Alpha Services and Holdings Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Vassilios Psaltis

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	6.2yrs
CEO ownership	n/a
Management average tenure	4.3yrs
Board average tenure	3.9yrs

Recent management updates

Recent updates

CEO

Vassilios Psaltis (56 yo)

6.2yrs

Tenure

Mr. Vassilios E. Psaltis has been Chief Executive Officer of Alpha Services and Holdings S.A. since January 2, 2019. Mr. Psaltis was General Manager and Chief Financial Officer of Alpha Bank AE since 2012...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Vassilios Psaltis	CEO & Executive Director	6.2yrs	no data	no data
Vassilios Kosmas	Chief Financial Officer	less than a year	no data	no data
Stefanos Mytilinaios	GM & COO	4.3yrs	no data	no data
Konstantinos Sarafopoulos	Group’s Chief Investment Officer	2.2yrs	no data	no data
Spyridon Tzamtzis	Executive GM of IT & Chief Information Officer	4.4yrs	no data	no data
Iason Kepaptsoglou	Manager of Investor Relations Division	no data	no data	no data
Nikolaos Salakas	Chief of Corporate Center & General Counsel	less than a year	no data	no data
Xenofon Avlonitis	Chief of Compliance	1.2yrs	no data	no data
Kyriaki Inempolidi	Manager of Marketing and Public Relations Division	7.2yrs	no data	no data
Fragiski Melissa	GM & Chief Human Resources Officer	5yrs	no data	no data
Sergiu-Bogdan Oprescu	Chief of International Network	1.1yrs	no data	no data
Spyridon Andronikakis	GM & Chief Risk Officer	13yrs	no data	no data

4.3yrs

Average Tenure

56yo

Average Age

Experienced Management: 0RCS's management team is considered experienced (4.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Vassilios Psaltis	CEO & Executive Director	6.3yrs	no data	no data
Lazaros Papagaryfallou	Deputy CEO & Executive Director	less than a year	no data	no data
Diony Lebot	Independent Non Executive Director	1.7yrs	€53.12k	no data
Jean Cheval	Non-Executive Independent Director	6.8yrs	€142.75k	no data
Elanor Hardwick	Non-Executive Independent Director	4.7yrs	€121.40k	no data
Johannes Herman Frederik Umbgrove	Non Executive Director	6.9yrs	€121.40k	no data
Dimitris Tsitsiragos	Non-Executive Independent Chairman	4.7yrs	€112.46k	no data
Elli Andriopoulou	Independent Non-Executive Director	3.2yrs	€104.99k	no data
Aspasia Palimeri	Independent Non-Executive Director	2.7yrs	€104.99k	no data
Panagiotis Papazoglou	Independent Non-Executive Director	1.7yrs	€47.98k	no data
Annalisa Areni	Non-Executive Director	no data	no data	no data

3.9yrs

Average Tenure

57yo

Average Age

Experienced Board: 0RCS's board of directors are considered experienced (3.9 years average tenure).

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/03/10 15:47
End of Day Share Price	2025/03/07 00:00
Earnings	2024/12/31
Annual Earnings	2024/12/31

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	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

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 Github.

Analyst Sources

Alpha Services and Holdings S.A. is covered by 33 analysts. 12 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
Eleni Ismailou	Axia Ventures Group Ltd
Robert Bate	Barclays
Kirishanthan Vijayarajah	Barclays

Alpha Services and Holdings Management

Management criteria checks 2/4

Key information

Recent management updates

Alpha Services and Holdings S.A., Annual General Meeting, Jul 25, 2025

Alpha Services and Holdings S.A., Annual General Meeting, Jul 22, 2022

Recent updates

Full year 2024 earnings released: EPS: €0.26 (vs €0.22 in FY 2023)

Now 43% undervalued after recent price drop

Now 51% undervalued after recent price drop

Now 51% undervalued after recent price drop

Alpha Services and Holdings S.A., Annual General Meeting, Jul 25, 2025

Alpha Services and Holdings S.A. to Report Fiscal Year 2024 Results on Feb 28, 2025

Now 54% undervalued after recent price drop

Third quarter 2024 earnings released: EPS: €0.085 (vs €0.08 in 3Q 2023)

Now 52% undervalued after recent price drop

Second quarter 2024 earnings released: EPS: €0.036 (vs €0.072 in 2Q 2023)

Inaugural dividend of €0.026 per share

Now 35% undervalued after recent price drop

First quarter 2024 earnings released: EPS: €0.087 (vs €0.047 in 1Q 2023)

Now 39% undervalued after recent price drop

Full year 2023 earnings released: EPS: €0.36 (vs €0.16 in FY 2022)

