By Helgi Library - February 19, 2018
National Bank of Greece made a net profit of EUR -2,050 mil in the fourth quarter of 2015, down 84.9% when compared to the same p...
By Helgi Library - February 19, 2018
National Bank of Greece made a net profit of EUR -2,050 mil in the fourth quarter of 2015, down 84.9% when compared to the same p...
By Helgi Library - July 24, 2019
National Bank of Greece's non-performing loans reached 42.5% of total loans at the end of 2015-12-31, up from 24.3% compared to t...
| Profit Statement | 2013 | 2014 | 2015 | |
| Net Interest Income | EUR mil | 3,157 | 1,998 | 1,905 |
| Net Fee Income | EUR mil | 529 | 139 | 93.0 |
| Other Income | EUR mil | 85.0 | 87.0 | 91.0 |
| Total Revenues | EUR mil | 3,771 | 2,224 | 2,089 |
| Staff Cost | EUR mil | 1,530 | 816 | 802 |
| Operating Profit | EUR mil | 1,224 | 708 | 674 |
| Provisions | EUR mil | 8,853 | 10,574 | 12,843 |
| Net Profit | EUR mil | 809 | 66.0 | -4,227 |
| Balance Sheet | 2013 | 2014 | 2015 | |
| Interbank Loans | EUR mil | 2,847 | 3,324 | 2,799 |
| Customer Loans | EUR mil | 67,250 | 68,109 | 45,375 |
| Total Assets | EUR mil | 110,930 | 115,212 | 111,232 |
| Shareholders' Equity | EUR mil | 7,874 | 10,466 | 9,824 |
| Interbank Borrowing | EUR mil | 27,897 | 22,226 | 25,166 |
| Customer Deposits | EUR mil | 62,876 | 64,929 | 42,959 |
| Issued Debt Securities | EUR mil | 3,806 | 5,991 | 24,895 |
| Ratios | 2013 | 2014 | 2015 | |
| ROE | % | 27.0 | 0.720 | -41.7 |
| ROA | % | 0.750 | 0.058 | -3.73 |
| Costs (As % Of Assets) | % | 2.36 | 1.34 | 1.25 |
| Costs (As % Of Income) | % | 67.5 | 68.2 | 67.7 |
| Capital Adequacy Ratio | % | 10.6 | 13.6 | 14.6 |
| Net Interest Margin | % | 2.93 | 1.77 | 1.68 |
| Loans (As % Of Deposits) | % | 107 | 105 | 106 |
| NPLs (As % Of Loans) | % | 28.6 | 26.4 | 37.9 |
| Provisions (As % Of NPLs) | % | 40.7 | 50.9 | 58.2 |
| Growth Rates | 2013 | 2014 | 2015 | |
| Total Revenue Growth | % | -10.1 | -41.0 | -6.07 |
| Operating Cost Growth | % | -10.2 | -40.5 | -6.66 |
| Operating Profit Growth | % | -9.82 | -42.2 | -4.80 |
| Net Profit Growth | % | -138 | -91.8 | -6,505 |
| Customer Loan Growth | % | -2.73 | 1.28 | -33.4 |
| Total Asset Growth | % | 5.85 | 3.86 | -3.45 |
| Customer Deposit Growth | % | 7.07 | 3.27 | -33.8 |
| Shareholders' Equity Growth | % | -517 | 32.9 | -6.13 |
Get all company financials in excel:
| summary | Unit | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 |
| income statement | ||||||||||||||
| Net Interest Income | EUR mil | 3,966 | 4,148 | 3,843 | 3,365 | 3,157 | ||||||||
| Total Revenues | EUR mil | 5,077 | 4,640 | 4,372 | 4,193 | 3,771 | ||||||||
| Operating Profit | EUR mil | 2,585 | 2,127 | 1,831 | 1,357 | 1,224 | ||||||||
| Net Profit | EUR mil | 923 | 406 | -12,344 | -2,140 | 809 | ||||||||
| balance sheet | ||||||||||||||
| Interbank Loans | EUR mil | 3,708 | 3,321 | 4,636 | 4,318 | 2,847 | ||||||||
| Customer Loans | EUR mil | 74,753 | 77,262 | 71,496 | 69,135 | 67,250 | ||||||||
| Debt Securities | EUR mil | 26,095 | 28,000 | 22,358 | 22,739 | 30,790 | ||||||||
