Attica Bank SA
TATT
ISIN GRS001003052 / Valor 139193242
Attica Bank SA
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About company
Attica Bank SA, established in 1924, is a financial institution based in Greece that primarily focuses on business financing, particularly supporting small and medium-sized enterprises (SMEs), while also catering to individual customers. The bank offers a comprehensive suite of financial services, including deposit accounts, investment products, insurance offerings, mutual funds, and brokerage services. The Attica Bank Group comprises the parent company along with a subsidiary and an affiliated company, all operating within Greece. Through its diverse range of services, Attica Bank aims to address the financial needs of both businesses and individual clients, leveraging its long-standing presence in the Greek banking sector.
Summarized from source with an LLMView SourceSector: FinanceLatest Results (16.04.2026):
Attica Bank SA — Q4 2024 and FY2024: The bank reports a strong operating turnaround and rapid post‑merger expansion in FY2024, driven by higher net interest income, fee growth and substantial credit origination following the integration of Pancreta (PCB). Recurring pre‑provision income reached €43.9m for the group (€48.8m proforma) with Q4 2024 delivering a record quarterly recurring PPI (€16.6m reported; €18.8m proforma). The period also shows heavy one‑offs (HAPS transaction effects and merger/restructuring costs) that produced a reported PBT loss of €367.6m despite operational improvements.
Recurring profitability
Recurring PPI (group) rose to €43.9m in FY2024, up ~100% YoY; proforma FY24 recurring PPI is €48.8m and Q4 2024 proforma recurring PPI hit a record €18.8m.
Revenue growth composition
Net interest income was €106.7m (+44% YoY) and net fees were €19.0m (+112% YoY), producing total recurring operating income of €142.3m (≈+53% YoY); all three revenue lines (NII, fees, trading) contributed positively.
Credit growth and disbursements
New loan disbursements reached €2.3bn in 2024 with net credit expansion of €952m (≈€1bn target), driven by SMEs, corporates, structured finance and project/shipping finance.
Asset quality
NPE ratio fell to 2.8% after the aggressive clean‑up and securitisations; NPE coverage stands at 47.8% post‑HAPS.
Capital and liquidity
CET1 ratio is 11.9% (reported as clean of DTC); liquidity metrics are very strong — LCR at 301% and NSFR at 147% — with group deposits of €6.1bn and retail deposits ~69% of the mix.
One‑offs and reported results
Reported PBT was a loss of €367.6m in FY2024, reflecting large one‑off impacts (HAPS transaction, restructuring and merger‑related expenses) and significant provisioning (net provisions ~‑€398m in the consolidated P&L line items).
Merger / proforma context
The results reflect the legal merger completed 4 Sep 2024 (Pancreta contribution included from Sep 4); proforma figures are provided to show the New Bank performance and synergy-driven outlook.
Key business mix and market position
Attica Bank positions itself as the 5th largest bank in Greece after recapitalisation and integrations, with a stated focus on SME, corporate and structured lending and medium‑term ROaTBV targets above 20% by 2027.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
2611 M
Market cap (USD)
2,637,375
Daily traded volume (Shares)
0.672 / 0.666
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
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Est dividend (USD)
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EPS (USD)
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Ratings & reviews
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