Strong underlying processes at OTP, and several additional items.
In the second quarter of 2026, OTP achieved a tax profit of 305.8 billion forints, which is 73 percent higher than the profit in the first quarter, but down 7 percent year-on-year. The decline is not due to weakening core operations, as interest income and loan portfolios continued to grow. The result was affected by changes in interest rates, revaluation of certain financial instruments, and increased operating costs.
OTP achieved a taxable profit of 3.058 billion forints in the second quarter of 2026, which was 73 percent higher than the first quarter, but down 7 percent year-on-year. The background is not the weakening of core operations; interest income and loan portfolios continued to grow strongly, but the result was primarily due to changes in interest rates, the revaluation of certain financial instruments, and increased operating costs.
