Welcome to our dedicated page for Piraeus Financial Holdings S.A. news (Ticker: BPIRY), a resource for investors and traders seeking the latest updates and insights on Piraeus Financial Holdings S.A. stock.
Piraeus Financial Holdings S.A. (OTCQX: BPIRY) generates a steady stream of news through its banking operations, capital markets activity, strategic transactions and external recognitions. Its press releases cover developments at the holding company and its main subsidiary, Piraeus Bank S.A., giving investors detailed insight into how the group executes its strategy in the Greek financial sector and international funding markets.
News updates frequently include quarterly and half-year financial results, where Piraeus reports net profit, earnings per share, return over tangible book value, loan and deposit growth, assets under management, asset quality metrics and capital ratios. These releases highlight themes such as sustainable profitability, operating efficiency, balance sheet strength and progress on internal targets.
The company also issues announcements on capital markets transactions, including Additional Tier 1 instruments and Green Senior Preferred Bonds listed on the Luxembourg Stock Exchange’s Euro MTF market. These stories describe coupon terms, maturities, investor demand, order book size, MREL impact and allocation to ESG-focused accounts, offering a detailed view of how Piraeus manages its capital structure and funds eligible green assets.
Other notable news items involve strategic initiatives and ratings or awards. Examples include the acquisition of Ethniki Insurance to expand revenue diversification, a partnership with Qualco S.A. to build a Gen AI-powered digital mortgage platform, upgrades to investment grade by Fitch Ratings, and recognition as Greece’s Best Performing Bank in The Banker’s Top 1000 World Banks rankings. For followers of BPIRY, this news feed provides context on the group’s financial performance, risk profile, sustainability agenda and positioning within the Greek banking landscape.
Piraeus (OTC:BPIRF) received an ’A-’ score from CDP for climate change, the highest among Greek companies that participated in CDP's 2025 assessment. The rating reflects disclosure quality, risk awareness, environmental management and evidence of best practice based on CDP's questionnaire. Nearly 20,000 companies were scored in 2025 and 640 investors with $127 trillion
Piraeus Bank (OTC:BPIRF) published its 2026 financial calendar with scheduled dates for results, reports and investor events.
Key dates include: 26 Feb 2026 — FY2025 results and analysts briefing; 27 Feb 2026 — Annual Financial Report 2025 publication; 5 Mar 2026 — Capital Markets Day; 21 Apr 2026 — Ordinary General Meeting; 30 Apr 2026 — Q1 2026 results; 29 Jul 2026 — H1 2026 results; 30 Oct 2026 — 9M 2026 results. The FY2025 results will be announced before the Athens Stock Exchange opens with the analysts briefing later the same day. Dividend timetable and exact timing for other releases will be provided later; the bank may change dates with timely notice.
Piraeus Bank (OTC:BPIRF) completed the acquisition of 100% of Ethniki Holdings for €0.6bn cash on November 27, 2025.
The deal is expected to leave Piraeus Financial Holdings with a total capital ratio of circa 19% at end-2025 and a Pillar 2 Guidance buffer of ~300bps. Ethniki Insurance contributes €850mn GWP, €4.1bn assets, €0.4bn shareholders’ equity, ~1.8mn customers and a 14.6% market share (18.3% life, 11.3% non-life) in 2024; 2024 PBT was €14.8mn and 10-month 2025 PBT exceeded €30mn. Ethniki reported a Solvency II ratio of 188% in 2024. Management plans a medium-term ambition presentation in Q1 2026.
Piraeus Bank (OTC:BPIRF) priced a €500 million Green Senior Preferred Bond with a 3.375% coupon, 6-year maturity and issuer call after 5 years. Settlement is set for 2 December 2025 and listing on Luxembourg Euro MTF. The bond attracted over 120 institutional investors, peaked at >€2.0bn orders (>4.0x oversubscription) and priced at 98bps over mid-swap (guidance 125bps) with re-offer price 99.995%. Proceeds will finance/refinance eligible green assets under Piraeus’ Green Bond Framework and support the Bank’s MREL position. The bank holds an MSCI ESG AAA rating and has €2.15bn green bonds outstanding (≈€0.8bn allocated).
