Financial Ratios Alpha Services and Holdings S.A. Athens S.E.

Equities

ALPHA

GRS015003007

Banks

Delayed Athens S.E. Other stock markets			5-day change	1st Jan Change
- ^EUR	-.--%		+5.11%	+85.65%

05-05	UniCredit Q1 net profit beats expectations, 2026 guidance upgraded	RE
05-05	UniCredit Lifts Full-Year Profit Guidance	DJ

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Published financial data: ALPHA SERVICES AND HOLDINGS S.A.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Interest Income On Loans	1.89B	1.89B	3.58B	4.41B	4.04B
Interest Income On Investments	1.82M	2.88M	4.53M	6M	23M
Interest Income, Total	1.89B	1.89B	3.58B	4.41B	4.06B
Interest On Deposits	512M	565M	1.92B	2.76B	2.44B
Interest Expense, Total	512M	565M	1.92B	2.76B	2.44B
Net Interest Income	1.38B	1.33B	1.66B	1.65B	1.62B
Gain (Loss) on Sale of Loans	-2.25B	-3.56M	-17.22M	31M	39M
Gain (Loss) on Sale of Assets	-670K	233M	2.96M	27M	15M
Gain (Loss) on Sale of Invest. & Securities - (Rev)	156M	5.28M	24.88M	21M	2M
Total Other Non Interest Income	370M	651M	457M	512M	508M
Non Interest Income, Total	-1.72B	886M	468M	591M	564M
Revenues Before Provison For Loan Losses	-345M	2.21B	2.13B	2.24B	2.18B
Provision For Loan Losses	1.43B	559M	467M	453M	399M
Total Revenues	-1.78B	1.65B	1.66B	1.79B	1.79B
Salaries And Other Employee Benefits	397M	372M	330M	370M	374M
Occupancy Expense	157M	157M	157M	179M	131M
Selling General & Admin Expenses, Total	389M	448M	327M	238M	259M
(Gain) Loss on Sale of Loans	-	-	-	-	5M
(Income) Loss on Equity Invest.	-6.17M	-3.05M	-875K	-	-43M
Total Other Non Interest Expense	107M	31.75M	304K	109M	92M
Non Interest Expense, Total	1.04B	1B	814M	896M	818M
EBT, Excl. Unusual Items	-2.82B	649M	844M	893M	968M
Restructuring Charges	-107M	-4.36M	-46.45M	-69M	-18M
Impairment of Goodwill	-	-	-	-	-
Asset Writedown	-	-	-18.9M	-15M	-38M
Insurance Settlements	-	-	-	7M	-
Legal Settlements	-	-	-5.85M	-	-8M
Other Unusual Items	-	-	-	-	-
EBT, Incl. Unusual Items	-2.93B	644M	773M	816M	904M
Income Tax Expense	-55.8M	264M	233M	219M	-15M
Earnings From Continuing Operations	-2.87B	381M	540M	597M	919M
Earnings Of Discontinued Operations	-33.14M	17.44M	71.22M	57M	24M
Net Income to Company	-2.91B	398M	611M	654M	943M
Minority Interest	-86K	-307K	-308K	-	-
Net Income - (IS)	-2.91B	398M	611M	654M	943M
Preferred Dividend and Other Adjustments	-	-	16.75M	48M	70M
Net Income to Common Incl Extra Items	-2.91B	398M	594M	606M	873M
Net Income to Common Excl. Extra Items	-2.87B	380M	523M	549M	849M
Per Share Items
Net EPS - Basic	-1.5	0.17	0.25	0.26	0.38
Basic EPS - Continuing Operations	-1.49	0.16	0.22	0.24	0.37
Basic Weighted Average Shares Outstanding	1.93B	2.35B	2.35B	2.31B	2.31B
Net EPS - Diluted	-1.5	0.17	0.25	0.26	0.38
