OTCPK:ALBK.F

Stock Analysis Report

Executive Summary

Alpha Bank A.E., together with its subsidiaries, provides various banking and financial products and services to individuals, professionals, and companies in Greece and internationally.

Snowflake

Fundamentals

Adequate balance sheet with moderate growth potential.

Risks

  • Alpha Bank A.E has significant price volatility in the past 3 months.

Similar Companies

Share Price & News

How has Alpha Bank A.E's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

2.1%

OTCPK:ALBK.F

-1.8%

US Banks

0.2%

US Market


1 Year Return

-22.2%

OTCPK:ALBK.F

-15.3%

US Banks

-0.7%

US Market

ALBK.F underperformed the Banks industry which returned -13.6% over the past year.

ALBK.F underperformed the Market in United States of America which returned 0.3% over the past year.


Share holder returns

ALBK.FIndustryMarket
7 Day2.1%-1.8%0.2%
30 Day-18.9%-6.4%-2.7%
90 Day2.9%-4.0%1.6%
1 Year-22.2%-22.2%-12.9%-15.3%1.6%-0.7%
3 Year-20.4%-20.4%41.3%31.7%40.0%30.9%
5 Year67.4%67.4%50.8%34.5%53.8%36.8%

Price Volatility Vs. Market

How volatile is Alpha Bank A.E's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Alpha Bank A.E undervalued based on future cash flows and its price relative to the stock market?

150.47x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Alpha Bank A.E's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Alpha Bank A.E's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Alpha Bank A.E is overvalued based on earnings compared to the US Banks industry average.

Alpha Bank A.E is overvalued based on earnings compared to the United States of America market.


Price Based on Expected Growth

Alpha Bank A.E is poor value based on expected growth next year.


Price Based on Value of Assets

Alpha Bank A.E is good value based on assets compared to the US Banks industry average.


Next Steps

Future Growth

How is Alpha Bank A.E expected to perform in the next 1 to 3 years based on estimates from 10 analysts?

59.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Alpha Bank A.E's revenue is expected to grow by 4.3% yearly, however this is not considered high growth (20% yearly).

Alpha Bank A.E's earnings are expected to grow significantly at over 20% yearly.

Alpha Bank A.E's revenue growth is positive but not above the United States of America market average.

Alpha Bank A.E's earnings growth is expected to exceed the United States of America market average.

Alpha Bank A.E's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Alpha Bank A.E is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has Alpha Bank A.E performed over the past 5 years?

47.2%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Alpha Bank A.E has delivered over 20% year on year earnings growth in the past 5 years.

Alpha Bank A.E's 1-year earnings growth is negative, it can't be compared to the 5-year average.

Alpha Bank A.E's 1-year earnings growth is negative, it can't be compared to the US Banks industry average.


Return on Equity

Alpha Bank A.E has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Alpha Bank A.E used its assets less efficiently than the US Banks industry average last year based on Return on Assets.


Return on Capital Employed

Unable to establish if Alpha Bank A.E improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.


Next Steps

Financial Health

How is Alpha Bank A.E's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet

Information is not available.

Information is not available.


Financial Institutions Analysis

Alpha Bank A.E has an acceptable proportion of non-loan assets held.

Alpha Bank A.E has a low allowance for bad loans.

Alpha Bank A.E's liabilities are made up of primarily low risk sources of funding.

Alpha Bank A.E's level of assets compared to its equity is low (i.e. an appropriate level of borrowing to fund lending).

Loans at Alpha Bank A.E are broadly funded by customer deposits.

Alpha Bank A.E has a high level of bad loans (greater than 2%).


Next Steps

Dividend

What is Alpha Bank A.E's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate Alpha Bank A.E's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Alpha Bank A.E's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Alpha Bank A.E has not reported any payouts.

Unable to verify if Alpha Bank A.E's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Alpha Bank A.E has not reported any payouts.


Future Payout to Shareholders

No need to calculate the sustainability of Alpha Bank A.E's dividends in 3 years as they are not expected to pay a notable one for United States of America.


Next Steps

Management

What is the CEO of Alpha Bank A.E's salary, the management and board of directors tenure and is there insider trading?