| Total Assets | EUR mil | 113,394 | 120,745 | 106,732 | 104,799 | 110,930 | ||||||||
| Shareholders' Equity | EUR mil | 9,288 | 10,905 | -253 | -1,888 | 7,874 | ||||||||
| Interbank Borrowing | EUR mil | 21,643 | 29,899 | 34,108 | 33,972 | 27,897 | ||||||||
| Customer Deposits | EUR mil | 71,195 | 68,039 | 59,544 | 58,722 | 62,876 | ||||||||
| Issued Debt Securities | EUR mil | 3,085 | 4,432 | 3,440 | 3,772 | 3,806 | ||||||||
| ratios | ||||||||||||||
| ROE | % | 10.5 | 4.02 | -232 | 200 | 27.0 | ||||||||
| ROA | % | 0.857 | 0.346 | -10.9 | -2.02 | 0.750 | ||||||||
| Costs (As % Of Assets) | % | 2.32 | 2.15 | 2.23 | 2.68 | 2.36 | ||||||||
| Costs (As % Of Income) | % | 49.1 | 54.1 | 58.1 | 67.6 | 67.5 | ||||||||
| Capital Adequacy Ratio | % | ... | ... | 11.3 | 13.7 | -2.60 | -6.10 | 10.6 | ||||||
| Net Interest Margin | % | 3.69 | 3.54 | 3.38 | 3.18 | 2.93 | ||||||||
| Interest Income (As % Of Revenues) | % | 78.1 | 89.4 | 87.9 | 80.3 | 83.7 | ||||||||
| Fee Income (As % Of Revenues) | % | 13.0 | 13.1 | 11.3 | 11.8 | 14.0 | ||||||||
| Staff Cost (As % Of Total Cost) | % | 63.3 | 60.9 | 63.6 | 49.1 | 60.1 | ||||||||
| Equity (As % Of Assets) | % | 8.19 | 9.03 | -0.237 | -1.80 | 7.10 | ||||||||
| Loans (As % Of Deposits) | % | 105 | 114 | 120 | 118 | 107 | ||||||||
| Loans (As % Assets) | % | 65.9 | 64.0 | 67.0 | 66.0 | 60.6 | ||||||||
| NPLs (As % Of Loans) | % | ... | ... | ... | ... | 6.41 | 8.86 | 26.5 | 31.6 | 28.6 | ||||
| Provisions (As % Of NPLs) | % | ... | ... | ... | ... | 49.7 | 46.9 | 34.2 | 32.0 | 40.7 | ||||
| valuation | ||||||||||||||
| Book Value Per Share Growth | % | ... | 10.8 | 4.59 | -7.35 | -12.4 | -6.18 |
| income statement | Unit | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 |
| income statement | ||||||||||||||
| Interest Income | EUR mil | 6,578 | 6,402 | 6,587 | 6,230 | 5,520 | ||||||||
| Interest Cost | EUR mil | 2,612 | 2,254 | 2,744 | 2,865 | 2,363 | ||||||||
| Net Interest Income | EUR mil | 3,966 | 4,148 | 3,843 | 3,365 | 3,157 | ||||||||
| Net Fee Income | EUR mil | 660 | 610 | 494 | 495 | 529 | ||||||||
| Other Income | EUR mil | 450 | -118 | 35.3 | 333 | 85.0 | ||||||||
| Total Revenues | EUR mil | 5,077 | 4,640 | 4,372 | 4,193 | 3,771 | ||||||||
| Staff Cost | EUR mil | 1,577 | 1,530 | 1,616 | 1,393 | 1,530 | ||||||||
| Depreciation | EUR mil | 189 | 200 | 203 | 209 | 206 | ||||||||
| Other Cost | EUR mil | 725 | 782 | 721 | 1,233 | 811 | ||||||||
| Operating Cost | EUR mil | 2,492 | 2,512 | 2,541 | 2,835 | 2,547 | ||||||||
| Operating Profit | EUR mil | 2,585 | 2,127 | 1,831 | 1,357 | 1,224 | ||||||||
| Provisions | EUR mil | 2,459 | 3,352 | 7,120 | 7,770 | 8,853 | ||||||||
| Extra and Other Cost | EUR mil | 29.2 | 39.5 | 29.3 | 190 | 30.0 | ||||||||
| Pre-Tax Profit | EUR mil | 1,252 | 638 | -13,420 | -1,986 | -179 | ||||||||
| Tax | EUR mil | 289 | 197 | -1,095 | 158 | -986 | ||||||||
| Minorities | EUR mil | 40.8 | 34.9 | 19.1 | -4.17 | -2.00 | ||||||||
| Net Profit | EUR mil | 923 | 406 | -12,344 | -2,140 | 809 | ||||||||
| Dividends | EUR mil | 0 | 0 | 0 | 0 | 0 | ||||||||
| growth rates | ||||||||||||||
