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National Bank of Greece S.A (NBGIF) Fair Value & Analysis

Financial Services · US · Market cap $15.8B

NB National Bank of Greece S.A logo National Bank of Greece S.A NBGIF · US
Price$17.73
Fair Value$19.13
Upside+7.9%
Quality57/100
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Evidence: High Range $14.34 – $23.91 📤 Share as image

Fair value as of: Jun 26, 2026

From 24 valuation models · updated 26 days ago

Fair value updated Jun 26, 2026, revised from $19.05 to $19.13 (+0.4%) since Jun 24, 2026. Share price +0.5% over the past month.

Price vs Fair Value (12 months)

$18.08 $11.67 Fair Value $19.13 Jul 2025 Jul 2026

12‑month range $11.67 – $18.08 · fair‑value band $14.34 – $23.91 · the $17.73 price screens below the $19.13 fair value. As of Jun 26, 2026.

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Analysis

National Bank of Greece S.A (NBGIF) currently trades at $17.73, while our model-based Fair Value estimate is $19.13, implying the stock looks roughly 7.9% fairly valued today. We read business quality at 57/100 (solid quality), in the Financial Services sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high), always confirm before acting.

Over the trailing twelve months, National Bank of Greece S.A generated revenue of $2.7B at a net margin of 42.3%. Revenue grew 6.3% year over year. It earns a return on equity of 12.2%. The balance sheet holds a net cash position of $999M. Fundamentals as of Jun 26, 2026

Our scenario range runs from $14.34 (bear case) to $23.91 (bull case); at $17.73, the current price sits within that range. The share trades near its 52-week high and 63% above its 52-week low, currently above its 200-day average. For context, the median of 10 Financial Services peers we cover trades at 42% fair-value upside, at 8%, NBGIF screens richer than that median.

Key figures & financial health

Revenue (TTM) $2.7B
Revenue growth (YoY) +6.3%
Net margin 42.3%
Return on equity 12.2%
Free cash flow $941M FY2025
P/E ratio 12.2
More key figures
Operating margin 61.2%
EPS (TTM) $1.45
EPS growth (YoY) -8.5%
Net cash $999M FY2025

Figures from reported company fundamentals (EODHD) · as of Jun 26, 2026. TTM = trailing twelve months.

About the company

National Bank of Greece S.A., together with its subsidiaries, provides banking, financial products, and services primarily in Greece, Cyprus, North Macedonia, Romania, Bulgaria, Luxembourg, the Netherlands, and the United Kingdom, and internationally. It operates through Retail Banking, Corporate & Investment Banking, Trouble Assets Units, Global Markets and Asset Management, International Banking Operations, and other segments. The Retail Banking segment provides deposit, investment, bancassurance products, mortgage loans, consumer and small business lending, debit and credit cards, prepaid cards, and other traditional products and services for individual customers, professionals, and small-medium and small sized companies through its network of branches and digital businesses. Its Corporate & Investment Banking segment offers financial and investment advisory services, deposit accounts, loans, foreign exchange, and trade services for corporate customers; and lending services for …

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

National Bank of Greece S.A reported revenue of $3.2B in FY2025 versus $2.2B in FY2021, a compound +10.4%/yr. Reported net income was $1.2B in FY2025, compounding +7.5%/yr from FY2021.

Revenue +10.4%/yr
FY21 $2.2B
FY22 $2.3B
FY23 $3.3B
FY24 $3.6B
FY25 $3.2B
Net income +7.5%/yr
FY21 $867M
FY22 $1.1B
FY23 $1.1B
FY24 $1.2B
FY25 $1.2B

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Cite: Fair Value Calculator (2026). "National Bank of Greece S.A Fair Value". https://www.fairvalue-calculator.com/stock/NBGIF

Recent news

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Frequently asked questions

Is National Bank of Greece S.A (NBGIF) undervalued?
As of Jun 26, 2026, our model estimates a fair value of $19.13 versus a price of $17.73, about +8% (fairly valued). Model-based estimate, not financial advice.
What is the fair value of NBGIF?
Our model-based fair value for National Bank of Greece S.A is $19.13 (as of Jun 26, 2026), built from audited fundamentals. The current price is $17.73.
What is the quality score of NBGIF?
National Bank of Greece S.A has a Quality Score of 57/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of National Bank of Greece S.A (NBGIF)?
National Bank of Greece S.A reported trailing-twelve-month revenue of about $2.7B (latest available figure, as of Jun 26, 2026).
What is the net profit margin of NBGIF?
The net profit margin of National Bank of Greece S.A is about 42.3%, meaning it keeps roughly 42.3% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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