By Helgi Analytics - August 11, 2019
OTP Bank Hungary made a net profit of HUF 57,720 mil under revenues of HUF 107,144 mil in the second quarter of 2019, up 2.6% and ...
By Helgi Analytics - August 11, 2019
OTP Bank Hungary employed 9,844 persons in 2019-06-30, up 0.723% compared to the previous year. Historically, the bank's workfor...
By Helgi Analytics - August 11, 2019
OTP Bank Hungary's loans reached HUF 3,382,470 mil in the second quarter of 2019, up from HUF 3,229,750 mil when compared to...
| Profit Statement | 2016 | 2017 | 2018 | |
| Net Interest Income | HUF mil | 235,871 | 234,304 | 245,934 |
| Fee Income (As % Of Revenues) | % | 28.3 | 29.8 | 28.3 |
| Other Income | HUF mil | 18,614 | 22,159 | 25,590 |
| Total Revenues | HUF mil | 354,698 | 365,591 | 378,534 |
| Operating Profit | HUF mil | 143,680 | 150,833 | 144,577 |
| Provisions | HUF mil | -6,104 | -30,784 | -46,591 |
| Net Profit | HUF mil | 122,194 | 168,576 | 180,445 |
| Balance Sheet | 2016 | 2017 | 2018 | |
| Customer Loans | HUF mil | 2,610,280 | 2,793,870 | 3,096,390 |
| Total Assets | HUF mil | 7,148,670 | 7,704,140 | 8,563,420 |
| Shareholders' Equity | HUF mil | 1,303,710 | 1,452,390 | 1,561,690 |
| Interbank Borrowing | HUF mil | ... | ... | 236,700 |
| Customer Deposits | HUF mil | 4,905,680 | 5,381,580 | 5,963,120 |
| Issued Debt Securities | HUF mil | ... | ... | 465,870 |
| Ratios | 2016 | 2017 | 2018 | |
| ROE | % | 9.52 | 12.2 | 12.0 |
| ROA | % | 1.76 | 2.27 | 2.22 |
| Costs (As % Of Assets) | % | 3.05 | 2.89 | 2.88 |
| Costs (As % Of Income) | % | 59.5 | 58.7 | 61.8 |
| Capital Adequacy Ratio | % | ... | ... | 28.2 |
| Net Interest Margin | % | 3.40 | 3.16 | 3.02 |
| Loans (As % Of Deposits) | % | 53.2 | 51.9 | 51.9 |
| NPLs (As % Of Loans) | % | 9.80 | 6.43 | ... |
| Provisions (As % Of NPLs) | % | 82.7 | 88.5 | ... |
| Growth Rates | 2016 | 2017 | 2018 | |
| Total Revenue Growth | % | -3.41 | 3.07 | 3.54 |
| Operating Cost Growth | % | 7.31 | 1.77 | 8.94 |
| Operating Profit Growth | % | -15.8 | 4.98 | -4.15 |
| Net Profit Growth | % | -0.944 | 38.0 | 7.04 |
| Customer Loan Growth | % | 9.02 | 7.03 | 10.8 |
| Total Asset Growth | % | 6.58 | 7.77 | 11.2 |
| Customer Deposit Growth | % | 9.14 | 9.70 | 10.8 |
| Shareholders' Equity Growth | % | 3.08 | 11.4 | 7.53 |
| Employees | 8,293 | 9,049 | 9,631 | |
Get all company financials in excel:
| summary | Unit | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 |
| income statement | ||||||||||||||
| Net Interest Income | HUF mil | ... | 292,570 | 273,276 | 266,329 | 251,564 | 235,871 | |||||||
| Total Revenues | HUF mil | ... | 394,243 | 384,587 | 375,668 | 367,234 | 354,698 | |||||||
| Operating Profit | HUF mil | ... | 211,355 | 194,390 | 181,952 | 170,598 | 143,680 | |||||||
| Net Profit | HUF mil | ... | 94,587 | 114,879 | 137,418 | 123,359 | 122,194 | |||||||
| balance sheet | ||||||||||||||
| Customer Loans | HUF mil | 2,807,560 | 3,134,510 | 2,753,420 | 2,394,360 | 2,610,280 | ||||||||
