Bank of Greece
Bank of Greece operates as the central bank of Greece. It participates in the formulation and implementation of monetary policy in the euro area as a member of the Eurosystem; provides liquidity and accepts deposits from domestic credit institutions; supervises credit and various financial institutions, insurance and reinsurance undertakings, and insurance distributors, as well as financial insti… Read more
Bank of Greece (TELL) - Net Assets
Latest net assets as of : €- EUR
Based on the latest financial reports, Bank of Greece (TELL) has net assets worth €- EUR as of .
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€-) and total liabilities (€-). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €- |
| % of Total Assets | 0% |
| Annual Growth Rate | 15.83% |
| 5-Year Change | 438.25% |
| 10-Year Change | 334.67% |
| Growth Volatility | 126.38 |
Bank of Greece - Net Assets Trend (2014–2024)
This chart illustrates how Bank of Greece's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Bank of Greece (2014–2024)
The table below shows the annual net assets of Bank of Greece from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €3.54 Billion | +0.00% |
| 2023-12-31 | €3.54 Billion | +2.47% |
| 2022-12-31 | €3.46 Billion | +1.25% |
| 2021-12-31 | €3.42 Billion | +418.80% |
| 2020-12-31 | €658.58 Million | +2.39% |
| 2019-12-31 | €643.18 Million | +8.33% |
| 2018-12-31 | €593.74 Million | +0.02% |
| 2017-12-31 | €593.64 Million | -27.21% |
| 2016-12-31 | €815.50 Million | 0.00% |
| 2015-12-31 | €815.50 Million | 0.00% |
| 2014-12-31 | €815.50 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Bank of Greece's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €3.54 Billion | 100.00% |
| Total Equity | €3.54 Billion | 100.00% |
Bank of Greece Competitors by Market Cap
The table below lists competitors of Bank of Greece ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
IMPALA PLAT HDGS
MU:IPHB
|
$139.00K |
|
SHOPRITE HLDG (SHP)
BE:HY7
|
$139.00K |
|
MIXI (MXN.SG)
STU:MXN
|
$139.07K |
|
BankInvest EM Korte Obl A
CO:BAIKOA
|
$139.11K |
|
Net Digital AG
XETRA:VRL
|
$138.83K |
|
Great Eastern Holdings Ltd (Singapore)
PINK:GEHDF
|
$138.82K |
|
RESIDENCES DAR SAADA
BC:RESIDENCES-DAR-SAADA
|
$138.79K |
|
MACY'S (FDO.SG)
STU:FDO
|
$138.79K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Bank of Greece's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,544,757,332 to 3,544,761,729, a change of 4,397 (0.0%).
- Net income of 82,929,645 contributed positively to equity growth.
- Other factors decreased equity by 82,925,248.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €82.93 Million | +2.34% |
| Other Changes | €-82.93 Million | -2.34% |
| Total Change | €- | 0.00% |
Book Value vs Market Value Analysis
This analysis compares Bank of Greece's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.08x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 0.50x to 0.08x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | €29.89 | €14.95 | x |
| 2019-12-31 | €32.38 | €14.95 | x |
| 2020-12-31 | €33.15 | €14.95 | x |
| 2021-12-31 | €172.00 | €14.95 | x |
| 2022-12-31 | €174.15 | €14.95 | x |
| 2023-12-31 | €178.44 | €14.95 | x |
| 2024-12-31 | €178.44 | €14.95 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Bank of Greece utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 2.34%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 21.26%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 61.87x
- Recent ROE (2.34%) is below the historical average (88.34%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 80.26% | 66.24% | 0.01x | 126.50x | €573.00 Million |
| 2015 | 142.59% | 78.10% | 0.01x | 200.51x | €1.08 Billion |
| 2016 | 133.95% | 76.72% | 0.01x | 174.60x | €1.01 Billion |
| 2017 | 158.65% | 70.65% | 0.01x | 211.31x | €882.44 Million |
| 2018 | 110.76% | 57.79% | 0.01x | 183.86x | €598.23 Million |
| 2019 | 130.96% | 81.84% | 0.01x | 169.71x | €778.00 Million |
| 2020 | 100.47% | 95.87% | 0.00x | 278.18x | €595.81 Million |
| 2021 | 95.72% | 329.37% | 0.00x | 69.55x | €2.93 Billion |
| 2022 | 13.20% | 51.88% | 0.00x | 68.93x | €110.84 Million |
| 2023 | 2.78% | 18.48% | 0.00x | 63.89x | €-255.77 Million |
| 2024 | 2.34% | 21.26% | 0.00x | 61.87x | €-271.55 Million |
Industry Comparison
This section compares Bank of Greece's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $4,879,403,333
- Average return on equity (ROE) among peers: -31.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Bank of Greece (TELL) | €- | 80.26% | N/A | $138.94K |
| Alpha Services and Holdings S.A. (ALPHA) | $8.15 Billion | 8.19% | 7.70x | $7.18 Billion |
| Attica Bank S.A. (TATT) | $680.21 Million | -50.99% | 4.39x | $347.11 Million |
| Piraeus Financial Holdings S.A (TPEIR) | $5.80 Billion | -51.92% | 12.75x | $5.54 Billion |