Education
About Us
Working with TipRanks
Follow Us
Alpha Bank AE (ALBKF)
OTHER OTC:ALBKF
Earnings Data
Report Date
May 09, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.1Last Year’s EPS
0.1Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Feb 28, 2025
|% Change Since: 8.81%
|Next Earnings Date:May 09, 2025
Earnings Call Sentiment|Positive
The earnings call reflects a strong financial performance with significant growth in profits, capital ratios, and successful strategic initiatives. However, challenges with operational costs and net interest income pressure are noted. Overall, the positive achievements in profitability, strategic progress, and asset quality outweigh the lowlights.Company Guidance
In the conference call discussing the Full Year 2024 Financial Results for Alpha Services and Holdings, the management provided detailed guidance on various performance metrics. The company reported an earnings per share (EPS) of 35 cents, with a 9% annual growth in normalized profits, yielding a 14% return on tangible equity. Their capital ratio improved to 16.3%, and reported profits were 654 million, with 43% accrual for potential distribution, subject to regulatory approval. A buyback of 210 million was proposed, representing 75% of the distribution plan. Alpha Bank achieved a 16% increase in performing loans over the past two years, with EPS and return on tangible equity doubling. The capital generation target was met a year early, with a total of $2.6 billion in sustainable disbursements completed over two years. The bank's strategic partnership with UniCredit bolstered its wholesale offerings and market competitiveness, although specific quantitative impacts were not detailed. The plan for 2025 includes cautious assumptions with anticipated net credit expansion of over 2 billion and a forecasted NII, post rate declines, of over 1.65 billion. The company aims for a minimum 50% payout of profits, with a preference for buybacks over cash dividends given current stock trading levels.Strong EPS and Profit Growth
Delivered EPS of 35 cents with 9% annual growth in normalized profits, translating into a 14% return on tangible equity.
Capital Ratio and Shareholder Returns
Capital ratio climbed to 16.3%, with reported profits reaching 654 million, leading to 43% of profits set aside for distributions, including a significant buyback.
Strategic Progress and Loan Growth
Profitability doubled due to structural improvements and reallocation of capital. Performing loans increased by 16% over two years.
Successful M&A and Partnerships
Acquisition of fintech FlexFin and agreement to acquire AstroBank's assets in Cyprus, significantly boosting market position and profitability.
Strong Fee and Commission Growth
Fee and commission income up 12% year-on-year, surpassing 400 million guidance, driven by asset management and lending activities.
Asset Quality and Capital Position
NPE ratio reduced to 3.8% with a coverage ratio of 53%. CET1 ratio increased, with significant capital generation allowing for growth and distributions.
---
ALBKF 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
---
ALBKF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 28, 2025 | $1.93 | $1.98 | +2.59% |
| Nov 08, 2024 | $1.52 | $1.62 | +6.58% |
| Aug 02, 2024 | $1.81 | $1.76 | -2.76% |
| May 16, 2024 | $1.76 | $1.77 | +0.57% |
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 AE (ALBKF) report earnings?
Alpha Bank AE (ALBKF) is schdueled to report earning on May 09, 2025, TBA Not Confirmed.
What is Alpha Bank AE (ALBKF) earnings time?
Alpha Bank AE (ALBKF) earnings time is at May 09, 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 ALBKF EPS forecast?
ALBKF EPS forecast for the fiscal quarter 2025 (Q1) is 0.1.
---