National Bank of Greece S.A., together with its subsidiaries, provides financial products and services in Greece, the United Kingdom, North Macedonia, Romania, Cyprus, Malta, and Egypt.
Adequate balance sheet and fair value.
Share Price & News
How has National Bank of Greece's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: NBGC.Y has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: Insufficient data to determine how NBGC.Y performed against the US Banks industry.
Return vs Market: Insufficient data to determine how NBGC.Y performed against the US Market.
Price Volatility Vs. Market
How volatile is National Bank of Greece's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is National Bank of Greece undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: NBGC.Y ($6.08) is trading above our estimate of fair value ($1.71)
Significantly Below Fair Value: NBGC.Y is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: NBGC.Y is good value based on its PE Ratio (2.3x) compared to the Banks industry average (9.4x).
PE vs Market: NBGC.Y is good value based on its PE Ratio (2.3x) compared to the US market (16.5x).
Price to Earnings Growth Ratio
PEG Ratio: NBGC.Y's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: NBGC.Y is good value based on its PB Ratio (0.2x) compared to the US Banks industry average (0.8x).
How is National Bank of Greece forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NBGC.Y's earnings are forecast to decline over the next 3 years (-0.1% per year).
Earnings vs Market: NBGC.Y's earnings are forecast to decline over the next 3 years (-0.1% per year).
High Growth Earnings: NBGC.Y's earnings are forecast to decline over the next 3 years.
Revenue vs Market: NBGC.Y's revenue is expected to decline over the next 3 years (-16.1% per year).
High Growth Revenue: NBGC.Y's revenue is forecast to decline over the next 3 years (-16.1% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: NBGC.Y's Return on Equity is forecast to be low in 3 years time (4.3%).
How has National Bank of Greece performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NBGC.Y has high quality earnings.
Growing Profit Margin: NBGC.Y became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: NBGC.Y has become profitable over the past 5 years, growing earnings by 73.5% per year.
Accelerating Growth: NBGC.Y has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: NBGC.Y has become profitable in the last year, making it difficult to compare its past year earnings growth to the Banks industry (1.8%).
Return on Equity
High ROE: NBGC.Y's Return on Equity (10.3%) is considered low.
How is National 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: NBGC.Y's Assets to Equity ratio (13.4x) is moderate.
Allowance for Bad Loans: NBGC.Y has a low allowance for bad loans (56%).
Low Risk Liabilities: 74% of NBGC.Y's liabilities are made up of primarily low risk sources of funding.
Loan Level: NBGC.Y has an appropriate level of Loans to Assets ratio (42%).
Low Risk Deposits: NBGC.Y's Loans to Deposits ratio (61%) is appropriate.
Level of Bad Loans: NBGC.Y has a high level of bad loans (30.7%).
What is National Bank of Greece current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate NBGC.Y's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate NBGC.Y's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if NBGC.Y's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if NBGC.Y's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: NBGC.Y is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of NBGC.Y's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Paul Mylonas (62yo)
Dr. Pavlos Konstantinos Mylonas, also known as Paul, Ph.D. serves as Chairman of the Board of Directors of Vojvodjanska Banka AD and Non-Executive Chairman of the Board of Direcotrs at NBG Cyprus Ltd. He i ...
|CEO & Executive Director||2.17yrs||€336.50k||no data|
|GM of Group Compliance & Corporate Governance and Secretary||3.58yrs||€137.08k||0.000010% €136.8|
|Executive Director||1yr||€120.83k||no data|
|GM & Group CFO||1yr||no data||no data|
|?Assistant General Manager of Operations||1.67yrs||no data||no data|
|General Manager of Corporate & Investment Banking||2.83yrs||no data||no data|
|?Assistant GM & Group Chief Information Officer||1.92yrs||no data||no data|
|Head of IR||no data||no data||no data|
|General Manager of Legal Services||3.25yrs||no data||no data|
Experienced Management: NBGC.Y's management team is considered experienced (2 years average tenure).
|CEO & Executive Director||2.17yrs||€336.50k||no data|
|Executive Director||1yr||€120.83k||no data|
|Chairman & CEO of Finansbank||no data||no data||no data|
|Chairman & CEO of Stopanska Banka||no data||no data||no data|
|CEO & Director of Banca Romaneasca||5.58yrs||no data||no data|
|MD & Director of National Bank of Greece - Cyprus||10.33yrs||no data||no data|
|Independent Non-Executive Director||3.67yrs||€113.99k||no data|
|Non Executive Chairman||2.5yrs||€257.39k||no data|
|Independent Non-Executive Member||1yr||€47.25k||no data|
|Independent Non-Executive Director||2.25yrs||€102.80k||no data|
Experienced Board: NBGC.Y's board of directors are considered experienced (3.1 years average tenure).
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.
National Bank of Greece S.A.'s company bio, employee growth, exchange listings and data sources
- Name: National Bank of Greece S.A.
- Ticker: NBGC.Y
- Exchange: OTCPK
- Founded: 1841
- Industry: Diversified Banks
- Sector: Banks
- Market Cap: €1.217b
- Listing Market Cap: €1.368b
- Shares outstanding: 914.49m
- Website: https://www.nbg.gr
Number of Employees
- National Bank of Greece S.A.
- 86 Eolou Street
- 105 59
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|ETE||ATSE (The Athens Stock Exchange)||EUR0.30||GR||EUR||No data|
|NBG N||BMV (Bolsa Mexicana de Valores)||SPON ADR EA REP 1 ORD (POST REV SPLT)||MX||EUR||No data|
|ETE||ATSE (The Athens Stock Exchange)||Yes||Ordinary Shares||GR||EUR||Nov 1985|
|NAGF||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Nov 1985|
|0RCR||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||EUR||Nov 1985|
|NBGI.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Nov 1985|
|NBGC.Y||OTCPK (Pink Sheets LLC)||UNSPONSRED ADS||US||USD||Jun 2019|
National Bank of Greece S.A., together with its subsidiaries, provides financial products and services in Greece, the United Kingdom, North Macedonia, Romania, Cyprus, Malta, and Egypt. The company operates through Retail Banking, Corporate & Investment Banking, Special Assets Unit, Global Markets and Asset Management, Insurance, International Banking Operations, and Other segments. It offers savings, current, time deposit, and sight accounts; deposit multiproducts; and deposits in foreign currency. The company’s loan portfolio comprises housing loans; consumer loans; asset financing solutions, such as loans for business premises and equipment, and leasing services; and liquidity financing solutions consisting of working capital financing, contract farming, factoring, and guarantees, as well as co-funded loans. It also provides financing for SMEs and renewable-energy-sources, and letters of guarantee and documentary credits; syndicated loans, floating rate loans, loans for working capital, and corporate bonds; factoring services, revolving credit facilities, closed-term loans, and loans in foreign currency; project finance; import-export services, trade finance solutions, and guarantee programs for international transactions; investment products and services comprising time deposits, mutual funds, SICAVs, and stock trading services; and child and pension, health, home, vehicle, and cards insurance products. In addition, the company provides debit, credit, and prepaid cards; payments through standing orders; safe deposit boxes; bank cheques and orders; remittances; foreign currency services; corporate cash management services; securities services; and payments and liquidity management solutions, as well as operates in real estate management and warehousing businesses. It operates approximately 415 branches and 1,437 ATMs in Greece. National Bank of Greece S.A. was founded in 1841 and is headquartered in Athens, Greece.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/07/05 00:42|
|End of Day Share Price||2020/07/01 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.