Erste Bank Serbia made a net profit of RSD 1,189 mil in 2015, up 397% when compared to the last year. This implies a return on equity of 7.74%.
Historically, the bank’s net profit reached an all time high of RSD 1,250 mil in 2012 and an all time low of RSD -2,216 mil in 2006. The average profit in the last five years amounted to RSD 905 mil.
The bank generated its shareholders an average return on equity of 6.74% in the last five years with maximum at 9.86% and minimum at 1.65%
When compared to bank's main peers, Komercijalna Banka Beograd generated a net profit of RSD -6,300 mil with ROE of -9.43% in 2015, Bank Intesa Serbia netted RSD 8,585 mil (ROE of 7.81%) and Raiffeisenbank Serbia announced a net profit of RSD 4,342 mil implying ROE of 7.83%.
Erste Bank Serbia has been ranked 60th within the group of 122 banks we follow in terms of return on equity in 2015.