| Net Interest Income Growth | % | ... | 10.8 | 4.59 | -7.35 | -12.4 | -6.18 | |||||||
| Net Fee Income Growth | % | ... | -14.5 | -7.64 | -19.0 | 0.201 | 6.90 | |||||||
| Total Revenue Growth | % | ... | 3.45 | -8.61 | -5.76 | -4.11 | -10.1 | |||||||
| Operating Cost Growth | % | ... | 4.57 | 0.812 | 1.14 | 11.6 | -10.2 | |||||||
| Operating Profit Growth | % | ... | 2.39 | -17.7 | -13.9 | -25.9 | -9.82 | |||||||
| Pre-Tax Profit Growth | % | ... | -35.4 | -49.1 | -2,205 | -85.2 | -91.0 | |||||||
| Net Profit Growth | % | ... | -40.3 | -56.0 | -3,144 | -82.7 | -138 | |||||||
| market share | ||||||||||||||
| Market Share in Net Profit | % | 156 | ... | ... | ... | 16.5 | ... | ... |
| balance sheet | Unit | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 |
| balance sheet | ||||||||||||||
| Cash | EUR mil | 4,253 | 7,530 | 4,082 | 4,500 | 5,910 | ||||||||
| Interbank Loans | EUR mil | 3,708 | 3,321 | 4,636 | 4,318 | 2,847 | ||||||||
| Customer Loans | EUR mil | 74,753 | 77,262 | 71,496 | 69,135 | 67,250 | ||||||||
| Mortgage Loans | EUR mil | ... | ... | 24,482 | 25,566 | 24,079 | 23,471 | 22,505 | ||||||
| Consumer Loans | EUR mil | ... | ... | 7,867 | 7,948 | 8,664 | 8,984 | 8,633 | ||||||
| Corporate Loans | EUR mil | ... | ... | 33,620 | 35,494 | 34,292 | 31,450 | 32,914 | ||||||
| Debt Securities | EUR mil | 26,095 | 28,000 | 22,358 | 22,739 | 30,790 | ||||||||
| Fixed Assets | EUR mil | 4,586 | 4,631 | 4,160 | 4,106 | 4,133 | ||||||||
| Total Assets | EUR mil | 113,394 | 120,745 | 106,732 | 104,799 | 110,930 | ||||||||
| Shareholders' Equity | EUR mil | 9,288 | 10,905 | -253 | -1,888 | 7,874 | ||||||||
| Of Which Minority Interest | EUR mil | 857 | 835 | 83.6 | 70.1 | 683 | ||||||||
| Liabilities | EUR mil | 104,107 | 109,839 | 106,985 | 106,686 | 103,056 | ||||||||
| Interbank Borrowing | EUR mil | 21,643 | 29,899 | 34,108 | 33,972 | 27,897 | ||||||||
| Customer Deposits | EUR mil | 71,195 | 68,039 | 59,544 | 58,722 | 62,876 | ||||||||
| Retail Deposits | EUR mil | ... | ... | 57,475 | 52,765 | 47,708 | 44,318 | 46,883 | ||||||
| Corporate Deposits | EUR mil | ... | ... | 10,708 | 11,148 | 8,856 | 10,794 | 11,843 | ||||||
| Sight Deposits | EUR mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ||
| Term Deposits | EUR mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ||
| Issued Debt Securities | EUR mil | 3,085 | 4,432 | 3,440 | 3,772 | 3,806 | ||||||||
| Other Liabilities | EUR mil | 8,184 | 7,469 | 9,893 | 10,221 | 8,477 | ||||||||
| asset quality | ||||||||||||||
| Non-Performing Loans | EUR mil | ... | ... | ... | ... | 4,952 | 7,142 | 20,829 | 24,286 | 21,766 | ||||
| Gross Loans | EUR mil | 77,212 | 80,614 | 78,616 | 76,905 | 76,103 | ||||||||
| Provisions | EUR mil | 2,459 | 3,352 | 7,120 | 7,770 | 8,853 | ||||||||
| growth rates | ||||||||||||||
| Customer Loan Growth | % | ... | 2.29 | 3.36 | -7.46 | -3.30 | -2.73 | |||||||
| Retail Loan Growth | % | ... | ... | ... | 9.17 | 3.60 | -2.30 | -0.877 | -4.06 | |||||
| Mortgage Loan Growth | % | ... | ... | ... | 9.89 | 4.43 | -5.82 | -2.52 | -4.12 | |||||
