Financial highlights
Consolidated financial highlights and share data
Main components of the Statement of recognised income in HUF million
3Q 2022 | 2Q 2023 | 3Q 2023 | Q-o-Q | Y-o-Y | |
---|---|---|---|---|---|
Consolidated after tax profit | 189 246 | 382 050 | 281 067 | -26% | 49% |
Adjustments (after tax) (total) | 871 | 98 110 | -26 470 | -127% | |
Consolidated adjusted after tax profit | 188 374 | 283 940 | 307 537 | 8% | 63% |
Pre-tax profit | 215 189 | 334 680 | 360 196 | 8% | 67% |
Operating profit | 247 152 | 325 207 | 363 442 | 12% | 47% |
Total income | 450 285 | 547 454 | 597 805 | 9% | 33% |
Net interest income | 290 884 | 340 808 | 381 778 | 12% | 31% |
Net fees and commissions | 106 075 | 117 681 | 125 172 | 6% | 18% |
Other net non-interest income | 53 327 | 88 965 | 90 855 | 2% | 70% |
Operating expenses | -203 133 | -222 248 | -234 363 | 5% | 15% |
Total risk costs | -31 963 | 9 473 | -3 246 | -134% | -90% |
Corporate taxes | -26 815 | -50 740 | -52 659 | 4% | 96% |
3Q 2022
2Q 2023
3Q 2023
Q-o-Q
Y-o-Y
- Consolidated after tax profit189 246
- Adjustments (after tax) (total)871
- Consolidated adjusted after tax profit188 374
- Pre-tax profit215 189
- Operating profit247 152
- Total income450 285
- Net interest income290 884
- Net fees and commissions106 075
- Other net non-interest income53 327
- Operating expenses-203 133
- Total risk costs-31 963
- Corporate taxes-26 815
- Consolidated after tax profit382 050
- Adjustments (after tax) (total)98 110
- Consolidated adjusted after tax profit283 940
- Pre-tax profit334 680
- Operating profit325 207
- Total income547 454
- Net interest income340 808
- Net fees and commissions117 681
- Other net non-interest income88 965
- Operating expenses-222 248
- Total risk costs9 473
- Corporate taxes-50 740
- Consolidated after tax profit281 067
- Adjustments (after tax) (total)-26 470
- Consolidated adjusted after tax profit307 537
- Pre-tax profit360 196
- Operating profit363 442
- Total income597 805
- Net interest income381 778
- Net fees and commissions125 172
- Other net non-interest income90 855
- Operating expenses-234 363
- Total risk costs-3 246
- Corporate taxes-52 659
- Consolidated after tax profit-26%
- Adjustments (after tax) (total)-127%
- Consolidated adjusted after tax profit8%
- Pre-tax profit8%
- Operating profit12%
- Total income9%
- Net interest income12%
- Net fees and commissions6%
- Other net non-interest income2%
- Operating expenses5%
- Total risk costs-134%
- Corporate taxes4%
- Consolidated after tax profit49%
- Adjustments (after tax) (total)
- Consolidated adjusted after tax profit63%
- Pre-tax profit67%
- Operating profit47%
- Total income33%
- Net interest income31%
- Net fees and commissions18%
- Other net non-interest income70%
- Operating expenses15%
- Total risk costs-90%
- Corporate taxes96%
Main components of the adjusted balance sheet (closing balances in HUF million)
3Q 2022 | 2Q 2023 | 3Q 2023 | Q-o-Q | Y-o-Y | |
---|---|---|---|---|---|
Total assets | 34 022 405 | 36 866 660 | 39 574 032 | 7% | 16% |
Total customer loans (net, FX adjusted) | 18 081 776 | 21 357 235 | 21 533 503 | 1% | 19% |
Total customer loans (gross, FX adjusted) | 19 056 161 | 22 375 498 | 22 554 157 | 1% | 18% |
Performing (Stage 1+2) customer loans (gross, FX-adjusted) | 18 121 423 | 21 450 524 | 21 583 835 | 1% | 19% |
Allowances for possible loan losses (FX adjusted) | -974 386 | -1 018 264 | -1 020 654 | 0% | 5% |
Total customer deposits (FX adjusted) | 24 246 513 | 27 938 520 | 28 968 037 | 4% | 19% |
Issued securities | 587 987 | 1 727 388 | 2 082 052 | 21% | 254% |
Subordinated loans | 317 367 | 552 883 | 584 626 | 6% | 84% |
