Piraeus Financial Holdings S.A

Piraeus Financial Holdings S.A

TPEIR · AT · Financial Services / Banks - Regional

9.99EUR-0.11 (-1.05%)

Price History

Full chart

Market Stats

Previous Close10.10
Open10.00
Day Range9.96 – 10.21
52-Week Range6.27 – 10.98
Volume4.38M
Market Cap11.87B
P/E (TTM)10.95
Forward P/E8.60
EPS0.88
Dividend Yield4.08%
Beta0.90
50-Day Avg10.14
200-Day Avg9.04

About

Piraeus Financial Holdings S.A., together with its subsidiaries, engages in the provision of banking products and services in Greece and internationally. It operates through Retail Banking, Corporate Banking, Piraeus Financial Markets, Other, and NPE Management Unit segments. The company offers time, saving, and current deposits, as well as personal banking and payroll accounts; credit, debit, and prepaid cards; mortgage, commercial real estate, corporate, consumer, motor vehicle, sovereign, personal, home, farming, restructuring, and working capital loans; overdrafts; mutual funds, corporate and treasury bonds, equities, energy finance, and treasury products; and car, home and civil liability, health, endowment, accident/life, lifestyle, and corporate insurances. It also provides financial planning, asset management, payment/remittance, cash management, settlement, payroll, fixed income, foreign exchange, restructuring, risk management, stock exchange, corporate factoring, financial and operating leasing, and digital banking services. In addition, the company offers infrastructure advisory, project and real estate finance, remote banking, debt securities issuance, and commercial debt assessment and collection services. Further, it is involved in group life and health, and electronic and cyber risks insurance programs; portfolio, yachting, shopping center, property, city link areas, and real estate management services; insurance agency, land and real estate property development, and construction services; trading of boat vehicle, cars, and equipment; real estate purchase, sales, and rentals; and consulting, hotel and training, financial, telecommunication, and information technology services. Piraeus Financial Holdings S.A. was formerly known as Piraeus Bank S.A. The company was founded in 1916 and is headquartered in Athens, Greece.

Company Details

  • SectorFinancial Services
  • IndustryBanks - Regional
  • CEOMr. Christos Loannis Megalou
  • Employees8.79K
  • Headquarters4 Amerikis Street, Athens, Greece, 10564, Greece
  • Websitehttps://www.piraeusbank.gr

Leadership

  • Mr. Christos Loannis MegalouMD, CEO & Executive Director · b. 1959
  • Mr. Vasileios Dimitrios KoutentakisExecutive Director · b. 1963
  • Mr. Theodoros Ch. GnardellisExecutive GM & Group CFO · b. 1975
  • Mr. Charalampos MargaritisExecutive GM & Group COO · b. 1972
  • Ms. Chryssanthi BerbatiGM and Head of Business Planning, IR & ESG
  • Mr. Georgios Ioannis LiakopoulosGroup General Counsel · b. 1959
  • Mr. Georgios GeorgopoulosExecutive GM & Group Chief Human Resources Officer
  • Mr. Emmanouil BardisExecutive GM & Group Chief Credit Officer · b. 1967
  • Mr. Ioannis StamoulisExecutive GM & Group Chief Risk Officer · b. 1975
  • Mr. Theodore TzourosExecutive GM and Chief of Corporate & Investment Banking · b. 1977

Financials

Income Statement

Currency: EUR2014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue-1.31B-1.11B2.86B2.41B2.36B2.25B2.22B2.69B2.64B3.38B3.78B2.43B
Growth (%)-+14.64%+356.40%-15.63%-2.24%-4.29%-1.69%+21.11%-1.71%+28.08%+11.72%-35.67%
Cost of Revenue00716.10M561.00M465.00M420.00M339.00M375.00M339.00M797.00M1.02B138.00M
Gross Profit-1.31B-1.11B2.14B1.85B1.89B1.83B1.88B2.31B2.30B2.58B2.76B2.29B
Gross Margin100.00%100.00%74.93%76.72%80.26%81.37%84.71%86.03%87.15%76.42%72.99%94.32%
Operating Expense1.55B1.55B2.29B3.07B1.81B1.45B2.41B5.00B1.26B1.50B1.32B913.00M
Operating Income-2.86B-2.66B-150.58M-1.22B80.00M389.00M-534.00M-2.69B1.04B1.08B1.44B1.38B
Operating Margin219.00%239.03%-5.27%-50.58%3.40%17.25%-24.09%-100.22%39.30%31.89%38.03%56.73%
EBITDA---51.58M-1.12B183.00M519.00M-416.00M-2.58B1.15B1.18B1.55B1.57B
EBITDA Margin---1.81%-46.51%7.77%23.02%-18.76%-95.98%43.39%35.03%41.18%64.64%
Net Income-1.97B-1.89B-34.36M-200.00M-158.00M280.00M-664.00M-3.01B950.00M788.00M1.07B1.06B
Net Income Margin150.57%169.90%-1.20%-8.30%-6.71%12.42%-29.95%-112.22%36.00%23.31%28.23%43.72%
Interest Expense00716.10M561.00M465.00M420.00M339.00M375.00M339.00M797.00M1.02B767.00M
Interest Expense % of Total Revenue0.00%0.00%25.07%23.28%19.74%18.63%15.29%13.97%12.85%23.58%27.01%31.58%

