Eurobank S.a. · ATHEX:EUROB
Eurobank — Eurobank Ergasias Services and Holdings — H1 2025 Earnings Presentation
72 slides from Eurobank's earnings presentation, Jul 31, 2025
Slide 1: 1H 2025 results
4 EUROBANK Holdings 1H 2025 results 31 July 2025
Slide 2: Disclaimer
Disclaimer By attending the meeting where this presentation is made, or by reading the presentation slides, you agree to be bound by the following limitations: This presentation has been prepared by Eurobank Ergasias Services and Holdings S.A. (“Eurobank Holdings”) and its 100% subsidiary Eurobank S
Slide 3: Table of contents
Table of contents 1H25 results highlights 4 Regional Presence 11 Balance sheet 18 Profitability 26 Asset Quality 34 Capital 38 Sustainability 41 Macroeconomic update 49 Appendix I – Supplementary information 60 Appendix II - Glossary 67 3
Slide 4: 1H25 results highlights
1H 2025 Results 1H25 results highlights
Slide 5: 1H25 results highlights: Profitability
1H25 results highlights: Profitability ❑ Adjusted Net Profit €711m in 1H25 P&L (€ m) 2Q25 1Q25 Δ(%) 1H25 1H24 Δ(%) Net interest income 632.5 637.9 (0.8) 1,270.4 1,132.0 12.2 ❑ 1H25 RoTBV1 at 16.6% Commission income 195.2 169.2 15.4 364.5 282.7 28.9 Other Income 6.6 20.0 (67.0) 26.6 45.6 (41.7) ❑ TBV
Slide 6: 1H25 results highlights: Balance Sheet
1H25 results highlights: Balance Sheet Capital ▪ 2Q25 CET1 at 15.5%1,8, including: Key Balance sheet ratios ▪ Organic capital generation (c.+65bps q-o-q) ▪ CNP Cyprus insurance acquisition (c.-20bps q-o-q) Group (%) 2Q25 1Q25 4Q24 3Q24 2Q24 ▪ 2Q25 Dividend accrual (c.-35bps q-o-q) Capital8 ▪ €500m A
Slide 7: Diversified income stream
Diversified income stream Contribution to Net Loans Deposits Wealth Mng Net Profit1 Contribution to Assets (€ bn) Group assets (€ bn) (€ bn) (€ bn) (€m) Group Net profit Greece 58.8 58% 34.4 43.0 12.4 337 47% Cyprus 28.1 27% 8.7 23.3 4.4 250 35% Bulgaria 12.4 12% 8.2 9.4 0.1 110 16% Lux 3% 2% 2.9 0.
Slide 8: Core Income
Core Income Δ NII (y-o-y, € m)1 Δ Fees (y-o-y, € m) +12.2% +28.9% 271 1,270 364 1,132 59 40 24 12 4 8 1 283 (130) (31) (13) (23) (3) 2 Δ Loans Δ ΗΒ 1H24 1H25 Δ MREL & Tier II Δ other Δ Deposits Δ Central banks Δ Bonds 1H24 Δ ΗΒ 1H25 Δ Lending Δ Rental & other Δ Wealth & Insurance Δ Capital Markets Δ
Slide 9: Profitability
Profitability Core PPI and Provisions (€ m) Core Operating Profit2 (€ m) +6.6% +6.3% 866 814 958 1,021 Core PPI 1H24 1H25 Profit before Tax3 (€ m) Loan Loss (144) (155) (0.6%) Provisions 1H24 1H25 921 916 CoR1 69 60 (bps) 1H24 1H25 1. On net loans. 2. Core Operating profit= Core PPI minus loan loss
