Bank of Greece operates as the central bank of Greece. More Details
Undervalued with acceptable track record.
Share Price & News
How has Bank of Greece's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: TELL is less volatile than 75% of Greek stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: TELL's weekly volatility (2%) has been stable over the past year.
7 Day Return
GR Diversified Financial
1 Year Return
GR Diversified Financial
Return vs Industry: TELL underperformed the Greek Diversified Financial industry which returned 37.9% over the past year.
Return vs Market: TELL exceeded the Greek Market which returned -28.9% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Bank of Greece's share price compared to the market and industry in the last 5 years?
Simply Wall St News
Is Bank of Greece undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: TELL (€15.3) is trading below our estimate of fair value (€460.68)
Significantly Below Fair Value: TELL is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: TELL is good value based on its PE Ratio (0.4x) compared to the European Diversified Financial industry average (12.4x).
PE vs Market: TELL is good value based on its PE Ratio (0.4x) compared to the Greek market (19x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate TELL's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: TELL is good value based on its PB Ratio (0.5x) compared to the XE Diversified Financial industry average (1.3x).
How is Bank of Greece forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Diversified Financials industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Bank of Greece has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Bank of Greece performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TELL has high quality earnings.
Growing Profit Margin: TELL's current net profit margins (59.4%) are higher than last year (48.6%).
Past Earnings Growth Analysis
Earnings Trend: TELL's earnings have declined by 11.3% per year over the past 5 years.
Accelerating Growth: TELL's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: TELL had negative earnings growth (-21.4%) over the past year, making it difficult to compare to the Diversified Financial industry average (4.9%).
Return on Equity
High ROE: TELL's Return on Equity (100.5%) is considered outstanding.
How is Bank of Greece's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: TELL's Assets to Equity ratio (278.2x) is very high.
Allowance for Bad Loans: Insufficient data to determine if TELL has a sufficient allowance for bad loans.
Low Risk Liabilities: 70% of TELL's liabilities are made up of primarily higher risk sources of funding.
Loan Level: TELL has an appropriate level of Loans to Assets ratio (25%).
Low Risk Deposits: TELL's Loans to Deposits ratio (82%) is appropriate.
Level of Bad Loans: Insufficient data to determine if TELL has an appropriate level of bad loans.
What is Bank of Greece current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: TELL's dividend (4.39%) is higher than the bottom 25% of dividend payers in the Greek market (1.67%).
High Dividend: TELL's dividend (4.39%) is in the top 25% of dividend payers in the Greek market (3.96%)
Stability and Growth of Payments
Stable Dividend: TELL's dividend payments have been volatile in the past 10 years.
Growing Dividend: TELL's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (1.6%), TELL's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Yannis Stournaras (65 yo)
Mr. Yannis Stournaras has been a Governor and Member of General Council at Bank of Greece A.E., since June 2014 and Chairman of General Council since June 2014. Mr. Stournaras has been Member of Governing ...
Experienced Board: TELL's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Bank of Greece's company bio, employee growth, exchange listings and data sources
- Name: Bank of Greece
- Ticker: TELL
- Exchange: ATSE
- Founded: 1927
- Industry: Specialized Finance
- Sector: Diversified Financials
- Market Cap: €303.933m
- Shares outstanding: 19.86m
- Website: https://www.bankofgreece.gr
- Bank of Greece
- 21 El. Venizelos Str.
- 102 50
Bank of Greece operates as the central bank of Greece. It participates in the formulation and implementation of monetary policy in the euro area as a member of the Eurosystem; and offers liquidity to domes...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/06/17 22:43|
|End of Day Share Price||2021/06/17 00:00|
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.