Financial highlights
Consolidated financial highlights and share data
Main components of the Statement of recognised income in HUF million
3Q 2021 | 2Q 2022 | 3Q 2022 | Q-o-Q | Y-o-Y | |
---|---|---|---|---|---|
Consolidated after tax profit | 120 173 | 76 057 | 189 246 | 149% | 57% |
Adjustments (after tax) (total) | -7 119 | -86 071 | 871 | -101% | -112% |
Consolidated adjusted after tax profit | 127 293 | 162 128 | 188 374 | 16% | 48% |
Pre-tax profit | 151 023 | 175 374 | 215 189 | 23% | 42% |
Operating profit | 176 010 | 207 209 | 247 152 | 19% | 40% |
Total income | 333 097 | 393 939 | 450 285 | 14% | 35% |
Net interest income | 222 685 | 266 417 | 290 884 | 9% | 31% |
Net fees and commissions | 86 016 | 95 792 | 106 075 | 11% | 23% |
Other net non-interest income | 24 396 | 31 730 | 53 327 | 68% | 119% |
Operating expenses | -157 087 | -186 730 | -203 133 | 9% | 29% |
Total risk costs | -24 988 | -31 836 | -31 963 | 0% | 28% |
Corporate taxes | -23 730 | -13 246 | -26 815 | 102% | 13% |
3Q 2021
2Q 2022
3Q 2022
Q-o-Q
Y-o-Y
- Consolidated after tax profit120 173
- Adjustments (after tax) (total)-7 119
- Consolidated adjusted after tax profit127 293
- Pre-tax profit151 023
- Operating profit176 010
- Total income333 097
- Net interest income222 685
- Net fees and commissions86 016
- Other net non-interest income24 396
- Operating expenses-157 087
- Total risk costs-24 988
- Corporate taxes-23 730
- Consolidated after tax profit76 057
- Adjustments (after tax) (total)-86 071
- Consolidated adjusted after tax profit162 128
- Pre-tax profit175 374
- Operating profit207 209
- Total income393 939
- Net interest income266 417
- Net fees and commissions95 792
- Other net non-interest income31 730
- Operating expenses-186 730
- Total risk costs-31 836
- Corporate taxes-13 246
- 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 profit149%
- Adjustments (after tax) (total)-101%
- Consolidated adjusted after tax profit16%
- Pre-tax profit23%
- Operating profit19%
- Total income14%
- Net interest income9%
- Net fees and commissions11%
- Other net non-interest income68%
- Operating expenses9%
- Total risk costs0%
- Corporate taxes102%
- Consolidated after tax profit57%
- Adjustments (after tax) (total)-112%
- Consolidated adjusted after tax profit48%
- Pre-tax profit42%
- Operating profit40%
- Total income35%
- Net interest income31%
- Net fees and commissions23%
- Other net non-interest income119%
- Operating expenses29%
- Total risk costs28%
- Corporate taxes13%
Main components of the adjusted balance sheet (closing balances in HUF million)
3Q 2021 | 2Q 2022 | 3Q 2022 | Q-o-Q | Y-o-Y | |
---|---|---|---|---|---|
Total assets | 26 180 508 | 30 822 224 | 34 022 405 | 10% | 30% |
Total customer loans (net, FX adjusted) | 16 869 906 | 18 618 974 | 19 479 826 | 5% | 15% |
Total customer loans (gross, FX adjusted) | 17 934 833 | 19 761 283 | 20 634 650 | 4% | 15% |
Performing (Stage 1+2) customer loans (gross, FX-adjusted) | 16 964 190 | 18 713 329 | 19 563 503 | 5% | 15% |
Allowances for possible loan losses (FX adjusted) | -1 064 927 | -1 142 310 | -1 154 824 | 1% | 8% |
Total customer deposits (FX adjusted) | 22 036 351 | 24 478 463 | 25 814 547 | 5% | 17% |
