By Helgi Library - March 25, 2021
OTP Group's customer deposits reached HUF 10,233,500 mil in 2017-12-31, up 5.81% compared to the previous year. Hungarian banki...
By Helgi Library - March 25, 2021
OTP Group's customer deposits reached HUF 10,233,500 mil in 2017-12-31, up 5.81% compared to the previous year. Hungarian banki...
By Helgi Library - March 25, 2021
OTP Group's non-performing loans reached 6.16% of total loans at the end of 2020-12-31, up from 6.10% compared to the previous ye...
| Profit Statement | 2018 | 2019 | 2020 | |
| Net Interest Income | HUF mil | 630,459 | 697,112 | 783,198 |
| Net Fee Income | HUF mil | 277,676 | 341,602 | 397,633 |
| Other Income | HUF mil | 139,946 | 163,192 | 145,398 |
| Total Revenues | HUF mil | 1,048,080 | 1,201,910 | 1,326,230 |
| Staff Cost | HUF mil | 251,041 | 276,754 | 308,642 |
| Operating Profit | HUF mil | 467,115 | 576,119 | 590,946 |
| Provisions | HUF mil | 39,287 | 49,120 | 200,315 |
| Net Profit | HUF mil | 346,807 | 424,020 | 276,408 |
| Balance Sheet | 2018 | 2019 | 2020 | |
| Interbank Loans | HUF mil | 420,606 | 410,079 | 1,339,590 |
| Customer Loans | HUF mil | 8,066,590 | 11,879,100 | 12,477,400 |
| Investments | HUF mil | 3,740,440 | 4,688,400 | 5,034,240 |
| Total Assets | HUF mil | 14,590,300 | 20,121,800 | 23,335,800 |
| Shareholders' Equity | HUF mil | 1,826,660 | 2,291,290 | 2,537,110 |
| Interbank Borrowing | HUF mil | 392,706 | 813,399 | 1,303,310 |
| Customer Deposits | HUF mil | 11,285,100 | 15,171,300 | 17,890,900 |
| Issued Debt Securities | HUF mil | 499,395 | 695,960 | 787,368 |
| Ratios | 2018 | 2019 | 2020 | |
| ROE | % | 20.0 | 20.6 | 11.4 |
| ROA | % | 2.50 | 2.44 | 1.27 |
| Costs (As % Of Assets) | % | 4.18 | 3.61 | 3.38 |
| Costs (As % Of Income) | % | 55.4 | 52.1 | 55.4 |
| Capital Adequacy Ratio | % | 15.3 | 16.3 | 17.7 |
| Net Interest Margin | % | 4.54 | 4.02 | 3.60 |
| Loans (As % Of Deposits) | % | 71.5 | 78.3 | 69.7 |
| NPLs (As % Of Loans) | % | 9.49 | 6.10 | 6.16 |
| Provisions (As % Of NPLs) | % | 78.9 | 90.6 | 102 |
| Valuation | 2018 | 2019 | 2020 | |
| Market Capitalisation | USD mil | 11,191 | 14,630 | 12,410 |
| Number Of Shares | mil | 262 | 262 | 259 |
| Share Price | HUF | 11,290 | 15,430 | 13,360 |
| Price/Earnings (P/E) | 8.53 | 9.52 | 12.5 | |
| Price/Book Value (P/BV) | 1.62 | 1.76 | 1.36 | |
| Dividend Yield | % | 1.95 | 0 | 2.62 |
| Earnings Per Share (EPS) | HUF | 1,324 | 1,620 | 1,069 |
| Book Value Per Share | HUF | 6,974 | 8,757 | 9,809 |
| Dividend Per Share | HUF | 221 | 0 | 350 |
Get all company financials in excel:
| summary | Unit | 1993 | 1994 | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 |
| income statement | |||||||||||||||||||||||||||||
| Net Interest Income | HUF mil | 640,921 | 553,775 | 522,783 | 557,908 | 630,459 | |||||||||||||||||||||||
| Total Revenues | HUF mil | 1,084,520 | 962,477 | 851,732 | 935,354 | 1,048,080 | |||||||||||||||||||||||
| Operating Profit | HUF mil | 587,883 | 456,630 | 345,033 | 404,517 | 467,115 | |||||||||||||||||||||||
| Net Profit | HUF mil | 118,479 | 91,418 | 187,396 | 284,554 | 346,807 | |||||||||||||||||||||||
| balance sheet | |||||||||||||||||||||||||||||
| Interbank Loans | HUF mil | 281,006 | 300,568 | 363,530 | 462,180 | 420,606 | |||||||||||||||||||||||
