Eurobank Ergasias Services and Holdings SA
F:EFGD

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Eurobank Ergasias Services and Holdings SA Logo
Eurobank Ergasias Services and Holdings SA
F:EFGD
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Price: 3.316 EUR -2.41%
Market Cap: 12.1B EUR

Eurobank Ergasias Services and Holdings SA
Investor Relations

Eurobank Ergasias Services and Holdings SA, a prominent name in the banking sector, is a financial institution deeply rooted in Greece's evolving economic landscape. Emerging from the ashes of the financial crises that shook Europe, Eurobank has established a strong foothold not just within Greek borders but across a network that spans multiple countries in Southeastern Europe. The bank specializes in various segments, including retail, corporate, and private banking, along with asset management services. Its DNA reflects resilience and adaptability as it serves a diverse clientele ranging from individuals to multinational corporations. Eurobank's expertise in structuring robust financial products and services tailors to meet varied customer needs, whether it’s through daily banking operations, strategic investments, or complex financing solutions.

Eurobank makes money primarily through its core banking operations, which involve generating interest from loans and mortgages, earning fees from various banking products, and making investments. The bank benefits from a wide-reaching clientele base, allowing it to diversify its income streams across different demographics and geographical areas. Additionally, by focusing on relationship-building with its clients, Eurobank has been able to leverage its customer insights to drive innovative product offerings and enhance its wealth management capabilities. This strategic agility, combined with a focus on technology and customer service excellence, fortifies Eurobank’s position in a competitive market, positioning it as a key player in fostering economic growth in the regions it serves.

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Last Earnings Call
Fiscal Period
Q3 2025
Call Date
Oct 30, 2025
AI Summary
Q3 2025

Strong Results: Eurobank reported robust nine-month financial results, with adjusted net profit of EUR 1.058 billion and a return on tangible book value of 16.2%.

Loan Growth: Loan growth continued strongly, with EUR 3.3 billion in new loans over nine months, tracking above the revised full-year target of EUR 4 billion.

Fee Income: Commissions rose 24% year-on-year, and fee income guidance for 2025 has been raised to above EUR 740 million.

Eurolife Acquisition: Acquisition of the remaining 80% of Eurolife in Greece is expected to boost fee and commission income by 12% (around EUR 100 million) and increase earnings per share by EUR 0.02.

Dividend Policy: Interim dividend of EUR 0.047 per share to be paid, with a full-year payout ratio expected in the 50–60% range.

Capital Position: CET1 ratio remains strong at 15.5% after recent acquisitions, with excess capital of 130–150 basis points even post-Eurolife deal.

Guidance Upgrades: Return on tangible book value for the year is now projected to be 1 percentage point higher than originally targeted, close to 16%.

Key Financials
Adjusted Net Profit
EUR 1.058 billion
Return on Tangible Book Value
16.2%
Net Interest Income
EUR 1.9 billion (9 months)
Commissions
EUR 193 million (quarter); >EUR 740 million (2025 guidance)
Core Operating Profit
EUR 1.292 billion (9 months)
Loan Growth
EUR 3.3 billion (9 months)
Deposits
EUR 900 million increase (quarter-on-quarter)
Managed Funds
EUR 9.3 billion (September end)
Private Banking Assets and Liabilities
EUR 14 billion
CET1 Ratio
15.5%
Total Capital Ratio (CAD)
18.9%
NPE Ratio
2.8%
NPE Coverage
94%
Dividend Per Share
EUR 0.047 (interim dividend)
Cost-to-Core-Income Ratio
37.8% (9 months)
Operating Costs
Up 6% (9 months)
Loan Loss Provisions
EUR 238 million (9 months)
Other Earnings Calls

Management

Mr. Fokion C. Karavias
CEO & Executive Director
No Bio Available
Mr. Stavros E. Ioannou
Deputy CEO, Group COO, International Activities & Director
No Bio Available
Mr. Konstantinos V. Vassiliou
Deputy CEO, Head of Corporate & Investment Banking and Executive Director
No Bio Available
Mr. Charalambos Harris V. Kokologiannis
GM of Group Finance & Group CFO
No Bio Available
Mr. Yannis Chalaris
Investor Relations Manager
No Bio Available
George Orfanidis
General Manager of Legal Services
No Bio Available
Ms. Natassa Paschali
GM, Head of Group Human Resources General Division & Group CHRO
No Bio Available
Mr. Dimitris Verriopoulos
Head of Private Banking
No Bio Available
Ms. Julia Zavakos
Co-Head of Funding Origination
No Bio Available
Mr. Christos N. Adam
Group Chief Risk Officer & GM of Group Risk Management
No Bio Available

Contacts

Address
ATTIKI
ATHINA
Othonos Str. 8
Contacts
+302144061000.0
www.eurobank.gr