Welcome to our dedicated page for Piraeus Financial Holdings news (Ticker: BPIRY), a resource for investors and traders seeking the latest updates and insights on Piraeus Financial Holdings 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 Bank (BPIRF) announced that its wholly owned subsidiary Ethniki Insurance has priced an inaugural dual-tranche subordinated bond issuance totalling €200mn.
The deal comprises a €100mn Tier 2 bond with a 5.25% fixed coupon, 10.25-year maturity and first call after 5.25 years, and a €100mn Restricted Tier 1 perpetual bond with a 6.875% coupon, first callable after 5.5 years. Settlement is scheduled for 9 September 2026 and the notes will list on the Luxembourg Stock Exchange’s Euro MTF market.
Pro forma for this issuance and the redemption of an existing €125mn Tier 2 instrument, Ethniki Insurance’s Solvency II ratio stands at approximately 190%. The order book exceeded €600mn, more than 3.0x the issue size, with over 70% allocated to international investors.
Piraeus Bank (OTC:BPIRF, BPIRY) priced a new €500 million Senior Preferred Bond with a fixed annual coupon of 4.00%, a 6-year maturity and a non-call period of 5 years. Settlement is scheduled for 3 September 2026, with listing on the Luxembourg Stock Exchange’s Euro MTF market.
The issue attracted orders of more than €2.5 billion, over 5.0x the €500 million size, and was ultimately priced at a spread of 90bps over the corresponding mid-swap rate, tighter than initial guidance of +115–120bps. The bond is expected to be rated Baa2 by Moody’s Ratings and proceeds will be used for general corporate and financing purposes and to support MREL compliance.
More than 130 institutional investors participated, with 85% of the allocation going to international investors, mainly from France, the DACH region and Benelux. Piraeus states this is its tightest-ever Senior Preferred spread and the tightest Greek Senior Preferred for a similar tenor.
Piraeus Bank (ATHEX:TPEIR, OTCQX:BPIRF/BPIRY) reported Q2 and H1 2026 results marked by strong balance sheet and profitability metrics. Loans reached €39.0bn with €1.8bn net credit expansion in H1, while mortgages added €100mn and new mortgage production rose 65% yoy. Client deposits stood at €68.4bn (+9% yoy) and client AuM reached €16.3bn (+24% yoy) with €1.0bn net inflows.
H1 2026 delivered record profitability of €617mn, implying a 16% return on tangible book versus a ~15% 2026 target; Q2 net profit was €336mn (+22% yoy) and EPS €0.47, supporting a full‑year €0.90 EPS target. Q2 net interest income was €509mn (+6% qoq), backing an upgraded 2026 NII target of €2.0bn. Cost‑to‑income in H1 was 34%. The bank will pay a €494mn cash distribution from 2025 net profit on 7 Aug 2026. Asset quality remained solid with NPE ratio at 2.2%, NPE coverage 67%, CET1 ratio 12.8%, total capital ratio 18.6% and liquidity coverage ratio at 207%.
Piraeus Bank (OTC: BPIRF) received an “Excellent” Sustainable Fitch assessment for its updated June 2026 Green Bond Framework, fully aligned with ICMA Green Bond Principles 2025.
The Bank has four green bonds outstanding totaling €2.15 billion, with about €1.2 billion already allocated to eligible green assets, supporting Greece’s low‑carbon transition and a net zero target by 2050.
Piraeus (OTC:BPIRF) was named a European Climate Leader in the FT’s Europe’s Climate Leaders 2026 ranking for the sixth straight year, the only Greek company with this continuous recognition.
The bank ranked 5th overall among 600 companies and 1st in both the Financial Services sector and among Greek companies, supported by a 70.9% cut in Scope 1 and 2 emissions (2019–2024) and a 28.1% annualized reduction in carbon emissions intensity.
Piraeus Bank (OTCQX: BPIRF) reported Q1 2026 results with strong lending and client-asset growth. Loans reached €38.6bn (+€1.3bn net in Q1); client deposits were €64.9bn (+6% YoY); AuM rose 17% YoY to €14.7bn with €0.5bn net inflows.
Profitability was €281mn (15% normalized ROTBV) and EPS €0.21. CET1 was 12.6%; cash distribution of €494mn approved, payable 15 Jun 2026 pending regulatory consent.
Piraeus (ATHEX: TPEIR) and Accenture (NYSE: ACN) launched an AI Hub in Greece on April 20, 2026, powered by Anthropic, to scale enterprise-wide AI across operations, customer experience, risk and compliance.
The Hub centralizes AI design, development and talent upskilling (including Udacity), leverages Accenture’s Data & AI Center of Excellence in Athens, and builds on a cloud-first operating model to advance secure, responsible, and human-centric AI adoption across the bank.
Piraeus Bank S.A. (OTC:BPIRF) published an updated 2026 financial calendar and disclosed dates for a proposed €492 million capital return (€0.398 per share). The return is conditional on approval by the European Central Bank and the Annual General Meeting of Shareholders.
Key dates: Ordinary General Meeting on 21 April 2026; Q1 results on 30 April 2026; ex-date 9 June 2026, record date 10 June 2026, and payment date 15 June 2026. H1 and 9M results are scheduled for 29 July and 30 October 2026, respectively. The bank may amend dates with timely public notice.
Piraeus Bank (OTCQX: BPIRF) reported FY2025 results with €1.2bn normalized profit and €0.82 EPS after AT1 coupon, beating guidance of €0.80. The bank completed the Ethniki Insurance acquisition, delivered €2.7bn net revenues, and returned €592mn to shareholders (dividend €0.40 + €100mn buyback).
Highlights: 16% RoaTBV, +11% loan growth, NPE ratio 2.0% (coverage 73%), AuM €14.5bn (+27% YoY), deposits €66bn, and CET1 12.7% with 275bps buffer above P2G.
Piraeus Bank (OTCQX:BPIRF) will host its Capital Markets Day 2026 on 5 March 2026 in London, starting at 13:00 UK time, in a hybrid format with in-person attendance and a live webcast. Senior management, including CEO Christos Megalou and CFO Theo Gnardellis, will present the Strategic Plan 2026–2030 and hold a Q&A. In-person attendance requires prior registration via investor_relations@piraeusbank.gr. Presentation materials, webcast access, and replay details will be published on the company website in advance. Piraeus Group reported total assets €83 billion as of 30 September 2025 and operates 368 branches with ~7.4 thousand employees.