| Customer Loans | HUF mil | 5,864,240 | 5,409,970 | 5,736,230 | 6,987,830 | 8,066,590 | |||||||||||||||||||||||
| Investments | HUF mil | 1,837,800 | 2,485,940 | 2,752,230 | 3,779,700 | 3,740,440 | |||||||||||||||||||||||
| Total Assets | HUF mil | 10,971,100 | 10,718,800 | 11,209,000 | 13,190,200 | 14,590,300 | |||||||||||||||||||||||
| Shareholders' Equity | HUF mil | 1,264,170 | 1,233,660 | 1,420,650 | 1,640,060 | 1,826,660 | |||||||||||||||||||||||
| Interbank Borrowing | HUF mil | 708,274 | 533,310 | 543,775 | 472,068 | 392,706 | |||||||||||||||||||||||
| Customer Deposits | HUF mil | 7,673,480 | 7,984,580 | 8,540,580 | 10,233,500 | 11,285,100 | |||||||||||||||||||||||
| Issued Debt Securities | HUF mil | 549,052 | 474,160 | 224,358 | 326,348 | 499,395 | |||||||||||||||||||||||
| ratios | |||||||||||||||||||||||||||||
| ROE | % | ... | 8.54 | 7.32 | 14.1 | 18.6 | 20.0 | ||||||||||||||||||||||
| ROA | % | ... | 1.11 | 0.843 | 1.71 | 2.33 | 2.50 | ||||||||||||||||||||||
| Costs (As % Of Assets) | % | ... | 4.65 | 4.66 | 4.62 | 4.35 | 4.18 | ||||||||||||||||||||||
| Costs (As % Of Income) | % | 45.8 | 52.6 | 59.5 | 56.8 | 55.4 | |||||||||||||||||||||||
| Capital Adequacy Ratio | % | ... | ... | ... | ... | ... | ... | ... | ... | 17.5 | 16.2 | 18.2 | 14.6 | 15.3 | |||||||||||||||
| Net Interest Margin | % | ... | 6.00 | 5.11 | 4.77 | 4.57 | 4.54 | ||||||||||||||||||||||
| Interest Income (As % Of Revenues) | % | 59.1 | 57.5 | 61.4 | 59.6 | 60.2 | |||||||||||||||||||||||
| Fee Income (As % Of Revenues) | % | 19.9 | 22.2 | 26.2 | 27.9 | 26.5 | |||||||||||||||||||||||
| Staff Cost (As % Of Total Cost) | % | 41.5 | 37.1 | 37.8 | 40.3 | 43.2 | |||||||||||||||||||||||
| Equity (As % Of Assets) | % | 11.5 | 11.5 | 12.7 | 12.4 | 12.5 | |||||||||||||||||||||||
| Loans (As % Of Deposits) | % | 76.4 | 67.8 | 67.2 | 68.3 | 71.5 | |||||||||||||||||||||||
| Loans (As % Assets) | % | 53.5 | 50.5 | 51.2 | 53.0 | 55.3 | |||||||||||||||||||||||
| NPLs (As % Of Loans) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 19.1 | 16.9 | 17.2 | 10.9 | 9.49 | |||||||||||||
| Provisions (As % Of NPLs) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 84.3 | 93.4 | 82.2 | 87.9 | 78.9 | |||||||||||||
| valuation | |||||||||||||||||||||||||||||
| Market Capitalisation | USD mil | ... | ... | 4,028 | 5,700 | 7,498 | 10,858 | 11,191 | |||||||||||||||||||||
| Number Of Shares | mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | 267 | 262 | 264 | 262 | 262 | ||||||||||||||
| Share Price | HUF | ... | ... | 3,811 | 6,000 | 8,400 | 10,720 | 11,290 | |||||||||||||||||||||
| Earnings Per Share (EPS) | HUF | ... | ... | ... | ... | ... | ... | ... | ... | ... | 443 | 348 | 709 | 1,087 | 1,324 | ||||||||||||||
| Book Value Per Share | HUF | ... | ... | ... | ... | ... | ... | ... | ... | ... | 4,729 | 4,701 | 5,376 | 6,263 | 6,974 | ||||||||||||||
| Dividend Per Share | HUF | ... | ... | ... | 145 | 165 | 192 | 221 | 221 | ||||||||||||||||||||
| Price/Earnings (P/E) | ... | ... | ... | ... | ... | ... | ... | ... | ... | 8.61 | 17.2 | 11.8 | 9.86 | 8.53 | |||||||||||||||
| Price/Book Value (P/BV) | ... | ... | ... | ... | ... | ... | ... | ... | ... | 0.806 | 1.28 | 1.56 | 1.71 | 1.62 | |||||||||||||||
| Dividend Yield | % | ... | ... | ... | 3.80 | 2.75 | 2.29 | 2.06 | 1.95 | ||||||||||||||||||||
