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

Citigroup forecasts net profit for the third quarter at €221 million (excluding charitable donations for school reconstruction) and reported net profit at €193 million.

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.

After eight consecutive reductions, the European Central Bank is expected to halt rate cuts, stabilizing lending conditions and boosting banks’ income prospects.

UBS lowered Greece’s 2025 growth forecast to 2.3% but sees recovery driven by consumption, investment, and tourism, with banks still outperforming the European average.

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

Read the full details of the latest banking fee reforms and ATM changes coming into effect on August 11

Revised law tabled in parliament mandates free ATM withdrawals, sets fee caps, and promotes digital banking amid growing public backlash.

This marks the fifth time in the past decade that Citi Greece has received the Best Investment Bank distinction in Greece.

UBS cautions that in the short term, the sector appears vulnerable to risk-off sentiment if broader geopolitical or financial issues emerge

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.

BofA underlines that the equities of Greek banks were trading at a discount price compared to European banks, making them very “attractive” for investors.

Deutsche Bank has raised its target price for Alpha Bank to €3.35 from €3, maintaining a “buy” recommendation. The German multinational investment bank stresses the Greek systemic bank’s robust performance in Q1 2025, suggesting solid fundamentals and a positive outlook. The Greek bank, the German bank notes, is outperforming its competitors primarily due to its […]

Eurobank CEO points the finger back at the state, arguing that it is government-imposed conditions, particularly those tied to property legalization and digital registration, that are delaying sales.

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.