Narrative Update • Jun 22

Over the last 7 days, the Banks industry has risen 1.7%, driven by gains from Eurobank of 4.3%. This takes the industry's 12 month performance to a gain of 54%. Looking forward, earnings are forecast to grow by 11% annually.
Has the Greek Banks Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 24 Jun 2026 | €54.2b | €10.6b | €4.6b | 11.8x | 11.9x | 5.1x |
| Fri, 22 May 2026 | €49.2b | €10.6b | €4.6b | 10.5x | 10.8x | 4.6x |
| Sun, 19 Apr 2026 | €52.3b | €10.5b | €4.6b | 11.2x | 11.3x | 5x |
| Tue, 17 Mar 2026 | €44.5b | €10.5b | €4.6b | 9.5x | 9.6x | 4.3x |
| Thu, 12 Feb 2026 | €52.4b | €10.5b | €4.4b | 12.2x | 12x | 5x |
| Sat, 10 Jan 2026 | €49.1b | €10.5b | €4.4b | 11.3x | 11.2x | 4.7x |
| Mon, 08 Dec 2025 | €46.2b | €10.5b | €4.4b | 10.7x | 10.5x | 4.4x |
| Wed, 05 Nov 2025 | €41.8b | €10.3b | €4.4b | 10.4x | 9.6x | 4.1x |
| Fri, 03 Oct 2025 | €43.5b | €10.5b | €4.5b | 10.5x | 9.7x | 4.2x |
| Sun, 31 Aug 2025 | €40.0b | €10.5b | €4.5b | 9.8x | 8.9x | 3.8x |
| Tue, 29 Jul 2025 | €39.5b | €10.5b | €4.4b | 9.8x | 9x | 3.8x |
| Thu, 26 Jun 2025 | €36.4b | €10.5b | €4.4b | 9.2x | 8.2x | 3.5x |
| Sat, 24 May 2025 | €33.1b | €10.5b | €4.4b | 8.4x | 7.5x | 3.2x |
| Mon, 21 Apr 2025 | €28.5b | €10.4b | €4.4b | 7.2x | 6.5x | 2.7x |
| Wed, 19 Mar 2025 | €32.0b | €10.4b | €4.4b | 7.9x | 7.3x | 3.1x |
| Fri, 14 Feb 2025 | €27.9b | €10.3b | €4.4b | 6.3x | 6.3x | 2.7x |
| Sun, 12 Jan 2025 | €26.1b | €10.3b | €4.4b | 6x | 5.9x | 2.5x |
| Tue, 10 Dec 2024 | €25.2b | €10.5b | €4.5b | 6.3x | 5.6x | 2.4x |
| Thu, 07 Nov 2024 | €23.2b | €10.1b | €4.3b | 5.6x | 5.3x | 2.3x |
| Sat, 05 Oct 2024 | €23.6b | €9.8b | €4.3b | 5.9x | 5.5x | 2.4x |
| Mon, 02 Sep 2024 | €24.6b | €9.8b | €4.3b | 6.4x | 5.8x | 2.5x |
| Wed, 31 Jul 2024 | €24.9b | €9.7b | €4.1b | 6.2x | 6x | 2.6x |
| Fri, 28 Jun 2024 | €23.7b | €9.7b | €4.1b | 5.8x | 5.8x | 2.4x |
| Sun, 26 May 2024 | €25.3b | €9.7b | €4.1b | 6.4x | 6.1x | 2.6x |
| Tue, 23 Apr 2024 | €22.9b | €9.3b | €3.8b | 6.5x | 6x | 2.5x |
| Thu, 21 Mar 2024 | €23.6b | €9.3b | €3.8b | 6.2x | 6.1x | 2.5x |
| Sat, 17 Feb 2024 | €23.0b | €8.9b | €3.9b | 6.2x | 5.9x | 2.6x |
| Mon, 15 Jan 2024 | €21.6b | €9.0b | €3.9b | 5.9x | 5.6x | 2.4x |
| Wed, 13 Dec 2023 | €19.7b | €9.0b | €3.9b | 5.3x | 5.1x | 2.2x |
| Fri, 10 Nov 2023 | €18.1b | €9.3b | €3.9b | 4.7x | 4.7x | 1.9x |
| Sun, 08 Oct 2023 | €16.6b | €8.3b | €3.3b | 5.7x | 5x | 2x |
| Tue, 05 Sep 2023 | €18.1b | €8.1b | €3.2b | 5.8x | 5.6x | 2.2x |
| Thu, 03 Aug 2023 | €19.4b | €8.4b | €2.9b | 7.1x | 6.7x | 2.3x |
| Sat, 01 Jul 2023 | €18.3b | €8.7b | €3.3b | 6x | 5.6x | 2.1x |
5.6x
Which industries have driven the changes within the Greek Financials industry?
| GR Market | -0.23% | |
| Financials | -1.69% | |
| Banks | -1.74% | |
| Diversified Banks | -1.74% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| EUROB Eurobank | €4.24 | 4.3% +€633.4m | 55.3% | PB1.4x | |
| ETE National Bank of Greece | €15.51 | 3.9% +€525.0m | 43.6% | PB1.4x | |
| TPEIR Piraeus Bank | €9.35 | 3.3% +€368.8m | 71.6% | PB1.2x | |
| ALPHA Alpha Bank | €4.11 | 4.1% +€362.8m | 50.4% | PB1x | |
| CREDIA CrediaBank | €1.25 | 2.0% +€47.9m | 66.4% | PB2.5x |