Slide 10: Capital & TBV
Capital & TBV CET11 TBV per share (€) +7.6% 15.6% 15.7% 15.5%2 2.48 0.11 DPS4 2.31 2.38 2.25 2Q24 4Q24 2Q25 CAD1 19.8%2 18.7% 18.5% 2Q24 4Q24 2Q25 2Q24 4Q24 2Q25 1. Post Payout accrual. Including period profits, subject to AGM approval. Payout subject to regulatory & AGM approval. 2. Pro forma Solar
Slide 11: Regional Presence
1H 2025 Results Regional Presence
Slide 12: Hellenic Bank key P&L metrics
Hellenic Bank key P&L metrics1 1H25 Highlights2 Core PPI & Provisions (€ m) Net profit3 €164m Core PPI 103 101 103 ▪ NII at €271m 91 98 ▪ 1H25 NIM at 2.90% ▪ Commission income at €60m ▪ Cost – to – core income at 39.2% 2Q24 3Q24 4Q24 1Q25 2 2Q25 2 ▪ Core PPI at €201m Provisions 1 (12) 20 (5) (2) Net
Slide 13: Hellenic Bank key B/S metrics
Hellenic Bank key B/S metrics1 Gross loans (€ bn) Key metrics 6.1 6.0 5.8 5.9 6.0 2Q25 1Q25 4Q24 3Q24 2Q24 Other Assets (€ bn) 19.4 18.5 18.4 17.6 17.5 2.5 2.4 2.3 2.4 2.4 NFCs2 Net loans (€ bn) 5.8 5.8 5.7 5.9 6.0 3.5 3.4 3.4 3.4 3.4 Households Capital CET13 (%) 30.5 32.4 28.7 28.3 26.6 2Q24 3Q24 4
Slide 14: Eurobank Cyprus key P&L metrics
Eurobank Cyprus key P&L metrics 1H25 Highlights Core PPI & Provisions (€ m) Net profit1 €86m; down 17.0% y-o-y Core PPI 67 65 63 ▪ NII down 16.1% y-o-y at €117m 55 52 ▪ 1H25 NIM at 2.6% ▪ Commission income up 10.4% y-o-y at €22m ▪ Cost – to – core income at 23.5% 2Q24 3Q24 4Q24 1Q25 2Q25 ▪ Core PPI
Slide 15: Eurobank Cyprus key B/S metrics
Eurobank Cyprus key B/S metrics Gross loans (€ bn) Key metrics 2.8 2.9 2.9 2.9 2.8 0.2 0.3 0.3 0.3 0.3 Retail 2Q25 1Q25 4Q24 3Q24 2Q24 Assets (€ bn) 8.7 8.8 9.3 8.9 9.6 2.6 2.6 2.7 2.6 2.6 Business Net loans (€ bn) 2.8 2.8 2.9 2.8 2.7 Capital CET1 (%)1 45.6 41.3 37.4 38.4 36.0 2Q24 3Q24 4Q24 1Q25 2Q
Slide 16: Bulgaria key P&L metrics
Bulgaria key P&L metrics1 1H25 Highlights Core PPI and provisions (€ m) Net profit2 €110m, up 10.5% y-o-y Core PPI ▪ NII up 2.2% y-o-y at €200m 73 74 73 78 73 ▪ 1H25 NIM at 3.33% ▪ Commission income up 16.9% y-o-y at €47m ▪ Cost – to - core income at 38.8% ▪ Core PPI at €151m, up 7.4% y-o-y 2Q24 3Q2
Slide 17: Bulgaria key B/S metrics
Bulgaria key B/S metrics1 Gross loans (€ bn) Key metrics 8.2 8.4 7.4 7.8 2Q25 1Q25 4Q24 3Q24 2Q24 7.1 3.6 3.7 Business Assets (€ bn) 12.4 12.1 11.5 10.6 10.4 3.3 3.3 3.5 Net loans (€ bn) 8.2 8.0 7.6 7.2 6.9 2.2 2.4 2.5 2.7 Mortgages 2.1 Capital 1.8 1.9 1.9 2.0 2.1 Consumer CET1 (%)2 21.3 20.7 19.4 2
