kathimerini.gr
Optima Bank's 2024 Profit Soars 36%, Announces 30% Dividend
Optima Bank reported €140.2 million in net profit for 2024, a 36% increase year-on-year, and plans a 30% dividend payout; the bank also opened its 30th branch in Komotini and launched Optima Leasing.
- How did Optima Bank's expansion strategy and operational efficiency contribute to its remarkable financial growth in 2024?
- The bank's strong performance is attributed to a 45% increase in deposits exceeding €4.6 billion, a 40% rise in loan disbursements to €2.8 billion, and a 49% increase in net loan balances to €3.7 billion. These growth figures are accompanied by high operational efficiency, with an expense-to-income ratio of 25.6%.
- What are the potential challenges and opportunities for Optima Bank in sustaining its high growth trajectory in the coming years?
- Optima Bank's expansion strategy includes opening its 30th branch in Komotini and launching Optima Leasing. The bank aims for over 25% growth in deposits and loans in 2025, exceeding €160 million in profitability and achieving a return on equity above 22%. Their strategic focus on customer satisfaction (NPS above 80) supports this ambitious growth plan.
- What are the key financial highlights of Optima Bank's 2024 performance, and what are the immediate implications for shareholders?
- Optima Bank reported a 36% increase in net profit to €140.2 million in 2024, compared to 2023, and plans to distribute 30% as dividends. This represents more than a threefold increase compared to 2022. Return on Tangible Equity (RoTE) reached 25.3%, a high among Greek banks and among the highest in Europe.
Cognitive Concepts
Framing Bias
The framing is largely positive, focusing on the bank's strong financial performance and expansion. However, this positive framing does not appear to distort the facts presented. The inclusion of specific figures and comparisons to previous years allows readers to independently assess the bank's success. The emphasis on customer satisfaction (NPS score) adds a balanced perspective.
Language Bias
The language used is largely neutral and factual. While terms like "high," "strong," and "significant" convey positive sentiment, they are supported by quantifiable data, preventing an overly biased interpretation. The use of precise financial figures enhances objectivity.
Sustainable Development Goals
The Optima Bank's financial success, including increased profits, high RoTE, and expansion, directly contributes to economic growth and job creation. The bank's expansion into new locations signifies investment and development within those regions, furthering economic activity. The statement regarding 575 employees contributing to growth also highlights the positive impact on employment.