Balance Sheet

Currency: EUR2014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets89.29B87.93B81.50B67.42B61.88B61.23B71.58B79.79B74.64B76.45B80.04B90.89B
Total Liabilities81.97B77.91B71.68B57.87B54.37B53.46B64.42B73.99B68.06B69.10B71.77B82.72B
Total Equity7.21B9.91B9.66B9.42B7.39B7.66B7.05B5.79B6.55B7.30B8.22B8.10B
Cash2.57B2.07B2.12B2.05B3.08B3.71B9.23B15.77B9.96B10.76B7.58B7.50B
Total Debt--425.92M508.00M568.00M1.03B1.53B2.01B1.89B2.92B4.62B11.10B
Net Debt---1.70B-1.54B-2.45B-2.67B-7.70B-13.76B-8.07B-7.84B-2.96B3.60B

Cash Flow

Currency: EUR2014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow1.08B13.86B383.29M2.22B-705.00M-692.00M6.29B4.00B-6.90B779.00M-4.05B2.02B
Investing Cash Flow-1.59B-949.59M-567.18M-459.00M-211.00M934.00M-1.12B319.00M763.00M-698.00M479.00M-6.47B
Financing Cash Flow1.23B-13.30B-213.72M183.00M92.00M143.00M402.00M2.23B-292.00M786.00M1.28B5.84B
Capital Expenditure209.36M235.64M238.91M246.00M179.00M105.00M82.00M127.00M169.00M168.00M312.00M159.00M
Free Cash Flow--144.38M1.97B-884.00M-797.00M6.20B3.87B-7.07B611.00M-4.37B1.86B
Dividends Paid----------79.00M373.00M
FCF to OCF--37.67%88.92%125.39%115.17%98.70%96.83%102.45%78.43%107.70%92.14%
Dividend Paid to FCF-----------1.81%20.02%

