The net profit of the state-owned PrivatBank for the first three quarters of 2025 increased by 4.7% compared to the same period last year, to UAH 50.63 billion, which accounted for 42.4% of the total financial result of the banking system, according to data from the National Bank of Ukraine.
According to the regulator’s statistics, another state-owned bank, Oschadbank, with a net profit of UAH 13.88 billion, which is 17.3% more than the figure for the first nine months of last year, and Raiffeisenbank, with a net profit of UAH 1.2 billion, which is 17.3% more than the figure for the first – Oschadbank with a net profit of UAH 13.88 billion, which is 17.3% more than the figure for the first nine months of last year, as well as Raiffeisen Bank – UAH 7.33 billion, which is 19.2% more than last year’s figure.
In the top five most profitable banks, the state-owned Ukreximbank retained its fourth position with a net profit of UAH 6.96 billion, which is 18.5% more than last year, while Universal Bank (mono) came in fifth with UAH 5.10 billion, up 27.7% year-on-year.
In addition, in the third quarter of this year, Universal Bank surpassed Ukrsibbank in terms of total assets and ranked seventh among 60 banks in the market in terms of this indicator.
Positions six to ten were taken by banks whose financial results for the first three quarters of 2025 declined year-on-year.
PUMB took sixth place in the list with a net profit of UAH 4.79 billion, which is 7.6% less than last year, while Ukrsibbank moved to seventh place with a result of UAH 4.11 billion due to an 18.5% decrease in profit, and OTP Bank came in eighth, reducing its financial result by 6.5% to UAH 3.90 billion.
The ninth and tenth positions among the most profitable banks at the end of the first three quarters of the year were taken by the state-owned Ukrgasbank with a result of UAH 3.90 billion (-16.5%) and Credit Agricole Bank with a profit of UAH 3.63 billion (-29.0%), respectively.
Five other banks earned more than UAH 1 billion in net profit in the first nine months of this year: Citibank – UAH 3.18 billion (-13.8%), state-owned Sens Bank – UAH 2.64 billion (-21.9%), Pivdenny Bank – UAH 2.11 billion (+7.9%), A-Bank – UAH 1.22 billion (+21.3%), and Kredobank – UAH 1.10 billion (-11.0%).
Eleven out of 60 banks ended the first nine months of 2025 with a loss
In particular, the largest loss was incurred by RVS Bank, which was withdrawn from the market in early November – UAH 139.6 million against UAH 10.6 million in profit last year, with the financial institution’s assets falling by 63.0% over the year to UAH 1.65 billion.
The second largest loss was incurred by the nationalized PIN Bank – UAH 44.0 million, which also suffered a loss of UAH 34.9 million in the first nine months of last year. Bank Alliance closed the top three with a loss of UAH 42.6 million, having earned a profit of UAH 51.0 million in the first three quarters of last year.
