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Eurobank Ergasias SA (EGFEY)
OTHER OTC:EGFEY
Earnings Data
Report Date
Jul 31, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.05Last Year’s EPS
0.05Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 08, 2025
|% Change Since: 15.56%
|Next Earnings Date:Jul 31, 2025
Earnings Call Sentiment|Positive
The earnings call highlighted strong financial performance, including high net profit, loan growth, and asset quality improvements. However, there were challenges related to interest rate impacts on NIM and the integration of Hellenic Bank. Overall, the positive aspects significantly outweighed the negative factors.Company Guidance
During the Eurobank Holdings Q3 2024 earnings call, CEO Fokion Karavias and CFO Charalambos Harris Kokologiannis provided a comprehensive overview of the bank's financial performance and future prospects. Eurobank reported robust growth, with net profit reaching EUR 1.14 billion and a return on tangible book value exceeding 19% for the first nine months. Organic loan growth was EUR 2.1 billion, with expectations to reach EUR 3.5 billion by year-end. The group also consolidated Hellenic Bank, increasing its balance sheet to EUR 100 billion, with assets distributed 60% in Greece, 27% in Cyprus, and 11% in Bulgaria. Asset quality remained strong with an NPE ratio of 2.9% and coverage at 90%. The bank's CET1 ratio increased to 17.8%, and plans are underway to accelerate DTC amortization and potentially increase the payout ratio to 50% in 2025. Furthermore, synergies from the Hellenic Bank acquisition are projected to contribute EUR 120 million over three years, and Eurobank aims for sustainable ROTE of 15% through the cycle. The call also highlighted a strategic merger plan between Eurobank S.A. and Eurobank Holdings to enhance operational efficiency.Strong Net Profit and Loan Growth
Net profit reached EUR 1.14 billion with organic loan growth of EUR 2.1 billion, close to the full-year target, and expected to reach EUR 3.5 billion for the full year.
Increase in Tangible Book Value and Return on Tangible Book Value
Tangible book value per share increased to EUR 2.27, up 5% quarter-on-quarter, with return on tangible book value exceeding 19% for the 9-month period.
Improved Asset Quality
NPE ratio dropped below 3% to 2.9%, with coverage remaining at 90%.
Successful Capital Management
Fully loaded CET1 ratio rose to 17.8%, and total capital ratio to 20.9%, up by 100 and 140 basis points year-on-year, respectively.
Increased Dividend Payout Potential
Consideration to increase payout ratio from 40% up to 50% payable in 2025 from the 2024 profits.
EGFEY 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
EGFEY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 08, 2025 | $1.35 | $1.32 | -2.22% |
Feb 27, 2025 | $1.26 | $1.26 | 0.00% |
Nov 07, 2024 | $1.04 | $1.04 | 0.00% |
Jul 31, 2024 | $1.04 | $1.07 | +2.88% |
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 Eurobank Ergasias SA (EGFEY) report earnings?
Eurobank Ergasias SA (EGFEY) is schdueled to report earning on Jul 31, 2025, TBA Not Confirmed.
What is Eurobank Ergasias SA (EGFEY) earnings time?
Eurobank Ergasias SA (EGFEY) earnings time is at Jul 31, 2025, TBA Not 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 EGFEY EPS forecast?
EGFEY EPS forecast for the fiscal quarter 2025 (Q2) is 0.05.