Banking
Alpha NII at 1.22 bln in 9M, fees up by 11 pct YoY at 306 mln
Alpha Bank reported a net profit of 489 million euros in 9M 2024, compared to a profit of 498 million euros in the same period of 2023, a drop of 2 percent.
NBG net profit at 983 mln in 9M, NII up by 9 pct at 1.78 bln
National Bank of Greece (NBG) reported a core profit after tax of 983 million euros in 9M 2024, compared to a profit of 855 million euros in the same period of 2023, a rise of 15 percent year-on-year (YoY).
Eurobank NII jumps by 14.3 pct YoY to 1.83 bln in 9M
Eurobank posted a net profit of 1.13 billion euros in 9M, compared to 980.1 million euros in the same period of 2023.
Piraeus NII at 1.58 bln in 9M, commission income at 480 mln
Piraeus Bank posted a net profit after tax of 932 million euros in 9M 2024, from 721 million euros up to September last year.
Sale of 10 pct stake in NBG ups taxpayer losses from banks to 34 bln
The latest divestment from the banking sector by the Greek state was completed on Thursday when the book closed for the placement of a 10 pct stake in National Bank of Greece (NBG).
Bumper results for banks add to frustration over interest rates, fees
Over recent weeks, the Greek systemic banks released another set of solid results for H1, with strong profitability and building on last year’s performance that allowed them to distribute total dividends exceeding 900 million euros, the first distribution to shareholders in 16 years.
Alpha NII rises 6 pct YoY to 829 mln, commissions income up 14 pct
Alpha Bank reported a net profit of 322 million euros in H1 2024, compared to a profit of 303 million euros in the same period of 2023, a rise of 7 percent.
NBG NII jumps 13 pct YoY in H1 to 1.19 bln, net profit up 27 pct to 646 mln
National Bank of Greece (NBG) reported a core profit after tax of 646 million euros in H1 2024, compared to a profit of 508 million euros in the same period of 2023, a significant rise of 27 percent year-on-year (YoY).
Eurobank NII jumps 8.6 pct to 1.13 bln in H1, fees income also up to 282.7 mln
Eurobank posted a net profit of 721.3 million euros in H1, compared to 684 million euros in the same period of 2023.
Piraeus NII exceeds 1 bln in H1, commissions income at 325 mln
Piraeus Bank posted a net profit after tax of 612 million euros in H1 2024, from 442 million euros in H1 last year.