National Bank of Greece SA
National Bank of Greece S.A., together with its subsidiaries, provides financial products and services primarily in Greece, Cyprus, North Macedonia, Romania, Bulgaria, Luxembourg, the Netherlands, and the United Kingdom. It operates through Retail Banking, Corporate & Investment Banking, Trouble Assets Unit, Global Markets and Asset Management, International Banking Operations, and other segments… Read more
National Bank of Greece SA (NBGIF) - Net Assets
Latest net assets as of September 2025: $9.00 Billion USD
Based on the latest financial reports, National Bank of Greece SA (NBGIF) has net assets worth $9.00 Billion USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($76.73 Billion) and total liabilities ($67.72 Billion). 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 | $9.00 Billion |
| % of Total Assets | 11.73% |
| Annual Growth Rate | 10.33% |
| 5-Year Change | 66.21% |
| 10-Year Change | -13.97% |
| Growth Volatility | 82.6 |
National Bank of Greece SA - Net Assets Trend (1998–2024)
This chart illustrates how National Bank of Greece SA's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for National Bank of Greece SA (1998–2024)
The table below shows the annual net assets of National Bank of Greece SA from 1998 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $8.45 Billion | +10.45% |
| 2023-12-31 | $7.65 Billion | +18.18% |
| 2022-12-31 | $6.47 Billion | +12.18% |
| 2021-12-31 | $5.77 Billion | +13.51% |
| 2020-12-31 | $5.08 Billion | -3.64% |
| 2019-12-31 | $5.28 Billion | -6.40% |
| 2018-12-31 | $5.64 Billion | -23.59% |
| 2017-12-31 | $7.38 Billion | -2.74% |
| 2016-12-31 | $7.59 Billion | -22.77% |
| 2015-12-31 | $9.82 Billion | -6.13% |
| 2014-12-31 | $10.47 Billion | +300.08% |
| 2013-12-31 | $2.62 Billion | +145.17% |
| 2012-12-31 | $-5.79 Billion | -48.39% |
| 2011-12-31 | $-3.90 Billion | -144.66% |
| 2010-12-31 | $8.74 Billion | -6.68% |
| 2009-12-31 | $9.37 Billion | +34.05% |
| 2008-12-31 | $6.99 Billion | -9.18% |
| 2007-12-31 | $7.69 Billion | +19.71% |
| 2006-12-31 | $6.43 Billion | +160.99% |
| 2005-12-31 | $2.46 Billion | +40.14% |
| 2004-12-31 | $1.76 Billion | +7.60% |
| 2003-12-31 | $1.63 Billion | -0.63% |
| 2002-12-31 | $1.64 Billion | -5.24% |
| 2001-12-31 | $1.73 Billion | +7.23% |
| 2000-12-31 | $1.62 Billion | -13.85% |
| 1999-12-31 | $1.88 Billion | +185.93% |
| 1998-12-31 | $656.55 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to National Bank of Greece SA'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 grown by 410019638000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $3.89 Billion | 46.22% |
| Common Stock | $915.00 Million | 10.86% |
| Other Comprehensive Income | $94.00 Million | 1.12% |
| Other Components | $3.52 Billion | 41.80% |
| Total Equity | $8.42 Billion | 100.00% |
National Bank of Greece SA Competitors by Market Cap
The table below lists competitors of National Bank of Greece SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Kuang Chi Technologies Co Ltd
SHE:002625
|
$8.72 Billion |
|
Federal Home Loan Mortgage Corp Pref Floating
OTCQB:FMCCG
|
$8.73 Billion |
|
The Mosaic Company
NYSE:MOS
|
$8.74 Billion |
|
CubeSmart
NYSE:CUBE
|
$8.74 Billion |
|
Dongfang Electric Corp Ltd Class A
SHG:600875
|
$8.71 Billion |
|
Telenor ASA
PINK:TELNF
|
$8.70 Billion |
|
G2EV34
SA:G2EV34
|
$8.70 Billion |
|
Moog Inc
NYSE:MOG-A
|
$8.70 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in National Bank of Greece SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 7,626,000,000 to 8,423,000,000, a change of 797,000,000 (10.5%).
- Net income of 1,158,000,000 contributed positively to equity growth.
- Dividend payments of 332,000,000 reduced retained earnings.
- Share repurchases of 37,000,000 reduced equity.
- New share issuances of 14,000,000 increased equity.
- Other comprehensive income decreased equity by 354,000,000.
