National Bank of Greece S.A Cash Flow Conversion Efficiency

Latest as of June 2026: -0.059x

National Bank of Greece S.A cash flow conversion efficiency. Based on the latest financial reports, National Bank of Greece S.A (ETE) has a cash flow conversion efficiency ratio of -0.059x as of June 2026. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (€-569.00 Million ≈ $-665.22 Million USD) by net assets (€9.73 Billion ≈ $11.37 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.

Cash Flow Conversion Efficiency of National Bank of Greece S.A (2014–2025)

Cash flow conversion efficiency of National Bank of Greece S.A from 2014 to 2025. This chart illustrates how National Bank of Greece S.A's cash flow conversion efficiency has evolved over time, based on yearly financial data. View today's stock price for National Bank of Greece S.A for real-time trading data and today's change.

National Bank of Greece S.A Cash Flow Conversion Ratio Explained

National Bank of Greece S.A cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.

National Bank of Greece S.A Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of National Bank of Greece S.A ranked by their cash flow conversion efficiency. Also see National Bank of Greece S.A (ETE) total market value for the company's overall valuation and market capitalisation.

Company	Cash Flow Conversion Efficiency
Will Semiconductor Co Ltd SHG:603501	0.025x
China International Travel Service Corp Ltd SHG:601888	0.013x
Tryg A/S CO:TRYG	0.056x
PICC Property and Casualty Company Limited F:PJC	0.031x
China Petroleum & Chemical Corporation F:CHU	0.057x
Beiersdorf Aktiengesellschaft F:BEI	0.019x
Union Bank of India NSE:UNIONBANK	0.172x
Plains All American Pipeline LP NASDAQ:PAA	0.033x

Annual Cash Flow Conversion Efficiency for National Bank of Greece S.A (2014–2025)

The table below shows the annual cash flow conversion efficiency of National Bank of Greece S.A from 2014 to 2025. Review ETE FCF generation index to assess how much free cash flow the company generates relative to operating cash flow.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	€9.08 Billion ≈ $10.62 Billion	€3.17 Billion ≈ $3.70 Billion	0.349x	+218.01%
2024-12-31	€8.45 Billion ≈ $9.88 Billion	€-2.50 Billion ≈ $-2.92 Billion	-0.296x	+52.71%
2023-12-31	€7.65 Billion ≈ $8.95 Billion	€-4.78 Billion ≈ $-5.59 Billion	-0.625x	-1860.73%
2022-12-31	€6.45 Billion ≈ $7.54 Billion	€229.00 Million ≈ $267.73 Million	0.035x	-90.69%
2021-12-31	€5.77 Billion ≈ $6.75 Billion	€2.20 Billion ≈ $2.57 Billion	0.381x	-69.67%
2020-12-31	€5.08 Billion ≈ $5.94 Billion	€6.38 Billion ≈ $7.46 Billion	1.257x	+355.92%
2019-12-31	€5.28 Billion ≈ $6.17 Billion	€-2.59 Billion ≈ $-3.03 Billion	-0.491x	-386.27%
2018-12-31	€5.64 Billion ≈ $6.59 Billion	€967.00 Million ≈ $1.13 Billion	0.172x	+113.84%
2017-12-31	€7.38 Billion ≈ $8.63 Billion	€-9.14 Billion ≈ $-10.69 Billion	-1.239x	-61.77%
2016-12-31	€7.59 Billion ≈ $8.87 Billion	€-5.81 Billion ≈ $-6.79 Billion	-0.766x	-217.06%
2015-12-31	€9.82 Billion ≈ $11.49 Billion	€6.43 Billion ≈ $7.52 Billion	0.654x	+233.86%
2014-12-31	€10.47 Billion ≈ $12.24 Billion	€-5.12 Billion ≈ $-5.98 Billion	-0.489x	--

About National Bank of Greece S.A

AT:ETE Greece Banks - Regional

Market Cap

$17.60 Billion

€15.06 Billion EUR

Market Cap Rank

#1550 Global

#1 in Greece

Share Price

€16.80

Change (1 day)

+1.20%

52-Week Range

€12.40 - €17.85

All Time High

€167.05