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

Top Banks by Net Profit (EUR mil)
Banking | February 25, 2019
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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.

Net Profit Unit 2011 2012 2013 2014 2015 2016 2017 2018
Erste Group Bank EUR mil 484 60.3 -1,383 968 1,265
OTP Group HUF mil 121,690 64,199 -101,985 63,583 202,210
PKO BP PLN mil 3,739 3,230 3,243 2,610 2,874
Ceska Sporitelna CZK mil 16,612 15,588 15,070 14,293 15,457
Zagrebacka Banka HRK mil 1,153 692 1,051 -150 1,686 ...
Slovenska Sporitelna EUR mil 188 185 182 185 215 ...
DSK Bank BGN mil 161 191 228 321 303 ...
Banca Commerciala Romana RON mil -1,235 591 -2,800 919 1,042 ...
Sberbank RUB bil 349 364 292 223 541
CEC Bank RON mil ... 37.0 43.6 7.73 11.0 9.60 ... ...
OTP Bank Hungary HUF mil 94,587 114,879 137,418 123,359 122,194
Erste Savings Banks EUR mil 21.5 22.4 18.4 41.6 34.1 ...