Central Cooperative Bank - Profitability

Central Cooperative Bank made a net profit of BGN 37.3 mil in 2017, up 44.3% compared to the previous year. This implies a return on equity of 8.75%.

Historically, the bank’s net profit reached an all time high of BGN 37.3 mil in 2017 and an all time low of BGN 6.39 mil in 2005. The average profit in the last five years amounted to BGN 17.4 mil.

The bank generated its shareholders an average return on equity of 4.41% in the last five years with maximum at 8.75% and minimum at 1.80%

Comparing Central Cooperative Bank with its closest peers, United Bulgarian Bank generated a net profit of BGN -47.4 mil with ROE of -4.55% in 2017, Raiffeisenbank Bulgaria netted BGN 137 mil (ROE of 14.9%) and UniCredit Bulbank announced a net profit of BGN 412 mil implying ROE of 13.4%.

Central Cooperative Bank has been ranked 176th 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 Central Cooperative Bank Profile, or you can download a report on the bank in the report section.