Piraeus Financial Holdings reported strong performance in H1 2025 with significant growth in loans and client assets, a high return on average tangible book value, and strategic acquisitions. Despite some pressure on net interest income and upcoming regulatory impacts, the bank's financial health and strategic initiatives position it for continued success.

Company Guidance

In the first half of 2025, Piraeus Financial Holdings demonstrated strong financial performance, leading to an upgrade in the full-year guidance for loans and client assets. The bank achieved a net profit of EUR 559 million, translating to an earnings per share of EUR 0.43, aligning with the target of EUR 0.80 for the year. The interim dividend is planned for Q4, amounting to EUR 100 million via a share buyback, part of a broader EUR 500 million distribution strategy. Loan growth was robust, expanding by 15% year-on-year to EUR 36 billion, prompting an increase in the loan growth target to over EUR 36.5 billion. The bank's return on average tangible book value was 15%, exceeding the target of 14%. Net revenue grew by 6% in Q2, with net fee income reaching EUR 325 million, supporting a fees over revenue ratio of 24%. The cost-to-core income ratio stood at 34%, while asset quality metrics showed an NPE ratio of 2.6% and coverage of 68%. Assets under management surged 27% year-on-year to EUR 13.2 billion, with a revised target of over EUR 13.5 billion. Deposits increased to EUR 63 billion, contributing to a total capital ratio of 20.4%. The bank also highlighted its strategic acquisition of a 90% stake in Ethniki Insurance for EUR 600 million, expected to enhance earnings per share and return on tangible equity by over 5% and 1%, respectively.

Strong Financial Performance in H1 2025

Piraeus Financial Holdings reported a net profit of EUR 559 million and an EPS of EUR 0.43, in line to meet or exceed the 2025 guidance of EUR 0.80 EPS.

Loan Book and Client Assets Growth

Loan book expanded by 15% year-on-year to EUR 36 billion, with a growth of EUR 2.2 billion in H1 2025. Full-year guidance for loans is raised to more than EUR 36.5 billion.

Interim Share Buyback Announcement

Piraeus intends to proceed with an interim distribution of EUR 100 million in the form of a share buyback in Q4 2025, part of a total planned distribution of more than EUR 500 million.

High Return on Average Tangible Book Value

Achieved a return on average tangible book value of 15%, surpassing the 2025 target of approximately 14%.

Asset Management Growth

Assets under management increased to EUR 13.2 billion, exceeding the 2025 target, with an upgraded target of above EUR 13.5 billion by year-end.

Solid Capital and Asset Quality Metrics

Total capital ratio reached 20.4%, and NPE ratio stood at 2.6% with coverage at 68%.

Ethniki Insurance Acquisition

Piraeus acquired a 90% stake in Ethniki Insurance, expected to be earnings accretive by more than 5% and return on tangible equity by more than 1%.

Piraeus Bank (BPIRY) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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BPIRY Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 31, 2025	2025 (Q3)	0.25 / -	0.247	―	―	―
Jul 30, 2025	2025 (Q2)	0.25 / 0.24	0.267	-9.74% (-0.03)
May 06, 2025	2025 (Q1)	0.23 / 0.24	0.213	11.27% (+0.02)
Feb 24, 2025	2024 (Q4)	0.21 / 0.24	0.254	-6.69% (-0.02)
Nov 01, 2024	2024 (Q3)	0.24 / 0.25	0.214	15.42% (+0.03)
Jul 31, 2024	2024 (Q2)	0.23 / 0.27	0.188	42.02% (+0.08)
Apr 30, 2024	2024 (Q1)	0.22 / 0.21	0.148	43.92% (+0.07)
Feb 14, 2024	2023 (Q4)	0.16 / 0.25	0.15	69.33% (+0.10)
Nov 03, 2023	2023 (Q3)	0.19 / 0.21	0.069	210.14% (+0.14)
Jul 31, 2023	2023 (Q2)	0.15 / 0.19	0.066	184.85% (+0.12)

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

BPIRY Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 30, 2025	$7.87	$7.82	-0.64%
May 06, 2025	$5.61	$5.55	-1.07%
Feb 24, 2025	$4.83	$4.76	-1.45%
Nov 01, 2024	$3.58	$3.68	+2.79%

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 Piraeus Bank (BPIRY) report earnings?

Piraeus Bank (BPIRY) is schdueled to report earning on Oct 31, 2025, After Close (Confirmed).

What is Piraeus Bank (BPIRY) earnings time?

Piraeus Bank (BPIRY) earnings time is at Oct 31, 2025, After Close (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 BPIRY EPS forecast?

BPIRY EPS forecast for the fiscal quarter 2025 (Q3) is 0.25.

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