Slide 18: Balance sheet
1H 2025 Results Balance sheet
Slide 19: Balance sheet composition
Balance sheet composition Assets (€ bn) Liabilities and Equity (€ bn) 102.2 102.2 Net loans 52.3 Deposits 78.2 Investment Securities 23.2 Other3 4.1 Placements to banks 2.2 Wholesale funding 3.3 Senior notes 4.8 Cash & Central banks 14.9 Tier II 2.2 Investment property 1.5 Equity4 9.6 DTA1 3.7 PP&E,
Slide 20: Securities portfolio
Securities portfolio Breakdown per issuer Breakdown per classification FVTPL & Trading, 5% FVOCI, 17% CLOs (AAA), 8% FVTPL & € 23.2bn Trading, 5% Amortized Cost, 78% Covered Bonds; 10% Greek Sovereign, 25% € 23.2bn Amortized cost breakdown Financial Institutions, 12% Financial Insitutions, EU Corpor
Slide 21: Gross Loans
Gross Loans Breakdown by country (€ bn) Breakdown by type (€ bn) Organic1 growth +€1.0bn q-o-q; +€2.2bn in 1H25 (+11.1%2 y-o-y) 53.1 53.6 53.1 53.6 52.3 52.3 50.4 Lux 50.4 4.2 Senior Notes 4.4 4.3 8.8 8.8 Cyprus 4.4 8.8 43.5 8.7 43.5 2.8 4.3 7.8 8.2 8.4 Bulgaria 7.1 7.4 30.9 31.7 32.1 Business 29.2
Slide 22: Deposits
Deposits Breakdown by country (€ bn) Time / Total 37% 36% 36% 36% 34% Group Deposits up €1.0bn q-o-q; down €0.5bn in 1H251 (+7.7%2 y-o-y) 33% 32% 33% 32% Greece 31% 78.6 77.1 78.2 74.6 Lux 2Q24 3Q24 4Q24 1Q25 2Q25 23.6 23.2 23.3 Cyprus 58.6 22.5 7.5 8.8 9.0 9.4 Bulgaria Breakdown by customer 8.3 8.4
Slide 23: Liquidity
Liquidity Net loans / Deposits ratio Net ECB position (€ bn) 72.0% 67.0% 66.9% 65.8% 64.8% 17.4 16.1 14.9 14.2 Cash 10.7 2Q24 3Q24 4Q24 1Q25 2Q25 (3.1) (3.1) Funding 1H24 9M24 FY24 1Q25 1H25 Liquidity coverage ratio (LCR) HQLAs1 Cash , Level 2 Assets, 3% 1% 188.2% 190.5% 187.1% € 22.6 bn 181.7% 182.
Slide 24: MREL position
MREL position MREL (% RWAs) MREL buffer of 290bps 30.7% ▪ 2Q25 MREL ratio at 30.7% pro forma for the €0.5bn MREL eligible 27.8% senior bond issued in July 2025; 290bps above the final MREL target of Senior preferred 10.9 4.3 CBR1 27.8% applicable from 2Q25 liabilities2 ▪ AT1 of €500m issued in 2Q25
Slide 25: Wealth Management
Wealth Management Managed Funds (AuM, € bn) Private Banking (CAL1 per booking, € bn) +11% +26% 8.5 13.5 13.0 13.2 8.1 12.8 7.7 12.2 7.1 6.8 4.6 Greece 4.1 4.3 4.4 4.0 6.1 Own Mutual Funds 5.8 5.6 5.1 5.3 3.9 3.9 3.9 4.2 Cyprus 3.8 1.2 1.2 3rd party Funds 4.8 4.9 1.1 4.4 4.7 4.7 Luxembourg 1.0 1.1 0.
