GREECE
Macro/Political:
- The turnover for the enterprises of the economy as a whole in 1Q26 amounted to EUR 111.27bn recording an increase of 2.6% (y-o-y).
Source: ELSTAT
Markets:
- Alpha Bank’s normalised profit after tax in 1Q26 stood at EUR 221mn compared to EUR 225mn in 4Q24(q-o-q), and EUR 234mn in 1Q24(y-o-y). The Bank’s NPE ratio remained stable at 3.7%. Total Capital ratio and CET1 ratio (fully loaded) stood at 19.7% and 14.7%.
Vassilios Psaltis, CEO of Alpha Bank, commented that the bank delivered a strong performance despite the current geopolitical uncertainty. Furthermore, he noted that even under more stressed scenarios, the Greek economy is expected to continue growing at a pace above the European average.
Finally, Psaltis stated that the recent acquisition of Alpha Trust marks a decisive step in the strategic scaling-up of the bank’s wealth and asset management platform. Together with FlexFin, AstroBank, AXIA and the combined Altius Universal, the bank now has a programme of six transactions progressing toward full integration, with the full earnings benefit expected to become visible from 2027.
Source: Athens Euronext
- Bally’s Intralot announced its preliminary results for 1Q26. Group revenue reached EUR 268.1mn in 1Q26 (+180.5% y-o-y). Furthermore, adjusted EBITDA in 1Q26 stood at EUR 100.2 mn, with margin reaching 37.4%.
Source: Athens Euronext