| Earnings Per Share Growth | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | -18.9 | -21.3 | 104 | 53.2 | 21.8 | |||||||||||||
| Book Value Per Share Growth | % | ... | -16.3 | -0.590 | 14.4 | 16.5 | 11.3 |
| income statement | Unit | 1993 | 1994 | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 |
| income statement | |||||||||||||||||||||||||||||
| Interest Income | HUF mil | 914,054 | 805,773 | 692,745 | 670,667 | 763,694 | |||||||||||||||||||||||
| Interest Cost | HUF mil | 273,133 | 251,998 | 169,962 | 112,759 | 133,235 | |||||||||||||||||||||||
| Net Interest Income | HUF mil | 640,921 | 553,775 | 522,783 | 557,908 | 630,459 | |||||||||||||||||||||||
| Net Fee Income | HUF mil | 215,656 | 213,872 | 222,991 | 261,193 | 277,676 | |||||||||||||||||||||||
| Fee Income | HUF mil | 265,392 | 257,431 | 272,235 | 315,606 | 338,081 | |||||||||||||||||||||||
| Fee Expense | HUF mil | 49,736 | 43,559 | 49,244 | 54,413 | 60,405 | |||||||||||||||||||||||
| Other Income | HUF mil | 227,944 | 194,830 | 105,958 | 116,253 | 139,946 | |||||||||||||||||||||||
| Total Revenues | HUF mil | 1,084,520 | 962,477 | 851,732 | 935,354 | 1,048,080 | |||||||||||||||||||||||
| Staff Cost | HUF mil | 206,335 | 187,806 | 191,442 | 213,886 | 251,041 | |||||||||||||||||||||||
| Depreciation | HUF mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 38,086 | 21,037 | 21,907 | 30,192 | ... | |||||
| Other Cost | HUF mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 279,955 | 294,220 | 295,044 | 299,733 | ... | |||||
| Operating Cost | HUF mil | 496,638 | 505,847 | 506,699 | 530,837 | 580,966 | |||||||||||||||||||||||
| Operating Profit | HUF mil | 587,883 | 456,630 | 345,033 | 404,517 | 467,115 | |||||||||||||||||||||||
| Provisions | HUF mil | 446,830 | 318,683 | 93,473 | 40,848 | 39,287 | |||||||||||||||||||||||
| Extra and Other Cost | HUF mil | 49,736 | 43,559 | 49,244 | 54,413 | 60,405 | |||||||||||||||||||||||
| Pre-Tax Profit | HUF mil | 91,317 | 94,388 | 202,316 | 309,256 | 367,423 | |||||||||||||||||||||||
| Tax | HUF mil | -26,889 | 3,382 | 14,678 | 24,505 | 20,527 | |||||||||||||||||||||||
| Minorities | HUF mil | -273 | -412 | 242 | 197 | 89.0 | |||||||||||||||||||||||
| Net Profit | HUF mil | 118,479 | 91,418 | 187,396 | 284,554 | 346,807 | |||||||||||||||||||||||
| Net Profit Avail. to Common | HUF mil | 118,479 | 91,418 | 187,396 | 284,554 | 346,807 | |||||||||||||||||||||||
| Dividends | HUF mil | ... | 40,064 | 46,200 | 53,200 | 61,320 | 61,320 | ||||||||||||||||||||||
| growth rates | |||||||||||||||||||||||||||||
| Net Interest Income Growth | % | ... | -2.33 | -13.6 | -5.60 | 6.72 | 13.0 | ||||||||||||||||||||||
| Net Fee Income Growth | % | ... | 6.89 | -0.827 | 4.26 | 17.1 | 6.31 | ||||||||||||||||||||||
| Total Revenue Growth | % | ... | 11.9 | -11.3 | -11.5 | 9.82 | 12.1 | ||||||||||||||||||||||
| Operating Cost Growth | % | ... | 6.66 | 1.85 | 0.168 | 4.76 | 9.44 | ||||||||||||||||||||||
| Operating Profit Growth | % | ... | 16.7 | -22.3 | -24.4 | 17.2 | 15.5 | ||||||||||||||||||||||
| Pre-Tax Profit Growth | % | ... | -50.9 | 3.36 | 114 | 52.9 | 18.8 | ||||||||||||||||||||||
| Net Profit Growth | % | ... | -18.8 | -22.8 | 105 | 51.8 | 21.9 |
| balance sheet | Unit | 1993 | 1994 | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 |