| Consumer Loan Growth | % | ... | ... | ... | 7.00 | 1.04 | 9.00 | 3.69 | -3.90 | |||||
| Corporate Loan Growth | % | ... | ... | ... | -4.62 | 5.57 | -3.39 | -8.29 | 4.65 | |||||
| Total Asset Growth | % | ... | 11.3 | 6.48 | -11.6 | -1.81 | 5.85 | |||||||
| Shareholders' Equity Growth | % | ... | 12.3 | 17.4 | -102 | 646 | -517 | |||||||
| Customer Deposit Growth | % | ... | 5.23 | -4.43 | -12.5 | -1.38 | 7.07 | |||||||
| Retail Deposit Growth | % | ... | ... | ... | 5.99 | -8.19 | -9.58 | -7.11 | 5.79 | |||||
| Corporate Deposit Growth | % | ... | ... | ... | 3.79 | 4.11 | -20.6 | 21.9 | 9.72 |
| ratios | Unit | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 |
| ratios | ||||||||||||||
| ROE | % | 10.5 | 4.02 | -232 | 200 | 27.0 | ||||||||
| ROA | % | 0.857 | 0.346 | -10.9 | -2.02 | 0.750 | ||||||||
| Costs (As % Of Assets) | % | 2.32 | 2.15 | 2.23 | 2.68 | 2.36 | ||||||||
| Costs (As % Of Income) | % | 49.1 | 54.1 | 58.1 | 67.6 | 67.5 | ||||||||
| Capital Adequacy Ratio | % | ... | ... | 11.3 | 13.7 | -2.60 | -6.10 | 10.6 | ||||||
| Tier 1 Ratio | % | ... | ... | 11.3 | 13.1 | -3.70 | -6.70 | 10.5 | ||||||
| Net Interest Margin | % | 3.69 | 3.54 | 3.38 | 3.18 | 2.93 | ||||||||
| Interest Spread | % | ... | 3.47 | 3.36 | 3.26 | 3.21 | 2.86 | |||||||
| Asset Yield | % | 6.11 | 5.47 | 5.79 | 5.89 | 5.12 | ||||||||
| Cost Of Liabilities | % | ... | 2.64 | 2.11 | 2.53 | 2.68 | 2.25 | |||||||
| Payout Ratio | % | 0 | 0 | 0 | 0 | 0 | ||||||||
| Interest Income (As % Of Revenues) | % | 78.1 | 89.4 | 87.9 | 80.3 | 83.7 | ||||||||
| Fee Income (As % Of Revenues) | % | 13.0 | 13.1 | 11.3 | 11.8 | 14.0 | ||||||||
| Other Income (As % Of Revenues) | % | 8.87 | -2.55 | 0.807 | 7.94 | 2.25 | ||||||||
| Staff Cost (As % Of Total Cost) | % | 63.3 | 60.9 | 63.6 | 49.1 | 60.1 | ||||||||
| Equity (As % Of Assets) | % | 8.19 | 9.03 | -0.237 | -1.80 | 7.10 | ||||||||
| Loans (As % Of Deposits) | % | 105 | 114 | 120 | 118 | 107 | ||||||||
| Loans (As % Assets) | % | 65.9 | 64.0 | 67.0 | 66.0 | 60.6 | ||||||||
| NPLs (As % Of Loans) | % | ... | ... | ... | ... | 6.41 | 8.86 | 26.5 | 31.6 | 28.6 | ||||
| Provisions (As % Of NPLs) | % | ... | ... | ... | ... | 49.7 | 46.9 | 34.2 | 32.0 | 40.7 | ||||
| Provisions (As % Of Loans) | % | 3.29 | 4.34 | 9.96 | 11.2 | 13.2 | ||||||||
| Cost of Provisions (As % Of Loans) | % | 1.76 | 1.91 | 20.5 | 4.48 | 2.01 |
| other data | Unit | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 |
| other data | ||||||||||||||
| Sight (As % Of Customer Deposits) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ||
| ECB/ELA Funding | EUR mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 20,700 | ||
| ECB/ELA Funding (As % Of Assets) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 18.7 |
Get all company financials in excel:
By Helgi Library - July 24, 2019
National Bank of Greece's non-performing loans reached 42.5% of total loans at the end of 2015-12-31, up from 24.3% compared to the previous year. Historically, the NPL ratio hit an all time high of 48.6% in 2015-09-30 and an all time low of 4.10% in 2008-12-31. ...
