In 2025, the five largest banks in Portugal—Caixa Geral de Depósitos (CGD), BCP, Santander Totta, BPI, and Novo Banco—reported combined profits of 5.2 billion euros, marking a 5.9% increase from the previous year. This growth was driven by gains in financial margins and fee income, with total fees exceeding 2.5 billion euros. CGD and BCP achieved record profits, while BPI experienced a decline. Despite lower interest rates, the banks maintained strong financial performance through increased fee income and operational gains, highlighting the resilience of the Portuguese banking sector.