National Bank of Greece S.A.

Factors to consider:

• Earnings expected soon, date: 2026-05-08 amc
• Company pays dividends (irregularly): last record date 2025-11-11, amount 0.26$ (Y1.59%)
• Current price 68.9% above estimated high
• Earnings for 12 months up through Q4 are close to our estimates

Stock Forecast*

* forecast is subjective and experimental, should not be used for any investment decisions

Long term estimates were made for the period from 2024-12-31 to 2026-12-31

• 2024-12-31 to 2025-12-31 estimated range: [7.02$, 9.24$]
• 2025-12-31 to 2026-12-31 estimated range: [7.33$, 9.69$]

Financial Metrics affecting the NBGIF estimates:

• Positive: with PPE of 5.9 at the end of fiscal year the price was low
• Negative: Operating cash flow per share per price, % of -35.64 <= 0.07
• Positive: Operating profit margin, % of 42.47 > 18.52
• Negative: Shareholder equity ratio, % of 11.24 <= 19.49
• Positive: Industry operating profit margin (median), % of 20.89 > 9.67
• Positive: Industry earnings per price (median), % of 6.46 > 4.54
• Positive: Industry operating cash flow per share per price (median), % of 10.66 > 10.31