At the Shareholders’ Meeting held on 31 March 2026, shareholders of AS Citadele banka (“Citadele”) approved the distribution of dividends from profits earned after 1 December 2018 in the amount of EUR 0.183 per share, representing a total payout of EUR 25.7 million.
The company’s dividend policy targets a payout of 50% of annual profit. In light of recent developments in the Middle East and the associated market uncertainty, a prudent approach was taken, resulting in a dividend payout ratio of 31.5%. Shareholders retain the flexibility to reassess this decision later in the year and may consider distributing the remaining EUR 15.1 million within the policy framework, subject to market conditions.
Dividends will be paid to shareholders who held Citadele banka shares on 31 March 2026. Payment will be made on 27 April 2026.
About Citadele Group
Citadele’s mission is to modernise the financial sector by offering a range of next-generation financial technology-based services alongside traditional banking products, serving both private individuals and entrepreneurs across the Baltics. In 2025, Citadele issued EUR 1.6 billion in new loans, with the total loan portfolio reaching EUR 3.8 billion and deposits growing to EUR 4.3 billion. Citadele Bank is the Group’s parent company in Latvia, and its subsidiaries and branches operate in Latvia, Lithuania and Estonia.