Piraeus Financial Holdings

9M.2023 Financial Performance at a Glance

#1 in Greece in performing loans (26%), deposits (27%),
footprint (386 branches)
6.2mn Customers in Greece
€0.55 normalized EPS
15,4% normalized return on average TBV
5.5% NPE ratio, with 57% NPE coverage
17.6% total capital ratio
+€0.8bn net credit expansion in 9M.23
€29.4bn performing loan portfolio, +4% yoy
€721mn normalized operating profit
€1,466mn net interest income, +59% yoy
€403mn net fee income (recurring), +14% yoy
€596mn operating expenses (recurring), -3% yoy
32% cost-to-core income ratio, down from 48% in 9M.22
0.9% organic cost of risk
€58.7bn deposits, +3% yoy
242% liquidity coverage ratio
62% loan-to-deposit ratio