Eurobank repurchased 2.12 million shares: JPMorgan raised target for Eurobank stock

Published on 10/14/2026 at 03:55 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Adjusted net profit reached EUR 776.00 million in the first half of 2026, up 9.20 percent. Eurobank stock receives a EUR 6.10 JPMorgan target.

Eurobank events and earnings

Eurobank repurchased 2,120,001 shares during the October 5 to October 9, 2026 buyback period.
Adjusted net profit reached EUR 776.00 million in the first half of 2026, up 9.20 percent year over year.
Eurobank will announce third-quarter 2026 results on October 29, 2026.
JPMorgan raised its Eurobank target from EUR 4.40 to EUR 6.10 on September 17, 2026.

Eurobank, GRS323003012, Illustration mit AI erstellt.

Eurobank (ISIN GRS323003012) repurchased 2,120,001 shares between October 5 and October 9, 2026, while JPMorgan raised its target from EUR 4.40 to EUR 6.10. The buyback announcement was dated October 12, 2026, and the target action was reported for September 17, 2026.

Three dated developments

On July 30, 2026, Yahoo Finance reported that adjusted net profit for the first half of 2026 reached EUR 776.00 million and return on tangible book value was 16.60 percent. On September 17, 2026, Ground News reported that JPMorgan raised its Eurobank target from EUR 4.40 to EUR 6.10. On October 12, 2026, Eurobank disclosed the latest repurchase tranche.

What does the buyback change?

The bank spent EUR 9,606,163.33 on the October tranche at an average purchase price of EUR 4.5312 per share, according to the company announcement. Following those purchases, Eurobank held 31,656,175 own shares, giving the program a measurable scale beyond the individual daily transactions.

Results date is October 29

Eurobank will announce its third-quarter 2026 results on October 29, 2026, after the close of trading in Athens, and will hold an analyst call at 6:00 p.m. that day, Euro2day reported on October 13, 2026. The scheduled release gives investors a defined checkpoint for testing the first-half growth and guidance trajectory.

Capital remains a key measure

Eurobank reported a Common Equity Tier 1 ratio of 15.40 percent in June 2026, while its non-performing exposure ratio stood at 2.50 percent versus 2.80 percent a year earlier, according to Cyprus Mail. Those figures frame the buyback and target increase against profitability, capital strength and asset quality rather than against a single market session.