OTP Bank stock: OTP reports HUF 887 billion profit

Published on 11/13/2026 at 18:19 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

OTP Bank stock draws focus as lending and margins support earnings. Management kept its 2026 guidance unchanged after the nine-month update.

What drives OTP Bank's outlook

Foreign-exchange-adjusted performing loans grew 12 percent in the first nine months.
Net interest margin reached 4.61 percent, while operating expenses rose faster than core revenue.
Management left its 2026 guidance unchanged after reviewing the first nine months.
The next major outlook update is scheduled with annual results on March 5, 2027.

OTP Bank, HU0000061726, Illustration mit AI erstellt.

OTP Bank reported strong nine-month operating performance on Wednesday, November 11, 2026, as lending growth and wider margins supported the banking group. In its OTP Global Markets morning brief, the bank said profit after tax reached HUF 887 billion including the pro-rata effect of special items recognized upfront for the full year.

The reported nine-month profit was HUF 839 billion, while third-quarter profit after tax came to HUF 355 billion. The quarterly result exceeded analysts' expectations by 8 percent, according to the morning brief.

Loan growth broadens across markets

Foreign-exchange-adjusted performing loans grew 12 percent year to date after a 4 percent increase in the third quarter. Ukraine led regional growth with a 29 percent expansion, while performing loan volumes increased 14 percent in Hungary and 15 percent in Bulgaria.

OTP said the Hungarian and Bulgarian mortgage books each expanded by more than 20 percent. Under Hungary's Home Start subsidized mortgage scheme, OTP Bank recorded 25 percent year-to-date volume growth by the third quarter. Uzbek consumer loan volumes rose 16 percent.

Margins support unchanged guidance

Foreign-exchange-adjusted net interest income increased 19 percent year over year in the first nine months, while net fee and commission income rose 3 percent. Net interest margin reached 4.61 percent, an improvement of 31 basis points from a year earlier.

Operating expenses increased 10 percent on a reported basis and 15 percent after foreign-exchange adjustment. The normalized year-to-date cost-to-income ratio was 41.3 percent. Management made no change to its revised 2026 guidance.

Capital remains a focus

OTP Group's consolidated CET1 ratio stood at 17.8 percent at the end of the third quarter. Its MREL ratio was 27 percent against a minimum requirement of 23.9 percent, supporting the group's expansion across Central and Eastern Europe.

OTP Bank stock traded at 113.25 euros on Lang & Schwarz at 18:08 CET on Friday, November 13, 2026.