Societe Generale Expressbank made a net profit of BGN 109 mil in 2017, up 18.3% compared to the previous year. This implies a return on equity of 14.6%.
Historically, the bank’s net profit reached an all time high of BGN 109 mil in 2017 and an all time low of BGN 19.6 mil in 2009. The average profit in the last five years amounted to BGN 71.5 mil.
The bank generated its shareholders an average return on equity of 11.4% in the last five years with maximum at 14.6% and minimum at 5.27%
Comparing Societe Generale Expressbank with its closest peers, DSK Bank generated a net profit of BGN 285 mil with ROE of 17.7% in 2017, United Bulgarian Bank netted BGN -47.4 mil (ROE of -4.55%) and Raiffeisenbank Bulgaria announced a net profit of BGN 137 mil implying ROE of 14.9%.
Societe Generale Expressbank has been ranked 71th within the group of 310 banks we follow in terms of return on equity in 2017.
You can see all the bank’s data at Societe Generale Expressbank Profile, or you can download a report on the bank in the report section.
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