- National Bank of Greece reported a net income of €697 million for the first half of 2025, marking a 4% increase compared to the previous year.
- Net interest income for the same period was €1.08 billion, representing a decrease of 9.4% year-over-year.
- Second-quarter results showed an improvement in CET1 ratio, ending at 18.9%, up from 18.3% the previous year.
- The Non-Performing Exposures (NPE) ratio decreased to 2.5% at the end of the period, down from 3.3% last year.
- Return on Tangible Equity (RoTE) for the first half of 2025 was 17.5% or 16.3% when normalized for trading gains, significantly surpassing the bank’s revised guidance of over 15% for FY25.
- The bank’s NPE ratio is near its FY25 target of less than 2.5%, supporting a gradual normalization of the Cost of Risk (CoR) to 40 basis points in Q2 2025.
- The CEO, Pavlos Mylonas, highlighted the bank’s strong capital buffers, which have increased due to strong profitability. The CET1 ratio has risen by approximately 60 basis points since the beginning of the year.
- There is an intention to distribute an interim dividend in the fourth quarter of 2025, leveraging the bank’s capital strength.
- Analyst recommendations for the bank’s stock include 16 buys, 6 holds, and 1 sell.
A look at National Bank Of Greece Sa Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 4 | |
| Growth | 4 | |
| Resilience | 4 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Analysts using Smartkarma Smart Scores have assessed the long-term outlook for National Bank Of Greece Sa based on key factors. With a score of 3 for Value, 4 for Dividend, Growth, Resilience, and Momentum, the overall outlook for the company appears positive. The bank’s strong performance in dividend, growth potential, resilience in challenging market conditions, and positive momentum indicate a favorable position for future growth and stability.
National Bank Of Greece Sa, a provider of retail and corporate banking services, has received promising Smart Scores across various metrics. With a focus on value, dividend yield, growth prospects, resilience to market fluctuations, and momentum in performance, the bank presents a solid foundation for continued success in the banking industry, both domestically and internationally.
### National Bank of Greece S.A. offers retail and corporate banking services. The Bank accepts deposits and offers loans, lease financing, mortgages, and investing and insurance services to industrial, commercial, and consumer clients. National Bank of Greece operates domestically and overseas. ###
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
