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  1. Eurobank reports net loss of 301.1 mln in Q2
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    EconomyBanking

    Eurobank reported a net loss of 301.1 million euros in the second quarter (Q2) from 207.4 million in Q1. Excluding loss from discontinued operations (Ukraine) and non-recurring charges, the underlying net loss stood at 186.2 million euros, which was sli...

    3%

  2. Piraeus Bank reports net profit of 164.3 mln in Q2
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    EconomyBanking

    Piraeus Bank reported net profit of 164.3 million euros in Q2 from a loss of 246.6 million in Q1. This quarter’s profitability benefitted from two one-off items: The first relates to the recognition of additional deferred tax asset (DTA) of 200 million ...

    3%

  3. Eurobank reports loss of 186.6 mln in Q3
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    EconomyBanking

    Eurobank reported a net loss of 186.6 million euros in the third quarter (Q3) from 301.1 million in Q2. This quarter’s results incorporate a one-off positive impact of 168.1 million fully attributed to the recognition of additional deferred tax asset (D...

    3%

  4. Alpha Bank reports lower losses of 115.8 mln in Q1 2015
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    EconomyBanking

    Alpha Bank reported lower quarter on quarter (QoQ) net losses of 115.8 million euros in the first quarter (Q1) of 2015, from 440.2 million in Q4 2014. The improving bottom-line result mainly reflects lower operating expenses and impairment losses. Core ...

    3%

  5. NBG reports net losses of 401 mln in Q3, NPL formation accelerates in Greece
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    EconomyBanking

    National Bank (NBG) released its third-quarter (Q3) financial results on Monday, which showed net losses eased to 401 million euros from 1.61 billion in Q2. Bottom-line results reflect almost halving pre-provision income (PPI), a sharp drop in loan prov...

    3%

  6. Eurobank reports loss in Q4 and for 2015, management expects bank to turn profitable in 2016
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    EconomyBanking

    Eurobank kicked off the fourth-quarter (Q4) reporting season of Greek banks posting net loss of 175.3 million euros from a profit of 405.6 in Q3. The previous quarter positive bottom-line result in fully attributed to non-recurring items, primarily the ...

    3%

  7. Piraeus reports net loss of 37 mln in Q1, records negative NPL formation for first time since 2008
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    EconomyBanking

    Piraeus Bank posted a net loss of 37 million euros in the first quarter (Q1) of 2016 from 1.24 billion in the previous quarter, primarily burdened by exceptionally high loan provisions, and 67 million a year ago. The banks’ core pre-provision income (PP...

    3%

  8. Alpha Bank reports net losses of 16.8 mln in Q2
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    EconomyBanking

    Alpha reported net losses of 16.8 million euros in the second quarter (Q2) of 2016 from 2.2 million in the previous quarter. Results incorporate a one-off trading gain of 71.9 million euros from the acquisition of Visa Europe from Visa Inc and an extrao...

    3%

  9. Alpha Bank reports net profits of 20 mln in Q4, leading full-year earnings to 42 mln
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyBanking

    Alpha Bank remained profitable for the second straight quarter in Q4 2016, with net profits of 20.1 million euros from 41.1 million in the previous quarter. For the whole year, the bank recorded net profits of 42.1 million versus losses of 1.37 billion ...

    3%

  10. NBG reports net losses in Q2, NPEs down for fifth straight quarter
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    EconomyBanking

    National Bank of Greece (NBG) reported net losses of 13 million euros in the second quarter (Q2) of 2017 reversing the profits of 13 million in Q1, which resulted in a break-even bottom-line result for the first half (H1) of the year. The Q2 result incl...

    3%