Total shareholders' equity | 3 452 448 | 3 595 500 | 4 006 741 | 11% | 16% |
3Q 2022
2Q 2023
3Q 2023
Q-o-Q
Y-o-Y
- Total assets34 022 405
- Total customer loans (net, FX adjusted)18 081 776
- Total customer loans (gross, FX adjusted)19 056 161
- Performing (Stage 1+2) customer loans (gross, FX-adjusted)18 121 423
- Allowances for possible loan losses (FX adjusted)-974 386
- Total customer deposits (FX adjusted)24 246 513
- Issued securities587 987
- Subordinated loans317 367
- Total shareholders' equity3 452 448
- Total assets36 866 660
- Total customer loans (net, FX adjusted)21 357 235
- Total customer loans (gross, FX adjusted)22 375 498
- Performing (Stage 1+2) customer loans (gross, FX-adjusted)21 450 524
- Allowances for possible loan losses (FX adjusted)-1 018 264
- Total customer deposits (FX adjusted)27 938 520
- Issued securities1 727 388
- Subordinated loans552 883
- Total shareholders' equity3 595 500
- Total assets39 574 032
- Total customer loans (net, FX adjusted)21 533 503
- Total customer loans (gross, FX adjusted)22 554 157
- Performing (Stage 1+2) customer loans (gross, FX-adjusted)21 583 835
- Allowances for possible loan losses (FX adjusted)-1 020 654
- Total customer deposits (FX adjusted)28 968 037
- Issued securities2 082 052
- Subordinated loans584 626
- Total shareholders' equity4 006 741
- Total assets7%
- Total customer loans (net, FX adjusted)1%
- Total customer loans (gross, FX adjusted)1%
- Performing (Stage 1+2) customer loans (gross, FX-adjusted)1%
- Allowances for possible loan losses (FX adjusted)0%
- Total customer deposits (FX adjusted)4%
- Issued securities21%
- Subordinated loans6%
- Total shareholders' equity11%
- Total assets16%
- Total customer loans (net, FX adjusted)19%
- Total customer loans (gross, FX adjusted)18%
- Performing (Stage 1+2) customer loans (gross, FX-adjusted)19%
- Allowances for possible loan losses (FX adjusted)5%
- Total customer deposits (FX adjusted)19%
- Issued securities254%
- Subordinated loans84%
- Total shareholders' equity16%
Indicators based on adjusted earnings %
3Q 2022 | 2Q 2023 | 3Q 2023 | Q-o-Q | Y-o-Y | |
---|---|---|---|---|---|
ROE (from after tax profit) | 22.9% | 45.1% | 29.4% | -15.7%p | 6.5%p |
ROE (from adjusted profit after tax) | 22.8% | 33.5% | 32.2% | -1.3%p | 9.4%p |
ROA (from adjusted profit after tax) | 2.3% | 3.1% | 3.2% | 0.0%p | 0.9%p |
Operating profit margin | 3.00% | 3.60% | 3.77% | 0.17%p | 0.77%p |
Total income margin | 5.46% | 6.06% | 6.20% | 0.14%p | 0.74%p |
Net interest margin | 3.53% | 3.77% | 3.96% | 0.19%p | 0.43%p |
Cost-to-asset ratio | 2.46% | 2.46% | 2.43% | -0.03%p | -0.03%p |
Cost/income ratio | 45.1% | 40.6% | 39.2% | -1.4%p | -5.9%p |
Provision for impairment on loan losses-to-average gross loans ratio | 0.55% | -0.06% | 0.04% | 0.10%p | -0.51%p |
Total risk cost-to-asset ratio | 0.39% | -0.10% | 0.03% | 0.14%p | -0.35%p |
Effective tax rate | 12.5% | 15.2% | 14.6% | -0.5%p | 2.2%p |
Net loan/(deposit+retail bond) ratio (FX adjusted) | 75% | 76% | 74.% | -2%p | -1%p |
Capital adequacy ratio (consolidated, IFRS) - Basel3 | 18.1% | 17.9% | 18.8% | 0.8%p | 0.6%p |
Tier1 ratio - Basel3 | 16.7% | 15.6% | 16.4% | 0.8%p | -0.3%p |
Common Equity Tier 1 ('CET1') ratio - Basel3 | 16.7% | 15.6% | 16.4% | 0.8%p | -0.3%p |
3Q 2022
2Q 2023
3Q 2023
Q-o-Q
Y-o-Y
- ROE (from after tax profit)22.9%
- ROE (from adjusted profit after tax)22.8%
- ROA (from adjusted profit after tax)2.3%
- Operating profit margin3.00%
- Total income margin5.46%
- Net interest margin3.53%
- Cost-to-asset ratio2.46%
- Cost/income ratio45.1%
