OTP Bank (Kyiv) reported nearly UAH 1.0 billion in net profit for January–March 2026, which is 16.2%, or UAH 0.19 billion, less than in the same period of 2025.
In the first quarter of 2026, the financial institution’s pre-tax profit amounted to UAH 1.99 billion, which is 25.4%, or UAH 0.40 billion, more than in the first quarter of 2025.
OTP Bank’s net interest income for the reporting period increased by 22.6%, or UAH 0.51 billion, to UAH 2.77 billion, while net fee and commission income rose by 18.0%, or UAH 49.4 million, to UAH 0.32 billion.
It is noted that in the first quarter of 2026, the bank’s profit from foreign currency transactions increased threefold to UAH 164.6 million, while the loss from foreign currency revaluation amounted to UAH 77.7 million, compared to a profit of UAH 249.0 million in the first quarter of 2025.
At the same time, OTP Bank recorded UAH 139.2 million in net profit from transactions with financial instruments measured at fair value in January–March of this year, compared to a loss of UAH 278.6 million for the same period in 2025, while impairment losses increased 2.1-fold—to UAH 322.2 million from UAH 151.0 million.
At the same time, the bank’s employee compensation expenses rose by 25.6% to UAH 644.4 million, while other administrative and operating expenses increased by 23.5% to UAH 208.4 million.
Since the beginning of the year, the bank has increased its loan portfolio by 8.5%, or UAH 3.86 billion, to UAH 49.38 billion. The bank’s total assets decreased by 2.5%, or by UAH 3.43 billion, to UAH 132.56 billion, while total liabilities decreased by 4.1%, or by UAH 4.55 billion, to UAH 105.46 billion.
The bank’s equity increased by 4.3%, or UAH 1.12 billion, during this period—to nearly UAH 27.1 billion, of which retained earnings amounted to UAH 18.65 billion.
According to the National Bank, as of January 1, 2026, with total assets of UAH 141.72 billion, OTP Bank ranked 10th among Ukraine’s 60 banks, and its net profit for 2025 amounted to UAH 5.45 billion.