| Total Assets | HUF mil | 6,229,360 | 6,454,940 | 7,127,610 | 6,707,420 | 7,148,670 | ||||||||
| Shareholders' Equity | HUF mil | 1,219,300 | 1,277,500 | 1,288,530 | 1,264,740 | 1,303,710 | ||||||||
| Interbank Borrowing | HUF mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | |
| Customer Deposits | HUF mil | 3,632,700 | 3,967,790 | 4,459,300 | 4,494,950 | 4,905,680 | ||||||||
| Issued Debt Securities | HUF mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | |
| ratios | ||||||||||||||
| ROE | % | ... | 7.93 | 9.20 | 10.7 | 9.66 | 9.52 | |||||||
| ROA | % | ... | 1.48 | 1.81 | 2.02 | 1.78 | 1.76 | |||||||
| Costs (As % Of Assets) | % | ... | 2.86 | 3.00 | 2.85 | 2.84 | 3.05 | |||||||
| Costs (As % Of Income) | % | ... | 46.4 | 49.5 | 51.6 | 53.5 | 59.5 | |||||||
| Capital Adequacy Ratio | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | |
| Net Interest Margin | % | ... | 4.58 | 4.31 | 3.92 | 3.64 | 3.40 | |||||||
| Interest Income (As % Of Revenues) | % | ... | 74.2 | 71.1 | 70.9 | 68.5 | 66.5 | |||||||
| Fee Income (As % Of Revenues) | % | ... | 21.8 | 23.8 | 25.1 | 26.5 | 28.3 | |||||||
| Equity (As % Of Assets) | % | 19.6 | 19.8 | 18.1 | 18.9 | 18.2 | ||||||||
| Loans (As % Of Deposits) | % | 77.3 | 79.0 | 61.7 | 53.3 | 53.2 | ||||||||
| Loans (As % Assets) | % | 45.1 | 48.6 | 38.6 | 35.7 | 36.5 | ||||||||
| NPLs (As % Of Loans) | % | ... | ... | 16.1 | 17.4 | 17.5 | 12.1 | 9.80 | ... | |||||
| Provisions (As % Of NPLs) | % | ... | ... | 81.9 | 85.2 | 76.5 | 85.8 | 82.7 | ... |
| income statement | Unit | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 |
| income statement | ||||||||||||||
| Net Interest Income | HUF mil | ... | 292,570 | 273,276 | 266,329 | 251,564 | 235,871 | |||||||
| Net Fee Income | HUF mil | ... | 85,820 | 91,507 | 94,244 | 97,480 | 100,213 | |||||||
| Other Income | HUF mil | ... | 15,853 | 19,804 | 15,095 | 18,191 | 18,614 | |||||||
| Total Revenues | HUF mil | ... | 394,243 | 384,587 | 375,668 | 367,234 | 354,698 | |||||||
| Operating Cost | HUF mil | ... | 182,888 | 190,197 | 193,716 | 196,636 | 211,018 | |||||||
| Operating Profit | HUF mil | ... | 211,355 | 194,390 | 181,952 | 170,598 | 143,680 | |||||||
| Provisions | HUF mil | ... | 90,056 | 54,094 | 23,410 | 25,555 | -6,104 | |||||||
| Extra and Other Cost | HUF mil | ... | 3,779 | -3,539 | -2,556 | -4,172 | -2,090 | |||||||
| Pre-Tax Profit | HUF mil | ... | 117,520 | 143,836 | 161,097 | 149,216 | 151,874 | |||||||
| Tax | HUF mil | ... | 22,933 | 28,957 | 23,679 | 25,857 | 29,680 | |||||||
| Minorities | HUF mil | ... | 0 | 0 | 0 | 0 | 0 | |||||||
| Net Profit | HUF mil | ... | 94,587 | 114,879 | 137,418 | 123,359 | 122,194 | |||||||
| growth rates | ||||||||||||||
| Net Interest Income Growth | % | ... | ... | -10.6 | -6.59 | -2.54 | -5.54 | -6.24 | ||||||
| Net Fee Income Growth | % | ... | ... | 1.34 | 6.63 | 2.99 | 3.43 | 2.80 | ||||||
| Total Revenue Growth | % | ... | ... | -6.00 | -2.45 | -2.32 | -2.25 | -3.41 | ||||||
| Operating Cost Growth | % | ... | ... | -0.821 | 4.00 | 1.85 | 1.51 | 7.31 | ||||||
