Who Was the Most Profitable Among CEE Savings Banks in 2017?

Based on a comparison of 12 banks among CEE Savings Banks, Sberbank produced the highest net profit in 2017, followed by Erste Group Bank and OTP Group.

Sberbank made a net profit of EUR 11,275 mil, up 49.6% compared to the previous year. Historically, the bank’s net profit reached an all time high of EUR 11,275 mil in 2017 and an all time low of EUR 402 mil in 2003. The average profit in the last five years amounted to EUR 6,960 mil.

The bank generated an average return on equity of 18.1% for its shareholders in the last five years with a maximum of 24.0% and a minimum of 10.2%.

Comparing Sberbank with its closest peers, Erste Group Bank generated a net profit of EUR 1,316 mil with a ROE of 7.54% in 2017, OTP Group netted EUR 906 mil (ROE of 18.4%) and PKO BP announced a net profit of EUR 723 mil giving a ROE of 9.02%.

You can see all the banks net profit data on the Net Profit indicator page or you can download a report on the CEE Savings Banks banks in the reports section.