Slide 26: Profitability
1H 2025 Results Profitability
Slide 27: Loan spreads & rates
Loan spreads & rates Client rates (bps) Lending spreads (bps)1 Greece 2Q24 3Q24 4Q24 1Q25 2Q25 Greece 2Q24 3Q24 4Q24 1Q25 2Q25 Corporate 619 592 554 496 464 Corporate 212 207 200 197 190 Retail 614 597 556 522 498 Retail 305 306 299 302 313 Consumer 1,018 1,006 1,003 1,015 1,025 Consumer 690 690 722
Slide 28: Net Interest margin & deposit spreads
Net Interest margin & deposit spreads @ EUROBANK Holdings Net Interest margin (bps) 327 333 312 293 282 SEE 279 281 270 Gi ee —e—Group 261 246 —e— Greece 240 224 226 2Q24 3Q24 4Q24 1025 2Q25 Deposit betas (Greece, total) 9 9 25% 26% 24% 24% =. 25% 2Q24 3Q24 4Q24 1025 2Q25 Deposit spreads (Greece, bp
Slide 29: Net Interest Income
Net Interest Income NII breakdown (€ m)1 Δ NII (q-o-q, € m)1 1H25 NII up 12.2% y-o-y 1Q25 638 2Q24 3Q24 4Q24 1Q25 2Q25 Δ Loans (3) Loans 583 662 645 593 589 Bonds 159 201 202 207 200 Δ Bonds (7) Central banks 63 107 100 89 65 (0.8)% Money Market & (17) (16) (6) 1 12 Δ Central banks (23) Repos Senior
Slide 30: Commission Income
Commission Income Commission income breakdown (€ m) Commission income per region (€ m) 1H25 commission income up 28.9% y-o-y Fees/ assets (bps) 73 68 86 67 77 215 215 195 195 70bps / 168 75 169 36 Lending 62 assets 168 169 147 38 40 75 SEE 147 39 57 62 83 Transactions 33 76 & credit cards 66 71 82bp
Slide 31: Operating expenses
Operating expenses OpEx per region (€ m) OpEx breakdown (Greece, € m) OpEx up 34.3% y-o-y, up 6.0% l-f-l1 317 304 310 340 297 318 20 Depreciation 18 228 132 138 137 138 SEE 65 IT2 68 59 67 Administrative 160 165 180 168 172 Greece 64 2Q24 3Q24 4Q24 1Q25 2Q25 179 188 Staff Cost –to- core income (%) 2
Slide 32: Pre-provision income (PPI)
Pre-provision income (PPI) Core PPI and other income (€ m) Δ Core PPI (q-o-q, € m) (2) 26 (2) 20 7 Other income 568 575 480 503 518 600 26 261 247 518 149 503 235 240 SEE 500 (5) (5) 331 308 328 267 278 Greece 400 2Q24 3Q24 4Q24 1Q25 2Q25 300 200 PPI per region (€ m) 100 594 573 523 525 0 2Q25 Core
Slide 33: Core Operating Profit
Core Operating Profit Δ Core Operating Profit (y-o-y, € m) Core Operating Profit per region (€ m) +6.3% +7.9% Core Operating 814 866 Profit 82 138 483 485 1,021 Core PPI 958 (157 ) 439 426 Lux 407 151 182 64 151 Cyprus 148 61 62 60 59 66 Bulgaria Loan Loss 270 259 213 Greece 235 Δ Fees Δ OPEX Δ NII
Slide 34: Asset Quality
1H 2025 Results Asset Quality
Slide 35: Asset quality metrics
Asset quality metrics NPE formation1 (€ m) NPE ratio (%) Δ NPE stock 37 1244 68 4 (37) (q-o-q, €m) 3.1% 2.9% 2.9% 2.9% 66 2.8% 50 47 48 SEE 12 Greece 2Q24 3Q24 3 4Q243 1Q25 3 2Q253 2Q24 3Q24 4Q24 1Q25 2Q25 Loan loss provision (€ m) NPE coverage (%) 69 70 72 59 61 Cost of Risk2 120 (bps) 85 91 93.2%
Slide 36: NPE metrics (Group)
NPE metrics (Group) 90dpd bridge to NPE (€ bn) NPE per region Provisions & NPE Total NPE NPE ratio collaterals / 0.2 1.5 coverage 0.4 NPE (€ m) (%) (%) (%) 0.9 Consumer 89 5.1 125.3 125 (1.4) Mortgages 324 4.4 138.3 231 0.1 Small Business 263 9.5 72.5 145 Corporate 448 1.9 69.4 145 2 90dpd NPF 0- UT
Slide 37: Loans' stage analysis (Group)
Loans’ stage analysis (Group) Loans’ stage breakdown Provisions stock over NPE (€ bn) 2Q24 3Q24 4Q24 1Q25 2Q25 93.2% 92.8% Stage 1 37.3 43.7 45.5 46.3 46.8 89.9% 88.4% 89.1% Stage 2 4.8 4.9 4.9 4.9 5.0 Stage 3 (NPE) 1.3 1.5 1.5 1.5 1.5 2 Total 43.4 50.2 52.1 52.9 53.41 2Q24 3Q24 4Q24 1Q25 2Q25 Stage
Slide 38: Capital
1H 2025 Results & EUROBANK Holdings Capital
Slide 39: Capital ratios (CET1, q-o-q)
Capital ratios (CET1, q-o-q) 67bps 15.5%2 2bps 15.5%5 (34bps) (9bps) (2bps) (20bps) 11.6% 1Q25 1 2Q25 2Q25 Asset Growth DTC 4 Other CNP 2Q25 1 2025 OCR Net Profit Payout Accrual 3 RWAs 50,705 51,110 (€ m) Capital 7,846 7,927 (€ m) 1. Including period profits, subject to AGM approval. 2. Pro forma So
