APS Bank more than doubled its interim dividend to €4 million after reporting a record post-tax profit of €16.3 million for the first half of 2026.

In a financial update, the bank said it accelerated its growth through stronger and more diversified customer activity, delivering higher revenues supported by solid capital and liquidity, sound asset quality, and healthy net interest margins.

Group profit after tax for the first six months of 2026 reached a record €16.3 million, up €11.4 million from the same period last year. The increase was driven by continued loan growth and higher revenues. APS also announced that its commercial lending portfolio has now exceeded €1 billion.

The interim dividend more than doubled to €4 million, compared with €1.8 million during the corresponding period in 2025.

Group assets stood at €4.8 billion, representing an increase of 3.2% compared with December 2025. The main drivers of growth were the retail and corporate loan portfolio, which expanded by a net €252.9 million, or 7.5%, since December 2025. Syndicated loans also increased by a net €8.1 million, while debt securities rose by €58.2 million, with both contributing to the continued expansion of the bank's asset base.

Customer deposits increased by €107.8 million during the first half of 2026, reflecting continued growth in the bank's funding portfolio.

Presenting the results to financial intermediaries and the media at the Bank’s Head Office, Chairman Martin Scicluna said that the performance “confirms the Board’s confidence that we are on the right trajectory, and that the momentum achieved so far reinforces the belief in our strategy, as one that will continue to deliver positive outcomes in the months ahead”.

He also emphasised the Bank’s commitment to “continue investing in capabilities that enhance service quality, strengthen operational resilience and position the Bank for long term value creation”.

APS Bank CEO Marcel Cassar said the strong performance reflected the strength of the bank's long-term business strategy.

"These results are not the product of some exceptional short-term measure or one-off event, but the outcome of prudent management, ongoing transformation and an unwavering commitment to putting our customers first,” Mr Cassar explained.

The CEO of APS Bank said that "The strength and scale of this performance does not come as a surprise but is aligned with our ambitious objectives of increasing our share of market and wallet across all business lines, firming up profitability and improving efficiency, including in the use of capital and liquidity."