| balance sheet | |||||||||||||||||||||||||||||
| Cash & Cash Equivalents | HUF mil | 2,307,630 | 1,878,960 | 1,625,360 | 1,198,040 | 1,547,270 | |||||||||||||||||||||||
| Interbank Loans | HUF mil | 281,006 | 300,568 | 363,530 | 462,180 | 420,606 | |||||||||||||||||||||||
| Customer Loans | HUF mil | 5,864,240 | 5,409,970 | 5,736,230 | 6,987,830 | 8,066,590 | |||||||||||||||||||||||
| Retail Loans | HUF mil | ... | ... | ... | ... | 4,955,640 | 4,469,920 | 4,095,540 | 4,615,350 | 4,973,000 | |||||||||||||||||||
| Mortgage Loans | HUF mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 2,590,330 | 2,333,340 | 2,357,610 | 2,456,350 | 2,568,640 | |||||||
| Consumer Loans | HUF mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 2,365,310 | 2,136,580 | 1,737,930 | 2,159,000 | 2,404,360 | |||||||
| Corporate Loans | HUF mil | ... | ... | ... | ... | 1,976,250 | 1,897,870 | 2,538,320 | 3,111,120 | 3,746,350 | |||||||||||||||||||
| Investments | HUF mil | 1,837,800 | 2,485,940 | 2,752,230 | 3,779,700 | 3,740,440 | |||||||||||||||||||||||
| Property and Equipment | HUF mil | 206,440 | 193,661 | 193,485 | 237,321 | 253,773 | |||||||||||||||||||||||
| Intangible Assets | HUF mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | 158,721 | 155,809 | 162,031 | 176,069 | 166,711 | ||||||||||||||
| Goodwill | HUF mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 101,062 | 95,994 | 104,282 | 100,976 | 91,766 | ||||||||
| Total Assets | HUF mil | 10,971,100 | 10,718,800 | 11,209,000 | 13,190,200 | 14,590,300 | |||||||||||||||||||||||
| Shareholders' Equity | HUF mil | 1,264,170 | 1,233,660 | 1,420,650 | 1,640,060 | 1,826,660 | |||||||||||||||||||||||
| Of Which Minority Interest | HUF mil | 3,349 | 2,651 | 3,292 | 3,465 | 2,452 | |||||||||||||||||||||||
| Liabilities | HUF mil | 9,706,890 | 9,485,190 | 9,788,390 | 11,550,200 | 12,763,600 | |||||||||||||||||||||||
| Interbank Borrowing | HUF mil | 708,274 | 533,310 | 543,775 | 472,068 | 392,706 | |||||||||||||||||||||||
| Customer Deposits | HUF mil | 7,673,480 | 7,984,580 | 8,540,580 | 10,233,500 | 11,285,100 | |||||||||||||||||||||||
| Sight Deposits | HUF mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ||||
| Term Deposits | HUF mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 7,500,030 | 7,863,630 | 8,393,870 | 9,999,110 | 11,018,000 | ... | ||||||||||
| Issued Debt Securities | HUF mil | 549,052 | 474,160 | 224,358 | 326,348 | 499,395 | |||||||||||||||||||||||
| Subordinated Debt | HUF mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | 281,968 | 234,784 | 77,458 | 76,028 | 81,429 | ||||||||||||||
| Other Liabilities | HUF mil | 776,082 | 493,140 | 479,676 | 518,286 | 586,445 | |||||||||||||||||||||||
| asset quality | |||||||||||||||||||||||||||||
| Non-Performing Loans | HUF mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 1,339,210 | 1,085,690 | 1,148,310 | 840,940 | 827,461 | |||||||||||||
| Gross Loans | HUF mil | 6,993,330 | 6,423,590 | 6,680,500 | 7,726,630 | 8,719,340 | |||||||||||||||||||||||
| Risk-Weighted Assets | HUF mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 6,859,440 | 6,576,260 | 6,730,470 | 8,389,920 | 9,488,920 | |||||||||
| Total Provisions | HUF mil | 1,129,080 | 1,013,620 | 944,273 | 738,796 | 652,751 | |||||||||||||||||||||||