Investor sentiment deteriorates as stock falls 31%

Now 24% undervalued after recent price drop

Alpha Services and Holdings S.A. to Report First Half, 2024 Results on Aug 02, 2024

Alpha Services and Holdings S.A. to Report Q2, 2024 Results on Aug 02, 2024

Now 27% undervalued

Now 29% undervalued after recent price drop

Now 30% undervalued

Third quarter 2023 earnings released: EPS: €0.089 (vs €0.035 in 3Q 2022)

Now 40% undervalued after recent price drop

Now 42% undervalued after recent price drop

Now 35% undervalued after recent price drop

Now 32% undervalued after recent price drop

Second quarter 2023 earnings released: EPS: €0.082 (vs €0.048 in 2Q 2022)

Second quarter 2023 earnings released: EPS: €0.082 (vs €0.049 in 2Q 2022)

Investor sentiment improves as stock rises 15%

Now 28% undervalued after recent price drop

Now 26% undervalued

Full year 2022 earnings released: EPS: €0.072 (vs €1.49 loss in FY 2021)

Alpha Services and Holdings S.A. to Report First Half, 2023 Results on Aug 09, 2023

Alpha Services and Holdings S.A. to Report Nine Months, 2022 Results on Nov 08, 2022

Second quarter 2022 earnings released: EPS: €0.049 (vs €1.32 loss in 2Q 2021)

OTP Bank Nyrt. (BUSE:OTP) completed the acquisition of Alpha Bank Albania SHA from Alpha Services and Holdings S.A. (ATSE:ALPHA).

Alpha Services and Holdings S.A. to Report First Half, 2022 Results on Aug 02, 2022

Alpha Services and Holdings S.A., Annual General Meeting, Jul 22, 2022

Alpha Services and Holdings S.A. to Report Q1, 2022 Results on May 26, 2022

Alpha Services and Holdings S.A. to Report Fiscal Year 2021 Results on Mar 14, 2022

OTP Bank Nyrt. (BUSE:OTP) entered into a binding agreement to acquire Alpha Bank Albania SHA from Alpha Services and Holdings S.A. (ATSE:ALPHA) for €55 million.

Second quarter 2021 earnings released: €1.32 loss per share (vs €0.063 profit in 2Q 2020)

Davidson Kempner European Partners, LLP completed the acquisition of Galaxy NPL of Alpha Bank A.E. and Cepal Hellas Financial Services S.A. from Alpha Bank A.E.

First quarter 2021 earnings released: €0.18 loss per share (vs €0.008 loss in 1Q 2020)

Investor sentiment improved over the past week

Alpha Bank A.E. to Report Fiscal Year 2020 Results on Mar 23, 2021

LLC Silvinit-Transport and OOO Silvinit-Capital acquired Geo NPK LLC from Alpha Bank A.E. (ATSE:ALPHA).

Third quarter 2020 earnings released: EPS €0.028

Davidson Kempner European Partners, LLP agreed to acquire Galaxy NPL of Alpha Bank A.E. and Cepal Hellas Financial Services S.A. from Alpha Bank A.E.

Alpha Bank Reportedly Picks Davidson Kempner as Preferred Bidder for $12 Billion Galaxy Bad Loans

An unknown buyer acquired 5.3% stake in Hellenic Company for Telecommunications and Telematic Applications S.A. (ATSE:FORTH) from Alpha Bank A.E. (ATSE:ALPHA).

Alpha Bank A.E. to Report Nine Months, 2020 Results on Nov 26, 2020

Laskarides acquired a 14.4% stake in Hellenic Seaways from Alpha Bank SA and small investors, Agapitos, Eurobank Properties Real Est Inv Co and Interamerican Hellenic Life Insurance Company S.A.

United Group B.V. completed the acquisition of 36% stake in Hellenic Company for Telecommunications and Telematic Applications S.A. (ATSE:FORTH) from Piraeus Bank S.A. (ATSE:TPEIR), National Bank of Greece S.A. (ATSE:ETE), Alpha Bank A.E. (ATSE:ALPHA) and Attica Bank S.A. (ATSE:TATT).

First half earnings released

New 90-day low - €0.51

Alpha Bank A.E. (ATSE:ALPHA) completed the acquisition of remaining 60% stake in Cepal Hellas Financial Services S.A. from Centerbridge Partners, L.P.

Alpha Bank A.E. to Report First Half, 2020 Results on Aug 27, 2020

CEO

Tenure

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age

Company Analysis and Financial Data Status

Data Sources

Analysis Model and Snowflake

Industry and Sector Metrics

Analyst Sources