before Tax guidance of between €210 million and €250 million.