Financial Sector: 70%
Real Estate Financing: 15%
Asset Management: 10%
Other Services: 5%

TOP 3 Markets:
Greece: 60%
Cyprus: 20%
Romania: 10%

Alpha Bank S.A. generates the majority of its revenues from the financial sector, particularly through traditional banking services such as loans and deposits. Real estate financing and asset management also contribute significantly to the revenue.

Geographically, Greece is the most important market for Alpha Bank, which is not surprising given its country of origin and strong presence there. Cyprus and Romania follow as other significant markets where the bank has successfully established its services.

Production: No specific production (2025)

Alpha Bank S.A. is a financial services institution and does not produce physical products. As a bank, it offers services such as account management, lending, and asset management. Therefore, its "products" are of a financial nature and are provided in the form of services.

The bank operates mainly in Greece but also has branches in other countries to offer its services internationally.

Strategy for Future Growth: Digitization and Expansion in Southeast Europe (As of 2025)

Alpha Bank S.A. is increasingly focusing on digitizing its services to enhance customer experience and achieve efficiency gains. This includes investments in digital platforms and the introduction of new technologies to optimize banking operations.

Additionally, the bank is focusing on expanding into the Southeast European markets, where it sees growth opportunities through tapping into new customer segments and expanding its branch network. This strategy aims to strengthen the bank's market presence in the region and unlock new revenue streams.

The bank also plans to strengthen its capital structure to support future investments and ensure financial stability. This will be achieved through a combination of equity increases and optimizing the credit portfolio.

Main Imported Raw Materials/Resources: Financial services do not require physical raw materials.

Primary Countries of Origin: Not applicable.

As Alpha Bank S.A. is a financial institution, it does not import physical raw materials or resources. Instead, the bank focuses on financial services, including loans, deposits, and investment products. However, the bank may be indirectly involved in raw materials or resources through its investment strategies or financing by supporting companies operating in these sectors.

For detailed information on the investment strategies and the associated markets or countries in which the bank invests, a look at the current annual reports or investment portfolios of the bank would be necessary.

Market share in Greece: Approx. 20% (2025, estimate based on historical data)

Common Equity Tier 1 (CET1) ratio: 14.8% (2024)

Return on Equity (ROE): 7.5% (2024)

Alpha Bank S.A. has a significant competitive advantage due to its strong market presence in Greece, where it is among the leading banks. Its market share of around 20% allows it to benefit from economies of scale and serve a broad customer base.

The solid Common Equity Tier 1 (CET1) ratio of 14.8% indicates that the bank is well capitalized, providing it with stability and flexibility in uncertain economic times. This is a key advantage over smaller competitors that may be less well capitalized.

The Return on Equity (ROE) of 7.5% demonstrates that the bank is able to offer its shareholders a decent return, although there is room for improvement. Compared to international standards, the bank could further enhance its efficiency to strengthen its competitive position.

Institutional Investor Share: 65% (estimated for 2025)

Insider Buys/Sells: No significant insider transactions in the last year (2024)

The institutional investor share in Alpha Bank S.A. is estimated to be around 65%. This demonstrates a strong confidence from institutional investors in the long-term stability and growth potential of the bank.

In 2024, there were no significant insider transactions, indicating that the management and other insiders are either content with their current holdings or do not expect significant changes in the stock price. This can be interpreted as a sign of stability and confidence in the current corporate strategy.

Market share of Alpha Bank S.A.: Estimated 10% (2025)

Main competitors and their market shares:

1. National Bank of Greece S.A.: 15%
2. Piraeus Bank S.A.: 13%
3. Eurobank Ergasias S.A.: 12%
4. Alpha Bank S.A.: 10%
5. Attica Bank S.A.: 5%

Alpha Bank S.A. is one of the key players in the Greek banking sector, although not the largest. Alpha Bank's market share is around 10%, positioning it behind National Bank of Greece, Piraeus Bank, and Eurobank Ergasias.

The "moat" of Alpha Bank is moderate. It has a strong presence in the Greek market and benefits from an established customer base and a wide branch network. However, the differences with its competitors are not significant enough to claim a clear competitive advantage.

National Bank of Greece and Piraeus Bank may have a stronger moat due to a larger market presence and diversified services. Eurobank Ergasias could score points through innovative digital offerings.

Overall, Alpha Bank holds a solid position, but the competitive advantage is limited compared to the leading banks. There is room for strategic improvements to expand the moat, especially through digitization and customer service innovations.

Return on Equity (ROE): 7.5% (2024) Net Interest Margin: 2.4% (2024) Common Equity Tier 1 Ratio (CET1): 13.2% (2024)

In recent years, Alpha Bank S.A. has demonstrated solid financial stability, reflected in a Common Equity Tier 1 Ratio of 13.2%. This indicator suggests that the bank is well capitalized and has sufficient capital to absorb potential financial shocks.

The Return on Equity of 7.5% indicates that the bank is able to generate adequate returns from its equity. This is a positive sign for investors as it indicates efficient use of resources.

The Net Interest Margin of 2.4% is an indicator of the bank's ability to generate profits from its interest operations. A stable or increasing interest margin can signal effective management of interest rate differentials between deposits and loans.

Overall, Alpha Bank S.A. appears to have a stable financial foundation, making it a potentially good investment, especially for investors interested in long-term stability. However, investors should also consider other factors such as macroeconomic conditions and the general trends in the banking sector.

Dividend payment: No dividend (2025)

Alpha Bank S.A. has not paid any dividends in recent years. The bank has focused on improving its financial stability and strengthening its capital base, especially after the financial crisis and the economic challenges in Greece.

The reliability of dividend payments is currently not guaranteed as the bank reinvests its profits to strengthen its balance sheet and meet regulatory requirements. Investors should monitor the financial performance and strategic decisions of the bank to better assess future dividend payments.