Nbggy was established in 1841 and became the first. Total tangible equity is calculated as the total stockholders equity minus preferred stock minus intangible assets. National bank of greece shares continue to plunge following a recapitalization, reverse split, and delisting. In depth view into piraeus bank price to book value including historical data from 20, charts, stats and industry comps. In depth view into national bank of greece pricetotangiblebook explanation, calculation, historical data and more. A financial ratio used to compare a companys current market price to its book value. Stock analysis for national bank of greece sa nbg including stock price, stock chart, company news, key statistics, fundamentals and company profile. In depth view into national bank of greece price to book value including historical data from 2011, charts, stats and industry comps. National bank of greece nbg will be the sole underwriter of a 161.
Get the latest national bank of greece stock price and detailed information including news, historical. National bank of greece adr archives stock news union. Dec 22, 2015 greeces biggest bank by assets was forced to make the sale as a condition of its multiple bailouts. Tangible book value per share is calculated as the total tangible equity divided by. National bank of greece started a bookbuilding on a share offering to raise 1.
The shares of the bank of greece are registered and have been listed on the athens exchange since june 12, 1930. The shares of the bank of greece are registered and have been listed on the athens exchange since june 12, 1930 it is a partially state owned s. Brad denardo, chairman, president, and ceo of national bank, is pleased to welcome raymond ray. By the mid1960s, nbg accounted for roughly twothirds of all commercial bank deposits, as well as industry and trade financing. Nksh, parent company of the national bank of blacksburg, today announced its results of operations for the quarter and year ended december 31, 2019. Its financial services include retail and commercial banking, asset management, brokerage, investment banking, insurance and real estate at a global level.
Greeces biggest bank by assets was forced to make the sale as a condition of its multiple bailouts. National bank of greece sa share price ete share price. National bank of greece nbg will be able to move ahead with the large securitizations of bad loans under the hercules asset protection scheme and cover losses arising from the sale of its insurance subsidiary thanks to 500 million euros of oneoff gains arising from a swap with the greek state involving new 30 year bonds. Find out all the key statistics for national bank of greece nbgif, including valuation measures, fiscal year financial statistics, trading record, share statistics and more. Nbggy shares are up almost 75% from six months ago. Launch of e3month time deposit for individuals through ibank internet banking and mobile banking applications.
Nbg offloads finansbank to qnb at bargain price financial times. National bank of greece started a book building on a share offering to raise 1. National bank of greece to sell turkish unit to cover capital. Our personal online banking services are temporarily unavailable. National bank of greece sa has a fundamental score of 29 and has a relative valuation of neutral. Change value during the period between open outcry. Athensnational bank of greece sa, the countrys largest lender, reported monday a smaller loss for the third quarter, helped by a solid performance. Simplify your finances with our services including bank accounts, mortgages, credit cards, savings and insurance.
Apr 06, 2017 consider, for example, that while trailing priceto book multiples arent the best way to analyze an industry with as many potential landmines as banking, national bank of greece stock is about as. Athens including stock price, stock chart, company news, key statistics, fundamentals and company profile. Nbggy shares traded with heavy volumes today with todays figure being about more than the stocks 30day average daily volume. Nbg stock quote national bank of greece sa bloomberg. What stands out is that national bank of greece and piraeus bank have increased their npl coverage ratio with roughly 100 basis points compared to. Pricetangible book value on the high end, bank of greece has a pricetangible book value ratio of 1. Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority. National bank of greece ete book value per share actual data and historical chart was last updated on april of 2020 according to the latest annual and quarterly financial statements. Athens stock quote national bank of greece sa bloomberg. Ete research and analysis for national bank of greece s. National bank of greece to sell turkish unit to cover. The bank of greece, a member of the european system of central banks escb, is the national central bank of greece and was established by law 34247 december 1927. National bank of greece sees 500 million euro boost. National bank of greece provides a range of financial services, including commercial and retail banking services including mortgage lending, investment banking, capital markets, venture capital and.
