piraeus financial holdings

H1.2022 Financial Performance at a Glance

#1 Bank in Greece in terms of market share in performing loans, deposits, footprint
5.7mn Customers in Greece
€0.21 Normalized EPS, of which € 0.16 from core banking
9% NPE ratio, milestone achieved
10% Normalized return on TBV, sustained enhanced returns for the rest of the year
16.7% Total capital ratio
€1.5bn Net performing loans growth, already beating annual target
€226mn Core operating profit
€512mn Net interest income, excluding income from NPEs, +3% yoy
237€mn Net fee income (incl. Rental Income) +22% yoy
€408mn Operating expenses (recurring) -4% yoy
49% Cost-to-income ratio, broadly stable, despite the loss of NPE accruals
0.5% Cost of risk underlying, compared to 1.0% in H1.21
-€1.5bn NPE reduction in H1.22
205% Liquidity coverage ratio
63% Loan-to-deposit ratio