| Operating Profit Growth | % | ... | ... | -10.1 | -8.03 | -6.40 | -6.24 | -15.8 | ||||||
| Pre-Tax Profit Growth | % | ... | ... | -24.1 | 22.4 | 12.0 | -7.38 | 1.78 | ||||||
| Net Profit Growth | % | ... | ... | -17.1 | 21.5 | 19.6 | -10.2 | -0.944 | ||||||
| market share | ||||||||||||||
| Market Share in Revenues | % | ... | 43.8 | 38.4 | 35.6 | 43.0 | 31.4 | ... | ||||||
| Market Share in Net Profit | % | ... | ... | ... | 368 | ... | ... | 27.6 | ... | |||||
| Market Share in Employees | % | ... | 20.7 | 21.2 | 20.9 | 21.3 | 21.4 | ... | ||||||
| Market Share in Branches | % | ... | 11.4 | 11.8 | 12.2 | 13.3 | 13.4 | ... |
| balance sheet | Unit | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 |
| balance sheet | ||||||||||||||
| Customer Loans | HUF mil | 2,807,560 | 3,134,510 | 2,753,420 | 2,394,360 | 2,610,280 | ||||||||
| Retail Loans | HUF mil | ... | 2,180,190 | 2,017,470 | 1,937,440 | 1,624,500 | 1,748,280 | |||||||
| Mortgage Loans | HUF mil | ... | 1,620,980 | 1,479,180 | 1,428,300 | 1,163,730 | 1,274,870 | |||||||
| Consumer Loans | HUF mil | ... | 559,204 | 538,284 | 509,142 | 460,764 | 473,405 | |||||||
| Corporate Loans | HUF mil | ... | 1,054,150 | 1,017,000 | 815,980 | 769,867 | 862,000 | |||||||
| Total Assets | HUF mil | 6,229,360 | 6,454,940 | 7,127,610 | 6,707,420 | 7,148,670 | ||||||||
| Shareholders' Equity | HUF mil | 1,219,300 | 1,277,500 | 1,288,530 | 1,264,740 | 1,303,710 | ||||||||
| Liabilities | HUF mil | 5,010,060 | 5,177,440 | 5,839,080 | 5,442,680 | 5,844,970 | ||||||||
| Interbank Borrowing | HUF mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | |
| Customer Deposits | HUF mil | 3,632,700 | 3,967,790 | 4,459,300 | 4,494,950 | 4,905,680 | ||||||||
| Retail Deposits | HUF mil | ... | 2,026,580 | 1,933,820 | 2,064,470 | 2,294,900 | 2,598,490 | |||||||
| Corporate Deposits | HUF mil | ... | 1,366,640 | 1,595,940 | 1,988,640 | 1,837,590 | 1,797,610 | |||||||
| Issued Debt Securities | HUF mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | |
| Other Liabilities | HUF mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | |
| asset quality | ||||||||||||||
| Non-Performing Loans | HUF mil | ... | ... | 521,062 | 527,591 | 482,770 | 290,052 | 255,841 | ... | |||||
| Gross Loans | HUF mil | ... | 3,234,340 | 3,034,470 | 2,753,420 | 2,394,360 | 2,610,280 | |||||||
| Total Provisions | HUF mil | ... | 426,779 | 449,752 | 369,232 | 248,887 | 211,583 | |||||||
| growth rates | ||||||||||||||
| Customer Loan Growth | % | ... | -12.1 | 11.6 | -12.2 | -13.0 | 9.02 | |||||||
| Retail Loan Growth | % | ... | ... | -8.84 | -7.46 | -3.97 | -16.2 | 7.62 | ||||||
| Mortgage Loan Growth | % | ... | ... | -11.7 | -8.75 | -3.44 | -18.5 | 9.55 | ||||||
| Consumer Loan Growth | % | ... | ... | 0.577 | -3.74 | -5.41 | -9.50 | 2.74 | ||||||
| Corporate Loan Growth | % | ... | ... | -11.4 | -3.52 | -19.8 | -5.65 | 12.0 | ||||||
| Total Asset Growth | % | ... | -4.87 | 3.62 | 10.4 | -5.90 | 6.58 | |||||||
