United Bulgarian Bank made a net profit of BGN -47.4 mil in 2017, down 142% compared to the previous year. This implies a return on equity of -4.55%.
Historically, the bank’s net profit reached an all time high of BGN 195 mil in 2008 and an all time low of BGN -47.4 mil in 2017. The average profit in the last five years amounted to BGN 42.2 mil.
The bank generated its shareholders an average return on equity of 3.57% in the last five years with maximum at 9.64% and minimum at -4.55%
Comparing United Bulgarian Bank with its closest peers, DSK Bank generated a net profit of BGN 285 mil with ROE of 17.7% in 2017, UniCredit Bulbank netted BGN 412 mil (ROE of 13.4%) and Raiffeisenbank Bulgaria announced a net profit of BGN 137 mil implying ROE of 14.9%.
United Bulgarian Bank has been ranked 279th within the group of 310 banks we follow in terms of return on equity in 2017.
You can see all the bank’s data at United Bulgarian Bank Profile, or you can download a report on the bank in the report section.
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