Alpha Bank Dividends and Buybacks
Dividend criteria checks 3/6
Alpha Bank is a dividend paying company with a current yield of 3.32% that is well covered by earnings.
Key information
3.3%
Dividend yield
2.1%
Buyback Yield
| Total Shareholder Yield | 5.4% |
| Future Dividend Yield | 6.1% |
| Dividend Growth | n/a |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Payout ratio | 32% |
Recent dividend and buyback updates
Recent updates
Narrative Update • May 21
ALPHA: Higher Future P/E Assumptions Will Support Forward Re Rating Potential
Analysts have lifted Alpha Bank's price target by €0.10, citing updated assumptions on fair value, discount rate, revenue growth, profit margin and future P/E after a series of recent target increases from major research houses. Analyst Commentary Bullish Takeaways Bullish analysts point to repeated price target lifts, including the recent €0.10 and €0.35 moves and a shift to €4.30 from €4.20, as a sign that their fair value assumptions for Alpha Bank have moved higher.
Narrative Update • May 03
ALPHA: Fair Value Will Depend On Execution And Capital Return Delivery
Analysts have nudged their average price target on Alpha Bank higher to €3.50 from about €3.41, citing slightly stronger assumptions for revenue growth and valuation multiples, alongside broadly steady profitability and discount rates. Analyst Commentary Recent price target adjustments for Alpha Bank have generally pointed to a constructive stance, with JPMorgan and other firms fine tuning their views rather than making sweeping changes.Narrative Update • Apr 18
ALPHA: Incremental Price Target Lifts Will Support Future Re Rating Potential
Narrative Update: Alpha Bank The analyst price target for Alpha Bank has been adjusted from about €4.50 to roughly €4.57, as analysts factor in recent target increases from JPMorgan and Deutsche Bank alongside updated assumptions for fair value, discount rate, revenue growth, profit margin and future P/E. Analyst Commentary Recent research updates on Alpha Bank have focused on incremental price target adjustments, with bullish analysts revisiting their fair value assumptions and risk settings rather than making wholesale changes to their views.Narrative Update • Apr 04
ALPHA: Fair Value Will Hinge On Execution And Risk Pricing Assumptions
Analysts have raised their average price target on Alpha Bank by €0.10 to €3.41, citing revised assumptions for fair value, discount rate, revenue growth, profit margin and future P/E, along with recent target increases from several banks. Analyst Commentary Recent research updates on Alpha Bank have centred on recalibrating price targets and reassessing assumptions for earnings and valuation.Narrative Update • Mar 21
ALPHA: Higher Fair Value And Lower Discount Rate Will Support Upside
Analysts have lifted the Alpha Bank price target to €4.50 from €4.40, reflecting updated assumptions around fair value, discount rate, revenue growth, profit margin and future P/E after recent research updates from major banks. Analyst Commentary Recent research updates around Alpha Bank focus on adjusted price targets and how analysts see the risk and reward trade off at current levels.Narrative Update • Mar 07
ALPHA: Fair Value Views Will Depend On Execution Against Margin Assumptions
Analysts have lifted their price target on Alpha Bank to €4.30 from €4.20, citing updated assumptions for fair value, discount rate, revenue growth, profit margin and future P/E. Analyst Commentary JPMorgan’s move to lift the price target to €4.30 while keeping an Overweight stance signals confidence in Alpha Bank’s updated assumptions on fair value, discount rate, revenue growth, profit margin and future P/E.Narrative Update • Feb 21
ALPHA: Lower Discount Rate And Higher Future P/E Will Drive Upside Potential
Analysts have lifted their price target for Alpha Bank from €4.08 to €4.40, reflecting updated assumptions that include a lower discount rate, a slightly higher profit margin, a revised revenue growth outlook, and a higher future P/E multiple. Valuation Changes Fair Value: Updated from €4.08 to €4.40, representing a modest upward revision in the estimated value per share.Narrative Update • Feb 07
ALPHA: Future Earnings Sensitivity Will Limit Upside After Latest Price Cut
Analysts trimmed their price target on Alpha Bank to €4.00 from €4.10, citing updated assumptions on fair value, discount rate, revenue, profit margin and future P/E that still support a positive view on the shares. Analyst Commentary The latest move from JPMorgan to trim its price target on Alpha Bank to €4.00 from €4.10 signals that even supportive analysts are fine tuning their views as they factor in updated assumptions on fair value, discount rates, revenue, profit margins and future P/E levels.
