Piraeus Financial Holdings SA (BKP.DU)
| Previous close | 3.5500 |
| Open | 3.5460 |
| Bid | 3.6470 x N/A |
| Ask | 3.7210 x N/A |
| Day's range | 3.5460 - 3.5460 |
| 52-week range | 2.5260 - 4.1560 |
| Volume | |
| Avg. volume | 0 |
| Market cap | N/A |
| Beta (5Y monthly) | N/A |
| PE ratio (TTM) | N/A |
| EPS (TTM) | N/A |
| Earnings date | 31 July 2024 |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | N/A |
ReutersGreece's Piraeus Bank $1.4 billion stake sale secures strong demand
ATHENS (Reuters) -The sale of a 27% stake in Piraeus Bank by Greece's bank bailout fund (HFSF), worth about 1.3 billion euros ($1.41 billion), was oversubscribed by more than three times on Monday, sources close to the process told Reuters. Greece's third largest lender will be the third of the country's four big banks to be fully privatised since last autumn after the Greek economy was raised to investment grade. Interest in the Piraeus sale, which was announced on Sunday, is a positive sign for the Greek economy after a decade-long debt crisis that saw the Mediterranean country nearly fall out of the euro before receiving three international bailouts.
ReutersAlpha Bank, Piraeus Bank profits up on higher interest rates
Alpha Bank and Piraeus Bank reported on Friday a jump in profits for the first nine months of 2023 as higher rates boosted net interest income and bad loans declined. Alpha Bank, Greece's fourth-largest lender by market value, reported net earnings of 491 million euros ($522 million), up 59% from the first nine months of 2022. Its net interest income increased 45.8% to 1.34 billion euros, as the margin rose to 2.3% from 1.7% a year earlier.
