Bank of Greece Past Earnings Performance
Past criteria checks 0/6
Bank of Greece's earnings have been declining at an average annual rate of -78.4%, while the Diversified Financial industry saw earnings declining at 1.2% annually. Revenues have been declining at an average rate of 45.2% per year. Bank of Greece's return on equity is 2.8%, and it has net margins of 22.3%.
Key information
-78.4%
Earnings growth rate
-78.4%
EPS growth rate
| Diversified Financial Industry Growth | 9.1% |
| Revenue growth rate | -45.2% |
| Return on equity | 2.8% |
| Net Margin | 22.3% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Bank of Greece makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 442 | 99 | 368 | 0 |
| 31 Dec 22 | 807 | 457 | 350 | 0 |
| 31 Dec 21 | 3,632 | 3,271 | 361 | 0 |
| 31 Dec 20 | 1,099 | 662 | 452 | 0 |
| 31 Dec 19 | 1,734 | 842 | 890 | 0 |
| 31 Dec 18 | 1,003 | 658 | 344 | 0 |
| 31 Dec 17 | 1,333 | 942 | 337 | 0 |
| 31 Dec 16 | 1,424 | 1,092 | 323 | 0 |
| 31 Dec 15 | 1,489 | 1,163 | 320 | 0 |
| 31 Dec 14 | 988 | 655 | 320 | 0 |
Quality Earnings: BGC has a large one-off gain of €23.8M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: BGC's current net profit margins (22.3%) are lower than last year (56.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if BGC's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: BGC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: BGC had negative earnings growth (-78.4%) over the past year, making it difficult to compare to the Diversified Financial industry average (-6.7%).
Return on Equity
High ROE: BGC's Return on Equity (2.8%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/10 00:41 |
| End of Day Share Price | 2025/01/10 00:00 |
| Earnings | 2023/12/31 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Bank of Greece is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Martin Mauro | BofA Global Research |
| Ann O'Kelly | Citigroup Inc |