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National Bank of Greece S.A.ATSE:ETE Stock Report

Market Cap €11.5b
Share Price
€12.73
My Fair Value
€13.41
5.1% undervalued intrinsic discount
1Y80.4%
7D-1.8%
Portfolio Value
View

National Bank of Greece S.A.

ATSE:ETE Stock Report

Market Cap: €11.5b

National Bank of Greece (ETE) Stock Overview

Provides financial products and services primarily in Greece, Cyprus, North Macedonia, Romania, Bulgaria, Luxembourg, the Netherlands, and the United Kingdom. More details

ETE fundamental analysis
Snowflake Score
Valuation1/6
Future Growth1/6
Past Performance2/6
Financial Health4/6
Dividends3/6

Rewards

Risk Analysis

No risks detected for ETE from our risk checks.

ETE Community Fair Values

Create Narrative

See what 24 others think this stock is worth. Follow their fair value or set your own to get alerts.

National Bank of Greece S.A. Competitors

Price History & Performance

Summary of share price highs, lows and changes for National Bank of Greece
Historical stock prices
Current Share Price€12.73
52 Week High€14.05
52 Week Low€6.66
Beta1.51
1 Month Change5.43%
3 Month Change7.61%
1 Year Change80.39%
3 Year Change248.63%
5 Year Change1,319.25%
Change since IPO-99.77%

Recent News & Updates

Recent updates

User avatar

Bank's Digital Focus Aims To Improve Efficiency, Yet Earnings Will Decline Amid Margin Pressures

Strengthening capital formation and labor market growth is likely to boost corporate and consumer lending, increasing revenue through higher loan volumes and demand.

Shareholder Returns

ETEGR BanksGR Market
7D-1.8%1.1%1.5%
1Y80.4%43.0%27.3%

Return vs Industry: ETE exceeded the Greek Banks industry which returned 43% over the past year.

Return vs Market: ETE exceeded the Greek Market which returned 27.3% over the past year.

Price Volatility

Is ETE's price volatile compared to industry and market?
ETE volatility
ETE Average Weekly Movement4.3%
Banks Industry Average Movement4.2%
Market Average Movement3.8%
10% most volatile stocks in GR Market7.3%
10% least volatile stocks in GR Market2.2%

Stable Share Price: ETE has not had significant price volatility in the past 3 months compared to the Greek market.

Volatility Over Time: ETE's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
18417,852Paul Mylonaswww.nbg.gr

National Bank of Greece S.A., together with its subsidiaries, provides financial products and services primarily in Greece, Cyprus, North Macedonia, Romania, Bulgaria, Luxembourg, the Netherlands, and the United Kingdom. It operates through Retail Banking, Corporate & Investment Banking, Trouble Assets Unit, Global Markets and Asset Management, International Banking Operations, and other segments. The Retail Banking segment provides deposit, investment, bancassurance products, mortgage loans, consumer and small business lending, debit and credit cards, prepaid cards, and other traditional products and services for individual customers, professionals, and small-medium and small sized companies through its network of branches and digital businesses.

National Bank of Greece S.A. Fundamentals Summary

How do National Bank of Greece's earnings and revenue compare to its market cap?
ETE fundamental statistics
Market cap€11.52b
Earnings (TTM)€1.10b
Revenue (TTM)€2.63b
10.5x
P/E Ratio
1.3x
P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ETE income statement (TTM)
Revenue€2.63b
Cost of Revenue€20.00m
Gross Profit€2.61b
Other Expenses€1.51b
Earnings€1.10b

Last Reported Earnings

Jun 30, 2025

Next Earnings Date

Nov 06, 2025

Earnings per share (EPS)1.21
Gross Margin99.24%
Net Profit Margin41.83%
Debt/Equity Ratio62.3%

How did ETE perform over the long term?

See historical performance and comparison

Dividends

3.5%
Current Dividend Yield
37%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/10/26 02:19
End of Day Share Price 2025/10/24 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

National Bank of Greece S.A. is covered by 28 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Eleni IsmailouAxia Ventures Group Ltd
Kirishanthan VijayarajahBarclays
Robert BateBarclays