BCP proposes distributing 509 million euros in dividends to shareholders

Tuesday, 14 April 2026RSS
BCP proposes distributing 509 million euros in dividends to shareholders

BCP plans to distribute 509 million euros in dividends, representing 50% of its annual profits, while proposing a share buyback program and capital restructuring at its upcoming general meeting.

Context & Explainers

Miguel Maya is the CEO of BCP (Banco Comercial Português), one of Portugal's largest private banks. He recently warned that urgent action is needed to help businesses and protect jobs after severe weather damage, which matters because banks may face higher loan defaults and could offer emergency credit or relief to affected customers.

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