| growth rates | |||||||||||||||||||||||||||||
| Customer Loan Growth | % | ... | -6.10 | -7.75 | 6.03 | 21.8 | 15.4 | ||||||||||||||||||||||
| Retail Loan Growth | % | ... | ... | ... | ... | ... | ... | -0.721 | -9.80 | -8.38 | 12.7 | 7.75 | |||||||||||||||||
| Mortgage Loan Growth | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | -1.25 | -9.92 | 1.04 | 4.19 | 4.57 | ||||||
| Consumer Loan Growth | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | -0.135 | -9.67 | -18.7 | 24.2 | 11.4 | ||||||
| Corporate Loan Growth | % | ... | ... | ... | ... | ... | ... | -9.23 | -3.97 | 33.7 | 22.6 | 20.4 | |||||||||||||||||
| Total Asset Growth | % | ... | 5.68 | -2.30 | 4.57 | 17.7 | 10.6 | ||||||||||||||||||||||
| Shareholders' Equity Growth | % | ... | -16.2 | -2.41 | 15.2 | 15.4 | 11.4 | ||||||||||||||||||||||
| Customer Deposit Growth | % | ... | 11.8 | 4.05 | 6.96 | 19.8 | 10.3 |
| ratios | Unit | 1993 | 1994 | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 |
| ROE | % | ... | 8.54 | 7.32 | 14.1 | 18.6 | 20.0 | ||||||||||||||||||||||
| ROTE | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 9.79 | 8.37 | 16.0 | 20.9 | 22.2 | |||||||||||||
| ROE (@ 15% of RWA) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 11.2 | 9.07 | 18.8 | 25.1 | 25.9 | ||||||||
| ROA | % | ... | 1.11 | 0.843 | 1.71 | 2.33 | 2.50 | ||||||||||||||||||||||
| Return on Loans | % | 1.96 | 1.62 | 3.36 | 4.47 | 4.61 | |||||||||||||||||||||||
| Operating Profit (As % of RWA) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 8.33 | 6.80 | 5.19 | 5.35 | 5.23 | ||||||||
| Costs (As % Of Assets) | % | ... | 4.65 | 4.66 | 4.62 | 4.35 | 4.18 | ||||||||||||||||||||||
| Costs (As % Of Income) | % | 45.8 | 52.6 | 59.5 | 56.8 | 55.4 | |||||||||||||||||||||||
| Costs (As % Of Loans) | % | ... | 8.20 | 8.97 | 9.09 | 8.34 | 7.72 | ||||||||||||||||||||||
| Costs (As % Of Loans & Deposits) | % | ... | 3.73 | 3.76 | 3.66 | 3.37 | 3.18 | ||||||||||||||||||||||
| Capital Adequacy Ratio | % | ... | ... | ... | ... | ... | ... | ... | ... | 17.5 | 16.2 | 18.2 | 14.6 | 15.3 | |||||||||||||||
| Tier 1 Ratio | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | 14.1 | 13.3 | 15.8 | 12.7 | 13.6 | ||||||||||||||
| Net Interest Margin | % | ... | 6.00 | 5.11 | 4.77 | 4.57 | 4.54 | ||||||||||||||||||||||
| Interest Spread | % | ... | 5.62 | 4.80 | 4.55 | 4.44 | 4.40 | ||||||||||||||||||||||
| Asset Yield | % | ... | 8.56 | 7.43 | 6.32 | 5.50 | 5.50 | ||||||||||||||||||||||
| Revenues (As % of RWA) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 15.4 | 14.3 | 12.8 | 12.4 | 11.7 | ||||||||
| Cost Of Liabilities | % | ... | 2.94 | 2.63 | 1.76 | 1.06 | 1.10 | ||||||||||||||||||||||
| Payout Ratio | % | ... | 33.8 | 50.5 | 28.4 | 21.5 | 17.7 | ||||||||||||||||||||||
| Interest Income (As % Of Revenues) | % | 59.1 | 57.5 | 61.4 | 59.6 | 60.2 | |||||||||||||||||||||||
| Fee Income (As % Of Revenues) | % | 19.9 | 22.2 | 26.2 | 27.9 | 26.5 | |||||||||||||||||||||||
| Other Income (As % Of Revenues) | % | 21.0 | 20.2 | 12.4 | 12.4 | 13.4 | |||||||||||||||||||||||
| Staff Cost (As % Of Total Cost) | % | 41.5 | 37.1 | 37.8 | 40.3 | 43.2 | |||||||||||||||||||||||
| Equity (As % Of Assets) | % | 11.5 | 11.5 | 12.7 | 12.4 | 12.5 | |||||||||||||||||||||||
