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National Bank reports 1.15 bln H1 profit on back of 1 bln deferred tax
EconomyBanking. The underlying profitability reflects pre-provision income (PPI) of 828 million in H1, up 5 percent coupled with a drop in loan provision by 17 percent to 705 million. The quarterly figures show PPI down 11... of PPI performance are net interest income (NII) evolution and cost containment. NII fell 6 percent
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Eurobank turns profitable in Q1 for first time since Q3 2011, with net profit of 60 mln
EconomyBankingreflects a notable rise in the pre-provision income (PPI) and a significant drop in loan loss provisions... in operating income coupled with cost containment led PPI up by almost 58 percent QoQ to 261.1 million... the financial performance in Q1, the management reiterated its guidance for mid-teen growth in PPI
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BoG report reveals impact on banks’ capital from NPE reduction and loan sales
EconomyBankingexamined four scenarios. The best-case scenario assumed increase in the pre-provision income (PPI) by 8... scenarios assumed: a) PPI rise of 12 percent and CoR of 1.3 percent and b) PPI increase of 5.5 percent
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Stocks climb 4.8 pct on increased optimism about deal with institutions
Economyincome (PPI) rebounded by 5 percent quarter on quarter (QoQ) and 26.8 percent for 2016. Alpha Bank.... In addition, core PPI edged up 1.5 percent QoQ to 301.6 million in Q4. NBG remained profitable in Q4 with net profits of 73 million, while the full year figure stood at 53 million. Moreover, core PPI
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Piraeus Bank posts net loss of 80 mln in Q1
EconomyBankingincome (PPI) fell by 55.1 percent quarter-on-quarter (QoQ) to 65 million. When excluding one-off... scheme and extraordinary staff costs of 138 million and 16 million, PPI rose by 26.6 percent to 203... effect, which was -7.8 percent, the bank said. The three-year cumulative baseline PPI was assumed
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Alpha Bank posts net loss of 10.9 mln in Q1
EconomyBankingprofits of 27.5 million euros. Core pre-provision income (PPI) rose by 13.6 percent quarter-on-quarter (QoQ) to 229.6 million. Year-on-year (YoY), core PPI rose by 8.9 percent from 210.8 million euros a year ago. The bank noted that the PPI results were mainly driven by a significant decline in operating
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NBG net profit at 983 mln in 9M, NII up by 9 pct at 1.78 bln
EconomyBankingpercent annual rise. Core PPI was 1.46 billion euros, against 1.31 billion in 9M 2023, while PPI was 1.54... in 9M stood at 159 million, from 175 million in 2023. Core Pre-Provision Income (PPI) stood at 1.46
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Eurobank records net loss of 207.4 mln in Q1
EconomyBankingEurobank kicked off Greek banks’ Q1 results releases posting a net loss of 207.4 million euros in Q1 2014 from 913.1 in Q4 2013. The lower loss reflects an improvement in pre-provision income (PPI... year on year but only QoQ. Higher PPI QoQ at 194 million in Q1 is fully attributed to lower costs
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National Bank posts 9-month profits of 1.18 bln
EconomyBankingreflect an improvement in the pre-provision income (PPI) by 6 percent to 413 million outpacing..., the key drivers of PPI evolution are net interest income (NII) recovery and cost containment. NII
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Eurobank posts loss of 523.7 mln in Q4 2014
EconomyBanking(PPI). Core PPI rose 9.8 percent QoQ to 210.6 million in Q4 reflecting a rebound in the core revenue
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