Bank pre-tax ROE rose 15.9% yoy to 19.7% in Macedonia in 2Q2024, according to the National Central Bank. This is 8.05% more than in the previous quarter.
Historically, bank pre-tax ROE in Macedonia reached an all time high of 28.0% in 1Q2018 and an all time low of -2.46% in 1Q2012. When compared to Macedonia's main peers, bank pre-tax ROE in Albania amounted to 18.5%, 17.6% in Bulgaria, 14.3% in Greece and 20.7% in Kosovo in 2Q2024.
Macedonia has been ranked 20th within the group of 78 countries we follow in terms of bank pre-tax ROE, 82 places above the position seen 10 years ago.
| Bank Pre-Tax Return on Equity (Pre-Tax ROE) | Unit | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 |
| Albania | % | 14.6% | 15.9% | 16.2% | 17.3% | 19.2% | ||||||||||||||||
| Bulgaria | % | 17.7% | 18.9% | 19.7% | 18.2% | 16.1% | ... | |||||||||||||||
| Greece | % | 12.4% | 13.1% | 13.9% | 12.9% | 13.8% | ... | |||||||||||||||
| Kosovo | % | 22.5% | 22.2% | 21.6% | 19.8% | 20.0% | ||||||||||||||||
| Macedonia | % | 17.6% | 17.0% | 18.2% | 16.0% | 18.2% | ... | |||||||||||||||
| Montenegro | % | 17.9% | 18.5% | 20.3% | 19.3% | 18.9% | ||||||||||||||||
| Romania | % | 21.3% | 21.1% | ... | ... | ... | ... | ... | ||||||||||||||
| Serbia | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
| Turkey | % | 26.9% | 30.3% | 33.3% | 33.2% | 26.7% | ... |
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