- Provision for impairment on loan losses-to-average gross loans ratio0.55%
- Total risk cost-to-asset ratio0.39%
- Effective tax rate12.5%
- Net loan/(deposit+retail bond) ratio (FX adjusted)75%
- Capital adequacy ratio (consolidated, IFRS) - Basel318.1%
- Tier1 ratio - Basel316.7%
- Common Equity Tier 1 ('CET1') ratio - Basel316.7%
- ROE (from after tax profit)45.1%
- ROE (from adjusted profit after tax)33.5%
- ROA (from adjusted profit after tax)3.1%
- Operating profit margin3.60%
- Total income margin6.06%
- Net interest margin3.77%
- Cost-to-asset ratio2.46%
- Cost/income ratio40.6%
- Provision for impairment on loan losses-to-average gross loans ratio-0.06%
- Total risk cost-to-asset ratio-0.10%
- Effective tax rate15.2%
- Net loan/(deposit+retail bond) ratio (FX adjusted)76%
- Capital adequacy ratio (consolidated, IFRS) - Basel317.9%
- Tier1 ratio - Basel315.6%
- Common Equity Tier 1 ('CET1') ratio - Basel315.6%
- ROE (from after tax profit)29.4%
- ROE (from adjusted profit after tax)32.2%
- ROA (from adjusted profit after tax)3.2%
- Operating profit margin3.77%
- Total income margin6.20%
- Net interest margin3.96%
- Cost-to-asset ratio2.43%
- Cost/income ratio39.2%
- Provision for impairment on loan losses-to-average gross loans ratio0.04%
- Total risk cost-to-asset ratio0.03%
- Effective tax rate14.6%
- Net loan/(deposit+retail bond) ratio (FX adjusted)74.%
- Capital adequacy ratio (consolidated, IFRS) - Basel318.8%
- Tier1 ratio - Basel316.4%
- Common Equity Tier 1 ('CET1') ratio - Basel316.4%
- ROE (from after tax profit)-15.7%p
- ROE (from adjusted profit after tax)-1.3%p
- ROA (from adjusted profit after tax)0.0%p
- Operating profit margin0.17%p
- Total income margin0.14%p
- Net interest margin0.19%p
- Cost-to-asset ratio-0.03%p
- Cost/income ratio-1.4%p
- Provision for impairment on loan losses-to-average gross loans ratio0.10%p
- Total risk cost-to-asset ratio0.14%p
- Effective tax rate-0.5%p
- Net loan/(deposit+retail bond) ratio (FX adjusted)-2%p
- Capital adequacy ratio (consolidated, IFRS) - Basel30.8%p
- Tier1 ratio - Basel30.8%p
- Common Equity Tier 1 ('CET1') ratio - Basel30.8%p
- ROE (from after tax profit)6.5%p
- ROE (from adjusted profit after tax)9.4%p
- ROA (from adjusted profit after tax)0.9%p
- Operating profit margin0.77%p
- Total income margin0.74%p
- Net interest margin0.43%p
- Cost-to-asset ratio-0.03%p
- Cost/income ratio-5.9%p
- Provision for impairment on loan losses-to-average gross loans ratio-0.51%p
- Total risk cost-to-asset ratio-0.35%p
- Effective tax rate2.2%p
- Net loan/(deposit+retail bond) ratio (FX adjusted)-1%p
- Capital adequacy ratio (consolidated, IFRS) - Basel30.6%p
- Tier1 ratio - Basel3-0.3%p
- Common Equity Tier 1 ('CET1') ratio - Basel3-0.3%p
Share Data
3Q 2022 | 2Q 2023 | 3Q 2023 | Q-o-Q | Y-o-Y | |
---|---|---|---|---|---|
EPS diluted (HUF) (from after tax profit) | 702 | 1 428 | 1 049 | -27% | 49% |
EPS diluted (HUF) (from adjusted profit after tax) | 701 | 1 062 | 1 151 | 8% | 64% |
Closing price (HUF) | 7 908 | 12 130 | 13 300 | 10% | 68% |
Highest closing price (HUF) | 9 520 | 12 175 | 14 695 | 21% | 54% |
Lowest closing price (HUF) | 7 854 | 9 482 | 11 605 | 22% | 48% |
Market Capitalization (EUR billion) | 5.3 | 9.2 | 9.5 | 4% | 81% |
Book Value Per Share (HUF) | 12 853 | 13 445 | 14 993 | 12% | 17% |
Tangible Book Value Per Share (HUF) | 12 245 | 12 782 | 14 290 | 12% | 17% |
Price/Book Value | 0.6 | 0.9 | 0.9 | -2% | 44% |
Price/Tangible Book Value | 0.6 | 0.9 | 0.9 | -2% | 44% |
P/E (trailing, from after tax profit) | 6.3 | 3.9 | 3.8 | -1% | -39% |
P/E (trailing, from adjusted profit after tax) | 3.9 | 4.2 | 4.0 | -4% | 1% |