| Equity (As % Of Loans) | % | 21.6 | 22.8 | 24.8 | 23.5 | 22.6 | |||||||||||||||||||||||
| Loans (As % Of Deposits) | % | 76.4 | 67.8 | 67.2 | 68.3 | 71.5 | |||||||||||||||||||||||
| Loans (As % Assets) | % | 53.5 | 50.5 | 51.2 | 53.0 | 55.3 | |||||||||||||||||||||||
| NPLs (As % Of Loans) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 19.1 | 16.9 | 17.2 | 10.9 | 9.49 | |||||||||||||
| Provisions (As % Of NPLs) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 84.3 | 93.4 | 82.2 | 87.9 | 78.9 | |||||||||||||
| Provisions (As % Of Loans) | % | 19.3 | 18.7 | 16.5 | 10.6 | 8.09 | |||||||||||||||||||||||
| Cost of Provisions (As % Of Loans) | % | ... | 7.38 | 5.65 | 1.68 | 0.642 | 0.522 |
| other data | Unit | 1993 | 1994 | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 |
| Branches | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 1,421 | 1,340 | 1,302 | 1,488 | 1,411 | ||||
| ATMs | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 3,927 | 4,340 | 4,339 | |||
| ATMs (As % of Bank Branches) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 302 | 292 | 308 | ||
| Employees | 35,919 | 31,713 | 38,575 | 41,514 | 41,128 | ||||||||||||||||||||||||
| Employees Per Bank Branch | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 25.3 | 23.7 | 29.6 | 27.9 | 29.1 | ||||
| Cost Per Employee | USD per month | 2,007 | 1,801 | 1,425 | 1,554 | 1,885 | |||||||||||||||||||||||
| Cost Per Employee (Local Currency) | HUF per month | 478,704 | 493,504 | 413,571 | 429,345 | 508,658 | |||||||||||||||||||||||
| Employee Turnover | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 32.7 | ... | |||||
| Women (As % of Workforce) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 79.0 | 79.0 | 81.0 | 78.0 | 75.0 | ... | |||
| Women (As % of Management) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 30.0 | 19.0 | 19.0 | 29.0 | ... |
| customer breakdown | Unit | 1993 | 1994 | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 |
| Customers | mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | |
| Market Value per Customer (Local Currency) | HUF | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | |
| Revenue per Customer (Local Currency) | HUF | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | |
| Net Profit per Customer (Local Currency) | HUF | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | |
| Loan per Customer (Local Currency) | HUF | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | |
| Deposit per Customer (Local Currency) | HUF | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | |
| Market Value per Customer | USD | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | |
| Revenue per Customer | USD | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | |
| Net Profit per Customer | USD | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | |
| Loan per Customer | USD | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | |
| Deposit per Customer | USD | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
Get all company financials in excel:
By Helgi Library - March 25, 2021
OTP Group's non-performing loans reached 6.16% of total loans at the end of 2020-12-31, up from 6.10% compared to the previous year. Historically, the NPL ratio hit an all time high of 21.5% in 2014-09-30 and an all time low of 4.07% in 2008-03-31. Provisio...
