Alpha bank expects profit of €1.4 billion in 2030 on loan growth, interest income
ATHENS, Nov 5 (Reuters) - Alpha bank, Greece's fourth-largest by market value, on Thursday said it expects its profit to reach or exceed €1.4 billion by 2030, on strong net interest income, loan growth and diversified income sources.
Alpha bank estimates that its earnings per share will rise to €0.63 in 2030 from €0.41 in 2026
It projects net credit expansion of €3 billion annually, largely funded by deposits
Normalised RoTE is forcecast at 16%
The bank expects net interest income of €2.3 billion by 2030
More than €4 billion will be available for distributions or deployment between 2027 and 2030, the bank said