Issued securities | 498 312 | 405 398 | 587 987 | 45% | 18% |
Subordinated loans | 270 448 | 302 379 | 317 367 | 5% | 17% |
Total shareholders' equity | 2 700 692 | 3 168 305 | 3 452 448 | 9% | 28% |
3Q 2021
2Q 2022
3Q 2022
Q-o-Q
Y-o-Y
- Total assets26 180 508
- Total customer loans (net, FX adjusted)16 869 906
- Total customer loans (gross, FX adjusted)17 934 833
- Performing (Stage 1+2) customer loans (gross, FX-adjusted)16 964 190
- Allowances for possible loan losses (FX adjusted)-1 064 927
- Total customer deposits (FX adjusted)22 036 351
- Issued securities498 312
- Subordinated loans270 448
- Total shareholders' equity2 700 692
- Total assets30 822 224
- Total customer loans (net, FX adjusted)18 618 974
- Total customer loans (gross, FX adjusted)19 761 283
- Performing (Stage 1+2) customer loans (gross, FX-adjusted)18 713 329
- Allowances for possible loan losses (FX adjusted)-1 142 310
- Total customer deposits (FX adjusted)24 478 463
- Issued securities405 398
- Subordinated loans302 379
- Total shareholders' equity3 168 305
- Total assets34 022 405
- Total customer loans (net, FX adjusted)19 479 826
- Total customer loans (gross, FX adjusted)20 634 650
- Performing (Stage 1+2) customer loans (gross, FX-adjusted)19 563 503
- Allowances for possible loan losses (FX adjusted)-1 154 824
- Total customer deposits (FX adjusted)25 814 547
- Issued securities587 987
- Subordinated loans317 367
- Total shareholders' equity3 452 448
- Total assets10%
- Total customer loans (net, FX adjusted)5%
- Total customer loans (gross, FX adjusted)4%
- Performing (Stage 1+2) customer loans (gross, FX-adjusted)5%
- Allowances for possible loan losses (FX adjusted)1%
- Total customer deposits (FX adjusted)5%
- Issued securities45%
- Subordinated loans5%
- Total shareholders' equity9%
- Total assets30%
- Total customer loans (net, FX adjusted)15%
- Total customer loans (gross, FX adjusted)15%
- Performing (Stage 1+2) customer loans (gross, FX-adjusted)15%
- Allowances for possible loan losses (FX adjusted)8%
- Total customer deposits (FX adjusted)17%
- Issued securities18%
- Subordinated loans17%
- Total shareholders' equity28%
Indicators based on adjusted earnings %
3Q 2021 | 2Q 2022 | 3Q 2022 | Q-o-Q | Y-o-Y | |
---|---|---|---|---|---|
ROE (from after tax profit) | 17.3% | 10.2% | 22.9% | 12.7%p | 5.6%p |
ROE (from adjusted profit after tax) | 18.3% | 21.7% | 22.8% | 1.1%p | 4.5%p |
ROA (from adjusted profit after tax) | 2.0% | 2.2% | 2.3% | 0.1%p | 0.3%p |
Operating profit margin | 2.73% | 2.77% | 3.00% | 0.22%p | 0.26%p |
Total income margin | 5.17% | 5.27% | 5.46% | 0.19%p | 0.29%p |
Net interest margin | 3.46% | 3.57% | 3.53% | -0.04%p | 0.07%p |
Cost-to-asset ratio | 2.44% | 2.50% | 2.46% | -0.04%p | 0.02%p |
Cost/income ratio | 47.2% | 47.4% | 45.1% | -2.3%p | -2.0%p |
Provision for impairment on loan losses-to-average gross loans ratio | 0.38% | 0.36% | 0.55% | 0.19%p | 0.17%p |
Total risk cost-to-asset ratio | 0.39% | 0.43% | 0.39% | -0.04%p | 0.00%p |
Effective tax rate | 15.7% | 7.6% | 12.5% | 4.9%p | -3.3%p |
Net loan/(deposit+retail bond) ratio (FX adjusted) | 77% | 76% | 76% | -1%p | -1%p |