Slide 40: Capital ratios (CAD, q-o-q)
Capital ratios (CAD, q-o-q) 98bps 19.8%5 67bps 2bps 18.9%2 (9bps) (2bps) (25bps) (34bps) (9bps) Tier II 3.3% Tier II 3.4% AT1 1.0% CET1 15.5% CET1 15.5% 15.3% 1 1Q25 1 2Q25 2Q25 Asset DTC 4 AT1 Tier II Other CNP 2Q25 2025 CAD Net Profit Payout 3 Growth OCR accrual RWAs 50,705 51,110 (€ m) Capital 9,
Slide 41: Sustainability
1H 2025 Results Sustainability https://www.eurobankholdings.gr/en/esg-environment-society-governance
Slide 42: The Annual Report Business & Sustainability
The Annual Report Business & Sustainability Eurobank’s Annual Report 2024 Business & Sustainability, issued in July 2025, demonstrates significant progress in Eurobank's commitment to transparency and accountability. Eurobank has expanded its business overview of subsidiaries, while a dedicated sect
Slide 43: Operational Impact Strategy Highlights – Environment (1/3)
Operational Impact Strategy Highlights – Environment (1/3) • 15,879 MWh total electricity consumption • 97.9% of total electricity consumed was sourced from Renewable Energy Sources (Certified Guarantees of Origin plus own production) • 599 MWh consumed from own-produced electricity Environment • 15
Slide 44: Operational Impact Strategy Highlights – Social (2/3)
Operational Impact Strategy Highlights – Social (2/3) Financial Inclusion – AFI • Founded in 2014 as a civil non-profit company and since 2023 as microfinance company, AFI promotes financial inclusion and entrepreneurship in Greece through microfinance services – Since November 2024, Eurobank holds
Slide 45: Operational Impact Strategy Highlights – Governance & Business (3/3)
Operational Impact Strategy Highlights – Governance & Business (3/3) Internal Sustainability Engagement • During the first half of the year, Eurobank’s employee volunteer team, TeamUp, carried out impactful environmental actions across Greece. From Parnitha and Vravrona to the Pineios Delta and Reth
Slide 46: Financed Impact Strategy – Progress & Key Figures
Financed Impact Strategy – Progress & Key Figures1 Accelerated sustainable financing in line with Updated its Sustainable Finance Framework our ambitious strategy (SFF) in line with best practices More than €2.2bn in new green disbursements to ➢ Inclusion of the Group’s Net Zero commitment and the c
Slide 47: Financed Impact Strategy – Portfolio Decarbonisation
1st option Financed Impact Strategy – Portfolio Decarbonisation The Group has published the 1st wave of its sectoral targets on four priority sectors, which represent a substantial portion of its financed emissions. Setting and achieving these targets reflects the Group’s strategic vision and proact
Slide 48: Sustainability Ratings & Distinctions
Sustainability Ratings & Distinctions Sustainability Ratings • FTSE4Good Index Series Status – Following the FTSE4Good Index Series June 2025 review, Eurobank is a constituent of the FTSE4Good Index Series. • FTSE Russell ESG Score – The overall ESG score increased significantly to 4.2 out of 5 (fro
Slide 49: Macroeconomic update
1H 2025 Results Macroeconomic update
Slide 50: Macro outlook (Greece)
Macro outlook (Greece) 2024A 2025E 2026E 2027E Source GDP growth 2.3% 2.3% 2.0% 2.1% Inflation (avg) 3.0% 2.5% 2.1% 2.4% BoG, Jun 2025 Unemployment (avg) 10.1% 9.4% 8.8% 8.2% General Government primary surplus 4.8% 3.8% 4.4% n.a. EC, spring Gross Public Debt / GDP 153.6% 146.6% 140.6% n.a. forecasts
Slide 51: Bulgaria
Real GDP growth continues to overperform the Euro Area Cyprus Greece Bulgaria Sources: ELSTAT, Eurostat, Eurobank Research 51
