PrivatBank topped the ranking of the most profitable banks in the first quarter of 2025 with a net profit of UAH 16.8 billion. The top three also included state-owned Oschadbank and Ukreximbank with UAH 4.7 billion and UAH 2.4 billion, respectively.
According to the National Bank’s website on Monday, Raiffeisen Bank (UAH 2.2 billion) and Universal Bank (mono) (UAH 1.7 billion) (all based in Kyiv) also made it into the top five.
According to the published data, the second five most profitable banks were PUMB with UAH 1.5 billion, Credit Agricole Bank with UAH 1.3 billion, Ukrsibbank with UAH 1.3 billion, City Bank with UAH 1.2 billion, and OTP Bank with UAH 1.1 billion.
According to NBU statistics, in the first quarter of 2025, 50 Ukrainian banks received UAH 40.4 billion in net profit, while 10 operated with a total loss of UAH 0.4 billion.
The largest losses were incurred by Alliance Bank – UAH 163.9 million. It was followed by RVS Bank – UAH 140.8 million, Pravex Bank – UAH 44.9 million, Industrialbank – UAH 26.8 million, and PIN Bank, which was transferred to the state – UAH 14.6 million.
MIB also ended the quarter in the red with a loss of UAH 12.8 million, followed by Ukrainian Capital Bank with UAH 10.2 million, BTA Bank with UAH 5.7 million, UBRR with UAH 3.8 million, and Trust Capital Bank with UAH 2.7 million.
In terms of income tax expenses, PrivatBank remains the leader with UAH 5.3 billion, followed by Raiffeisen Bank with UAH 0.70 billion, Universal Bank (mono) with 0.59 billion, PUMB with 0.51 billion, and Ukrsibbank with 0.45 billion.
In total, banks paid 10.5 billion hryvnia in taxes to the budget in January-March this year.
PrivatBank remains the leader in terms of net interest income with UAH 18.4 billion, followed by Oschadbank with UAH 7.3 billion, Raiffeisen Bank with UAH 4.4 billion, Universal Bank (mono) with UAH 4.4 billion, and PUMB with UAH 3.9 billion.
Ukrsibbank also made it into the top ten with UAH 2.9 billion, Ukrgasbank with UAH 2.6 billion, Ukreximbank with UAH 2.3 billion, OTP Bank with UAH 2.2 billion, and Sens Bank with UAH 1.9 billion.
PrivatBank leads the ranking in terms of net commission income with UAH 6.6 billion. Next are Oschadbank with UAH 1.9 billion, Universal Bank (mono) with UAH 0.75 billion, Raiffeisen Bank with UAH 0.64 billion, and A-Bank with UAH 0.50 billion.
The top ten also includes: PUMB with UAH 0.53 billion, Sens Bank with UAH 0.44 billion, Ukrsibbank with UAH 0.38 billion, Bank Alliance with UAH 0.33 billion, and Ukrgasbank with UAH 0.33 billion.
As reported, Ukrainian banks received UAH 39.96 billion in net profit in the first quarter of 2025, which is only 0.2% more than in the same period of 2024.