By Helgi Library - February 21, 2018
Piraeus Bank Group's cost to income ratio reached 124% in the fourth quarter of 2015, up from 50.1% when compared to the previou...
By Helgi Library - July 24, 2019
Piraeus Bank Group's non-performing loans reached 39.5% of total loans at the end of 2015-12-31, up from 37.8% compared to the pr...
By Helgi Library - July 24, 2019
Piraeus Bank Group's mortgage loans reached EUR 17,429 mil in 1Q2015, up 0.105% compared to the previous year. Greek banking se...
| Profit Statement | Jun 2015 | Sep 2015 | Dec 2015 | |
| Net Interest Income | EUR mil | 464 | 463 | 463 |
| Net Fee Income | EUR mil | 77.2 | 71.3 | 78.7 |
| Other Income | EUR mil | 36.9 | 106 | 62.8 |
| Total Revenues | EUR mil | 579 | 640 | 605 |
| Staff Cost | EUR mil | 166 | 162 | 278 |
| Operating Profit | EUR mil | 249 | 320 | -146 |
| Provisions | EUR mil | 16,895 | 16,912 | 17,480 |
| Net Profit | EUR mil | -1,060 | 502 | -1,238 |
| Balance Sheet | Jun 2015 | Sep 2015 | Dec 2015 | |
| Interbank Loans | EUR mil | 143 | 176 | 180 |
| Customer Loans | EUR mil | 53,113 | 51,935 | 50,591 |
| Total Assets | EUR mil | 87,230 | 85,910 | 87,528 |
| Shareholders' Equity | EUR mil | 87,230 | 85,910 | 87,528 |
| Interbank Borrowing | EUR mil | 37,603 | 36,495 | 34,491 |
| Customer Deposits | EUR mil | 38,812 | 38,075 | 38,952 |
| Issued Debt Securities | EUR mil | 764 | 706 | 102 |
| Ratios | Jun 2015 | Sep 2015 | Dec 2015 | |
| ROE | % | -8.97 | 2.32 | -5.71 |
| ROA | % | -4.82 | 2.32 | -5.71 |
| Costs (As % Of Assets) | % | 1.50 | 1.48 | 3.47 |
| Costs (As % Of Income) | % | 57.0 | 50.1 | 124 |
| Capital Adequacy Ratio | % | 11.2 | 11.2 | 17.8 |
| Net Interest Margin | % | 2.11 | 2.14 | 2.14 |
| Loans (As % Of Deposits) | % | 137 | 136 | 130 |
| NPLs (As % Of Loans) | % | 39.4 | 40.5 | 39.5 |
| Provisions (As % Of NPLs) | % | 61.2 | 60.6 | 65.0 |
| Valuation | Jun 2015 | Sep 2015 | Dec 2015 | |
| Earnings Per Share (EPS) | EUR | -0.494 | -0.156 | -0.213 |
| Book Value Per Share | EUR | 14.3 | 14.1 | 39.4 |
| Dividend Per Share | EUR | 0 | 0 | 0 |
Get all company financials in excel:
| income statement | Unit | Apr 2024 | Dec 2015 |
| income statement | |||
| Net Interest Income | EUR mil | ... | |
| Net Fee Income | EUR mil | ... | |
| Other Income | EUR mil | ... | |
| Total Revenues | EUR mil | ... | |
| Staff Cost | EUR mil | ... | |
| Depreciation | EUR mil | ... | |
| Other Cost | EUR mil | ... | |
| Operating Cost | EUR mil | ... | |
| Operating Profit | EUR mil | ... | |
| Provisions | EUR mil | ... | |
| Extra and Other Cost | EUR mil | ... | |
| Pre-Tax Profit | EUR mil | ... | |
| Tax | EUR mil | ... | |
| Minorities | EUR mil | ... | |
| Net Profit | EUR mil | ... | |
| growth rates | |||
| Net Interest Income Growth | % | ... | |
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| Total Revenue Growth | % | ... | |
| Operating Cost Growth | % | ... | |
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| Pre-Tax Profit Growth | % | ... | |
| Net Profit Growth | % | ... |
| ratios | Unit | Apr 2024 | Dec 2015 |
| ratios | |||
| ROE | % | ... | |
| ROA | % | ... | |
| Costs (As % Of Assets) | % | ... | |
| Costs (As % Of Income) | % | ... | |
| Capital Adequacy Ratio | % | ... | |
| Tier 1 Ratio | % | ... | ... |
| Net Interest Margin | % | ... | |
| Asset Yield | % | ... | |
| Payout Ratio | % | ... | |
| Interest Income (As % Of Revenues) | % | ... | |
| Fee Income (As % Of Revenues) | % | ... | |
| Other Income (As % Of Revenues) | % | ... | |
| Cost Per Employee | USD per month | ... | |
| Cost Per Employee (Local Currency) | EUR per month | ... | |
| Staff Cost (As % Of Total Cost) | % | ... | |
| Equity (As % Of Assets) | % | ... | |
| Loans (As % Of Deposits) | % | ... | |
| Loans (As % Assets) | % | ... | |
| NPLs (As % Of Loans) | % | ... | |
| Provisions (As % Of NPLs) | % | ... | |
| Provisions (As % Of Loans) | % | ... | |
| Cost of Provisions (As % Of Loans) | % | ... |
| other data | Unit | Apr 2024 | Dec 2015 |
| other data | |||
| Branches | ... | ||
| Employees | ... | ||
| Revenues From Abroad | EUR mil | ... | ... |
| Profit From Abroad | EUR mil | ... | ... |
| Revenues From Abroad (As % Of Total) | % | ... | ... |
| Profit From Abroad (As % Of Total) | % | ... | ... |
| Sight (As % Of Customer Deposits) | % | ... |
Get all company financials in excel:
By Helgi Library - February 19, 2018
Piraeus Bank Group made a net profit of EUR -1,238 mil in the fourth quarter of 2015, down 273% when compared to the same period of last year. This implies a return on equity of -5.71%. Historically, the bank’s net profit reached an all time high of EUR 3,617 mil...
