
The National Bank of Greece (NBG) is a major financial institution in Greece, with a rich history dating back to 1841. It's one of the largest banks in the country.
The bank's stock quote is listed on the Athens Stock Exchange under the ticker symbol NBG.
As of the last update, the bank's market capitalization is around €2.5 billion.
NBG has a strong presence in Greece, with a network of over 400 branches and a significant share of the country's banking market.
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Financial Information
The National Bank of Greece's stock quote can be a bit complex, but understanding the financial information is crucial for making informed investment decisions.
The bank's financial information reveals that it has a market capitalization of around 2.5 billion euros, as of the last available data. This is a significant figure, indicating the bank's size and influence in the market.
For investors, it's essential to know that the bank's stock is listed on the Athens Stock Exchange, where it trades under the ticker symbol "NBG". This makes it easily accessible for those looking to buy or sell shares.
Historically, the bank's stock has been volatile, with prices fluctuating depending on various market and economic factors. This is evident from the significant price movements in the past, with the stock experiencing both gains and losses.
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Nbg Indices Contribution
Nbg Indices Contribution is an essential aspect of understanding the financial landscape. The NBG contribution to indices is a significant factor in determining the overall performance of the market.
The Bloomberg code for the NBG contribution to indices is INDEX. This code provides a standardized way of tracking the contribution of NBG to various indices.
The ASE General Index has a weight of 10.66% in the NBG contribution to indices. This means that the performance of the ASE General Index has a substantial impact on the overall contribution of NBG to this particular index.
The FTSE/ATHEX Banks index has a weight of 32.98% in the NBG contribution to indices. This is a notable percentage, indicating that the performance of this index has a significant influence on the overall contribution of NBG.
Here is a summary of the NBG contribution to indices:
Valuation:
Financial information is crucial for making informed investment decisions. The valuation of a company can be a complex topic, but let's break it down with some key facts from the National Bank of Greece S.A. valuation data.
The capitalization of the bank has fluctuated between 5.86B and 11.73B over the years. In 2024, the capitalization was 7.07B.
The P/E ratio is a key metric for investors. In 2024, the P/E ratio was 5.51x, and it's expected to increase to 6.24x in 2025.
Enterprise value is another important metric. The enterprise value of the bank has ranged from 624B to 1,145B over the years. In 2024, the enterprise value was 7.07B.
Here's a summary of the valuation metrics:
The free-float of the bank is 91.25%, which means that 91.25% of the shares are available for trading. The yield in 2024 was 7.63%, and it's expected to increase to 7.96% in 2025.
News and Updates
National Bank of Greece S.A. has been in the news lately, with some significant developments worth noting. National Bank of Greece S.A. reported its earnings results for the third quarter and nine months ended September 30, 2024, on November 07.
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The bank has also been involved in a major transaction, with Premia Real Estate Investment Company Societe Anonyme acquiring Sunwing Hotels Hellas S.A. from NLTG HH GREECE SINGLE MEMBER S.A. for approximately €110 million on July 31, 2024. The acquisition price is a significant one, and it's an interesting move in the Greek banking sector.
National Bank of Greece S.A. has been working to strengthen its position in the market, and it's been exploring opportunities to grow its business. On November 12, 2024, the bank issued €650m Green senior preferred bonds with a yield of 3.5%.
Here are some key dates related to National Bank of Greece S.A.:
- July 31, 2024: Premia Real Estate Investment Company Societe Anonyme acquired Sunwing Hotels Hellas S.A. from NLTG HH GREECE SINGLE MEMBER S.A.
- August 1, 2024: National Bank of Greece S.A. held its Q2 2024 Earnings Call.
- September 30, 2024: National Bank of Greece S.A. reported its earnings results for the third quarter and nine months ended.
- October 2, 2024: Greece announced it would not accept bids below €7.55/share in National Bank equity offering.
- November 7, 2024: National Bank of Greece S.A. reported its earnings results for the third quarter and nine months ended September 30, 2024.
- November 12, 2024: National Bank of Greece S.A. issued €650m Green senior preferred bonds with a yield of 3.5%.
National Bank of Greece S.A. has been a major player in the Greek banking sector for a long time, and it's been making moves to stay competitive in the market. The bank's recent earnings reports have shown a strong performance, and it's an interesting development to watch.
Frequently Asked Questions
What is the largest Greek Bank?
Piraeus Bank is Greece's largest bank, holding the top spot in terms of total assets. It offers a comprehensive range of financial products and services to meet various customer needs.
Sources
- https://www.athexgroup.gr/stock-snapshot/-/select-stock/52
- https://www.nbg.gr/en/group/investor-relations/nbg-share-all-the-data
- https://www.advfn.com/stock-market/ASE/ETE/stock-price
- https://www.marketscreener.com/quote/stock/NATIONAL-BANK-OF-GREECE-S-45521319/
- https://www.gurufocus.com/stock/NBGRY/summary
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