| Shareholders' Equity Growth | % | ... | 4.63 | 4.77 | 0.863 | -1.85 | 3.08 | |||||||
| Customer Deposit Growth | % | ... | 1.77 | 9.22 | 12.4 | 0.799 | 9.14 | |||||||
| Retail Deposit Growth | % | ... | ... | -5.59 | -4.58 | 6.76 | 11.2 | 13.2 | ||||||
| Corporate Deposit Growth | % | ... | ... | 11.7 | 16.8 | 24.6 | -7.60 | -2.18 | ||||||
| market share | ||||||||||||||
| Market Share in Customer Loans | % | 17.5 | 20.4 | 18.4 | 18.0 | 19.8 | ... | |||||||
| Market Share in Corporate Loans | % | ... | 17.7 | 17.8 | 13.9 | 14.5 | 15.6 | ... | ||||||
| Market Share in Retail Loans | % | ... | 18.8 | 20.1 | 20.6 | 22.4 | 21.9 | ... | ||||||
| Market Share in Consumer Loans | % | ... | 33.5 | 33.5 | 33.3 | 32.1 | 34.4 | ... | ||||||
| Market Share in Mortgage Loans | % | ... | 45.9 | 44.3 | 42.8 | 38.7 | 43.6 | ... | ||||||
| Market Share in Total Assets | % | 18.1 | 18.3 | 19.5 | 18.6 | 19.1 | ... | |||||||
| Market Share in Customer Deposits | % | 24.8 | 26.7 | 27.8 | 25.1 | 25.8 | ... | |||||||
| Market Share in Retail Deposits | % | ... | 26.4 | 27.9 | 30.0 | 32.6 | 35.9 | ... | ||||||
| Market Share in Corporate Deposits | % | ... | 31.2 | 31.8 | 38.1 | 30.8 | 27.4 | ... |
| ratios | Unit | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 |
| ratios | ||||||||||||||
| ROE | % | ... | 7.93 | 9.20 | 10.7 | 9.66 | 9.52 | |||||||
| ROA | % | ... | 1.48 | 1.81 | 2.02 | 1.78 | 1.76 | |||||||
| Costs (As % Of Assets) | % | ... | 2.86 | 3.00 | 2.85 | 2.84 | 3.05 | |||||||
| Costs (As % Of Income) | % | ... | 46.4 | 49.5 | 51.6 | 53.5 | 59.5 | |||||||
| Capital Adequacy Ratio | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | |
| Tier 1 Ratio | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | |
| Net Interest Margin | % | ... | 4.58 | 4.31 | 3.92 | 3.64 | 3.40 | |||||||
| Interest Income (As % Of Revenues) | % | ... | 74.2 | 71.1 | 70.9 | 68.5 | 66.5 | |||||||
| Fee Income (As % Of Revenues) | % | ... | 21.8 | 23.8 | 25.1 | 26.5 | 28.3 | |||||||
| Other Income (As % Of Revenues) | % | ... | 4.02 | 5.15 | 4.02 | 4.95 | 5.25 | |||||||
| Equity (As % Of Assets) | % | 19.6 | 19.8 | 18.1 | 18.9 | 18.2 | ||||||||
| Loans (As % Of Deposits) | % | 77.3 | 79.0 | 61.7 | 53.3 | 53.2 | ||||||||
| Loans (As % Assets) | % | 45.1 | 48.6 | 38.6 | 35.7 | 36.5 | ||||||||
| NPLs (As % Of Loans) | % | ... | ... | 16.1 | 17.4 | 17.5 | 12.1 | 9.80 | ... | |||||
| Provisions (As % Of NPLs) | % | ... | ... | 81.9 | 85.2 | 76.5 | 85.8 | 82.7 | ... | |||||
| Provisions (As % Of Loans) | % | ... | 15.2 | 14.3 | 13.4 | 10.4 | 8.11 | |||||||
| Cost of Provisions (As % Of Loans) | % | ... | 3.00 | 1.82 | 0.795 | 0.993 | -0.244 |
Get all company financials in excel:
By Helgi Analytics - August 11, 2019
OTP Bank Hungary's capital adequacy ratio reached 26.6% at the end of second quarter of 2019, down from 27.5% when compared to the previous quarter. Historically, the bank’s capital ratio hit an all time high of 32.2% in 1Q2017 and an all time low of 18.3% in 2Q201...