By Helgi Library - March 25, 2021
OTP Group's net interest margin amounted to 3.45% in the fourth quarter of 2020, down from 3.48% when compared to the previous quarter. Historically, the bank’s net interest margin reached an all time high of 7.82% in 2Q2008 and an all time low of 1.89%...
By Helgi Library - March 25, 2021
OTP Group's net interest margin amounted to 3.45% in the fourth quarter of 2020, down from 3.48% when compared to the previous quarter. Historically, the bank’s net interest margin reached an all time high of 7.82% in 2Q2008 and an all time low of 1.89%...
By Helgi Library - March 25, 2021
OTP Group's customer loans reached HUF 6,987,830 mil in 2017-12-31, up 4.38% compared to the previous year. Hungarian banking sector provided customer loans of HUF 18,127 bil in 2017-12-31, up 0.243% when compared to the last year. OTP Group accounted for...
By Helgi Library - March 25, 2021
OTP Group's customer loans reached HUF 6,987,830 mil in 2017-12-31, up 4.38% compared to the previous year. Hungarian banking sector provided customer loans of HUF 18,127 bil in 2017-12-31, up 0.243% when compared to the last year. OTP Group accounted for...
By Helgi Library - March 25, 2021
OTP Group's cost to income ratio reached 51.6% in the fourth quarter of 2020, down from 51.7% when compared to the previous quarter. Historically, the bank’s costs reached an all time high of 66.1% of income in 1Q2020 and an all time low of 38.7% in 1Q2014. ...
By Helgi Library - March 25, 2021
OTP Group's cost to income ratio reached 51.6% in the fourth quarter of 2020, down from 51.7% when compared to the previous quarter. Historically, the bank’s costs reached an all time high of 66.1% of income in 1Q2020 and an all time low of 38.7% in 1Q2014. ...
By Helgi Library - March 25, 2021
OTP Group's loans reached HUF 13,312,100 mil in the fourth quarter of 2020, down from HUF 13,993,500 mil when compared to the previous quarter and up from HUF 12,573,600 mil when compared to the same period of last year. Historically, the bank’s loa...
By Helgi Library - March 25, 2021
OTP Group's loans reached HUF 13,312,100 mil in the fourth quarter of 2020, down from HUF 13,993,500 mil when compared to the previous quarter and up from HUF 12,573,600 mil when compared to the same period of last year. Historically, the bank’s loa...
By Helgi Library - March 25, 2021
OTP Group made a net profit of HUF 59,732 mil in the fourth quarter of 2020, down 45.9% when compared to the same period of last year. This implies a return on equity of 9.54%. Historically, the bank’s net profit reached an all time high of HUF 168,600 mil in 3Q2...
OTP Bank Nyrt is a Hungary-based commercial bank. The bank remains the largest universal bank in Hungary with a roughly a 30% market share in retail banking. Following years of aggressive expansion, however, the OTP Group currently operates in 8 countries of the CEE region, namely in Slovakia, Bulgaria, Serbia, Romania, Croatia, Ukraine, Montenegro and Russia. In 2012, OTP Group had more than 36,000 employees and served approximately 13 mil clients through over 1,400 branches. The bank went public in 1995, and the share of the state in the bank capital decreased to one preferential golden share, which also eliminated shortly thereafter. OTP has a high free float accounting for two thirds of its shares. Among the main minority shareholders are one of the Forbes billionaire Megdet Rahimkulov, Hungarian MOL and French Groupama
OTP Group has been growing its revenues and asset by 4.50% and 9.08% a year on average in the last 10 years. Its loans and deposits have grown by 6.35% and 11.9% a year during that time and loans to deposits ratio reached 69.7% at the end of 2020. The company achieved an average return on equity of 13.0% in the last decade with net profit growing 7.60% a year on average. In terms of operating efficiency, its cost to income ratio reached 55.4% in 2020, compared to 51.1% average in the last decade.
Equity represented 10.9% of total assets or 20.3% of loans at the end of 2020. OTP Group's non-performing loans were 6.16% of total loans while provisions covered some 102% of NPLs at the end of 2020.
OTP Group stock traded at per share at the end of 2020 resulting in a market capitalization of . Over the previous three years, stock price rose by 0% or 0% a year on average. That’s compared to an average ROE of 17.4% the bank generated for its shareholders. This closing price put stock at a 12-month trailing price to earnings (PE) of 12.5x and price to book value (PBV) of 1.36x in 2020.
Helgi Library 
