Piraeus Financial Q2 2026: Sustainable profit growth, AI-driven transformation

Date: July 29, 2026 Time: 7:00 AM ET

Company Participants

• Christos Megalou – Managing Director, Chief Executive Officer & Executive Director
• Theodore Gnardellis – Executive General Manager & Group Chief Financial Officer

Conference Call Participants

• Andreas Souvleros – Eurobank Equities Investment Firm S.A., Research Division
• Gabor Kemeny – Bernstein Autonomous LLP
• Benjamin Caven-Roberts – Goldman Sachs Group, Inc., Research Division
• Noemi Peruch – Morgan Stanley, Research Division
• Mehmet Sevim – JPMorgan Chase & Co., Research Division
• Agapi Mavrogianni – Beta Securities S.A., Research Division
• Alexander Demetriou – Jefferies LLC, Research Division
• Simon Nellis – Citigroup Inc., Research Division
• Alberto Nigro – Mediobanca - Banca di credito finanziario S.p.A., Research Division

Presentation

Operator

Ladies and gentlemen, thank you for standing by. I am Maria, your Chorus Call operator. Welcome and thank you for joining the Piraeus Bank conference call and webcast to present and discuss Piraeus' first half 2026 financial results. [Operator Instructions] The conference is being recorded. [Operator Instructions]

I would now like to turn the conference over to Mr. Christos Megalou, Chief Executive Officer of Piraeus Bank. Mr. Megalou, you may begin.

Christos Megalou

Managing Director, Chief Executive Officer & Executive Director

Good afternoon, ladies and gentlemen, and good morning to our participants from the United States. I am Christos Megalou, Chief Executive Officer of Piraeus Bank. Joining me today are our Chief Financial Officer, Theo Gnardellis, and our Head of Investor Relations, Xenofon Damalas.

Thank you for joining us for our first half 2026 results conference. The message today is straightforward. Piraeus is delivering sustainable profitable growth. We are generating strong returns, expanding customer activity, building a more diversified financial services group, and investing in technology and AI-driven productivity, all while maintaining capital strength, balance sheet resilience, and a low-risk profile. These achievements are interconnected elements of a strategy that is transforming our earnings quality and strengthening the Group's long-term value creation potential.