Blog
Bank of Cyprus sees first quarter revenue of €136m, operating profit of €45m
May 26, 2021
Bank of Cyprus announced first quarter revenue of €136 million, and operating profit of €45 million, the bank said in a statement on Tuesday.
Profit after tax was €8 million. But organic profit (from the operations of the bank) after tax, amounted to €14 million. This is up from a loss of €49 million after tax in the last quarter of 2020.
These figures meet analyst expectations.