Capital adequacy ratio (consolidated, IFRS) - Basel3 | 17.0% | 17.9% | 17.8% | -0.1%p | 0.8%p |
Tier1 ratio - Basel3 | 15.4% | 16.4% | 16.4% | 0.0%p | 1.0%p |
Common Equity Tier 1 ('CET1') ratio - Basel3 | 15.4% | 16.4% | 16.4% | 0.0%p | 1.0%p |
3Q 2021
2Q 2022
3Q 2022
Q-o-Q
Y-o-Y
- ROE (from after tax profit)17.3%
- ROE (from adjusted profit after tax)18.3%
- ROA (from adjusted profit after tax)2.0%
- Operating profit margin2.73%
- Total income margin5.17%
- Net interest margin3.46%
- Cost-to-asset ratio2.44%
- Cost/income ratio47.2%
- Provision for impairment on loan losses-to-average gross loans ratio0.38%
- Total risk cost-to-asset ratio0.39%
- Effective tax rate15.7%
- Net loan/(deposit+retail bond) ratio (FX adjusted)77%
- Capital adequacy ratio (consolidated, IFRS) - Basel317.0%
- Tier1 ratio - Basel315.4%
- Common Equity Tier 1 ('CET1') ratio - Basel315.4%
- ROE (from after tax profit)10.2%
- ROE (from adjusted profit after tax)21.7%
- ROA (from adjusted profit after tax)2.2%
- Operating profit margin2.77%
- Total income margin5.27%
- Net interest margin3.57%
- Cost-to-asset ratio2.50%
- Cost/income ratio47.4%
- Provision for impairment on loan losses-to-average gross loans ratio0.36%
- Total risk cost-to-asset ratio0.43%
- Effective tax rate7.6%
- Net loan/(deposit+retail bond) ratio (FX adjusted)76%
- Capital adequacy ratio (consolidated, IFRS) - Basel317.9%
- Tier1 ratio - Basel316.4%
- Common Equity Tier 1 ('CET1') ratio - Basel316.4%
- 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)76%
- Capital adequacy ratio (consolidated, IFRS) - Basel317.8%
- Tier1 ratio - Basel316.4%
- Common Equity Tier 1 ('CET1') ratio - Basel316.4%
- ROE (from after tax profit)12.7%p
- ROE (from adjusted profit after tax)1.1%p
- ROA (from adjusted profit after tax)0.1%p
- Operating profit margin0.22%p
- Total income margin0.19%p
- Net interest margin-0.04%p
- Cost-to-asset ratio-0.04%p
- Cost/income ratio-2.3%p
- Provision for impairment on loan losses-to-average gross loans ratio0.19%p
- Total risk cost-to-asset ratio-0.04%p
- Effective tax rate4.9%p
- Net loan/(deposit+retail bond) ratio (FX adjusted)-1%p
- Capital adequacy ratio (consolidated, IFRS) - Basel3-0.1%p
- Tier1 ratio - Basel30.0%p
- Common Equity Tier 1 ('CET1') ratio - Basel30.0%p
- ROE (from after tax profit)5.6%p
- ROE (from adjusted profit after tax)4.5%p
- ROA (from adjusted profit after tax)0.3%p
- Operating profit margin0.26%p
- Total income margin0.29%p
- Net interest margin0.07%p
- Cost-to-asset ratio0.02%p
- Cost/income ratio-2.0%p
- Provision for impairment on loan losses-to-average gross loans ratio0.17%p
- Total risk cost-to-asset ratio0.00%p
- Effective tax rate-3.3%p
- Net loan/(deposit+retail bond) ratio (FX adjusted)-1%p
- Capital adequacy ratio (consolidated, IFRS) - Basel30.8%p
- Tier1 ratio - Basel31.0%p
- Common Equity Tier 1 ('CET1') ratio - Basel31.0%p
Share Data
3Q 2021 | 2Q 2022 | 3Q 2022 | Q-o-Q | Y-o-Y | |
---|---|---|---|---|---|
EPS diluted (HUF) (from after tax profit) | 468 | 282 | 702 | 149% | 50% |
EPS diluted (HUF) (from adjusted profit after tax) | 496 | 603 | 701 | 16% | 41% |
Closing price (HUF) | 18 200 | 8 422 | 7 908 | -6% | -57% |
Highest closing price (HUF) | 18 750 | 12 330 | 9 520 | -23% | -49% |
