Corporate Commercial Bank - Profitability

Net Profit (BGN mil) & ROE (%)
Banking | Bulgaria | February 22, 2018
$2.99
Excel Sheet

Corporate Commercial Bank made a net profit of BGN -4,269 mil in 2014, down 6,136% compared to the previous 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%

Comparing Corporate Commercial Bank with its closest 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 216 banks we follow in terms of return on equity in 2014.

You can see all the bank’s data at Corporate Commercial Bank Profile, or you can download a report on the bank in the report section.

Net Profit Unit 2010 2011 2012 2013 2014 2015 2016 2017
Allianz Bank Bulgaria BGN mil 12.2 12.9 17.3 22.1 10.2
BNP Paribas Bulgaria BGN mil 5.01 0.117 0.165 -3.64 -8.26
Bulgarian Development Bank BGN mil 11.4 21.9 10.8 12.8 38.3
Bulgarian-American Credit Bank BGN mil -34.2 -18.7 -16.0 -8.94 0.627
Central Cooperative Bank BGN mil 12.6 10.1 10.1 7.26 6.70
Cibank BGN mil 0.433 10.1 13.9 21.5 26.9
Citibank Bulgaria BGN mil 13.9 20.1 9.61 11.6 9.20
Commercial Bank Victoria BGN mil -11.3 -17.3 -14.7 -14.9 -9.31
Corporate Commercial Bank BGN mil 59.8 56.4 70.7 -4,269 ... ... ...
D Commerce Bank BGN mil 0.337 1.86 0.193 0.483 0.574
DSK Bank BGN mil 87.7 161 191 228 321
Eurobank Bulgaria BGN mil 7.45 1.13 18.5 0.677 84.1
First Investment Bank BGN mil 35.9 30.5 185 30.8 17.8
ING Bank Bulgaria BGN mil 4.83 5.94 -0.315 1.42 -3.51
International Asset Bank BGN mil 1.87 3.19 1.06 3.54 4.22
Investbank BGN mil -4.99 -0.725 0.452 1.81 1.95
Isbank Bulgaria BGN mil ... -0.953 -0.943 -0.717 -0.497 -0.133
Municipal Bank BGN mil 2.91 6.03 6.05 5.75 5.41
Piraeus Bank Bulgaria BGN mil 55.0 2.30 3.11 -43.7 -179
Procredit Bank Bulgaria BGN mil 8.39 18.9 20.2 23.2 28.5
Raiffeisenbank Bulgaria BGN mil 50.4 3.31 -45.0 46.9 62.6
Societe Generale Expressbank BGN mil 51.6 53.5 26.1 54.7 74.9
TBI Bank BGN mil -4.67 -0.631 4.29 17.3 27.9
Texim Bank Bulgaria BGN mil -3.78 -1.67 0.087 0.173 0.120
Tokuda Bank BGN mil 0.064 0.055 -2.86 -7.24 -3.71
UniCredit Bulbank BGN mil 233 218 176 285 340
United Bulgarian Bank BGN mil 11.4 -42.2 19.4 77.2 50.2
Ziraat Bank Bulgaria BGN mil -0.126 -1.14 -0.715 0.068 0.611
AVERAGE BGN mil 25.5 21.6 19.8 25.1 -125 33.6 50.8 50.2