Piraeus Financial Holdings: Nine Month 2025 Financial Results

Core Insights - Piraeus Financial Holdings reported a net profit of €854 million and a return on tangible book value (RoTBV) of 15% for the first nine months [1] - The company achieved a normalized return of 15% over tangible book value and maintained a cost-to-core income ratio of 34% [1] - Earnings per share stood at €0.62, with a net interest margin (NIM) of 2.3% and net revenues of €2.0 billion [1] Financial Performance - The total capital ratio increased by 65 basis points year-over-year to 20.6% [1] - The non-performing exposure (NPE) ratio is reported at 2.5%, with an organic cost of risk (CoR) of 49 basis points [1] - Client assets reached €37 billion, indicating a strong performing book expansion [1]