Alpha Bank SA
F:UI6

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Alpha Bank SA Logo
Alpha Bank SA
F:UI6
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Price: 3.843 EUR 1.64% Market Closed
Market Cap: 8.9B EUR

Alpha Bank SA
Investor Relations

Alpha Bank SA is a GR-based company operating in Banks industry. The company is headquartered in Athina, Attiki. The company went IPO on 2025-06-30. Alpha Bank SA is a Greece-based company primarily engaged in the financial sector. The Bank is active in retail, corporate and private banking, wealth and asset management, treasury, capital markets and other activities. The Bank's business segments include: Retail, which offers deposit and bancassurance products, loan facilities, debit and credit cards, personal, individual and small business loans; Wholesale, which offers commercial banking and hospitality loans, working capital facilities, letters of guarantee, syndications, leasing products and factoring services, investment banking, commercial real estate, infrastructure and shipping loans, trading, treasury, activities of the Dealing Room in the interbank market, wholesale trade lending and transaction banking; Wealth Management, which consists of asset management services, as well as private banking, advisory and brokerage; and International, for its Cyprus and United Kingdom subsidiaries, and its Luxembourg branch.

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Last Earnings Call
Fiscal Period
Q1 2025
Call Date
May 9, 2025
AI Summary
Q1 2025

Record Profitability: Alpha Bank reported Q1 normalized profits of $239 million, marking its highest quarterly figure since 2007 and representing an 8% increase year-on-year.

Return on Equity: Normalized return on tangible equity reached 15.4%, reflecting strong operating performance.

Capital Strength: Core equity Tier 1 (CET1) ratio remained robust at 16.3%, even after accounting for the full impact of Basel IV.

Guidance Upgraded: 2024 EPS guidance was raised to above $0.45, about 7% higher than previously, with medium-term EPS growth targets set at 8% per annum.

Solid Asset Quality: NPE ratio held stable at 3.8%, and cost of risk was in line with guidance at 53 basis points, with no signs of distress in the loan book.

Fee Income & Growth: Fee income rose 11% year-on-year, and performing loans grew 1% quarter-on-quarter and 13% year-on-year.

Strategic M&A: The acquisition of AXIA Ventures and an expanded UniCredit partnership are projected to triple investment banking revenues by 2027 and deliver EPS accretion.

Net Interest Income Outlook: Guidance for at least EUR 1.65 billion in 2025 and EUR 1.7 billion in 2026 was reaffirmed, despite expectations for lower interest rates.

Key Financials
Normalized Profit
$239 million
Reported Profit
EUR 223 million
EPS
9% per share
Return on Tangible Equity
15.4%
Core Equity Tier 1 Ratio (CET1)
16.3%
Net Interest Income
$395 million
Performing Loans
EUR 33.7 billion
NPE Ratio
3.8%
Coverage Ratio
15%
Cost of Risk
53 basis points
Dividend Accrual
EUR 111 million
Capital Generation
71 basis points (organic, Q1)
Other Earnings Calls

Management

Mr. Vassilios E. Psaltis Ph.D.
CEO & Executive Director
No Bio Available
Mr. Vassilios G. Kosmas
Chief Financial Officer
No Bio Available
Mr. Konstantinos G. Sarafopoulos
Group's Chief Investment Officer
No Bio Available
Mr. Michalis V. Tsarbopoulos
Chief Digital and Technology Officer
No Bio Available
Mr. Spyridon P. Tzamtzis
Executive GM of IT & Chief Information Officer
No Bio Available
Iason Kepaptsoglou
Manager of Investor Relations Division
No Bio Available
Mr. Nikolaos V. Salakas
Chief of Corporate Center & General Counsel
No Bio Available
Mr. Xenofon D. Avlonitis
Chief of Compliance
No Bio Available
Kyriaki Ch. Inempolidi
Manager of Marketing and Public Relations Division
No Bio Available
Ms. Fragiski G. Melissa
GM & Chief Human Resources Officer
No Bio Available

Contacts

Address
ATTIKI
ATHINA
Stadiou 40
Contacts
+302103260000
www.alpha.gr