National Bank of Greece (ADR) (NYSE:NBG) The Banking Service


Dallas, Texas 04/28/2014 (FINANCIALSTRENDS) – National Bank of Greece (ADR)(NYSE:NBG) known for the nation-wide services it provides has been invested in various verticals of banking services for several years now. Providing comprehensive services to retail as well as commercial service providers, the bank has been a role model for the industry in this country.

National Bank of Greece (ADR)(NYSE:NBG) has a price range of $4.03 low and $4.18 high and 52 week trading range of $2.85 low and $24.70 high.

Profit margins is the sign

National Bank of Greece (ADR)(NYSE:NBG) has a market capital of $9.66 billion, the profits to earnings ratio is 0.69. Our EPS is 5.88. Outstanding shares for the company are 2.40 billion. Beta is 2.28. The infra-day trading range is $4.03 and $4.18. The 52 week trading ranges are $2.85 low and 52 week high of $24.70.

National Bank of Greece (ADR)(NYSE:NBG)offers a range of services in the following segments- retail banking, along with a host of other services such as investment products as well as saving and asset management  services. The banking services is the custody services which also report private equity as well as the brokerage.

National Bank of Greece

The company has already announced International Banking Operations, with special Turkish Banking Operations being conducted for the services rendered. Currently, the Hellenic Financial Stability Fund has acquired 84.39% in the company. In the past year, the company sold over 66% as its subsidiary National Pangaea REIC to Invel Real Estate II BV.

The company has been assigned by analysts such as Bank of AmericaMerill Lynch who have assigned ‘underperform’ rating, along with ‘neutral’ rating, in its research note.  The other analysts who have included coverage of the stock include –JPMorgan Chase & Co, who has rated the stock as ‘underweight,’ besides linking another analyst rating it ‘neutral.’