$EURBF

Alpha Finance - AXIA raised target prices for Greek banks, citing strong earnings potential and higher profitability estimates for 2026-2028. The sector index gained 38% in 2026, outperforming European peers. Eurobank and Bank of Cyprus are top picks with target prices of 5.70 euros and 12.30 euros, respectively. The firm expects RoTE above 16% through 2028 and warns of potential short-term consolidation.

Moody's confirmed Eurobank's Baa1 deposit and senior unsecured debt ratings, raising the outlook on deposits to positive. The bank's strong profitability, asset quality, and capital position support its credit profile, though Greece's Baa3 sovereign rating remains a constraint. Eurobank reported a 16.6% return on tangible equity in H1 2026, with €738M in net profit.

JP Morgan sees Greek banks entering a growth phase, forecasting 12% EPS CAGR for 2025-2028. It prefers Eurobank and Piraeus Bank, estimating 30% and 28% upside, respectively. Greek banks trade at a 10% discount to peers despite higher earnings growth. JP Morgan raised earnings estimates for 2026-2028, citing higher net interest income and fee revenues.

The Cyprus Stock Exchange approved Eurobank Equities as a market maker for Globalwealth Group. It also confirmed 20 million additional shares of S.N.P. Southeast Network Public Ltd will trade on September 15, 2026, correcting an earlier ISIN code error. The shares, issued at €0.01 each, will be listed on the Emerging Companies Market, increasing the total to 26.7 million.

Eurobank S.A. repurchased 1.06m shares (€5m) on Euronext Athens (Sept 7-11, 2026) at avg €4.7124/share, part of its authorised buyback program. Daily transactions detailed with volumes and price ranges.

Euroxx upgraded price targets for Greek banks, citing strong Q2 results and favorable interest rates. Eurobank's target rose to €6.30 (32% upside), National Bank of Greece to €22 (26%), Alpha Bank to €5.80 (23%), and Piraeus Bank to €13 (21%). Euroxx believes Greek banks should trade at a 15% premium to European peers.

Morgan Stanley predicts international expansion for Eurobank and upgrades for Alpha Bank, citing liquidity, acquisitions, and growth prospects. Greek banks are trading at a 10% discount despite strong metrics, with Eurobank, Alpha Bank, and Piraeus Bank preferred for their high beta. Alpha Bank (target: 5.5 euros) expects revenue growth from acquisitions, while Eurobank (target: 5.4 euros) aims for 26% DPS CAGR. Piraeus Bank (target: 12.3 euros) is seen as a domestic-focused lender with strong f

Eurobank S.A. repurchased 1,179,047 shares for €5.44 million between August 31 and September 4, 2026, at an average price of €4.6146 per share. The buyback was authorized by shareholders and approved by the board in 2026. The bank executed the repurchases through its brokerage member, Eurobank Equities.

Eurobank will add 6.56m new shares to Euronext Athens on September 4, following a €1.44m capital increase from exercised stock options. The shares, issued at €0.23 each, raise total share capital to €794.2m. The options were exercised by 231 management and staff members.

Eurobank will issue 6.55 million new shares following the exercise of stock options by 231 employees. The shares, priced at €0.23 each, will be traded on Euronext Athens. The bank's total share capital will increase to €794.19 million. The stock option plan aims to align employee interests with the bank's long-term performance.