Slide 52: Labour Market (Greece)
Labour Market (Greece) The unemployment rate continues to decline amid labor shortages, Employment remains on an upward trajectory reducing the gap with the Euro Area (7.9% vs 6.3% in May-25) contributing positively to households’ disposable incomes Long term unemployment decreases, still above the
Slide 53: Selected indicators of economic activity (Greece)
Selected indicators of economic activity (Greece) ESI remains well above its long-term average Operating conditions in manufacturing improve; and higher relative to the EA higher relative to the EA Source: ELSTAT, IOBE, S&P Global, Eurobank Research 53
Slide 54: Real estate: apartment prices & residential investment (Greece)
Real estate: apartment prices & residential investment (Greece) • Real estate: apartment prices in nominal terms have almost returned to their pre-debt crisis level, still 17.7% lower in real terms; residential investment is rising but still at 2.3% of GDP vs. 5.8% in the Euro Area Source: BoG, ELST
Slide 55: Real estate market dynamics (Greece)
Real estate market dynamics (Greece) Average House Price over gross disposable income per capita 55 Source: Eurostat, ELSTAT, Bank of Greece, The Joint Research Centre, Eurobank Research
Slide 56: Fiscal and current account balances (Greece)
Fiscal and current account balances (Greece) ▪ GG primary surplus of 2.0% and 4.8% of GDP in 2023 and 2024; expected at 3.8% and 4.4% of GDP in 2025 and 2026 (EC, Spring Forecasts 2025) ▪ Current account deficit at -6.4% of GDP in 2024, from -6.2% of GDP in 2023 and -10.2% in 2022; forecasted at -6.
Slide 57: Sovereign debt profile (Greece)
Sovereign debt profile (Greece) General Government gross public debt (% of GDP, ESA terms) ▪ Greece's Gross Public Debt is expected to decrease to 146.6% in 2025 and 140.6% in 2026 (EC, Spring Forecasts 2025), down from 163.9% in 2023 and a peak of 209.4% in 2020 ▪ The debt figures include EFSF loan
Slide 58: Cyprus
Cyprus ▪ GDP growth remained broadly stable in Q1 2025 at 3.0% YoY vs 2.9% in Q4 2024, still the quarterly pace accelerated to 1.3% from 0.2%, a 12- quarter high. The European Commission (May 2025) foresees a 3.0% growth in 2025 and a deceleration to 2.5% in 2026 ▪ Unemployment at 5.0% in Q1 2025, a
Slide 59: Bulgaria
Bulgaria ▪ The ECOFIN unanimously approved on July 8, 2025, the three legislative bills confirming the country’s eurozone entry as of January 1, 2026 ▪ Resilient economic growth continued in Q1 2025, with GDP expanding by 3.1% YoY, slightly below the 10-quarter high of 3.4% YoY in Q4 2024 ▪ Challeng
Slide 60: Appendix I – Supplementary information
1H 2025 Results Appendix I – Supplementary information
Slide 61: Credit ratings
Credit ratings Greek Sovereign Cyprus Sovereign Bulgaria Sovereign Eurobank Eurobank Credit Rating Credit Rating Credit Rating Long Term Outlook Baa3 A3 Baa1 Baa1 Stable BBB A- BBB+ BBB- Stable BBB- A- BBB+ BBB- Stable BBB A low BBB high BBB Positive Note: Moody’s: Long term senior unsecured debt ra
Slide 62: Summary performance
Summary performance Balance sheet – key figures Income statement – key figures €m 2Q25 1Q25 €m 2Q25 1Q25 Gross customer loans 53,611 53,049 Net interest income 632.5 637.9 Provisions (1,358) (1,331) Commission income 195.2 169.2 Loans FVTPL 23 18 Operating income 834.4 827.1 Net customer loans 52,26
Slide 63: Consolidated quarterly financials – Income statement
Consolidated quarterly financials – Income statement (€ m) 2Q25 1Q25 4Q24 3Q24 2Q24 Net Interest Income 632.5 637.9 677.3 697.7 560.9 Commission income 195.2 169.2 215.3 167.8 147.1 Other Income 6.6 20.0 (2.3) 26.0 (2.1) Operating Income 834.4 827.1 890.3 891.4 705.9 Operating Expenses (309.7) (304.
