Bank of Cyprus sees first quarter revenue of €136m, operating profit of €45m

26 May 2021

Bank of Cyprus sees first quarter revenue of €136m, operating profit of €45m

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.
 
 
 
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