2.0yrs

Average management tenure


CEO

Vassilios Psaltis (51yo)

0.6yrs

Tenure

0

Mr. Vassilios E. Psaltis has been Chief Executive Officer of Alpha Bank AE since January 2, 2019. Mr. Psaltis was General Manager and Chief Financial Officer of Alpha Bank AE since 2012 until January 2, 20 ...


Management Age and Tenure

2.0yrs

Average Tenure

60yo

Average Age

The tenure for the Alpha Bank A.E management team is about average.


Board Age and Tenure

5.3yrs

Average Tenure

64.5yo

Average Age

The tenure for the Alpha Bank A.E board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Artemios Theodoridis (60yo)

    Deputy C.E.O of Non-Performing Loans & Treasury Mgmt

    • Tenure: 14.6yrs
  • Efstathios Kakogiannis (70yo)

    Chief Information Officer & Executive GM

    • Tenure: 16.6yrs
  • Spyros Filaretos (61yo)

    Deputy CEO

    • Tenure: 14.6yrs
  • Lazaros Papagaryfallou (48yo)

    GM & CFO

    • Tenure: 0.5yrs
  • Vassilios Psaltis (51yo)

    CEO & Executive Director

    • Tenure: 0.6yrs
  • Penelope Konidari (61yo)

    Executive General Manager of Human Resources

    • Tenure: 6.1yrs
  • Marianna Antoniou (52yo)

    Manager of Accounting & Tax

    • Tenure: 0.0yrs
  • Dimitrios Kostopoulos

    Manager of Investor Relations Division

    • Tenure: 0.0yrs
  • Kyriaki Inempolidi

    Manager of Marketing and Public Relations Division

    • Tenure: 1.6yrs
  • Nikolaos Salakas

    GM and Chief Legal & Governance Officer

    • Tenure: 0.4yrs

Board Members

  • Artemios Theodoridis (60yo)

    Deputy C.E.O of Non-Performing Loans & Treasury Mgmt

    • Tenure: 14.6yrs
  • Vasileios Rapanos (72yo)

    Non-Executive Chairman of the Board

    • Tenure: 5.3yrs
  • Yannis Costopoulos (81yo)

    Honorary Chairman

    • Tenure: 5.2yrs
  • Demetrios Mantzounis (72yo)

    Non-Executive Director

    • Tenure: 24.6yrs
  • Jan Oscar A. Vanhevel (71yo)

    Non-Executive Independent Director

    • Tenure: 3.3yrs
  • Spyros Filaretos (61yo)

    Deputy CEO

    • Tenure: 14.6yrs
  • Shahzad Shahbaz (59yo)

    Non-Executive Independent Director

    • Tenure: 5.3yrs
  • Vassilios Psaltis (51yo)

    CEO & Executive Director

    • Tenure: 0.6yrs
  • Richard Paul Gildea (67yo)

    Non-Executive Independent Director

    • Tenure: 3.1yrs
  • George Aronis (62yo)

    Deputy CEO of Retail

    • Tenure: 8.4yrs

Company Information

Alpha Bank A.E.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Alpha Bank A.E.
  • Ticker: ALBK.F
  • Exchange: OTCPK
  • Founded: 1879
  • Industry: Diversified Banks
  • Sector: Banks
  • Market Cap: €2.254b
  • Listing Market Cap: €2.500b
  • Shares outstanding: 1.54b
  • Website: https://www.alpha.gr

Number of Employees


Location

  • Alpha Bank A.E.
  • 40 Stadiou Street
  • Athens
  • Greece

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ALPHAATSE (The Athens Stock Exchange)YesOrdinary SharesGREURJan 1992
ACBBDB (Deutsche Boerse AG)YesOrdinary SharesDEEURJan 1992
0RCSLSE (London Stock Exchange)YesOrdinary SharesGBEURJan 1992
ALBK.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDJan 1992
ALBK.YOTCPK (Pink Sheets LLC)ADR EACH REP 4 SHSUSUSDJul 1996
ALPHAATSE (The Athens Stock Exchange)EUR0.3(REV SPLIT)GREURDec 2015
ACBBDB (Deutsche Boerse AG)EUR0.3(REV SPLIT)DEEURDec 2015

Biography

Alpha Bank A.E., together with its subsidiaries, provides various banking and financial products and services to individuals, professionals, and companies in Greece and internationally. The company operate ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/21 00:19
End of Day Share Price2019/08/15 00:00
Earnings2019/03/31
Annual Earnings2018/12/31


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.