Piraeus Bank Group made a net profit of EUR -1,858 mil in 2015, up 4.13% compared to the previous year. This implies a return on equity of -21.4%.
Historically, the bank’s net profit reached an all time high of EUR 2,532 mil in 2013 and an all time low of EUR -6,617 mil in 2011. The average profit in the last five years amounted to EUR -1,679 mil.
The bank generated its shareholders an average return on equity of -187% in the last five years with maximum at 81.3% and minimum at -992%
Comparing Piraeus Bank Group with its closest peers, National Bank of Greece generated a net profit of EUR -4,227 mil with ROE of -41.7% in 2015, Alpha Bank Group netted EUR -1,372 mil (ROE of -16.4%) and Eurobank Group announced a net profit of EUR -1,076 mil implying ROE of -16.0%.
Piraeus Bank Group has been ranked 289th within the group of 312 banks we follow in terms of return on equity in 2015.
You can see all the bank’s data at Piraeus Bank Group Profile, or you can download a report on the bank in the report section.