Diluted EPS - Continuing Operations	-1.49	0.16	0.22	0.24	0.37
Diluted Weighted Average Shares Outstanding	1.93B	2.35B	2.35B	2.32B	2.31B
Normalized Basic EPS	-0.91	0.17	0.22	0.24	0.26
Normalized Diluted EPS	-0.91	0.17	0.22	0.24	0.26
Dividend Per Share	-	-	0.03	0.03	0.11
Payout Ratio	-	0.76	0.1	9.33	19.3
American Depositary Receipts Ratio (ADR)	0.25	0.25	0.25	0.25	0.25
Supplemental Items
Effective Tax Rate - (Ratio)	1.9	40.92	30.14	26.84	-1.66
Total Current Taxes	47.67M	21.63M	92K	59M	10M
Total Deferred Taxes	-103M	242M	233M	160M	-25M
Normalized Net Income	-1.76B	405M	527M	558M	605M
Non-Cash Pension Expense	4.4M	1.41M	-	1M	1M

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	12.09B	13.32B	4.78B	459M	476M
Investment Securities, Total	12.08B	13.96B	16.64B	19.15B	19.77B
Trading Asset Securities, Total	946M	2.15B	1.85B	681M	549M
Total investments	13.02B	16.1B	18.49B	19.83B	20.32B
Gross Loans	39.03B	39.91B	37.08B	39.65B	44.12B
Allowance For Loan Losses	-2.08B	-1.1B	-842M	-601M	-637M
Other Adjustments to Gross Loans	-52.18M	-29.22M	-37.67M	-	-
Net Loans	36.9B	38.78B	36.2B	39.05B	43.48B
Gross Property Plant And Equipment	1.52B	1.37B	1.23B	1.29B	1.4B
Accumulated Depreciation	-786M	-842M	-728M	-759M	-803M
Net Property Plant And Equipment	738M	529M	501M	534M	595M
Goodwill	-	-	-	-	83M
Other Intangibles, Total	478M	475M	467M	438M	433M
Investment in Real Estate	425M	245M	301M	290M	574M
Accrued Interest Receivable	6.63M	-	-	-	-
Other Receivables	-	32.43M	33.09M	593M	689M
Restricted Cash	269M	237M	27.71M	2.54B	2.99B
Other Current Assets, Total	3.36B	2.49B	7.41B	2.28B	1.81B
Deferred Tax Assets Long-Term (Collected)	5.43B	5.23B	4.98B	4.82B	4.82B
Other Real Estate Owned And Foreclosed	393M	284M	222M	-	-
Other Long-Term Assets, Total	248M	289M	256M	1.25B	1.19B
Total Assets	73.36B	78.02B	73.66B	72.08B	77.46B
Liabilities
Accounts Payable, Total	-	-	-	-	93M
Accrued Expenses, Total	156M	167M	138M	168M	160M
Interest Bearing Deposits	37.7B	38.54B	32.05B	31.19B	31.41B
Non-Interest Bearing Deposits	22.28B	24.7B	21.65B	22.75B	26.1B
Total Deposits	59.97B	63.23B	53.69B	53.94B	57.51B
Short-Term Borrowings	1.6B	2.34B	2.67B	3.56B	4.02B
Current Portion of Long-Term Debt	1.66M	542M	400M	132M	499M
Long-Term Debt	3.09B	2.85B	2.94B	3.43B	3.61B
Long-Term Leases	139M	111M	110M	124M	128M
Current Income Taxes Payable	22.25M	5.79M	3.97M	69M	11M
Deferred Tax Liability Current	23.01M	23.49M	25.1M	18M	35M
Other Current Liabilities - (Bank / Utility Template)	174M	858M	5.55B	1.66B	499M
Unearned Revenue Non Current	7.77M	17.48M	18.04M	23M	25M
Pension & Other Post Retirement Benefits	29.45M	23.88M	23.64M	24M	25M
Deferred Tax Liability Non-Current	-	-	-	-	-
Other Non Current Liabilities	2.06B	1.57B	773M	741M	2.02B