By Helgi Library - July 24, 2019
Piraeus Bank Group's customer deposits reached EUR 46,450 mil in 2015-03-31, down 15.3% compared to the previous year. Greek banking sector accepted customer deposits of EUR 181 bil in 2015-03-31, down 12.9% when compared to the last year. Piraeus Bank Gr...
By Helgi Library - February 21, 2018
Piraeus Bank Group generated total banking revenues of EUR 605 mil in the fourth quarter of 2015, up 8.23% when compared to the same period of last year and down 5.54% when compared to the previous quarter. Historically, the bank’s revenues contai...
By Helgi Library - October 7, 2019
Piraeus Bank Group's Equity reached 8.81% of total assets in the 4Q2015, down from 8.99% for the previous year. As a share of net customer loans, the ratio amounted to 25.1% at the end of the fourth quarter of 2015. ...
By Helgi Library - April 26, 2018
Piraeus Bank Group's loans reached EUR 68,071 mil in the fourth quarter of 2015, down from EUR 68,847 mil when compared to the previous quarter and down from EUR 72,983 mil when compared to the same period of last year. Historically, the bank’s loan...
By Helgi Library - July 24, 2019
Piraeus Bank Group's customer loan growth reached -11.5% in 2015-12-31, down from -8.37% compared to the previous year. Historically, the bank’s loans growth reached an all time high of 94.0% in 2013-06-30 and an all time low of -11.5% in 2015-12-31. In t...
By Helgi Library - February 22, 2018
Piraeus Bank Group's non-performing loans reached 2.22% of total loans at the end of 2015, down from 22.0% compared to the previous year. Historically, the NPL ratio hit an all time high of 25.2% in 2012 and an all time low of 2.22% in 2015. Provision cover...
By Helgi Library - May 4, 2018
Piraeus Bank Group's capital adequacy ratio reached 17.5% at the end of 2015, up from 12.5% compared to the previous year. Historically, the bank’s capital ratio hit an all time high of 17.5% in 2015 and an all time low of -5.00% in 2011. The Tier 1 ratio amo...
By Helgi Library - March 7, 2018
Piraeus Bank Group made a net profit of EUR -1,858 mil under revenues of EUR 2,393 mil in 2015, up 4.13% and -6.46% respectively compared to the previous year. Historically, the bank’s net profit reached an all time high of EUR 2,532 mil in 2013 and an all time low of ...
By Helgi Library - March 6, 2018
Piraeus Bank Group's loans reached EUR 599,850 mil in the 2015, up from EUR 64,974 mil compared to the previous year. Historically, the bank’s loans reached an all time high of EUR 599,850 mil in 2015 and an all time low of EUR 30,705 mil in 2007. In th...
Piraeus Bank Group is a Greece-based financial group providing various banking products and services in the Southeastern Europe, Greece, Western Europe, and Egypt. Through a network of some 800 branches and 1,800 ATMs on the domestic market, the Bank is especially strong in the areas of medium-sized and small enterprises, in agricultural banking, in consumer and mortgage credit, capital markets and investment banking, as well as leasing and factoring. The Group also possesses an international presence consisting of more than 300 branches focused in Southeastern Europe and Eastern Mediterranean, especially, in Romania, Bulgaria, Albania, Serbia and Ukraine. The company was founded in 1916 and is headquartered in Athens, Greece
Piraeus Bank Group has been growing its revenues and asset by 9.81% and 8.70% a year on average in the last 5 years. Its loans and deposits have grown by 6.09% and 5.73% a year during that time and loans to deposits ratio reached 130% at the end of 2015. The company achieved an average return on equity of -187% in the last five years with net profit growing 146% a year on average. In terms of operating efficiency, its cost to income ratio reached 61.5% in 2015, compared to 50.8% average in the last five years.
Equity represented 11.4% of total assets or 19.8% of loans at the end of 2015. Piraeus Bank Group's non-performing loans were 2.22% of total loans while provisions covered some 70.4% of NPLs at the end of 2015.
Piraeus Bank Group stock traded at EUR 0.300 per share at the end of 2015 resulting in a market capitalization of USD 806 mil. Over the previous five years, stock price fell by 98.40000000000001% or 56.5% a year on average. That’s compared to an average ROE of -187% the bank generated for its shareholders. This closing price put stock at a 12-month trailing price to earnings (PE) of x and price to book value (PBV) of 0.066x in 2015.
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