Budapest Bank made a net profit of HUF 13,059 mil in 2016, down 11.6% when compared to the last year. This implies a return on equity of 10.5%.
Historically, the bank’s net profit reached an all time high of HUF 14,766 mil in 2015 and an all time low of HUF -38,725 mil in 2014. The average profit in the last five years amounted to HUF 2,802 mil.
The bank generated its shareholders an average return on equity of 2.46% in the last five years with maximum at 12.7% and minimum at -28.7%
When compared to bank's main peers, OTP Group generated a net profit of HUF 202 mil with ROE of 15.2% in 2016, K&H Bank netted HUF 38,877 mil (ROE of 16.1%) and MKB Bank announced a net profit of HUF 9,496 mil implying ROE of 8.14%.
Budapest Bank has been ranked 17th within the group of 31 banks we follow in terms of return on equity in 2016.