Stock Analysis
Hellenic Bank Full Year 2023 Earnings: EPS: €0.84 (vs €0.071 in FY 2022)
Hellenic Bank (CSE:HB) Full Year 2023 Results
Key Financial Results
- Revenue: €661.0m (up 72% from FY 2022).
- Net income: €346.3m (up by €317.0m from FY 2022).
- Profit margin: 52% (up from 7.6% in FY 2022). The increase in margin was primarily driven by higher revenue.
- EPS: €0.84 (up from €0.071 in FY 2022).
HB Banking Performance Indicators
- Net interest margin (NIM): 2.75% (up from 1.60% in FY 2022).
- Cost-to-income ratio: 34.2% (down from 60.4% in FY 2022).
- Non-performing loans: 7.53% (down from 21.46% in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Hellenic Bank's share price is broadly unchanged from a week ago.
Risk Analysis
Before we wrap up, we've discovered 1 warning sign for Hellenic Bank that you should be aware of.
Valuation is complex, but we're helping make it simple.
Find out whether Hellenic Bank is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.
View the Free AnalysisHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About CSE:HB
Hellenic Bank
Hellenic Bank Public Company Limited provides various banking and financial services.
Solid track record with adequate balance sheet.