Earnings

Report DateDec 31, 2003Dec 31, 2004Aug 10, 2005Nov 9, 2005Feb 21, 2006Mar 31, 2006Jun 30, 2006Nov 8, 2006Jan 31, 2007Mar 31, 2007Jul 30, 2007Oct 31, 2007Dec 31, 2007Mar 31, 2008Jun 30, 2008Oct 20, 2008Feb 27, 2009May 20, 2009Aug 26, 2009Nov 19, 2009Feb 25, 2010May 28, 2010Aug 27, 2010Nov 25, 2010Mar 23, 2011May 27, 2011Aug 30, 2011Nov 29, 2011May 30, 2012Aug 30, 2012Dec 21, 2012Mar 30, 2013May 20, 2013Aug 28, 2013Nov 29, 2013Mar 17, 2014May 30, 2014Aug 30, 2014Nov 26, 2014Mar 19, 2015May 28, 2015Aug 28, 2015Nov 1, 2015Mar 8, 2016May 31, 2016Aug 30, 2016Nov 16, 2016Mar 31, 2017May 24, 2017Aug 31, 2017Nov 28, 2017Mar 28, 2018May 11, 2018Sep 1, 2018Nov 30, 2018Mar 29, 2019Jun 3, 2019Aug 30, 2019Nov 22, 2019Mar 30, 2020Jun 1, 2020Aug 7, 2020Nov 23, 2020Mar 16, 2021May 25, 2021Aug 9, 2021Nov 19, 2021Mar 16, 2022May 12, 2022Aug 3, 2022Nov 11, 2022Feb 24, 2023May 5, 2023Jul 31, 2023Nov 3, 2023Feb 14, 2024Apr 30, 2024Jul 31, 2024Nov 1, 2024Feb 24, 2025Apr 28, 2025Jul 30, 2025Oct 31, 2025Feb 27, 2026Apr 30, 2026Jul 28, 2026Oct 30, 2026Feb 25, 2027
EPS Estimate--59455.0167210.0171814.75--77550.0184012.51-129250.01138943.76---135712.51-61393.7659400.0075900.00-35762.1035244.0013200.00-3052.50--3300.00-6600.00-39600.00--16500.00-13200.00----8910.00--990.00-1596.87-1.10-294.85--711.31-79.200.95-0.650.060.100.710.330.013.470.992.970.020.831.32-0.17-0.66-0.330.99-2.970.430.10-0.120.260.060.030.080.090.130.140.190.160.220.220.220.220.220.220.220.210.200.240.250.26
EPS Actual33875.5318875.1556870.0164625.01166215.5299313.9539866.19100685.76104013.95132720.31213262.52158331.2756345.0663303.0566806.06164793.77-58302.7651700.0172897.0080421.00-9848.276600.0029700.004257.00-29700.00-1741.03-5280.00-100452.0085932.00-101018.98-79035.00-39270.00916835.51-15890.35-1816.25-24337.50-1570.69910.80-8355.60-5.40-372.90-5659.32-5728.80-29.87-1.390.821.16-0.04-0.230.25-0.730.03-3.010.911.870.330.270.330.973.63-8.741.650.83-0.494.05-2.49-0.510.060.420.060.080.160.150.100.210.250.210.260.240.260.220.220.210.250.220.260.21-
Surprise---4.35%-3.85%131.45%--29.83%23.81%-65.00%13.95%---21.43%--15.79%22.72%5.96%--81.54%-15.73%-67.75%-872.97%--60.00%-1422.00%317.00%--379.00%-197.50%----173.15%-192.00%-423.25%-390.91%-26.47%--705.39%62.29%-246.32%-78.46%-166.67%-330.00%-64.79%-321.21%200.00%-186.74%-8.08%-37.04%1550.00%-67.47%-75.00%-2035.29%-1224.24%600.00%-16.16%83.50%841.86%-2590.00%-325.00%-76.31%600.00%100.00%0.00%77.78%15.38%-28.57%10.53%56.25%-4.55%18.18%9.09%18.18%0.00%0.00%-4.55%19.05%10.00%8.33%-16.00%-
Timing--Pre-marketPre-marketPre-market--Pre-marketPre-market-Pre-marketPre-market---Pre-market-Pre-marketPre-marketPre-market-After-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hours---After-hours-After-hoursPre-marketPre-marketPre-market-Pre-marketAfter-hoursPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketAfter-hoursAfter-hoursPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketAfter-hoursPre-marketPre-market

Key Statistics & Ratios

Market Cap11.87B
Enterprise Value11.55B
Trailing P/E10.95
Forward P/E8.60
PEG Ratio0.91
Price / Sales4.41
Price / Book1.29
EPS0.88
Book Value7.60
Revenue (TTM)2.69B
Gross Profit (TTM)2.69B
Profit Margin42.47%
Operating Margin59.53%
Return on Equity12.14%
Return on Assets1.28%
Shares Outstanding1.23B
Shares Float1.06B
Beta0.90
Dividend Yield4.08%
Dividend Rate0.40
Payout Ratio42.55%

Dividends

20261×
0.40Aug 3, 2026
20251×
0.30Jun 3, 2025
20241×
0.06Jul 10, 2024
20221×
0.02Oct 25, 2022
20081×
61583.73May 16, 2008
20072×
61583.64Dec 3, 200752086.93Apr 5, 2007
20062×
52086.93Dec 1, 200681385.82May 8, 2006
20051×
65108.66Apr 8, 2005
20041×
48831.49Apr 8, 2004
20031×
40692.91Apr 1, 2003
20021×
43948.34May 16, 2002
20011×
47768.59Apr 12, 2001
20001×
100000.00Mar 31, 2000
19991×
62099.17Mar 12, 1999
19981×
71652.89May 4, 1998
19971×
15687.81May 23, 1997
19961×
16546.05May 31, 1996
19951×
9902.74May 8, 1995

Stock Splits

  • Apr 14, 20211:16.5
  • Jul 31, 20171:20
  • Nov 27, 20151:100
  • Jun 5, 20131:10
  • Jun 1, 200948:47