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Business transformation paying off as Eurobank records 932.3 mln profit in 9M
EconomyBankingEurobank posted an adjusted net income of 932.3 million euros in the nine months of 2022 (9M), compared to a profit of 297.5 million euros last year. Core pre-provision income (PPI) rose by 17.7... exposures (NPEs) decreased by 500 million euros in 9M to 2.4 billion euros. Eurobank’s NPE ratio stood
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Eurobank net profit jumps 4x to 1.33 bln in 2022, NPE ratio at 5.2 pct
EconomyBankingEurobank posted an adjusted net income of 1.17 billion euros in the full 2022, compared to a profit of 424.3 million euros in the previous year. The profit was adjusted for the sale of the merchant.... Eurobank’s NPE ratio stood at 5.2 percent in 2022, down by 1.6 percentage points year-on-year, while NPE
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Eurobank NII jumps by over 55 pct in Q1, NPE ratio at 5 pct
EconomyBankingEurobank posted an adjusted net profit of 255.3 million euros in Q1 2023, compared to a profit of 302.4 million euros last year. The profit was adjusted by normalising other income, after deducting... (NPEs) decreased by 500 million euros in Q1 to 2.1 billion euros. Eurobank’s NPE ratio stood at 5.1
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Eurobank's NII jumps by 56.2 pct in H1 to more than 1 bln
EconomyBankingEurobank posted an adjusted net profit of 598.5 million euros in H1 2023, compared to a profit of 755 million euros last year, a drop of 20.7 percent. The profit was adjusted by normalising other... euros. Eurobank’s NPE ratio stood at 5.7 percent in Q1, down by 0.7 percentage points year-on-year
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Eurobank's NII climbs by 55.3 pct to 1.6 bln in 9M
EconomyBankingEurobank posted an adjusted net profit of 916.3 million euros in 9M 2023, compared to a profit of 924.2 million euros last year, a drop of under 1 percent. The profit was adjusted by normalising... of non-performing exposures (NPEs) decreased by 200 million euros in 9M to 2.1 billion euros. Eurobank
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Net interest income soars by 47 pct in 2023 as Eurobank reports net profit of 1.14 bln
EconomyBankingEurobank posted an adjusted net profit of 1.26 billion euros in 2023, compared to a profit of 1.18 billion euros in the previous year, a rise of 6.6 percent. Net profit was 1.14 billion euros vs... The stock of non-performing exposures (NPEs) in 2023 came to 2.5 billion euros. Eurobank’s NPE
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Significant fall in migrant arrivals but camp conditions a growing concern
PoliticsGreek PoliticsSupport Office (EASO) presence only stands at 128 (68 of those were already in the country before... to process around 200 cases per day.” At the moment, the Frontex and EASO numbers are well down on what... EASO (interpreters and asylum officers). The slow implementation of the EU-Turkey agreement
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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) by 9 percent quarter on quarter (QoQ), a drop in impairment losses by 26 percent and eliminating
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Eurobank reports loss of 186.6 mln in Q3
EconomyBankingEurobank 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 (DTA), which was mitigated by a broadly similar
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Eurobank turns profitable in Q1 for first time since Q3 2011, with net profit of 60 mln
EconomyBankingEurobank reported net profit of 60.2 million euros in the first quarter (Q1) of 2016 from a loss of 94.4 million in the previous one. This was the first profitable quarter for the bank after seventeen quarters since Q3 2011. It is worth noting that stripping out a one-off gain of 57 million posted
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