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Alpha records 497.2 mln profit in H1, commissions jump by 34% YoY
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NBG profits at 661 mln in H1, net interest income at 1.1 bln
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Net interest income and fees push Piraeus Bank profits to 617 mln in H1
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Alpha Bank Q1 NII rises by 5.3 pct, commission income soars by 29 pct
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NBG reports profits of 344 mln in Q1, NII at 541 mln
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Eurobank net profit rose to 331 mln in Q1, commission income jumps 20 pct YoY
National Bank starts 2014 posting net profit of 181 mln in Q1
National Bank was the second Greek bank after Eurobank, which published Q1 results on May 28. Net profit landed at 181 million from 27 million last year mainly reflecting soaring pre-provision income (up 25 percent) and receding impairment losses (down 15 percent).
Even excluding several positive one-off items mainly related to deferred tax asset, the bank posted operating profit (before tax) at 76 million from 34 million in Q4 2013 and loss of 76 million in Q1 2013.
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