Piraeus reports 729 mln profit as cost of balance sheet clean-up drops by 3.5 bln
NBG reports 652 mln profit in 9M, core PPI up 14 pct
Business transformation paying off as Eurobank records 932.3 mln profit in 9M
Alpha Bank profits of 92.7 mln in Q3 raise 9M income to 335.4 mln
Piraeus Bank reports 614 mln profit in H1 after NPE de-risking drive in 2021
Business transformation brings profit of 243 mln euros for Alpha Bank in H1
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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