Piraeus Financial Holdings S.A. Overview
Pro stress-test →Piraeus Financial Holdings provides banking products and services in Greece and internationally, operating through Retail Banking, Corporate Banking, Piraeus Financial Markets, and other segments, offering deposits, mortgages, consumer loans, credit cards, and corporate lending. The company is a major Greek systemically important bank with strong profitability recovery.
Strategic Profile
Pro stress-test →In 2024, the company achieved €2.65 billion in revenue (up 15.09%) and €1.07 billion in earnings (up 35.28%). The bank recently strengthened its capital adequacy ratio to 20.6% through strategic initiatives including an €400 million AT1 capital raise. The company maintains a strong dividend policy with €0.72 per share paid in dividends over 12 months as of February 2026.
Competitive Landscape
Pro stress-test →Major competitors in the Greek banking sector include Eurobank, National Bank of Greece, Alpha Bank, and Optima Bank. Piraeus is positioned as Greece's third-largest lender by market value with differentiated strengths in corporate banking, maritime lending, and improving retail operations.
Industry Context
Piraeus Financial Holdings S.A. operates in Banking & Financial Services.
Key facts
Founded: 1916 · Headquarters: Athens, Greece · Employees: 7,760 · Revenue: €2.65B · Market cap: €10.36B