Alpha Bank (APHBF)
OTHER OTC:APHBF
Earnings Data
Report Date
May 28, 2026Before Open (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
0.11Last Year’s EPS
0.1Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call highlights robust underlying earnings, strong commercial momentum (loan growth, deposit inflows, AUM expansion), disciplined fee generation, accretive M&A and meaningful organic capital generation. These positives are partly offset by capital dilution from acquisitions, near-term margin pressure (loan spread compression and higher wholesale funding costs), slightly elevated cost of risk versus guidance, and one-off integration/restructuring costs in 2026. Management frames 2026 as transitional with continued focus on integration and disciplined cost/capital management.Company Guidance
Strong Reported and Normalized Profit Growth
Reported profit of EUR 943 million for 2025, up 44% year-on-year; normalized profit EUR 907 million, up 5% year-on-year. Normalized EPS EUR 0.36, reported EPS up ~3% post AT1 coupon.
Robust Credit and Deposit Growth
Net credit expansion EUR 3.5 billion for the year (performing loans EUR 37.5 billion), performing loans up 5% quarter-on-quarter and 8.3% year-on-year. Deposits increased by EUR 4 billion for the year (customer funds +8.4% year-on-year).
Significant Fee Momentum and AUM Growth
Fees reported EUR 510 million in 2025 with strong Q4 performance (fees +19% Q/Q excluding AstroBank). Net AUM sales EUR 1.3 billion for the year and AUM growth ~21% including valuation; fees expected ~EUR 600 million in 2026 (fees >25% of revenues).
Capital Generation and Returns
Organic capital generation of 206 basis points for FY2025, quarterly organic capital generation 52 bps. Return on tangible equity 11.9% reported and 13.8% normalized.
Shareholder Distributions and Capital Return Policy
Proposed ordinary payout of 55% of 2025 reported profits = EUR 519 million in distributions (yield ~6.1% on current market cap). Plan to split ordinary payout equally between cash dividend (final dividend ~EUR 148 million, ~EUR 0.065 per share) and a EUR 259 million buyback.
Disciplined, Accretive M&A Execution
Completed acquisitions (AstroBank, Flexfin, AXIA) and announced Cyprus insurance combination (Altius + Universal). AstroBank delivers scale (top-3 local market share ~10%) and doubled local profitability; insurance deal expected to deliver ~2% EPS accretion, >30 bps ROTCE uplift and minimal CET1 impact (~23 bps).
Revenues, Cost Control and Outlook
Revenues in line with guidance (above EUR 2.2bn for 2025); disciplined cost management with FY OpEx within EUR 870 million guidance and expected underlying cost growth of 3–4% in 2026. NII expected to surpass EUR 1.7 billion in 2026 and total revenues >EUR 2.4 billion (just under 10% growth).
Improved Provisioning Management and Cost of Risk
Management reduced overlays in Q2 and released provisions; FY cost of risk 48 bps (guidance 45 bps going forward). Quarterly impairments EUR 62 million, with QoQ C-o-R of 58 bps but underlying trend described as stable and manageable.
APHBF Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
APHBF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 27, 2026 | $3.90 | $3.90 | 0.00% |
Nov 07, 2025 | $4.08 | $4.08 | 0.00% |
Aug 01, 2025 | $3.73 | $3.73 | -0.13% |
May 09, 2025 | $2.51 | $2.61 | +3.86% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Alpha Bank (APHBF) report earnings?
Alpha Bank (APHBF) is schdueled to report earning on May 28, 2026, Before Open (Confirmed).
What is Alpha Bank (APHBF) earnings time?
Alpha Bank (APHBF) earnings time is at May 28, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is APHBF EPS forecast?
APHBF EPS forecast for the fiscal quarter 2026 (Q1) is 0.11.