Piraeus (OTC:BPIRF) announced that MSCI upgraded its ESG Rating from AA to AAA on November 24, 2025, the highest MSCI sustainability score. This is the first time Piraeus reached AAA after progressing from BBB in late 2020 and positions the bank among global sustainability leaders and as the only Greek company at this level.
MSCI notes that 18% of the global rated universe hold an AAA score. The upgrade reflects improvements in sustainability reporting, alignment with the EU Corporate Sustainability Reporting Directive, and enhanced transparency on environmental, social, and governance practices—factors cited as increasingly relevant for institutional investors and capital allocation.
Piraeus Financial Holdings (OTCQX:BPIRF) reported strong 9M 2025 results with €854mn normalized net profit and a 15% return on tangible book value. Loans reached €36.8bn, +€3.1bn in 9M, prompting a revised 2025 loan target of >€37.3bn. Client AuM rose to €14.3bn (+30% YoY) and deposits were €63.9bn.
Operating metrics include 34% cost-to-core-income, Q3 net revenues of €648mn, net fee income of €489mn (25% of net revenue), tangible book value per share €6.09 (+7% YoY) and 9M EPS €0.62. Capital and liquidity: pro forma CET1 14.6%, total capital ratio 20.6%, LCR 217% and loans-to-deposits 67%.
Piraeus Financial Holdings (OTCQX:BPIRF) announced on 27 October 2025 that Fitch Ratings upgraded the company and its subsidiary Piraeus Bank to an investment grade rating of BBB- with a stable outlook. Fitch raised the bank's senior preferred debt one notch to BBB- from BB+ and moved the company's subordinated Tier 2 debt to BB from BB-. Fitch highlighted Piraeus' strong market position in Greece, sustainable long-term business model, solid earnings improvement, successful derisking and restructuring, and increased digitalization as key drivers of the upgrade.
Fitch also noted that the anticipated acquisition of Ethniki Insurance is expected to materially strengthen Piraeus' franchise and further diversify revenue. The upgrade gives Piraeus investment-grade status from three of the four major rating agencies.
Piraeus Financial Holdings (OTCQX: BPIRF) has reported strong financial results for H1 2025, demonstrating robust growth across key metrics. The bank achieved a 15% return over tangible book value and earnings per share of €0.43, maintaining a trajectory toward their full-year target of €0.80.
Notable achievements include loan book growth to €36bn (up 15% YoY), client assets under management reaching €13.2bn (up 27% YoY), and deposits of €63bn (up 5% YoY). The bank maintains strong asset quality with a 2.6% NPE ratio and 67.5% NPE coverage.
Piraeus plans to distribute €100mn through share buybacks in Q4 2025, subject to approvals, with an aspiration for total distribution exceeding €500mn from 2025 profits. The bank's capital position remains strong with a total capital ratio of 20.4%.
Piraeus Bank (OTCQX:BPIRY) has been named Greece's Best Performing Bank in The Banker's 2025 Top 1000 World Banks rankings, published by the Financial Times. The bank secured the top position in Greece for overall performance, operational efficiency, and risk-adjusted return.
The bank demonstrated strong financial performance in 2024, achieving €1.1 billion in net profit and a 15% return on tangible book value. Piraeus grew its performing loan book by an industry-leading 12% to €35 billion, while assets under management increased by over 20% to exceed €12 billion.
Piraeus Financial Holdings (OTCQX:BPIRY) has successfully priced a €400 million Additional Tier 1 (AT1) Perpetual Contingent Temporary Write-Down Notes offering. The notes carry a 6.750% coupon, paid semi-annually, and are callable from December 30, 2030. The offering, rated B1 by Moody's, was highly successful with over €3 billion in orders (7.5x oversubscribed) and attracted approximately 230 institutional investors.
The final yield of 6.75% came in 50bps below initial guidance, demonstrating strong investor confidence. The notes will strengthen the Group's total capital adequacy ratio to 20.6% (proforma Mar.25). International investors accounted for 90% of allocations, with major demand from UK & Ireland (37%), France (21%), and the DACH region (12%).