OTP Bank Nyrt operates in the Commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares OTP Bank Nyrt with three other
banks in Europe:
Aib Group Plc
of Ireland
(2017
sales of 3.32 billion Euro [US$4.07 billion]
of which 11%
was Group &International),
Powszechna Kasa Oszczednosci Bank Polski SA
of Poland
(15.32 billion Polish New Zlotys [US$4.50 billion]
of which 46%
was Retail Segment), and
Bankia SAU
which is
based in Spain
(3.64 billion Euro [US$4.47 billion]
of which 44%
was Individual Banking).
Sales Analysis.
OTP Bank Nyrt reported sales of 1.08 trillion Hungarian Forints (US$4.27 billion)
for the
year ending
December of 2017.
This
represents
an
increase of 3.8%
versus 2016, when the company's sales were 1.04 trillion Hungarian Forints.
Despite this increase, sales are still
below the level achieved in 2015, when OTP Bank Nyrt
reported sales of 1.21 trillion Hungarian Forints.
Sales of Asset Management and Other saw an increase
that was more than double the company's growth rate: sales were up
233.3% in 2017, from
8.20 billion Hungarian Forints to 27.34 billion Hungarian Forints.
OTP Bank Nyrt also saw significant increases in sales in
Russia (up 20.0% to 127.25 billion Hungarian Forints)
and
Croatia (up 102.4% to 63.64 billion Hungarian Forints)
and
Leasing Subsidiaries (up 5.7% to 18.01 billion Hungarian Forints)
.
Not all segments of OTP Bank Nyrt experienced an increase in sales in 2017:
sales of Other Subsidiaries fell 36.4% to 15.63 billion Hungarian Forints.
(However, this segment's sales were only a very small portion of the company's overall sales).
OTP Bank Nyrt also experienced decreases in sales in
Bulgaria (down 3.7% to 108.29 billion Hungarian Forints)
and
Ukraine (down 7.3% to 34.60 billion Hungarian Forints)
and
Slovakia (down 2.5% to 17.45 billion Hungarian Forints)
.