The U.S. investment bank maintains Overweight ratings on Alpha Bank, Eurobank and Piraeus Bank, highlighting upside potential of up to 24% as investors turn their attention to second-quarter earnings.
€2.2 billion net increase in performing loans during H1 2025, reflecting strong loan origination momentum.
“We have agreed to move forward with exclusive discussions regarding the potential acquisition of a 70% share in Ethniki Insurance for €469 million,” Piraeus stated in a filing to the stock exchange.
Piraeus Bank reported record nine-month profits of €932 million, or €0.72 per share, and a 15% rise in Q3 profits to €320 million. CEO Christos Megalou attributed the growth to strong revenue and cost management, raising the bank’s 2024 earnings target to €0.90 per share.
The Hellenic Financial Stability Fund (HFSF) announced on Thursday that it has concluded the sale of all the shares it held in Piraeus Financial Holdings
Quality of investors and strength of demand to determine success of divestment process
Βασικό εργαλείο για την θεραπεία των μη εξυπηρετούμενων ανοιγμάτων ο εξωδικαστικός μηχανισμός
The transition to a carbon-free economy is feasible and economically viable, Piraeus Bank CEO said