Slide 64: Consolidated quarterly financials – Balance sheet
Consolidated quarterly financials – Balance sheet (€ m) 2Q25 1Q25 4Q24 3Q24 2Q24 Consumer Loans 4,687 4,591 4,535 4,482 3,615 Mortgages 12,750 12,515 12,474 12,325 9,791 Household Loans 17,438 17,106 17,008 16,807 13,406 Small Business Loans 3,605 3,557 3,586 3,537 3,353 Corporate Loans 28,463 28,19
Slide 65: Consolidated financials
Consolidated financials Income Statement (€ m) 1H25 1H24 Δ y-o-y (%) Net Interest Income 1,270.4 1,132.0 12.2 Commission income 364.5 282.7 28.9 Other Income 26.6 45.6 (41.7) Operating Income 1,661.5 1,460.3 13.8 Operating Expenses (614.1) (457.2) 34.3 Pre-Provision Income 1,047.4 1,003.1 4.4 Loan L
Slide 66: SEE operations key figures – 2Q25
SEE operations key figures – 2Q25 Bulgaria HB ERB Cyp Lux Sum Assets 12,439 19,377 8,687 2,851 43,354 Gross loans 8,448 5,902 2,896 860 18,106 Balance Sheet Net loans 8,244 5,842 2,835 860 17,781 (€m) NPE loans 197 101 68 0 366 Deposits 9,391 16,066 7,190 2,543 35,190 CAD1 22.3% 33.9% 45.6% 22.5%4 C
Slide 67: Appendix II – Glossary
1H 2025 Results Appendix II – Glossary
Slide 68: Glossary – Definition of Alternative Performance Measures (APMs)
Glossary – Definition of Alternative Performance Measures (APMs) & other selected financial measures / ratios This document contains financial data and measures as published or derived from the published consolidated financial statements which have been prepared in accordance with International Fina
Slide 69: Glossary – Definition of Alternative Performance Measures (APMs)
Glossary – Definition of Alternative Performance Measures (APMs) & other selected financial measures / ratios Adjusted net profit: Net profit/loss attributable to shareholders excluding restructuring costs, goodwill impairment / gain on acquisition, gains/losses related to the transformation plan an
Slide 70: Glossary – Definition of Alternative Performance Measures (APMs)
Glossary – Definition of Alternative Performance Measures (APMs) & other selected financial measures / ratios Fees & commissions over assets ratio: The total of net banking fee and commission income & income from non banking services of the reported period, annualized and divided by the average bala
Slide 71: Glossary – Definition of Alternative Performance Measures (APMs)
Glossary – Definition of Alternative Performance Measures (APMs) & other selected financial measures / ratios NPE Coverage ratio: Impairment allowance for loans and advances to customers and ECL allowance for credit related commitments (off balance sheet items), divided by NPEs at the end of the rep
Slide 72: Investor Relations contacts
Investor Relations contacts Dimitris Nikolos +30 214 4058 834 dnikolos@eurobankholdings.gr Yannis Chalaris +30 214 4058 832 ychalaris@eurobankholdings.gr Christos Stylios, CFA +30 214 4058 833 cstylios@eurobankholdings.gr Investor Relations Division +30 214 4058 834 investor_relations@eurobankholdin
Eurobank Ergasias Services and Holdings — H1 2025 Earnings Presentation on 6ix