- Other factors increased equity by 348,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.16 Billion | +13.75% |
| Dividends Paid | $332.00 Million | -3.94% |
| Share Repurchases | $37.00 Million | -0.44% |
| Share Issuances | $14.00 Million | +0.17% |
| Other Comprehensive Income | $-354.00 Million | -4.2% |
| Other Changes | $348.00 Million | +4.13% |
| Total Change | $- | 10.45% |
Book Value vs Market Value Analysis
This analysis compares National Bank of Greece SA'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: 1.14x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 3.15x to 1.14x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1998-12-31 | $3.34 | $10.52 | x |
| 1999-12-31 | $5823.92 | $10.52 | x |
| 2000-12-31 | $4110.20 | $10.52 | x |
| 2001-12-31 | $5457.04 | $10.52 | x |
| 2002-12-31 | $4930.71 | $10.52 | x |
| 2003-12-31 | $5430.68 | $10.52 | x |
| 2004-12-31 | $6063.47 | $10.52 | x |
| 2005-12-31 | $8511.16 | $10.52 | x |
| 2006-12-31 | $16903.47 | $10.52 | x |
| 2007-12-31 | $18288.39 | $10.52 | x |
| 2008-12-31 | $14758.74 | $10.52 | x |
| 2009-12-31 | $21106.60 | $10.52 | x |
| 2010-12-31 | $15582.96 | $10.52 | x |
| 2011-12-31 | $-6240.09 | $10.52 | x |
| 2012-12-31 | $-9173.42 | $10.52 | x |
| 2013-12-31 | $278.72 | $10.52 | x |
| 2014-12-31 | $465.54 | $10.52 | x |
| 2015-12-31 | $231.54 | $10.52 | x |
| 2016-12-31 | $7.55 | $10.52 | x |
| 2017-12-31 | $7.32 | $10.52 | x |
| 2018-12-31 | $5.43 | $10.52 | x |
| 2019-12-31 | $5.75 | $10.52 | x |
| 2020-12-31 | $5.54 | $10.52 | x |
| 2021-12-31 | $6.29 | $10.52 | x |
| 2022-12-31 | $7.05 | $10.52 | x |
| 2023-12-31 | $8.34 | $10.52 | x |
| 2024-12-31 | $9.21 | $10.52 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently National Bank of Greece SA 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): 13.75%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 32.42%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 8.90x
- Recent ROE (13.75%) is above the historical average (7.88%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1998 | 66.82% | 7.19% | 0.13x | 72.54x | $308.15 Million |
| 1999 | 37.56% | 11.81% | 0.12x | 27.22x | $442.63 Million |
| 2000 | 27.34% | 7.68% | 0.10x | 36.35x | $213.37 Million |
| 2001 | 15.22% | 5.62% | 0.07x | 40.46x | $74.40 Million |
| 2002 | 10.26% | 3.75% | 0.06x | 44.66x | $3.54 Million |
| 2003 | 9.17% | 3.90% | 0.06x | 39.79x | $-11.53 Million |
| 2004 | 13.35% | 6.33% | 0.06x | 34.67x | $52.73 Million |
| 2005 | 23.39% | 14.53% | 0.06x | 25.28x | $317.85 Million |
| 2006 | 15.22% | 16.40% | 0.07x | 13.43x | $294.21 Million |
| 2007 | 19.06% | 17.36% | 0.08x | 13.15x | $626.89 Million |
| 2008 | 13.27% | 10.49% | 0.08x | 16.46x | $202.56 Million |
| 2009 | 4.59% | 5.17% | 0.07x | 13.28x | $-461.08 Million |
| 2010 | -4.48% | -5.22% | 0.06x | 14.99x | $-1.15 Billion |
| 2011 | 0.00% | 0.00% | -0.03x | 0.00x | $-14.14 Billion |
| 2012 | 0.00% | -42.02% | 0.06x | 0.00x | $-1.95 Billion |
| 2013 | 1.44% | 0.54% | 0.06x | 41.46x | $-220.70 Million |
| 2014 | 0.68% | 1.87% | 0.03x | 11.88x | $-903.40 Million |
| 2015 | -46.46% | -148.52% | 0.03x | 12.22x | $-5.14 Billion |
| 2016 | -41.80% | -138.00% | 0.03x | 11.37x | $-3.58 Billion |
| 2017 | -6.62% | -22.66% | 0.03x | 9.67x | $-1.11 Billion |
| 2018 | -1.69% | -5.09% | 0.03x | 13.12x | $-580.20 Million |
| 2019 | -4.85% | -12.65% | 0.03x | 12.22x | $-780.90 Million |
| 2020 | 0.65% | 1.18% | 0.04x | 15.30x | $-473.50 Million |
| 2021 | 15.08% | 39.97% | 0.03x | 14.60x | $292.00 Million |
| 2022 | 17.36% | 49.32% | 0.03x | 12.11x | $474.80 Million |
| 2023 | 14.50% | 33.52% | 0.04x | 9.78x | $343.40 Million |
| 2024 | 13.75% | 32.42% | 0.05x | 8.90x | $315.70 Million |
Industry Comparison
This section compares National Bank of Greece SA's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $16,924,188,763
- Average return on equity (ROE) among peers: 8.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| National Bank of Greece SA (NBGIF) | $9.00 Billion | 66.82% | 7.52x | $8.71 Billion |
| Ameris Bancorp (ABCB) | $293.77 Million | 7.18% | 9.19x | $4.91 Billion |
| ACNB Corporation (ACNB) | $49.44 Million | 14.38% | 8.56x | $474.47 Million |
| Addiko Bank AG (ADBKF) | $851.70 Million | 0.16% | 5.94x | $210.07 Million |
| Affinity Bancshares Inc (AFBI) | $117.10 Million | 6.09% | 5.76x | $79.30 Million |
| Absa Group Limited (AGRPF) | $85.20 Billion | 14.06% | 10.26x | $6.72 Billion |
| AIB Group plc (AIBGY) | $13.66 Billion | 4.74% | 8.36x | $21.72 Billion |
| Akbank Turk Anonim Sirketi (AKBTY) | $62.92 Billion | 9.95% | 6.60x | $8.60 Billion |
| Alpha Bank SA (ALBKY) | $5.78 Billion | 1.48% | 10.55x | $1.12 Billion |
| Community Capital Bancshares Inc (ALBY) | $18.00 Million | 9.85% | 14.66x | $19.76 Million |
| Alpine Banks of Colorado (ALPIB) | $342.89 Million | 16.92% | 10.27x | $248.47 Million |