GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Eurobank Ergasias Services And Holdings SA (ATH:EUROB) » Definitions » Net Income

Eurobank Ergasias Services And Holdings (ATH:EUROB) Net Income : €1,140 Mil (TTM As of Dec. 2023)


View and export this data going back to 1926. Start your Free Trial

What is Eurobank Ergasias Services And Holdings Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Eurobank Ergasias Services And Holdings's Net Income for the three months ended in Dec. 2023 was €160 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was €1,140 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Eurobank Ergasias Services And Holdings's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was €0.04.


Eurobank Ergasias Services And Holdings Net Income Historical Data

The historical data trend for Eurobank Ergasias Services And Holdings's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Eurobank Ergasias Services And Holdings Net Income Chart

Eurobank Ergasias Services And Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 127.00 -1,215.00 328.00 1,347.00 1,140.00

Eurobank Ergasias Services And Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 241.00 237.00 447.00 296.00 160.00

Eurobank Ergasias Services And Holdings Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Eurobank Ergasias Services And Holdings's Net Income for the fiscal year that ended in Dec. 2023 is calculated as

Net Income(A: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=1542+-261+-153+12
=1,140

Eurobank Ergasias Services And Holdings's Net Income for the quarter that ended in Dec. 2023 is calculated as

Net Income(Q: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=360+-76+-125+1
=160

Net Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was €1,140 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Eurobank Ergasias Services And Holdings  (ATH:EUROB) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Eurobank Ergasias Services And Holdings's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Eurobank Ergasias Services And Holdings Net Income Related Terms

Thank you for viewing the detailed overview of Eurobank Ergasias Services And Holdings's Net Income provided by GuruFocus.com. Please click on the following links to see related term pages.


Eurobank Ergasias Services And Holdings (ATH:EUROB) Business Description

Traded in Other Exchanges
Address
8 Othonos Street, Athens, GRC, 105 57
Eurobank Ergasias Services And Holdings SA is a full-service banking group operating in Greece, but with some exposure to the rest of Europe. In addition to its extensive branch network offering retail and corporate banking services in its home country, the group engages in retail and business banking in Bulgaria, Romania, and Serbia, as well as wealth management services in Cyprus, Luxembourg, and London. Loans and advances to customers constitute a majority of the group's earning assets, mostly in retail mortgages, followed by commercial and small business loans. A majority of the bank's net revenue is net interest income, followed by net fees and commissions.

Eurobank Ergasias Services And Holdings (ATH:EUROB) Headlines

No Headlines