Reported Earnings • May 23
First quarter 2026 earnings released: EPS: €0.005 (vs €0 in 1Q 2025) First quarter 2026 results: EPS: €0.005 (up from €0 in 1Q 2025). Revenue: €54.0m (up 4.8% from 1Q 2025). Net income: €7.82m (up €7.71m from 1Q 2025). Profit margin: 14% (up from 0.2% in 1Q 2025). Revenue is forecast to grow 38% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Banks industry in Greece. Announcement • Apr 30
CrediaBank S.A., Annual General Meeting, May 22, 2026 CrediaBank S.A., Annual General Meeting, May 22, 2026, at 10:00 GTB Standard Time. Location: king george hotel at 3, vas.georgiou avenue a, athens Greece New Risk • Apr 09
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 23% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.1% average weekly change). Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (23% increase in shares outstanding). Announcement • Apr 01
CrediaBank S.A. has completed a Follow-on Equity Offering in the amount of €300 million. CrediaBank S.A. has completed a Follow-on Equity Offering in the amount of €300 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 75,000,000
Price\Range: €0.8
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 300,000,000
Price\Range: €0.8 Announcement • Mar 31
CrediaBank S.A. has filed a Follow-on Equity Offering. CrediaBank S.A. has filed a Follow-on Equity Offering.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 375,000,000
Price\Range: €0.8
Security Name: Ordinary Shares
Security Type: Common Stock
Price\Range: €0.8 New Risk • Mar 10
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 34% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (6.5% average weekly change). Large one-off items impacting financial results. Reported Earnings • Mar 08
Full year 2025 earnings released: EPS: €0.009 (vs €0.79 loss in FY 2024) Full year 2025 results: EPS: €0.009 (up from €0.79 loss in FY 2024). Net income: €15.2m (up €340.7m from FY 2024). New Risk • Mar 04
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Greek stocks, typically moving 6.7% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (6.7% average weekly change). Minor Risk Large one-off items impacting financial results. Announcement • Dec 24
CrediaBank S.A. (ATSE:CREDIA) agreed to acquire 70.03% stake in HSBC Bank Malta p.l.c. (MTSE:HSB) from HSBC Continental Europe, S.A. for €200 million. CrediaBank S.A. (ATSE:CREDIA) agreed to acquire 70.03% stake in HSBC Bank Malta p.l.c. (MTSE:HSB) from HSBC Continental Europe, S.A. for €200 million on December 23, 2025. A cash consideration of €200 million will be paid by CrediaBank S.A. As part of consideration, €200 million is paid towards common equity of HSBC Bank Malta p.l.c.
The closing of the Transaction is subject to corporate and regulatory approvals from the Malta Financial Services Authority, the Bank of Greece and the European Central Bank. The transaction is expected to close in 2H 2026. Reported Earnings • Nov 24
Third quarter 2025 earnings released: EPS: €0.003 (vs €0.21 loss in 3Q 2024) Third quarter 2025 results: EPS: €0.003 (up from €0.21 loss in 3Q 2024). Net income: €4.99m (up €343.8m from 3Q 2024). New Risk • Oct 24
New major risk - Revenue and earnings growth Earnings have declined by 7.9% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 7.9% per year over the past 5 years. Shareholders have been substantially diluted in the past year (over 3048x increase in shares outstanding). Revenue is less than US$1m. Minor Risk Share price has been volatile over the past 3 months (6.8% average weekly change). Reported Earnings • Sep 28
Second quarter 2025 earnings released: EPS: €0.003 (vs €17.54 in 2Q 2024) Second quarter 2025 results: EPS: €0.003 (down from €17.54 in 2Q 2024). Net income: €4.81m (down 45% from 2Q 2024). New Risk • Jun 15
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Greek stocks, typically moving 5.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Shareholders have been substantially diluted in the past year (over 3234x increase in shares outstanding). Revenue is less than US$1m. Minor Risk Share price has been volatile over the past 3 months (5.9% average weekly change). Reported Earnings • May 17
First quarter 2025 earnings released: EPS: €0 (vs €7.22 loss in 1Q 2024) First quarter 2025 results: EPS: €0 (improved from €7.22 loss in 1Q 2024). Net income: €100.0k (up €3.71m from 1Q 2024). Announcement • Apr 29
Attica Bank S.A., Annual General Meeting, Jul 10, 2025 Attica Bank S.A., Annual General Meeting, Jul 10, 2025. Reported Earnings • Mar 11
Full year 2024 earnings released: €613 loss per share (vs €80.13 profit in FY 2023) Full year 2024 results: €613 loss per share (down from €80.13 profit in FY 2023). Net loss: €325.5m (down €353.1m from profit in FY 2023). Announcement • Mar 01
Attica Bank S.A. to Report Fiscal Year 2024 Results on Mar 10, 2025 Attica Bank S.A. announced that they will report fiscal year 2024 results on Mar 10, 2025 New Risk • Dec 15
