The total net profit of Armenian banks in the first quarter of 2026 amounted to 103.48 billion drams, increasing by 2.27% compared with the same period last year. These data are provided by the ARKA agency, publishing a ranking of the country’s largest banks by financial result.

Ardshinbank became the profit leader with a result of 33.12 billion drams, despite a 7.33% decline year-on-year. Second place was taken by Ameriabank, which posted 19.22 billion drams and growth of almost 20%, strengthening its position against the backdrop of the overall sector. Next comes ACBA BANK with 7.59 billion drams amid a slight decline.

Fourth position was taken by Araratbank, which showed one of the highest growth rates — up 64.07% to 5.12 billion drams. Inecobank rounds out the top five with a profit of 4.93 billion drams, while a noticeable decline of almost 34% was recorded. Overall, the ranking shows mixed dynamics within the banking sector while maintaining overall profitability.