OTP Bank Nyrt.

Budapest:OTP.BD

Location

Market Cap

USD 20.23 B

Share Price

USD 78.29

Avg Daily Volume

507,501

Change (1 day)

0.78%

Change (1 year)

64.77%

Change (YTD)

43.75%

OTP Bank Nyrt. Selling, General, and Administrative Expenses (SG&A) for the year ending December 31, 2024: USD 873.48 M

OTP Bank Nyrt. Selling, General, and Administrative Expenses (SG&A) is USD 873.48 M for the year ending December 31, 2024, a -2.12% change year over year. Selling, general, and administrative (SG&A) expenses are the expenses related to the sales and marketing efforts, as well as general and administrative functions of a company.
  • OTP Bank Nyrt. Selling, General, and Administrative Expenses (SG&A) for the year ending December 31, 2023 was USD 892.40 M, a -27.82% change year over year.
  • OTP Bank Nyrt. Selling, General, and Administrative Expenses (SG&A) for the year ending December 31, 2022 was USD 1.24 B, a 89.21% change year over year.
  • OTP Bank Nyrt. Selling, General, and Administrative Expenses (SG&A) for the year ending December 31, 2021 was USD 653.45 M, a -1.47% change year over year.
  • OTP Bank Nyrt. Selling, General, and Administrative Expenses (SG&A) for the year ending December 31, 2020 was USD 663.23 M, a 10.80% change year over year.
Key data
Date Selling, General, and Administrative Expenses (SG&A) Research and Development (R&D) Expenses Revenue Revenue
Market news
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Budapest: OTP.BD

OTP Bank Nyrt.

CEO Mr. Laszlo Wolf
IPO Date March 5, 2002
Location Hungary
Headquarters 16, NAdor Street
Employees 40,241
Sector 💰 Finance
Industries
Description

OTP Bank Nyrt., together with its subsidiaries, provides commercial banking services to retail clients, corporations and agricultural enterprises, and private and institutional investors in Hungary and internationally. It offers current, foreign currency, securities, long term investment, and retirement savings accounts; bank and business cards; agricultural, mortgage, and housing loans, as well as overdraft facilities; and invests in government and fixed income bonds, mutual funds, mortgages, shares, and certificates, stock exchange transaction orders, investment fund shares, and government securities. The company also provides cash management services, such as domestic and international transfers, batch payments, liquidity and savings management, and financing; real estate development, leasing, and management services; wealth planning, commercial factoring, refinancing, finance lease, housing savings, fund management, and e-services; and Internet, mobile phone, SMS, telephone, and private banking services. As of December 31, 2021, it operated through a network of 1,455 branches and 4,697 ATMs. The company was incorporated in 1949 and is based in Budapest, Hungary.

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