Narrative Update • Jan 23
ALPHA: Medium Term EPS Guidance Will Support Upside Case
Analysts have trimmed their price target on Alpha Bank to €4 from €4.10, citing updated fair value estimates and revised assumptions on revenue growth, profit margins, discount rates, and future P/E multiples. Analyst Commentary JPMorgan has reduced its price target on Alpha Bank to €4 from €4.10 while maintaining an Overweight stance, which signals that its analysts still see the shares as attractive at current levels even after revisiting their assumptions.Narrative Update • Jan 09
ALPHA: Fine Tuned Assumptions And EPS Guidance Will Shape Future Upside Potential
Analysts have trimmed their price target on Alpha Bank to €4 from €4.10, citing updated assumptions around fair value, discount rate, revenue growth, profit margin and future P/E. Analyst Commentary Bullish Takeaways Bullish analysts highlight that the revised €4 target still sits only slightly below the prior €4.10 level, which signals continued confidence in the bank's ability to support a relatively full valuation.Narrative Update • Dec 18
ALPHA: Execution On Cost Control Will Support Future Upside Potential
Analysts slightly reduced their price target on Alpha Bank to EUR 4.00 from EUR 4.10, citing a marginally higher fair value alongside modest tweaks to the discount rate, revenue growth expectations, profit margin outlook, and forward valuation assumptions. Analyst Commentary Despite the marginal reduction in the price target, bullish analysts continue to highlight a constructive view on Alpha Bank’s medium term trajectory, pointing to a mix of valuation support and execution progress on strategic initiatives.Narrative Update • Dec 04
ALPHA: Margin Strength And Clean Balance Sheet Will Support Future Upside
Analysts have modestly reduced their price target on Alpha Bank from EUR 4.10 to EUR 4.00, citing slightly softer revenue growth expectations, offset by incremental improvements in profit margins and long term earnings multiples. Analyst Commentary Recent commentary around the revised EUR 4.00 price target highlights a balanced view of Alpha Bank's risk reward profile, reflecting both confidence in its strategic direction and acknowledgement of execution risks.Narrative Update • Nov 20
ALPHA: UniCredit Stake Expansion Will Drive Positive Outlook Despite Near-Term Caution
Analysts have modestly lowered their price target for Alpha Bank from €4.10 to €4.00, reflecting updated views on the bank's revenue growth and profit outlook. Analyst Commentary Bullish Takeaways Bullish analysts point to the bank's continued Overweight rating as a sign of confidence in its long-term growth trajectory.Narrative Update • Nov 06
ALPHA: UniCredit Stake Increase And Risk Transfer Will Shape Future Performance
Analysts have raised Alpha Bank's fair value estimate from $3.75 to $3.82. They cite improved revenue growth forecasts and a lower discount rate as key factors supporting the higher price target.Narrative Update • Oct 22
Analysts Lift Alpha Bank Price Target Amid UniCredit Stake Increase and Positive Valuation Shifts
Analysts have raised their price target for Alpha Bank from €3.66 to €3.75. They cite marginal improvements in fair value estimates and expectations for slightly higher revenue growth.Narrative Update • Oct 08
Hellenic Post And UniCredit Partnerships Will Shape Future European Banking
Analysts have modestly raised their price target for Alpha Bank from €3.60 to €3.66, citing improvements in fair value estimates and underlying financial metrics. What's in the News UniCredit S.p.A. agreed to acquire an additional 5% stake in Alpha Bank, increasing its ownership to 26%.Narrative Update • Sep 19
Hellenic Post And UniCredit Partnerships Will Shape Future European Banking
The recent minimal upward revision in Alpha Bank’s consensus analyst price target to €3.60 reflects stable core metrics, with both net profit margin and discount rate showing only marginal changes. What's in the News UniCredit agreed to acquire an additional 5% stake in Alpha Bank, raising its ownership to 26%, pending regulatory approval.Narrative Update • Sep 04
Hellenic Post And UniCredit Partnerships Will Shape Future European Banking
With both Alpha Bank’s future P/E ratio and consensus revenue growth forecasts remaining stable, analysts have left their fair value estimate unchanged at €3.53. What's in the News UniCredit agreed to acquire an additional 5% stake in Alpha Bank, increasing its ownership to 26%, pending regulatory approval.
New Narrative • Dec 21
Partnership With UniCredit And Calculated Loan Growth Will Enhance Profitability And Drive Future Growth
Strategic investments and partnerships, along with improved asset quality, are set to enhance Alpha's revenue and profitability.Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, ALPHA has been paying a dividend for less than 10 years.
Growing Dividend: ALPHA's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
| Alpha Bank Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ALPHA) | 3.3% |
| Market Bottom 25% (GR) | 2.0% |
| Market Top 25% (GR) | 5.3% |
| Industry Average (Banks) | 2.8% |
| Analyst forecast (ALPHA) (up to 3 years) | 6.1% |
Notable Dividend: ALPHA's dividend (3.32%) is higher than the bottom 25% of dividend payers in the Greek market (1.98%).
High Dividend: ALPHA's dividend (3.32%) is low compared to the top 25% of dividend payers in the Greek market (5.27%).
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (31.8%), ALPHA's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: ALPHA's dividends in 3 years are forecast to be well covered by earnings (38.8% payout ratio).
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/29 07:03 |
| End of Day Share Price | 2026/05/29 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
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 |
| |
| 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.
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 Github.
Analyst Sources
Alpha Bank S.A. is covered by 30 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 |
|---|---|
| Kirishanthan Vijayarajah | Barclays |
| Robert Bate | Barclays |
| Manos Chatzidakis | Beta Securities S.A. |