Goldman Sachs notes that valuations in the sector remain attractive, as Greek banks trade at roughly 1.2 times the 2026

Greek banks benefit from better credit conditions, improved liquidity, and stable funding, which enhances their resilience.

UBS noted that Greek banks are still trading at a discount to their European peers, with price-to-earnings ratios of 7.9 times for 2026.

Mortgage lending in Greece is recovering after years of decline, with banks launching low-interest products to attract borrowers in their 40s and 50s

Bank of America recommends a “buy” on three of the banks, except National Bank, for which it maintains a “neutral” rating.

With Euribor near 2%, banks are offering more attractive loans. In July, average mortgage rates fell to 3.52%—110 bps lower than last year—and competition may push them down further.

Interest rates on term deposits in Greece fell sharply in June, easing bank costs but reducing returns for households and businesses

The German bank sees strong loan growth and capital performance driving further upside for Greek lenders, despite recent stock market gains

The U.S.-based investment bank recommends "buy" for three banks and "neutral" for one.

In total, credit institutions are expected to contribute 100 million euros to the entity.

HSBC raised its target for Alpha Bank to 3.75 euros from 3.05 euros, for National Bank to 11.80 from 9.90 euros, and for Piraeus Bank to 7.50 from 7.25 euros.

Currently, three Greek banks have rolled out ATMs that support this feature, with more expected to follow as the demand for contactless services continues to grow

As Greek banks are set to announce their quarterly results for the year this week, JP Morgan estimates the sector will continue on a positive trend, albeit slightly down. As JP Morgan notes, while Q1 results in 2025 posted a slight slump following a strong performance in Q4 of 2024, marked by substantial credit growth […]

JP Morgan has raised its target prices for Greek banks, despite revising its forecast for the European Central Bank’s key interest rate downward, now expecting it to reach 1.5% by the end of 2025. Alpha Bank: JP Morgan included higher loan volumes in its revised estimates, reflecting the bank’s stronger-than-expected performance in 2024. Despite lowering […]

The four systemic Greek banking groups achieved combined net profits of approximately 4.3 billion euros last year, primarily driven by their organic results.

Moody’s Credit Ratings has upgraded Greek banks, shifting their outlook from positive to stable. Specifically, Moody’s upgraded the long-term deposit ratings and senior ratings of the National Bank of Greece (NBG) to Baa1 from Baa2, as well as its standalone Baseline Credit Assessment (BCA) to baa3 from ba1. The bank’s long-term Counterparty Risk Rating (CRR) […]

In the second edition of its monthly tracker, which analyzes industry data from the Bank of Greece, UBS notes that while corporate lending growth remains strong, December was a slower month.

Goldman Sachs downgrades Eurobank to "Neutral" from "Buy" due to its valuation, trading at 1x price-to-tangible book value (P/TBV).

Piraeus Bank remains NBG Securities’ top pick, as it is viewed as unjustifiably undervalued compared to its Greek banking peers.

Under the new tariffs, no fees apply to payments of obligations to the government, social security organizations, utilities, and insurance companies.