Consider, for example, that while trailing pricetobook multiples arent the best way to analyze an industry with as many potential landmines as banking, national bank of. National bank of greece sa is a greece based company, which provides a range of financial services. Stockopedia rates national bank of greece sa as a speculative value trap. In 1966, under the administration of georgios mavros, the national bank of greece, as part of its 125th anniversary celebrations, decided to create a cultural foundation to support the humanities, fine arts and sciences in greece. Nbg stock quote national bank of greece sa bloomberg markets. Get the latest national bank of greece stock price and detailed information including news, historical charts and realtime prices. National bank of greece sa is a greecebased company, which provides a range of financial services. Make informed decisions during your life or during the growth of your business.
Nbggy tangible book per share national bank of greece. Launch of e3month time deposit for individuals through i bank internet banking and mobile banking applications. Apr 30, 2020 in depth view into national bank of greece price to book value including historical data from 2011, charts, stats and industry comps. Indepth view of key statistics and finances for national bank of greece s. Nbggy was established in 1841 and became the first bank in the modern greek state. Npe coverage incorporates additional haircuts on the market value of. National bank of greece s tangible book value per share for the quarter that ended in dec. Apr 06, 2018 what stands out is that national bank of greece and piraeus bank have increased their npl coverage ratio with roughly 100 basis points compared to last year, while they stayed flat for alpha bank. National bank of greece nbg will be able to move ahead with the large securitizations of bad loans under the hercules asset protection scheme and cover losses arising from the sale of its insurance subsidiary thanks to 500 million euros of oneoff gains arising from a swap with the greek state involving new 30 year bonds these are bonds that expire on march 2023, 2025 and 2026 which were.
We will help you find the right financial solutions to meet your needs. Dec 15, 2015 national bank of greece shares continue to plunge following a recapitalization, reverse split, and delisting. National bank of greece sa engages in the provision of commercial banking services. It said in a statement that the sale price is about 50% of the portfolios worth on the balance sheet and would have a marginal impact on. In depth view into national bank of greece pricetotangible book explanation, calculation, historical data and more. Company overview it trades at a lower pricebook multiple 0. The national bank of greece nbgif and eurobank egfey. Big volumes for national bank of greece adrotcmkts. During the past years, the highest pb ratio of national bank of greece was 8.
According to the bank of greece, greek banks managed to bring down the total volume of npls from a peak of eur 107. In 1953, nbg merged with the bank of athens and briefly changed its name to the national bank of greece and athens the nbg name was restored in 1958. Nbggy book value per share national bank of greece. Hence, todays pb ratio of national bank of greece is 0. The group offers financial products and services for corporate and. Its book value per share for the quarter that ended in sep.
National bank of greece financials markets insider. Eurostat, nbg estimates the prosperity years 19952008 the crisis. Find out all the key statistics for national bank of greece cr ete. In addition to sales, the banks have exploited other ways to manage bad loans. May 08, 2020 in depth view into piraeus bank price to book value including historical data from 20, charts, stats and industry comps. Nbg is well positioned to withstand the covid19 induced economic shock.
Hungarys otp bank to buy national bank of greeces serbian business. The foundation was instituted in accordance with decree 311141966 and is now housed in a handsome building at thoukydidou st, a unique example of the. In 2018, greek banks closed eight sales totaling a book value ofeur. National bank of greece 3 the crisis following a booming decade 19952008, with gdp increasing by 4 per cent in real terms, the current crisis has swept away almost all the previous output gains. National bank of greece to sell turkish unit to cover capital shortfall finansbank has a tangible book value of 3. Nov 09, 2015 athens national bank of greece sa, the countrys largest lender, reported monday a smaller loss for the third quarter, helped by a solid performance from its turkish unit that has been put up for. At, including valuation measures, fiscal year financial statistics, trading record, share statistics and more.
Book value measurements are difficult to rely on, given the recapitalization price and. This is the financialssite for the company national bank of greece on markets insider. Company overview it trades at a lower price book multiple 0. Pricebook value mrq pricecash flow ttm pricesales ttm eps excl.
76 355 1132 42 362 432 829 770 130 856 568 626 589 1103 1394 499 351 873 236 97 1078 676 927 291 1508 292 1241 414 378 1087 74 683 1178 229 1184 1309 970 316 877 1027