Total Liabilities	67.28B	71.74B	66.34B	63.89B	68.63B
Common Stock, Total	704M	681M	682M	682M	671M
Additional Paid In Capital	11.36B	5.26B	4.78B	4.78B	5.91B
Retained Earnings	-5.82B	376M	1.73B	2.27B	2.92B
Treasury Stock	-	-1.3M	-10.63M	-61M	-106M
Comprehensive Income and Other	-193M	-55.74M	122M	496M	-594M
Total Common Equity	6.05B	6.26B	7.31B	8.17B	8.8B
Minority Interest	29.43M	18.37M	18.31M	16M	19M
Total Equity	6.08B	6.28B	7.32B	8.19B	8.82B
Total Liabilities And Equity	73.36B	78.02B	73.66B	72.08B	77.46B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	2.35B	2.35B	2.34B	2.31B	2.29B
ECS Total Common Shares Outstanding	2.35B	2.35B	2.34B	2.31B	2.29B
Book Value / Share	2.57	2.67	3.12	3.53	3.85
Tangible Book Value	5.57B	5.78B	6.84B	7.74B	8.29B
Tangible Book Value Per Share	2.37	2.46	2.92	3.34	3.63
Average Assets	-	-	-	-	-
Average Loans	-	-	-	-	-
Total Debt	4.83B	5.84B	6.11B	7.24B	8.26B
Deposits at Interest - Cash	12.47B	12.85B	3.94B	2.59B	2.98B
Debt Equivalent of Unfunded Proj. Benefit Obligation	27.83M	22.39M	-	23M	25M
Net Debt	-9.57B	-10.01B	-1.04B	5.12B	5.6B
Equity Method Investments, Total	68.27M	98.66M	99.78M	570M	576M
Full Time Employees	8.94K	8.46K	8.16K	6.03K	6.71K
Number Of Offices	450	417	-	263	270

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	-2.91B	398M	611M	654M	943M
Depreciation, Depletion & Amortization	79.76M	67.18M	52.68M	52M	52M
Amortization of Goodwill and Intangible Assets - (CF)	2.66M	115K	73K	-	-1M
Total Depreciation, Depletion & Amortization	82.42M	67.3M	52.75M	52M	51M
Amortization of Deferred Charges, Total	74.64M	89.22M	105M	122M	80M
Gain (Loss) on Sale of Loans & Receivables - (CF)	-	-	-	-	-
(Gain) Loss On Sale of Asset - (CF)	-243M	-196M	-503M	-533M	-220M
(Gain) Loss on Sale of Investments - (CF)	2.47B	494M	590M	-92M	-344M
Total Asset Writedown	102M	15.62M	7.92M	14M	39M
Provision for Credit Losses	1.39B	-	-	504M	403M
(Income) Loss On Equity Investments - (CF)	-6.17M	-3.05M	-875K	-	-43M
Change in Trading Asset Securities	14.64M	14.08M	135M	48M	401M
Change in Other Net Operating Assets (Collected)	-958M	-1.29B	-7.81B	-4.39B	-2.63B
Other Operating Activities	-9.53M	136M	405M	404M	158M
Net Cash From Discontinued Operations	31.18M	-791K	-128M	-176M	-12M
Cash from Operations	41.43M	-276M	-6.54B	-3.39B	-1.17B
Capital Expenditure	-161M	-16M	-150M	-153M	-277M
Sale of Property, Plant, and Equipment	20.95M	28.63M	13.64M	15M	19M
Cash Acquisitions	-	-	-	-	-341M
Divestitures	117M	215M	369M	300M	8M
Purchase / Sale of Intangible Assets	-	-86.6M	-	-	-
Sale (Purchase) of Real Estate Properties (Collected)	-	-37.61M	-	-	-
Investment in Marketable and Equity Securities, Total	-944M	-3.18B	-3.27B	-1.43B	-218M
Other Investing Activities, Total	198M	102M	137M	348M	593M
