Search
-
Eurobank reports loss in Q4 and for 2015, management expects bank to turn profitable in 2016
EconomyBankingEurobank 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% -
Piraeus reports net loss of 37 mln in Q1, records negative NPL formation for first time since 2008
EconomyBankingPiraeus 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% -
Alpha Bank reports net losses of 16.8 mln in Q2
EconomyBankingAlpha 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% -
Alpha Bank reports net profits of 20 mln in Q4, leading full-year earnings to 42 mln
EconomyBankingAlpha 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% -
NBG reports net losses in Q2, NPEs down for fifth straight quarter
EconomyBankingNational 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% -
NBG reports net loss of 35 million in Q3, NPEs fall for sixth quarter
EconomyBankingNational Bank of Greece (NBG) reported a net loss of 35 million euros in the third quarter (Q3) of 2017, slowing from a loss of 156 million euros in Q2. This resulted in aggregate bottom-line results of a net loss of 178 million euros. The Q3 result inc...
3% -
NBG reports net loss of 163 mln in 2017, bad loans continue to fall
EconomyBankingNational Bank of Greece (NBG) reported a net loss of 60 million euros in the fourth quarter (Q4) of 2017 from continued operations, deepening from the loss of 44 million in Q3. This resulted in full-year bottom-line results coming to a net loss of 163 m...
3% -
NBG reports full year net profits of 50 million euros from continued operations
EconomyBankingNational Bank of Greece (NBG) reported a net profit of 1 million euros from continued operations for the fourth quarter (Q4) of 2018, declining from profits of 9 million noted in the third quarter (Q3). Factoring in discontinued operations, net results ...
3% -
NBG reports net profits of 131 mln in Q1, accelerating profitability
EconomyBankingNational Bank of Greece (NBG) reported a net profit of 131 million euros from continued operations in the first quarter (Q1) of 2019, gaining on the profits of 8 million euros reported in Q4. The figure for the same quarter last year stood at a profit o...
3% -
NBG reports net profits of 122 mln in Q2, highlights successful bond sale
EconomyBankingNational Bank of Greece (NBG) reported a net profit of 122 million euros from continued operations in the second quarter (Q2) of 2019, down from profits of 131 million euros reported in Q1. Quarter-on-quarter (QoQ), this represents a decline of 7 percen...
3%