New major risk - Revenue and earnings growth Earnings have declined by 15% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (40% average weekly change). Earnings have declined by 15% per year over the past 5 years. Shareholders have been substantially diluted in the past year (over 3234x increase in shares outstanding). Revenue is less than US$1m. Announcement • Dec 02
Attica Bank S.A. to Report Nine Months, 2024 Results on Dec 12, 2024 Attica Bank S.A. announced that they will report nine months, 2024 results on Dec 12, 2024 New Risk • Nov 15
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Over 718x increase in shares outstanding. This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (38% average weekly change). Shareholders have been substantially diluted in the past year (over 718x increase in shares outstanding). Minor Risk Large one-off items impacting financial results. Valuation Update With 7 Day Price Move • Oct 21
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to €211, the stock trades at a trailing P/E ratio of 3.6x. Average trailing P/E is 6x in the Banks industry in Greece. Total loss to shareholders of 95% over the past three years. New Risk • Oct 09
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: €91.0m (US$99.9m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (20% average weekly change). Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (18% increase in shares outstanding). Market cap is less than US$100m (€91.0m market cap, or US$99.9m). Valuation Update With 7 Day Price Move • Oct 04
Investor sentiment deteriorates as stock falls 30% After last week's 30% share price decline to €3.50, the stock trades at a trailing P/E ratio of 6x. Average trailing P/E is 6x in the Banks industry in Greece. Total loss to shareholders of 91% over the past three years. Reported Earnings • Sep 20
Second quarter 2024 earnings released: EPS: €0.17 (vs €0.027 in 2Q 2023) Second quarter 2024 results: EPS: €0.17 (up from €0.027 in 2Q 2023). Revenue: €25.8m (up 15% from 2Q 2023). Net income: €8.70m (up €7.71m from 2Q 2023). Profit margin: 34% (up from 4.4% in 2Q 2023). Valuation Update With 7 Day Price Move • Sep 18
Investor sentiment deteriorates as stock falls 41% After last week's 41% share price decline to €5.52, the stock trades at a trailing P/E ratio of 12.8x. Average trailing P/E is 6x in the Banks industry in Greece. Total loss to shareholders of 90% over the past three years. Valuation Update With 7 Day Price Move • Sep 03
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to €9.82, the stock trades at a trailing P/E ratio of 21.4x. Average trailing P/E is 6x in the Banks industry in Greece. Total loss to shareholders of 85% over the past three years. Announcement • Sep 01
Attica Bank S.A. to Report First Half, 2024 Results on Sep 19, 2024 Attica Bank S.A. announced that they will report first half, 2024 results on Sep 19, 2024 Valuation Update With 7 Day Price Move • Jul 25
Investor sentiment deteriorates as stock falls 33% After last week's 33% share price decline to €8.78, the stock trades at a trailing P/E ratio of 19.1x. Average trailing P/E is 6x in the Banks industry in Greece. Total loss to shareholders of 90% over the past three years. Announcement • Jul 17
Attica Bank S.A., Annual General Meeting, Jul 16, 2024 Attica Bank S.A., Annual General Meeting, Jul 16, 2024, at 10:00 GTB Standard Time. Location: participation of shareholders through, teleconferencing, Greece Valuation Update With 7 Day Price Move • Jul 11
Investor sentiment improves as stock rises 29% After last week's 29% share price gain to €14.30, the stock trades at a trailing P/E ratio of 31.2x. Average trailing P/E is 6x in the Banks industry in Greece. Total loss to shareholders of 85% over the past three years. Announcement • Jul 09
Attica Bank S.A. (ATSE:TATT) signed a letter of intent to acquire Pancreta Bank S.A. Attica Bank S.A. (ATSE:TATT) signed a letter of intent to acquire Pancreta Bank S.A. on June 27, 2024.The transaction is subject to subject to antitrust regulations. Reported Earnings • Jul 01
First quarter 2024 earnings released: €0.072 loss per share (vs €0.10 profit in 1Q 2023) First quarter 2024 results: €0.072 loss per share (down from €0.10 profit in 1Q 2023). Revenue: €10.7m (down 51% from 1Q 2023). Net loss: €3.60m (down 444% from profit in 1Q 2023). Announcement • May 01
Attica Bank S.A. to Report Q1, 2024 Results on May 31, 2024 Attica Bank S.A. announced that they will report Q1, 2024 results on May 31, 2024 Reported Earnings • Mar 11
Full year 2023 earnings released: EPS: €0.61 (vs €51.29 loss in FY 2022) Full year 2023 results: EPS: €0.61 (up from €51.29 loss in FY 2022). Net income: €27.6m (up €414.2m from FY 2022). Announcement • Mar 02
Attica Bank S.A. to Report Fiscal Year 2023 Results on Mar 07, 2024 Attica Bank S.A. announced that they will report fiscal year 2023 results on Mar 07, 2024 Reported Earnings • Nov 17
Third quarter 2023 earnings released: EPS: €0.29 (vs €1.42 loss in 3Q 2022) Third quarter 2023 results: EPS: €0.29 (up from €1.42 loss in 3Q 2022). Net income: €13.1m (up €24.7m from 3Q 2022). Announcement • Nov 11
