YEREVAN, October 19. /ARKA/. The ARKA news agency presents a ranking of 17 Armenian banks based on their after-tax profit for the period from January to September 2026. The aggregate profit reached 334.44 billion drams, an increase of 8.63% compared to the same period in 2025.
Ardshinbank retained the top spot with a profit of 104.82 billion drams, marking a year-on-year growth of 1.56%. Ameriabank took second place with 65.09 billion drams a 27.51% increase. Akba Bank ranked third with 26.43 billion drams, down 0.53% from the previous year’s figure.
Inecobank placed fourth with 22.27 billion drams (a 3.05% increase), while IDBank rounded out the top five with a profit of 15.74 billion drams (a 13.95% increase).
Among the 17 banks, Akba Bank, Evocabank, Unibank, and Fast Bank recorded a year-on-year decline in profit. The top five performers for the third quarter are as follows: Ardshinbank (36.05 billion drams, an increase of 1.10% compared to the second quarter of 2026), Ameriabank (25.10 billion drams, a quarterly growth of 20.89%), ACBA Bank (9.89 billion drams, a quarterly growth of 10.50%), Inecobank (8.63 billion drams, a decline of 0.95%), and IDBank (5.59 billion drams, an increase of 0.46%).
This ranking of banks by profit is based on the ARKA agency’s bulletin, “Performance Indicators of Armenian Banks: Operational Data for the Third Quarter of 2026,” which is compiled from reports published by Armenian banks in accordance with International Financial Reporting Standards (IFRS).
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