Lowest closing price (HUF) | 15 570 | 8 354 | 7 854 | -6% | -50% |
Market Capitalization (EUR billion) | 14.1 | 5.9 | 5.3 | -12% | -63% |
Book Value Per Share (HUF) | 9 645 | 11 315 | 12 330 | 9% | 28% |
Tangible Book Value Per Share (HUF) | 9 010 | 10 766 | 11 748 | 9% | 30% |
Price/Book Value | 1.9 | 0.7 | 0.6 | -14% | -66% |
Price/Tangible Book Value | 2.0 | 0.8 | 0.7 | -14% | -67% |
P/E (trailing, from after tax profit) | 12.5 | 8.3 | 6.3 | -24% | -50% |
P/E (trailing, from adjusted profit after tax) | 11.3 | 4.7 | 3.9 | -16% | -65% |
Average daily turnover (EUR million) | 14 | 25 | 12 | -51% | -14% |
Average daily turnover (million share) | 0.3 | 1.0 | 0.6 | -41% | 97% |
3Q 2021
2Q 2022
3Q 2022
Q-o-Q
Y-o-Y
- EPS diluted (HUF) (from after tax profit)468
- EPS diluted (HUF) (from adjusted profit after tax)496
- Closing price (HUF)18 200
- Highest closing price (HUF)18 750
- Lowest closing price (HUF)15 570
- Market Capitalization (EUR billion)14.1
- Book Value Per Share (HUF)9 645
- Tangible Book Value Per Share (HUF)9 010
- Price/Book Value1.9
- Price/Tangible Book Value2.0
- P/E (trailing, from after tax profit)12.5
- P/E (trailing, from adjusted profit after tax)11.3
- Average daily turnover (EUR million)14
- Average daily turnover (million share)0.3
- EPS diluted (HUF) (from after tax profit)282
- EPS diluted (HUF) (from adjusted profit after tax)603
- Closing price (HUF)8 422
- Highest closing price (HUF)12 330
- Lowest closing price (HUF)8 354
- Market Capitalization (EUR billion)5.9
- Book Value Per Share (HUF)11 315
- Tangible Book Value Per Share (HUF)10 766
- Price/Book Value0.7
- Price/Tangible Book Value0.8
- P/E (trailing, from after tax profit)8.3
- P/E (trailing, from adjusted profit after tax)4.7
- Average daily turnover (EUR million)25
- Average daily turnover (million share)1.0
- 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)12 330
- Tangible Book Value Per Share (HUF)11 748
- Price/Book Value0.6
- Price/Tangible Book Value0.7
- 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)149%
- EPS diluted (HUF) (from adjusted profit after tax)16%
- Closing price (HUF)-6%
- Highest closing price (HUF)-23%
- Lowest closing price (HUF)-6%
- Market Capitalization (EUR billion)-12%
- Book Value Per Share (HUF)9%
- Tangible Book Value Per Share (HUF)9%
- Price/Book Value-14%
- Price/Tangible Book Value-14%
- P/E (trailing, from after tax profit)-24%
- P/E (trailing, from adjusted profit after tax)-16%
- Average daily turnover (EUR million)-51%
- Average daily turnover (million share)-41%
- EPS diluted (HUF) (from after tax profit)50%
- EPS diluted (HUF) (from adjusted profit after tax)41%
- Closing price (HUF)-57%
- Highest closing price (HUF)-49%
- Lowest closing price (HUF)-50%
- Market Capitalization (EUR billion)-63%
- Book Value Per Share (HUF)28%
- Tangible Book Value Per Share (HUF)30%
- Price/Book Value-66%
- Price/Tangible Book Value-67%
- P/E (trailing, from after tax profit)-50%
- P/E (trailing, from adjusted profit after tax)-65%
- Average daily turnover (EUR million)-14%
- Average daily turnover (million share)97%
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
Read more