Piraeus Bank Group made a net profit of EUR -1,238 mil in the fourth quarter of 2015, down 273% when compared to the same period of last year. This implies a return on equity of -5.71%.
Historically, the bank’s net profit reached an all time high of EUR 3,617 mil in 1Q2013 and an all time low of EUR -5,439 mil in 4Q2011. The average profit in the last six quarters amounted to EUR -625 mil.
The bank generated its shareholders an average return on equity of -373% in the last five years with maximum at 77.8% and minimum at -4,429%.
When compared to bank's main peers, National Bank of Greece generated a net profit of EUR -2,050 mil with ROE of -96.0% in 4Q2015, Alpha Bank Group netted EUR -622 mil(ROE of -31.1%) and Eurobank Group announced a net profit of EUR -175 mil implying ROE of -11.2%.