Cash from Investing	-769M	-2.98B	-2.9B	-923M	-216M
Long-Term Debt Issued, Total	1.39B	842M	614M	977M	1.07B
Total Debt Issued	1.39B	842M	614M	977M	1.07B
Long-Term Debt Repaid, Total	-56.51M	-404M	-561M	-787M	-513M
Total Debt Repaid	-56.51M	-404M	-561M	-787M	-513M
Issuance of Common Stock	801M	660K	395M	296M	-
Repurchase of Common Stock	-	-14.3M	-8.06M	-55M	-108M
Common Dividends Paid	-	-3.03M	-617K	-61M	-182M
Common & Preferred Stock Dividends Paid	-	-3.03M	-617K	-61M	-182M
Net Increase (Decrease) in Deposit Accounts - (CF)	3.65B	3.28B	1.18B	2.58B	1.83B
Other Financing Activities, Total	-89.36M	-97.95M	-33.59M	-229M	-295M
Cash from Financing	5.69B	3.6B	1.59B	2.72B	1.81B
Foreign Exchange Rate Adjustments	-3.84M	-915K	1.94M	4M	-1M
Miscellaneous Cash Flow Adjustments	-81.62M	-	-2K	200M	-8M
Net Change in Cash	4.88B	345M	-7.85B	-1.39B	411M
Supplemental Items
Cash Interest Paid	41.97M	87.69M	126M	178M	179M
Cash Income Tax Paid (Refund)	58.24M	57.7M	482K	15M	3M
Net Debt Issued / Repaid	1.33B	437M	53.1M	190M	560M

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	-4.01	0.5	0.71	0.83	1.23
Return On Equity %	-39.77	6.16	7.95	7.7	10.79
Return on Common Equity	-39.93	6.18	7.72	7.09	9.98
Shareholders Value Added	-3.7B	-338M	-173M	-232M	-67.11M
Margin Analysis
SG&A Margin	-51.26	56.64	46.58	43.99	42.78
Net Interest Income / Total Revenues %	-77.49	80.2	99.99	92.29	90.76
EBT Excl. Non-Recurring Items Margin %	158.72	39.23	50.92	49.92	54.2
Income From Continuing Operations Margin %	161.6	23.02	32.57	33.37	51.46
Net Income Margin %	163.47	24.06	36.85	36.56	52.8
Net Avail. For Common Margin %	161.6	23	31.54	30.69	47.54
Normalized Net Income Margin	99.2	24.5	31.81	31.2	33.87
Asset quality
Nonperforming Loans / Total Loans %	10.43	6.15	4.85	3.17	3.09
Nonperforming Loans / Total Assets %	5.55	3.15	2.44	1.74	1.76
Nonperforming Assets / Total Assets %	6.06	3.51	2.74	2.07	2.24
NPAs / Loans and OREO	11.28	6.81	5.42	3.77	3.94
NPAs / Equity	73.14	43.63	27.59	18.23	19.7
Allowance for Credit Losses / Net Charge-offs %	435.26	402.94	327.43	435.51	490
Allowance for Credit Losses / Nonperforming Loans %	51.05	44.63	46.85	47.89	46.77
Allowance for Credit Losses / Total Loans %	5.32	2.74	2.27	1.52	1.44
Net Charge-offs / Total Average Loans %	-	-	-	-	-
Provision for Loan Losses / Net Charge-offs %	300.26	205.59	181.69	328.26	306.92
Interest Income / Average Assets	-	-	-	-	-
Interest Expense / Average Assets	-	-	-	-	-
Net Interest Income / Average Assets	-	-	-	-	-
Non Interest Income / Average Assets	-	-	-	-	-
Non Interest Expense / Average Asset	-	-	-	-	-
Capital And Funding
Total Average Common Equity / Total Average Assets %	10.04	8.13	8.93	10.71	11.37