By Helgi Analytics - August 11, 2019
OTP Bank Hungary's customer loan growth reached 13.4% in 2019-06-30, up from 12.5% compared to the previous year. Historically, the bank’s loans growth reached an all time high of 18.1% in 2008-03-31 and an all time low of -12.1% in 2012-12-31. In the las...
By Helgi Analytics - August 11, 2019
OTP Bank Hungary generated total banking revenues of HUF 107,144 mil in the second quarter of 2019, up 9.82% when compared to the same period of last year and 8.9% when compared to the previous quarter. Historically, the bank’s revenues containing of interest...
By Helgi Analytics - October 7, 2019
OTP Bank Hungary's Equity reached 5.23% of total assets in the 2Q2019, up from 4.85% for the previous year. As a share of net customer loans, the ratio amounted to 8.02% at the end of the second quarter of 2019. ...
By Helgi Analytics - August 11, 2019
OTP Bank Hungary's retail loans reached HUF 2,031,910 mil at the end of 2019-06-30, up 2.54% compared to the previous year. In the last decade, the average annual loan growth amounted to -0.683%. Overall, retail loans accounted for 62.6% of the bank's loan ...
By Helgi Analytics - August 11, 2019
OTP Bank Hungary made a net profit of HUF 180,445 mil in 2018, up 7.04% compared to the previous year. This implies a return on equity of 12.0%. Historically, the bank’s net profit reached an all time high of HUF 182,699 mil in 2009 and an all time low of H...
By Helgi Analytics - August 11, 2019
OTP Bank Hungary employed 9,631 persons in 2018, up 6.43% compared to the previous year. Historically, the bank's workforce hit an all time high of 9,631 persons in 2018 and an all time low of 7,800 in 2010. The bank operated a network of 362 branches and ...
By Helgi Analytics - August 11, 2019
OTP Bank Hungary's loans reached HUF 3,241,340 mil in the 2018, up from HUF 2,793,870 mil compared to the previous year. Historically, the bank’s loans reached an all time high of HUF 3,584,080 mil in 2010 and an all time low of HUF 2,394,360 mil in 2015. ...
By Helgi Analytics - August 11, 2019
OTP Bank Hungary generated total banking revenues of HUF 378,534 mil in 2018, up 3.54% compared to the previous year. Historically, the bank’s revenues containing of interest, fee and other non-interest income reached an all time high of HUF 432,796 mil in 2010...
By Helgi Analytics - August 11, 2019
OTP Bank Hungary's customer loan growth reached 10.8% in 2018, up from 7.03% compared to the previous year. Historically, the bank’s loans growth reached an all time high of 12.3% in 2007 and an all time low of -13.0% in 2015. In the last decade, the aver...
OTP Bank Hungary has been growing its revenues and asset by 0.191% and 5.60% a year on average in the last 10 years. Its loans and deposits have grown by -0.426% and 6.28% a year during that time and loans to deposits ratio reached 51.9% at the end of 2018. The company achieved an average return on equity of 11.3% in the last decade with net profit growing 3.11% a year on average. In terms of operating efficiency, its cost to income ratio reached 61.8% in 2018, compared to 50.9% average in the last decade.
Equity represented 18.2% of total assets or 50.4% of loans at the end of 2018. OTP Bank Hungary's non-performing loans were of total loans while provisions covered some of NPLs at the end of 2018.
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