The earnings call reflected a strong financial performance with significant growth in loan book and client assets, improved asset quality, and positive shareholder returns through dividends and buybacks. However, challenges such as the persistent decline in net interest income and potential regulatory impacts on mortgages were noted. Overall, the positive highlights outweigh the lowlights, indicating a strong position for Piraeus Financial Holdings.

Company Guidance -

Q3 2025

During the Piraeus Financial Holdings conference call discussing the first half of 2025 financial results, CEO Christos Megalou announced several key metrics and updates. Piraeus achieved a net profit of EUR 559 million, corresponding to earnings per share (EPS) of EUR 0.43, aligning with their annual EPS guidance of EUR 0.80. The company plans to execute a share buyback of EUR 100 million in Q4, as part of a larger EUR 500 million distribution from 2025 profits, offering a 7% yield on their market capitalization of EUR 7.4 billion. Loan growth was robust, surpassing targets with a 15% year-on-year increase to EUR 36 billion, prompting an upgrade to their full-year loan guidance to over EUR 36.5 billion. Assets under management reached EUR 13.2 billion, exceeding the previous target and leading to an upgraded target of above EUR 13.5 billion by year-end. The return on average tangible book value was 15%, and the cost-to-core income ratio stood at 34%, underscoring the bank’s strong efficiency. Additionally, Piraeus announced the acquisition of a 90% stake in Ethniki Insurance, expected to enhance revenues and shareholder value, with the transaction anticipated to close by the end of 2025.

Strong Financial Performance

Piraeus Financial Holdings achieved a net profit of EUR 559 million in the first half of 2025, with earnings per share of EUR 0.43, aligning with or surpassing the guidance for earnings per share of EUR 0.80 for the year.

Loan Book and Client Assets Growth

The loan book expanded by 15% year-on-year to EUR 36 billion, with a growth of EUR 2.2 billion in the first half, surpassing the end-2025 target. Client assets also demonstrated growth, leading to an upgrade in full-year guidance for loans to more than EUR 36.5 billion.

Interim Dividend Announcement

Piraeus announced an intention to introduce an interim dividend in Q4 2025, with a distribution amounting to EUR 100 million in the form of a share buyback, subject to approvals.

Improved Asset Quality

Asset quality remained solid with an NPE ratio at 2.6% and NPE coverage at 68%, while the cost of risk was aligned with the target of approximately 50 basis points for 2025.

Upgrade in Assets Under Management

Assets under management increased to EUR 13.2 billion during the first half, up 27% year-on-year, prompting an upgrade of the target to above EUR 13.5 billion for the end of 2025.

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 Sa (BPIRY) report earnings?

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

What is Piraeus Bank Sa (BPIRY) earnings time?

Piraeus Bank Sa (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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