Banca Transilvania to pay 1.4 bln lei dividends in 2026

Banca Transilvania will distribute dividends worth 1.4 billion lei, representing approximately 34% of its 2025 net profit, which reached nearly 4.1 billion lei, the bank announced on Tuesday. The gross dividend per share is 1.2840240875 lei, with a yield of about 3.6%. The dividend payment date is June 16, 2026, while the ex-dividend date is June 15, 2026. The bank will increase its share capital by issuing approximately 157 million shares with a nominal value of 10 lei, through the incorporation of reserves from the 2025 net profit, according to Romania Journal.

According to the cited source, shareholders will receive approximately 14 free shares for every 100 shares held on the record date, representing a whole number of shares resulting from the proportion of newly issued shares to the total existing shares before the operation. The distribution date for the free shares is July 20, 2026.

The proposals presented at the General Meeting of Shareholders (GMS) on April 28, 2026, and approved by shareholders, reflect both the bank’s solid financial performance and the volatile economic context. The balanced dividend policy is part of BT’s commitment to creating value for shareholders and strengthening its market position.

During the same GMS, shareholders elected the Board of Directors for the 2026–2030 term. “The new composition of the Board of Directors—through four reconfirmations and three new members—ensures both continuity and complementarity for the bank,” the statement said.

Thus, Horia Ciorcilă, Chairman of the Board of Directors and one of the bank’s founders, received a new mandate from shareholders; Ivo Gueorguiev was reconfirmed and appointed Vice Chairman; Irela Bordea and Florin Predescu-Vasvari, independent non-executive members, were reconfirmed; while Gabriela Nistor, Doru Lionăchescu, and Teodor Torgie are the new non-executive members of the Board.

Over the last three years, Banca Transilvania (BT) has transitioned from being the undisputed leader of the Romanian banking sector to a dominant regional force. Through a combination of aggressive acquisitions, digital acceleration, and a robust lending strategy, the institution has redefined the scale of financial services in Southeast Europe.

A legacy of strategic acquisitions

Between 2023 and 2026, BT maintained its position as the primary consolidator of the Romanian market. The most significant milestone was the acquisition of OTP Bank Romania, a move finalized in 2024 that increased BT’s market share and asset base.

Financial performance and market capitalization

The financial results of the last three fiscal years highlight a period of growth. By the end of 2025, Banca Transilvania reported significant net profits, driven by high interest rates and a diversified revenue stream including insurance and wealth management.

Key financial indicators (2023–2026):

• Asset growth: Total assets surpassed 180 billion RON by early 2026.

• Dividend policy: BT remained a key player for Bucharest Stock Exchange (BVB) investors, maintaining a consistent payout ratio.

• Market cap: As of 2026, BT remains the most valuable company on the BVB, acting as the main driver for the BET index.

Digital evolution and BT Pay

The digital transformation has been centered around the BT Pay ecosystem. The application evolved into a platform integrating consumer loans, insurance, investment funds, and various travel services, targeting a user base of over 4 million customers.

Social impact and SME lending

BT has remained the primary lender for the SME sector in Romania. In the context of the PNRR (National Recovery and Resilience Plan) funds, the bank acted as an intermediary, channeling capital into green energy projects and local infrastructure between 2024 and 2026.

Comments

comments