Average daily turnover (EUR million) | 12 | 13 | 17 | 39% | 43% |
Average daily turnover (million share) | 0.6 | 0.4 | 0.5 | 19% | -13% |
3Q 2022
2Q 2023
3Q 2023
Q-o-Q
Y-o-Y
- EPS diluted (HUF) (from after tax profit)702
- EPS diluted (HUF) (from adjusted profit after tax)701
- Closing price (HUF)7 908
- Highest closing price (HUF)9 520
- Lowest closing price (HUF)7 854
- Market Capitalization (EUR billion)5.3
- Book Value Per Share (HUF)12 853
- Tangible Book Value Per Share (HUF)12 245
- Price/Book Value0.6
- Price/Tangible Book Value0.6
- P/E (trailing, from after tax profit)6.3
- P/E (trailing, from adjusted profit after tax)3.9
- Average daily turnover (EUR million)12
- Average daily turnover (million share)0.6
- EPS diluted (HUF) (from after tax profit)1 428
- EPS diluted (HUF) (from adjusted profit after tax)1 062
- Closing price (HUF)12 130
- Highest closing price (HUF)12 175
- Lowest closing price (HUF)9 482
- Market Capitalization (EUR billion)9.2
- Book Value Per Share (HUF)13 445
- Tangible Book Value Per Share (HUF)12 782
- Price/Book Value0.9
- Price/Tangible Book Value0.9
- P/E (trailing, from after tax profit)3.9
- P/E (trailing, from adjusted profit after tax)4.2
- Average daily turnover (EUR million)13
- Average daily turnover (million share)0.4
- EPS diluted (HUF) (from after tax profit)1 049
- EPS diluted (HUF) (from adjusted profit after tax)1 151
- Closing price (HUF)13 300
- Highest closing price (HUF)14 695
- Lowest closing price (HUF)11 605
- Market Capitalization (EUR billion)9.5
- Book Value Per Share (HUF)14 993
- Tangible Book Value Per Share (HUF)14 290
- Price/Book Value0.9
- Price/Tangible Book Value0.9
- P/E (trailing, from after tax profit)3.8
- P/E (trailing, from adjusted profit after tax)4.0
- Average daily turnover (EUR million)17
- Average daily turnover (million share)0.5
- EPS diluted (HUF) (from after tax profit)-27%
- EPS diluted (HUF) (from adjusted profit after tax)8%
- Closing price (HUF)10%
- Highest closing price (HUF)21%
- Lowest closing price (HUF)22%
- Market Capitalization (EUR billion)4%
- Book Value Per Share (HUF)12%
- Tangible Book Value Per Share (HUF)12%
- Price/Book Value-2%
- Price/Tangible Book Value-2%
- P/E (trailing, from after tax profit)-1%
- P/E (trailing, from adjusted profit after tax)-4%
- Average daily turnover (EUR million)39%
- Average daily turnover (million share)19%
- EPS diluted (HUF) (from after tax profit)49%
- EPS diluted (HUF) (from adjusted profit after tax)64%
- Closing price (HUF)68%
- Highest closing price (HUF)54%
- Lowest closing price (HUF)48%
- Market Capitalization (EUR billion)81%
- Book Value Per Share (HUF)17%
- Tangible Book Value Per Share (HUF)17%
- Price/Book Value44%
- Price/Tangible Book Value44%
- P/E (trailing, from after tax profit)-39%
- P/E (trailing, from adjusted profit after tax)1%
- Average daily turnover (EUR million)43%
- Average daily turnover (million share)-13%
For further information please view the following pages
Annual reports
Annual reports of OTP Bank
Read moreBSE quarterly reports
Regular BSE quarterly reports, interim management reports and the condensed IFRS financial reports
Read moreIFRS reports
Financial statements in accordance with International Financial Reporting Standards (IFRS)
Read moreSustainability reports
Sustainability reports reviewing the corporate responsibility activities of the OTP Group
Read moreCorporate governance reports
Corporate governance reports providing annual discloure on the corporate governance system of OTP Bank
Read moreDisclosure requirement
Disclosure requirement according to Basel II
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