Erste Group Bank made a net profit of EUR 355 mil in the second quarter of 2019, down 19% when compared to the same period of last year. This implies a return on equity of 7.21%.
Historically, the bank’s net profit reached an all time high of EUR 826 mil in 3Q2008 and an all time low of EUR -1,494 mil in 3Q2011. The average profit in the last six quarters amounted to EUR 421 mil.
The bank generated its shareholders an average return on equity of 6.47% in the last five years with maximum at 14.5% and minimum at -16.0%.
When compared to bank's main peers, Raiffeisen Bank Int. generated a net profit of EUR 345 mil with ROE of 10.7% in 2Q2019, OTP Group netted EUR 105,266 mil(ROE of 21.8%) and PKO BP announced a net profit of EUR 1,217 mil implying ROE of 12.3%.