Piraeus BankATH:TPEIR -1.02%48 Net Margin % is 42.64% as of Mar. 2026, which is 524% above its 10-year median of 6.83. GuruFocus rates ATH:TPEIR with a GF Score™ of 48/100 and a GF Value™ of €4.00 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,526 Banks companies, Piraeus Bank ranks better than 90.04% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Piraeus Bank's Net Income for the
three
months ended in Mar. 2026 was €281 Mil. Piraeus Bank's Revenue for the
three
months ended in Mar. 2026 was €659 Mil. Therefore, Piraeus Bank's net margin for the quarter that ended in Mar. 2026 was 42.64%.
The historical rank and industry rank for Piraeus Bank's Net Margin % or its related term are showing as below:
ATH:TPEIR'
s Net Margin % Range Over the Past 10 Years
Min: -130.43 Med: 6.83 Max: 44.43
Current: 44.43
ATH:TPEIR's Net Margin % is ranked better than 90.04% of 1526
companies
in the Banks industry
Industry Median: 26.97
vs ATH:TPEIR: 44.43
Piraeus Bank (ATH:TPEIR) Net Margin % Explanation
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.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Piraeus Bank Net Margin % Related Terms
Piraeus Bank Net Margin % Historical Data
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The historical data trend for Piraeus Bank's Net Margin % 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.
For the Banks - Regional subindustry, Piraeus Bank's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Piraeus Bank Net Margin % vs Banks Industry
For the Banks industry and Financial Services sector, Piraeus Bank's Net Margin % distribution charts can be found below:
* The bar in red indicates where Piraeus Bank's Net Margin % falls into.
* 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.
Piraeus Bank (ATH:TPEIR) has a Net Margin % of 42.64% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Piraeus Bank and its competitors. This is 524% above median its historical median of 6.83. According to the industry distribution chart, Piraeus Bank ranks #152 out of 1526 companies in the Banks industry, placing it in the top 10%.
Is Piraeus Bank's Net Margin % too high?
Piraeus Bank's current Net Margin % of 42.64% is 524% above median its 10-year median of 6.83. The Banks industry median Net Margin % is 26.97. Piraeus Bank's value of 42.64% is 58.1% above this industry median. Based on the distribution chart, Piraeus Bank ranks #152 out of 1526 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, Piraeus Bank has a GF Score™ of 48/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Piraeus Bank's Net Margin % compare to PNC and USB?
According to the Banks industry distribution chart, Piraeus Bank ranks #152 out of 1526 companies for Net Margin %. This places Piraeus Bank in the top 10% of its industry — outperforming the majority of peers. The industry median Net Margin % is 26.97. Piraeus Bank's value of 42.64% is 58.1% above this benchmark. While the company's 10-year median is 6.83 vs. the industry median of 26.97, Piraeus Bank has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Banks company?
The median Net Margin % among Banks companies is 26.97, based on 1,526 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Piraeus Bank's current Net Margin % of 42.64% is 58.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Piraeus Bank and its competitors. For the Banks industry, the median Net Margin % is 26.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Piraeus Bank's current Net Margin % is 42.64%, which is 524% above median its own 10-year median of 6.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Piraeus Bank stock overvalued right now?
Based on GuruFocus' analysis, Piraeus Bank (ATH:TPEIR) is currently considered Significantly Overvalued. The stock's GF Value™ is €4.00, compared to a current price of €9.12 — trading 128% above its estimated fair value. The current Net Margin % is 42.64%, which is 524% above median its 10-year median of 6.83 and 58.1% above the Banks industry median of 26.97. Piraeus Bank's overall GF Score™ is 48/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Piraeus Bank (ATH:TPEIR), the current Net Margin % is 42.64% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Piraeus Bank (ATH:TPEIR) Overvalued in 2026?
Based on GuruFocus' analysis, Piraeus Bank stock appears to be overvalued.
The current stock price of €9.12 is trading 128% above its estimated GF Value™ of €4.00.
GuruFocus considers Piraeus Bank to be Significantly Overvalued.
Key valuation signals for ATH:TPEIR:
Net Margin %: 42.64% (524% above median its 10-year median of 6.83)
GF Value™: €4.00 vs. price of €9.12 (128% above fair value)
Industry Position: 58.1% above the Banks median (#152 of 1526)
No single metric tells the full story. See the ATH:TPEIR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Piraeus Bank SA operates as a universal bank in Greece, offering a range of financial services across retail, corporate, and investment banking. The activities of the Group are organized into the following business segments: Retail Banking, Corporate Banking, Non-Performing Exposures (NPE) Management, Piraeus Financial Market (PFM), Insurance and others including Asset management. It provides deposits, loans, credit/debit cards, mortgages, investments, and insurance products.
48GF Score
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