Greek Banks Undervalued over 20% based on DCF

Eurobank

Market Cap: €13.5b

Provides retail, corporate and private banking, asset management, treasury and capital market, and other services in Greece, Bulgaria, Cyprus, and Luxembourg.

National Bank of Greece

Market Cap: €12.8b

Provides banking, financial products, and services primarily in Greece, Cyprus, North Macedonia, Romania, Bulgaria, Luxembourg, the Netherlands, and the United Kingdom, and internationally.

Piraeus Bank

Market Cap: €10.0b

Provides various banking products and services in Greece, Europe, and internationally.

Alpha Bank

Market Cap: €8.2b

Provides various banking and financial products and services in Greece and internationally.