More Credit and More Commissions Lead BCP Profits to Shoot More than 25% in the First Quarter
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4 Articles
The Banco Comercial Português (BCP) presented results from the first quarter of 2026 above the expectations of the market, which led the investment bank Jefferies to reinforce the recommendation of the purchase with target price of 1,10 euros (which translates a potential value of about 19.6% compared to the current 0.92 euros). The net result reached 306 million euros, exceeding by 8% the consensus, benefiting partially from an extraordinary po…
Increase of 8.2% in commissions (8.5% in activity in Portugal) and increase in credit volumes and the financial margin give the PCO a 25% increase in quarterly profits.
Profit of the BCP exceeds 300 million euros in the first quarter, with gains in both activity in Portugal and Poland. President sees ability to attract investors.
The number of employees working in Portugal was 6,043 at the end of the first quarter of 2026, less 186 employees than on March 31, 2025.
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