Millennium bcp posts record results for 2025

Portuguese bank Millennium bcp has reported a record profit of €1.02Bn for 2025.

Millennium BCP reported a record net profit of €1.02Bn on Wednesday, a 12.4% increase compared to the previous year. The bank managed to increase profits from its domestic operations by 10.6% to €869.4 million and from its international operations by 33% to €291.9 million.

BCP shares appreciated by 92.9% in 2025, closing the year with the share price at 89.62 cents. BCP had a ROE of 14.1% in 2025 and recorded a CET1 ratio of 15.9% at the end of the year.

According to data revealed by BCP, the bank has already implemented moratoria equivalent to €46 million for individuals and €56 million for companies.

BCP will propose a new share distribution policy to shareholders, increasing it from the current 50% to 90%, reveals the institution’s CEO. This proposal implies a share buyback equivalent to 40% of the annual net profit. According to information provided by the bank, it intends for the share buybacks to be subject to the pro forma CET1 ratio. The share buyback proposal is still subject to authorisation from supervisory authorities.

This increase in international results is largely due to BCP’s Polish subsidiary, Bank Millennium, which reported a profit of €283.7 million in 2025, 67.1% more than the previous year.