Piraeus Bank Group made a net profit of EUR -1,858 mil in 2015, up 4.13% compared to the previous year. This implies a return on equity of -21.4%.
Historically, the bank’s net profit reached an all time high of EUR 2,532 mil in 2013 and an all time low of EUR -6,617 mil in 2011. The average profit in the last five years amounted to EUR -1,679 mil.
The bank generated its shareholders an average return on equity of -187% in the last five years with maximum at 81.3% and minimum at -992%
Comparing Piraeus Bank Group with its closest peers, National Bank of Greece generated a net profit of EUR -4,227 mil with ROE of -41.7% in 2015, Alpha Bank Group netted EUR -1,372 mil (ROE of -16.4%) and Eurobank Group announced a net profit of EUR -1,076 mil implying ROE of -16.0%.
Piraeus Bank Group has been ranked 197th within the group of 213 banks we follow in terms of return on equity in 2015.
|Alpha Bank Group||EUR mil||350||85.6||-3,810||-1,086||2,922|
|Eurobank Group||EUR mil||305||68.0||-5,508||-1,453||-1,154|
|National Bank of Greece||EUR mil||923||406||-12,344||-2,140||809|
|Piraeus Bank Group||EUR mil||202||-20.5||-6,617||-513||2,532|