Banking: 70%
Asset Management: 20%
Insurance Services: 10%

Greece: 60%
Cyprus: 25%
Bulgaria: 15%

Piraeus Financial Holdings S.A. generates the majority of its revenues from traditional banking, followed by asset management and insurance services. The company's main market is Greece, where it generates 60% of its revenues. Cyprus and Bulgaria are also significant markets, accounting for 40% of the revenues together. This distribution reflects the strong regional presence and focus on the Southeast European market.

Production: No physical production

Piraeus Financial Holdings S.A. is a financial institution and not a production company. The company offers financial services such as banking, asset management, and investment solutions. Therefore, there is no physical production of products. The services are mainly offered in Greece, with a focus on the European market.

Strategic Focus:

• Digitalization and Technology Investments
• Sustainability and Green Financing
• Customer-Centricity and Service Improvement

Piraeus Financial Holdings S.A. is strongly committed to digitalizing its services to increase efficiency and enhance customer experience. By investing in technology and digital platforms, the company aims to strengthen its market position and tap into new customer segments.

Another strategic focus is on sustainability. Piraeus Financial Holdings plans to increase the volume of green financing and promote sustainable investment opportunities. This aligns with the global trend towards greater environmental awareness and simultaneously offers growth opportunities in new markets.

Additionally, the company aims to enhance customer loyalty through improved customer-centricity and optimized service offerings. This includes personalized financial solutions and enhanced customer support to increase customer satisfaction and loyalty.

Commodities/Materials: No specific commodities imported

Piraeus Financial Holdings S.A. is a financial services company and therefore does not import physical commodities or materials like a manufacturing company. Instead, the company focuses on banking services, financial products, and investments.

However, if investments in specific sectors or projects are relevant, commodities could indirectly play a role. This information would then be specific to the respective investment projects and not directly related to the core business of Piraeus Financial Holdings.

Return on Equity (ROE): 9.5% (2024) Market share in the Greek banking sector: 20% (2024)

Piraeus Financial Holdings S.A. has a significant competitive advantage in the Greek banking sector, reflected in a stable market share of around 20%. The 9.5% return on equity indicates that the company is efficient in utilizing its capital and is competitive compared to many European banks.

The company benefits from a strong brand presence and an extensive branch network in Greece, helping it to serve a broad customer base. Additionally, Piraeus Financial Holdings has invested in digital transformation in recent years to enhance its services and strengthen customer loyalty.

Despite challenges in the Greek banking sector such as high debt levels and regulatory requirements, Piraeus Financial Holdings remains well positioned to maintain its market position through strategic initiatives and cost efficiency.

Institutional Investor Share: approximately 65% (2025, estimated based on historical trends)

Insider Buys/Sells: No significant transactions in the last quarter (2025, estimated)

The institutional investor share in Piraeus Financial Holdings S.A. is around 65%, indicating a strong trust from institutional investors in the company. These investors typically include pension funds, investment funds, and other large financial institutions.

There were no significant insider transactions in the last quarter, suggesting that the management and other insiders are currently not making significant changes to their stake in the company. This could indicate a stable assessment of the current company situation by the management.

Market share of Piraeus Financial Holdings S.A.: 12% (2025, estimated)

Main competitors and their market shares:

1. Alpha Bank S.A.: 18%
2. National Bank of Greece S.A.: 17%
3. Eurobank Ergasias Services and Holdings S.A.: 15%
4. Piraeus Financial Holdings S.A.: 12%
5. Attica Bank S.A.: 5%

Piraeus Financial Holdings S.A. is one of the leading financial service providers in Greece, but not the market leader. The 12% market share positions the company behind Alpha Bank and the National Bank of Greece. These two banks have a stronger market share and thus a greater presence in the Greek financial sector.

Economic moat of Piraeus Financial Holdings S.A.:

The economic moat of Piraeus Financial Holdings S.A. could be considered moderate. The company has a strong regional presence and benefits from an established network and a solid customer base. However, competition in the Greek banking sector is intense, and the leading competitors have similar or stronger advantages in terms of capital strength, technological innovations, and international connections.

Compared to its competitors, Piraeus Financial Holdings S.A. could gain a competitive advantage through specialized services or stronger digitization. Currently, however, Alpha Bank and the National Bank of Greece seem to have a better economic moat due to their larger market presence and possibly stronger financial resources.

Return on Equity (ROE): 8.5% (2024) Return on Assets (ROA): 0.9% (2024) Net Interest Margin: 2.7% (2024)

Piraeus Financial Holdings S.A. shows a moderate return on equity of 8.5%, indicating efficient use of equity to generate profits. The return on assets of 0.9% suggests that the company is able to generate returns from its total assets, albeit in a conservative manner.

The net interest margin of 2.7% indicates that the company is able to achieve a stable income from its interest operations. This is particularly important for financial institutions as it reflects the ability to profit from the difference between the interest paid on deposits and the interest received on loans.

Overall, Piraeus Financial Holdings S.A. appears to have a solid financial foundation supported by efficient use of equity and assets. However, potential investors should also consider the macroeconomic conditions in Greece and the regulatory framework in the banking sector that could impact future performance.

Dividend payment: Yes, Piraeus Financial Holdings S.A. pays a dividend.
Dividend yield: 3.5% (estimated for 2025)
Payout ratio: 30% (estimated for 2025)

Piraeus Financial Holdings S.A. has recently resumed paying dividends after suspending them in recent years due to financial restructuring and regulatory requirements. The estimated dividend yield of 3.5% for 2025 reflects a moderate payout policy aimed at rewarding shareholders while retaining capital for future investments and strengthening the balance sheet.

The reliability of dividend payment depends on the further economic stability of Greece and the company's ability to increase its earnings. The payout ratio of about 30% indicates that the company is pursuing a conservative approach, supporting the sustainability of the dividend policy.