Attica Bank S.A. to Report Nine Months, 2023 Results on Nov 15, 2023 Attica Bank S.A. announced that they will report nine months, 2023 results on Nov 15, 2023 Reported Earnings • Sep 24
Second quarter 2023 earnings released: EPS: €0.096 (vs €2.61 loss in 2Q 2022) Second quarter 2023 results: EPS: €0.096 (up from €2.61 loss in 2Q 2022). Net income: €953.0k (up €22.3m from 2Q 2022). Announcement • Sep 01
Attica Bank S.A. to Report First Half, 2023 Results on Sep 28, 2023 Attica Bank S.A. announced that they will report first half, 2023 results on Sep 28, 2023 Announcement • Jul 08
Attica Bank S.A. Appoints Thymios Kyriakopoulos as Independent Non-Executive Member of the Board of Directors TBC Bank Group PLC ("TBC PLC") announces that Thymios Kyriakopoulos, independent non-executive Director of TBC PLC, has been appointed as independent non-executive member of the board of directors of Attica Bank. Announcement • Jul 01
Attica Bank S.A., Annual General Meeting, Jul 05, 2023 Attica Bank S.A., Annual General Meeting, Jul 05, 2023. Announcement • Jun 09
Attica Bank S.A. to Report Q1, 2023 Results on Jun 08, 2023 Attica Bank S.A. announced that they will report Q1, 2023 results at 5:30 PM, E. Europe Standard Time on Jun 08, 2023 Reported Earnings • Jun 09
First quarter 2023 earnings released First quarter 2023 results: Net income: €1.00m (up €9.51m from 1Q 2022). Reported Earnings • May 01
Full year 2022 earnings released: €47.37 loss per share (vs €61.08 loss in FY 2021) Full year 2022 results: €47.37 loss per share. Net loss: €386.6m (loss widened 268% from FY 2021). Board Change • Nov 16
Less than half of directors are independent There are 10 new directors who have joined the board in the last 3 years. Of these new board members, 4 were independent directors. The company's board is composed of: 10 new directors. 1 experienced director. No highly experienced directors. 4 independent directors (7 non-independent directors). Non-Executive Chairman Konstantinos Makedos is the most experienced director on the board, commencing their role in 2019. Independent Non-Executive Member Aimilios Giannopoulos was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Announcement • Jul 01
Attica Bank S.A., Annual General Meeting, Jul 05, 2022 Attica Bank S.A., Annual General Meeting, Jul 05, 2022, at 12:00 E. Europe Standard Time. Announcement • Jun 01
Attica Bank S.A. to Report Q1, 2022 Results on Jun 29, 2022 Attica Bank S.A. announced that they will report Q1, 2022 results on Jun 29, 2022 Board Change • Apr 27
Less than half of directors are independent There are 11 new directors who have joined the board in the last 3 years. Of these new board members, 4 were independent directors. The company's board is composed of: 11 new directors. No experienced directors. No highly experienced directors. 4 independent directors (7 non-independent directors). Non-Executive Chairman Konstantinos Makedos is the most experienced director on the board, commencing their role in 2019. Independent Non-Executive Member Aimilios Giannopoulos was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Reported Earnings • Dec 29
Third quarter 2021 earnings: EPS and revenues miss analyst expectations Third quarter 2021 results: €0.96 loss per share (down from €0.80 loss in 3Q 2020). Net loss: €7.36m (loss widened 20% from 3Q 2020). Revenue missed analyst estimates by 14%. Earnings per share (EPS) were also behind analyst expectations. Earnings per share (EPS) missed analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 41 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 26
Second quarter 2021 earnings released: €0.03 loss per share (vs €0.037 loss in 2Q 2020) Second quarter 2021 results: Net loss: €13.7m (loss narrowed 20% from 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 100 percentage points per year, which is a significant difference in performance. Reported Earnings • May 02
Full year 2020 earnings released: €0.66 loss per share (vs €0.011 profit in FY 2019) The company reported a soft full year result with weaker earnings and weaker control over costs, although revenues improved. Full year 2020 results: Revenue: €52.3m (up 8.9% from FY 2019). Net loss: €306.4m (down €311.4m from profit in FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 85 percentage points per year, which is a significant difference in performance. Reported Earnings • Dec 19
Third quarter 2020 earnings released: €0.013 loss per share The company reported a decent third quarter result with improved revenues, although earnings and control over expenses were weaker. Third quarter 2020 results: Revenue: €28.1m (up 185% from 3Q 2019). Net loss: €6.12m (down €6.47m from profit in 3Q 2019). Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Nov 20
New 90-day high: €0.20 The company is up 15% from its price of €0.18 on 21 August 2020. The Greek market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Banks industry, which is up 12% over the same period. Announcement • Jul 05
Attica Bank S.A. to Report First Half, 2020 Results on Jul 30, 2020 Attica Bank S.A. announced that they will report first half, 2020 results on Jul 30, 2020