Piraeus Bank Bulgaria made a net profit of BGN -179 mil in 2015, down 310% when compared to the last year. This implies a return on equity of -35.8%.
Historically, the bank’s net profit reached an all time high of BGN 61.5 mil in 2008 and an all time low of BGN -179 mil in 2015. The average profit in the last five years amounted to BGN -32.6 mil.
The bank generated its shareholders an average return on equity of -6.58% in the last five years with maximum at 9.17% and minimum at -35.8%
When compared to bank's main peers, DSK Bank generated a net profit of BGN 321 mil with ROE of 20.1% in 2015, United Bulgarian Bank netted BGN 50.9 mil (ROE of 4.24%) and Raiffeisenbank Bulgaria announced a net profit of BGN 62.6 mil implying ROE of 6.81%.
Piraeus Bank Bulgaria has been ranked 117th within the group of 122 banks we follow in terms of return on equity in 2015.