Corporate Commercial Bank made a net profit of BGN -4,269 mil in 2014, down 6,136% when compared to the last year. This implies a return on equity of 268%.
Historically, the bank’s net profit reached an all time high of BGN 74.4 mil in 2010 and an all time low of BGN -4,269 mil in 2014. The average profit in the last five years amounted to BGN -801 mil.
The bank generated its shareholders an average return on equity of 67.4% in the last five years with maximum at 268% and minimum at 13.4%
When compared to bank's main peers, United Bulgarian Bank generated a net profit of BGN 77.2 mil with ROE of 6.82% in 2014, Raiffeisenbank Bulgaria netted BGN 46.9 mil (ROE of 5.25%) and UniCredit Bulbank announced a net profit of BGN 285 mil implying ROE of 11.2%.
Corporate Commercial Bank has been ranked 1st within the group of 129 banks we follow in terms of return on equity in 2014.