By Helgi Library - May 2, 2018
National Bank of Greece's capital adequacy ratio reached 14.6% at the end of fourth quarter of 2015, up from 9.60% when compared to the previous quarter. Historically, the bank’s capital ratio hit an all time high of 16.2% in 2Q2014 and an all time low of -2.60% in...
By Helgi Library - May 2, 2018
National Bank of Greece's capital adequacy ratio reached 14.6% at the end of fourth quarter of 2015, up from 9.60% when compared to the previous quarter. Historically, the bank’s capital ratio hit an all time high of 16.2% in 2Q2014 and an all time low of -2.60% in...
By Helgi Library - April 26, 2018
National Bank of Greece's loans reached EUR 51,969 mil in the fourth quarter of 2015, down from EUR 52,477 mil when compared to the previous quarter and down from EUR 78,683 mil when compared to the same period of last year. Historically, the bank’s...
By Helgi Library - April 26, 2018
National Bank of Greece's loans reached EUR 51,969 mil in the fourth quarter of 2015, down from EUR 52,477 mil when compared to the previous quarter and down from EUR 78,683 mil when compared to the same period of last year. Historically, the bank’s...
By Helgi Library - February 21, 2018
National Bank of Greece generated total banking revenues of EUR 524 mil in the fourth quarter of 2015, down 42% when compared to the same period of last year and up 3.58% when compared to the previous quarter. Historically, the bank’s revenues con...
By Helgi Library - February 21, 2018
National Bank of Greece generated total banking revenues of EUR 524 mil in the fourth quarter of 2015, down 42% when compared to the same period of last year and up 3.58% when compared to the previous quarter. Historically, the bank’s revenues con...
By Helgi Library - October 7, 2019
National Bank of Greece'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 - October 7, 2019
National Bank of Greece'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 - July 24, 2019
National Bank of Greece's customer loan growth reached -9.10% in 2015-12-31, up from -36.0% compared to the previous year. Historically, the bank’s loans growth reached an all time high of 34.0% in 2009-03-31 and an all time low of -41.2% in 2015-09-30. I...
National Bank of Greece is a Greece-based financial group providing various banking products and services in Greece and the Southeastern Europe. Through a network of some 528 branches and 1,416 ATMs on the domestic market, the Bank offers its customers a wide range of financial services, including corporate and investment banking; retail banking, leasing and factoring; stock brokerage, asset management and venture capital; insurance; and real estate and consulting services. In addition, the Bank is involved in various other businesses, including hotel and property management. The Group is also active abroad, especially, in Turkey, Bulgaria, Serbia, Romania, Albania, Cyprus and Macedonia. The company was founded in 1841 and is headquartered in Athens, Greece.
National Bank of Greece has been growing its revenues and asset by -14.8% and -1.63% a year on average in the last 5 years. Its loans and deposits have grown by -10.1% and -8.79% a year during that time and loans to deposits ratio reached 106% at the end of 2015. The company achieved an average return on equity of -9.16% in the last five years with net profit growing % a year on average. In terms of operating efficiency, its cost to income ratio reached 67.7% in 2015, compared to 65.8% average in the last five years.
Equity represented 8.83% of total assets or 21.7% of loans at the end of 2015. National Bank of Greece's non-performing loans were 37.9% of total loans while provisions covered some 58.2% of NPLs at the end of 2015.
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