Total Average Equity / Total Average Assets %	10.08	8.16	8.96	10.74	11.39
Total Equity + Allowance for Loan Losses / Total Loans %	20.83	18.43	21.97	22.13	21.4
Gross Loans / Total Deposits %	65.07	63.11	69.05	73.52	76.71
Net Loans / Total Deposits %	61.52	61.34	67.42	72.4	75.6
Tier 1 Capital Ratio %	13.2	13.2	15.7	18.6	17.5
Total Capital Ratio %	16.1	16.2	18.8	21.9	20.6
Core Tier 1 Capital Ratio	13.2	13.2	14.4	16.3	15.4
Tier 2 Capital Ratio	-	-	-	-	-
Coverage Ratio	51.05	44.63	46.85	47.89	46.77
Interbank Ratio	264.45	129.4	81.65	129.68	44.44
Fixed Charges Coverage
EBT + Interest Expense / Interest Expense	-4.72	2.14	1.4	1.3	1.37
Growth Over Prior Year
Net Interest Income, 1 Yr. Growth %	-9.97	-3.76	40.97	-0.72	-1.82
Non Interest Income, 1 Yr. Growth %	-268.93	-151.3	-47.54	26.01	-2.42
Provision For Loan Losses, 1 Yr. Growth %	8.65	-61	-16.67	-3.41	-11.92
Total Revenues, 1 Yr. Growth %	-244.42	-192.74	10.07	7.58	0.56
Earnings From Cont. Operations, 1 Yr. Growth %	-2.94K	-113.25	77.11	7.76	53.94
Net Income, 1 Yr. Growth %	-2.9K	-113.69	65.99	5.83	44.19
Normalized Net Income, 1 Yr. Growth %	-2.03K	-122.97	32.48	5.31	9.01
Diluted EPS Before Extra, 1 Yr. Growth %	-2.37K	-110.88	71.68	5.24	56.63
Dividend Per Share, 1 Yr. Growth %	-	-	-	16.72	274.56
Gross Loans, 1 Yr. Growth %	-19.63	2.26	-7.09	7.16	9.14
Allowance For Loan Losses, 1 Yr. Growth %	-77.12	-47.27	-23.09	-28.62	5.99
Net Loans, 1 Yr. Growth %	-6.41	5.12	-6.67	7.99	9.19
Non Performing Loans, 1 Yr. Growth %	-73.86	-39.69	-26.74	-30.2	8.53
Non Performing Assets, 1 Yr. Growth %	-72.16	-38.63	-26.22	-26.09	16.41
Total Assets, 1 Yr. Growth %	4.73	6.36	-5.57	-0.48	7.43
Total Deposits, 1 Yr Growth %	7.61	5.44	-15.09	0.45	6.64
Tangible Book Value, 1 Yr. Growth %	-28.02	3.81	18.51	13.12	6.78
Common Equity, 1 Yr. Growth %	-27.46	3.45	16.97	11.88	7.36
Total Equity, 1 Yr. Growth %	-27.36	3.26	16.92	11.83	7.39
Compound Annual Growth Rate Over Two Years
Net Interest Income, 2 Yr. CAGR %	-5.67	-6.92	9.7	18.48	-1.27
Non Interest Income, 2 Yr. CAGR %	48.08	-6.77	-47.97	-18.57	9.66
Provision For Loan Losses, 2 Yr. CAGR %	20.29	-34.91	-42.89	-10.14	-7.76
Total Revenues, 2 Yr. CAGR %	15.03	15.89	-3.56	8.97	3.63
Earnings From Cont. Operations, 2 Yr. CAGR %	422.06	93.89	-56.64	39.92	28.8
Net Income, 2 Yr. CAGR %	425.36	95.74	-54.15	33.29	23.53
Normalized Net Income, 2 Yr. CAGR %	251.61	110.48	-45.32	18.41	6.84
Diluted EPS Before Extra, 2 Yr. CAGR %	367.02	57.29	-61.32	35.26	27.68
Dividend Per Share, 2 Yr. CAGR %	-	-	-	-	108.93
Gross Loans, 2 Yr. CAGR %	-9.94	-9.35	-2.53	-0.32	9.19
Allowance For Loan Losses, 2 Yr. CAGR %	-51.09	-65.27	-36.32	-25.93	-13.02
Net Loans, 2 Yr. CAGR %	-3.11	-0.81	-0.95	0.34	9.66
Non Performing Loans, 2 Yr. CAGR %	-49.92	-60.29	-33.52	-28.49	-12.97
