OTP Bank gets HUF 50 billion approval: OTP Bank stock is 12.49 percent below high

Published on 10/20/2026 at 10:08 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter profit reached HUF 305.77 billion in 2026. OTP Bank stock costs EUR 114.28 on October 20, 2026 and is 12.49 percent below its high.

Capital actions and reporting dates

OTP Bank received approval for a HUF 50 billion buyback program on October 9, 2026.
Second-quarter net income reached HUF 305.77 billion for the period ended June 30, 2026.
OTP Bank stock traded at EUR 114.28 at 10:03 a.m. CEST at Lang & Schwarz on October 20, 2026.

OTP Bank, HU0000061726, Illustration mit AI erstellt.

OTP Bank stock (ISIN HU0000061726) was trading at EUR 114.28 at Lang & Schwarz on October 20, 2026 at 10:03 a.m. CEST. The bank had received approval for a HUF 50 billion share buyback program on October 9, 2026, according to Boerse Express.

Buyback adds a capital signal

The Hungarian central bank approved purchases of OTP shares worth up to HUF 50 billion through March 2027. The previous HUF 60 billion authorization had already been fully used, so the new program extends the bank's capital-management toolkit rather than introducing its first repurchase framework, Boerse Express reported on October 9, 2026.

The stock's EUR price was equivalent to 12.49 percent below the HUF 47,470.00 52-week high on October 20, 2026. The Budapest listing was last quoted at HUF 41,540 at 9:48 a.m. CEST, while its 52-week range ran from HUF 30,410.00 to HUF 47,470.00.

What does the buyback change?

The approval matters alongside OTP's latest reported earnings. MarketScreener's table shows HUF 305.77 billion of net income for the second quarter ended June 30, 2026, compared with HUF 296.13 billion in the second quarter of 2025, an increase of 3.26 percent, MarketScreener shows.

Three dates frame the story

On August 5, 2026, OTP reported second-quarter results with HUF 305.77 billion in net income; on September 28, 2026, management reviewed a possible full withdrawal from Russia; and on October 9, 2026, the HUF 50 billion buyback received approval. The Russia review was reported by Ground News, which also linked the strategy to OTP's planned Luminor acquisition.

Next reporting date

OTP has scheduled publication of its third-quarter 2026 results for November 11, 2026, according to Boerse Express. That release should provide the next quantified update on earnings after the buyback decision and Russia review.

Stock stays below its yearly high

OTP combines a new HUF 50 billion capital-allocation authorization with second-quarter net income of HUF 305.77 billion and a pending strategic decision on Russia. At Lang & Schwarz, the stock was trading at EUR 114.28 on October 20, 2026 at 10:03 a.m. CEST.

The further course of trading is shown by the continuously updated real-time quote of OTP Bank stock.