Financials National Bank of Greece S.A.

Equities

Market Closed - Athens S.E. Other stock markets 10:19:59 2026-03-06 am EST			5-day change	1st Jan Change
12.95 ^EUR	-3.68%		-6.06%	-0.38%

Feb. 28	National Bank of Greece S.A., Q4 2025 Earnings Call, Feb 27, 2026
Feb. 27	National Bank of Greece S.A. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2025	CI

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Net sales ¹	1,903	2,060	2,739	2,887	2,784	2,765	2,995	3,119
Change	-	8.25%	32.96%	5.4%	-3.57%	-0.67%	8.3%	4.15%
EBITDA	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
EBIT ¹	1,120	1,255	1,810	2,003	1,835	1,740	1,903	1,972
Change	-	12.05%	44.22%	10.66%	-8.39%	-5.2%	9.37%	3.66%
Interest Paid	-	-	-	-	-	-	-	-
Earnings before Tax (EBT) ¹	799	1,155	1,662	1,781	1,517	1,612	1,771	1,850
Change	-	44.56%	43.9%	7.16%	-14.8%	6.23%	9.86%	4.44%
Net income ¹	867	1,120	1,106	1,158	1,160	1,126	1,284	1,318
Change	-	29.18%	-1.25%	4.7%	0.17%	-2.94%	14.03%	2.65%
Announcement Date	3/29/22	3/14/23	3/12/24	2/28/25	2/27/26	-	-	-

¹EUR in Million

Estimates

Fiscal Period: December	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3	2026 Q4
Net sales ¹	852	325	341	385	493	579	449	542	634	652	690	762	765	697	715	711	748	699	645	692	685	703.5	710.8	739.3
Change	-	-61.85%	4.92%	12.9%	28.05%	17.44%	-22.45%	20.71%	16.97%	2.84%	5.83%	10.43%	0.39%	-8.89%	2.58%	-0.56%	5.2%	-6.55%	-7.73%	7.29%	-1.01%	2.69%	1.04%	4.01%
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EBIT	663	140	160	157	301	385	250	-	433	-	481	499	554	486	497	466	522	475	410	428	-	-	-	-
Change	-	-78.88%	14.29%	-1.88%	91.72%	27.91%	-35.06%	-	-	-	-	3.74%	11.02%	-12.27%	2.26%	-6.24%	12.02%	-9%	-13.68%	4.39%	-	-	-	-
Charge d'intérêts	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings before Tax (EBT)	581	26	197	66	-	292	172	-	377	-	-	463	499	434	446	402	479	418	362	366.3	-	-	-	-
Change	-	-95.52%	657.69%	-66.5%	-	-	-41.1%	-	-	-	-	-	7.78%	-13.03%	2.76%	-9.87%	19.15%	-12.73%	-13.4%	1.2%	-	-	-	-
Net income	557	18	192	100	-	186	134	-	260	-	261	315	358	312	315	174	301	310	274	275	-	-	-	-
Change	-	-96.77%	966.67%	-47.92%	-	-	-27.96%	-	-	-	-	20.69%	13.65%	-12.85%	0.96%	-44.76%	72.99%	2.99%	-11.61%	0.36%	-	-	-	-
Announcement Date	5/28/21	8/5/21	11/26/21	3/29/22	5/27/22	7/29/22	11/10/22	3/14/23	5/23/23	8/2/23	11/7/23	3/12/24	5/1/24	8/1/24	11/7/24	2/28/25	5/8/25	7/31/25	11/6/25	2/27/26	-	-	-	-

¹EUR in Million

Estimates

¹EUR in Million

Estimates

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Net Debt	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
Announcement Date	3/29/22	3/14/23	3/12/24	2/28/25	2/27/26	-	-	-

Estimates

Fiscal Period: December	2020	2021	2022	2023	2024	2025
CAPEX ¹	178	179	193	516	299	538
Change	-	0.56%	7.82%	167.36%	-42.05%	79.93%
Free Cash Flow (FCF) ¹	-	-	-	-	-	-
Change	-	-	-	-	-	-
Announcement Date	4/1/21	3/29/22	3/19/23	3/11/24	3/15/25	2/27/26

¹EUR in Million

Estimates

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027	2028
Profitability
EBITDA Margin (%)	-	-	-	-	-	-	-	-	-
EBIT Margin (%)	-	58.85%	60.92%	66.08%	69.38%	65.91%	62.91%	63.53%	63.23%
EBT Margin (%)	-	41.99%	56.07%	60.68%	61.69%	54.51%	58.29%	59.13%	59.3%
Net margin (%)	-	45.56%	54.37%	40.38%	40.11%	41.67%	40.72%	42.87%	42.25%
FCF margin (%)	-	-	-	-	-	-	-	-	-
FCF / Net Income (%)	-	-	-	-	-	-	-	-	-
Profitability
ROA	-	1.07%	1.38%	1.45%	1.55%	-	1.46%	1.56%	1.59%
ROE	-	16.03%	18.36%	15.71%	14.43%	-	13.58%	13.97%	14.78%
Financial Health
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-	-
Debt / Free cash flow	-	-	-	-	-	-	-	-	-
Capital Intensity
CAPEX / Current Assets (%)	-	-	-	-	-	-	-	-	-
CAPEX / EBITDA (%)	-	-	-	-	-	-	-	-	-
CAPEX / FCF (%)	-	-	-	-	-	-	-	-	-
Items per share
Cash flow per share ¹	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-
Dividend per Share ¹	-	-	-	-	-	-	0.57	0.7924	0.8425
Change	-	-	-	-	-	-	-	39.02%	6.32%
Book Value Per Share ¹	-	6.286	7.054	8.338	9.238	-	10.76	11.56	11.25
Change	-	-	12.21%	18.2%	10.79%	-	-	7.45%	-2.65%
EPS ¹	-	0.95	1.22	1.2	1.262	1.272	1.298	1.441	1.65
Change	-	-	28.42%	-1.64%	5.19%	0.73%	2.12%	10.97%	14.52%
Nbr of stocks (in thousands)	-	914,556	914,695	914,561	911,387	903,393	900,625	900,625	900,625
Announcement Date	-	3/29/22	3/14/23	3/12/24	2/28/25	2/27/26	-	-	-