Non Performing Assets, 2 Yr. CAGR %	-48.14	-58.6	-32.71	-26.16	-7.24
Total Assets, 2 Yr. CAGR %	7.52	5.54	0.21	-3.88	3.42
Total Deposits, 2 Yr CAGR %	17.21	6.52	-5.38	-7.65	3.5
Tangible Book Value, 2 Yr. CAGR %	-16.3	-13.56	10.78	15.78	10.1
Common Equity, 2 Yr. CAGR %	-15.37	-13.37	9.88	14.4	9.79
Total Equity, 2 Yr. CAGR %	-15.31	-13.4	9.75	14.34	9.77
Compound Annual Growth Rate Over Three Years
Net Interest Income, 3 Yr. CAGR %	-7.79	-5.04	2.71	6.22	11.29
Non Interest Income, 3 Yr. CAGR %	27.53	4.1	-22.89	-30.06	-14.15
Provision For Loan Losses, 3 Yr. CAGR %	-6.1	-17.36	-29.23	-31.88	-10.74
Total Revenues, 3 Yr. CAGR %	27.53	7.16	10.44	0.12	5.84
Earnings From Cont. Operations, 3 Yr. CAGR %	278.55	53.41	74.73	-40.77	44.44
Net Income, 3 Yr. CAGR %	280	55.74	80.56	-39.17	36.83
Normalized Net Income, 3 Yr. CAGR %	118.99	41.6	79.34	-31.85	14.97
Diluted EPS Before Extra, 3 Yr. CAGR %	251.31	33.37	50.4	-45.78	41.52
Gross Loans, 3 Yr. CAGR %	-8.72	-6.04	-8.6	0.53	3.4
Allowance For Loan Losses, 3 Yr. CAGR %	-42.59	-49.85	-54.73	-33.86	-16.53
Net Loans, 3 Yr. CAGR %	-2.87	-0.44	-2.8	1.91	3.89
Non Performing Loans, 3 Yr. CAGR %	-40.47	-46.71	-51.3	-32.44	-17.82
Non Performing Assets, 3 Yr. CAGR %	-38.89	-45.08	-49.8	-30.58	-14.06
Total Assets, 3 Yr. CAGR %	6.34	7.13	1.7	-0.59	-0.24
Total Deposits, 3 Yr CAGR %	12.52	13.15	-1.23	-3.48	-3.11
Tangible Book Value, 3 Yr. CAGR %	-10.14	-10.07	-4.05	11.55	12.83
Common Equity, 3 Yr. CAGR %	-9.32	-9.51	-4.32	10.55	12.13
Total Equity, 3 Yr. CAGR %	-9.28	-9.52	-4.35	10.44	12.1
Compound Annual Growth Rate Over Five Years
Net Interest Income, 5 Yr. CAGR %	-6.49	-7.37	-1.16	1.29	1.16
Non Interest Income, 5 Yr. CAGR %	30.23	11.14	-10.85	-5.53	-11.17
Provision For Loan Losses, 5 Yr. CAGR %	4.18	-11.08	-23.03	-14.48	-21.27
Total Revenues, 5 Yr. CAGR %	7.84	2.5	14.11	5.89	7.73
Earnings From Cont. Operations, 5 Yr. CAGR %	171.33	33.57	59.11	41.45	55.45
Net Income, 5 Yr. CAGR %	133.2	79.96	63.09	44.09	55.48
Normalized Net Income, 5 Yr. CAGR %	103.28	14.04	25.72	31.37	45.93
Diluted EPS Before Extra, 5 Yr. CAGR %	159.64	22.76	45.34	28.3	41.22
Gross Loans, 5 Yr. CAGR %	-7.32	-6.02	-6.29	-3.8	-1.9
Allowance For Loan Losses, 5 Yr. CAGR %	-30.22	-36.99	-40.16	-41.38	-41.22
Net Loans, 5 Yr. CAGR %	-3.64	-2.19	-2.11	-0.13	1.98
Non Performing Loans, 5 Yr. CAGR %	-33.86	-39.03	-37.78	-40.06	-38.57
Non Performing Assets, 5 Yr. CAGR %	-32.76	-37.77	-36.44	-38.18	-35.83
Total Assets, 5 Yr. CAGR %	2.49	5.11	3.84	2.58	2.03
Total Deposits, 5 Yr CAGR %	3.24	7.04	4.99	4.32	0.63
Tangible Book Value, 5 Yr. CAGR %	-8.57	-8.88	-2.3	-0.56	1.38
Common Equity, 5 Yr. CAGR %	-7.82	-8.2	-2.08	-0.66	1.09
Total Equity, 5 Yr. CAGR %	-7.78	-8.2	-2.1	-0.69	1.06