YEREVAN, April 20. /ARKA/. The total net profit (after tax) of Armenian banks in Q1 2026 amounted to AMD 103.48 billion, compared to AMD 101.18 billion in Q1 2025, an increase of 2.27%. Moreover, compared to the previous quarter, Q4 2025, the increase was 5.84%.
This is according to the ARKA news agency’s bulletin “Armenian Bank Performance Indicators. Operational Data for Q1 2026,” compiled based on Armenian banks’ reports published in accordance with IFRS.
It is worth noting that all 17 banks operating in Armenia ended the first quarter with a profit. Of these, 10 banks increased their profits compared to the first quarter of 2025, while 7 banks saw a decrease. A comparison of quarterly profits shows that only 5 banks registered growth, while the remaining 12 banks saw a decrease in profits compared to the fourth quarter of last year.
The total assets of Armenian banks as of March 31, 2026, amounted to 13.15 trillion drams (a 2.51% increase compared to the previous quarter and a 16.67% increase compared to the first quarter of 2025).
The volume of bank loan investments at the end of March 2026 amounted to 8.01 trillion drams, an increase of 4.05% compared to the end of December 2025 and 22.63% compared to the end of March 2025. Total liabilities at the end of the first quarter of 2026 amounted to 10.85 trillion drams, representing a 1.86% increase compared to the fourth quarter of 2025 and a 15.76% increase compared to the first quarter of 2025.
The total capital of Armenian banks as of March 31, 2026, amounted to 2.3 trillion drams, an increase of 5.7% compared to the previous quarter and 21.16% compared to the same quarter of the previous year. ($1 = 373.34 drams).
