OTP Bank reviewed Russia exit and consensus targets OTP Bank stock at HUF 48,514.23

Published on 10/13/2026 at 10:45 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q2 net income reached HUF 303.85 billion versus HUF 175.82 billion in Q1. OTP Bank stock costs EUR 116.05 on October 13, 2026.

OTP Bank had reviewed a possible Russia exit by September 28, 2026, amid scrutiny of its planned Luminor acquisition.
Second-quarter net income reached HUF 303.85 billion, up from HUF 175.82 billion in the first quarter.
The consensus 12-month target was HUF 48,514.23 from 13 analysts, while the Lang & Schwarz quote stood at EUR 116.05 on October 13, 2026.
OTP Bank's next earnings report was scheduled for November 11, 2026.

OTP Bank, HU0000061726, Illustration mit AI erstellt.

OTP Bank (ISIN HU0000061726) was reviewing a possible Russia exit on September 28, 2026, as it pursued the EUR 2.00 billion acquisition of Baltic lender Luminor. A consensus compiled by Investing.com put the 12-month target at HUF 48,514.23 from 13 analysts.

Russia review meets Baltic expansion

According to TechTimes on September 28, 2026, OTP Group CEO Peter Csanyi said the bank was reconsidering its Russia strategy as regulators examined the Luminor transaction. The review was expected to finish by the end of 2026, while the proposed acquisition would expand OTP's operations from 11 to 14 countries.

Oninvest reported that OTP had reduced its Russian workforce by 25.00 percent and its branch network by 40.00 percent. The same report said Russian operations contributed HUF 202.00 billion of net profit in 2025, making the strategic decision financially material even as regulatory scrutiny increased.

Quarterly profit provides a counterweight

OTP's second-quarter results supplied a stronger operating reference point. Investing.com reported net income of HUF 303.85 billion for the second quarter of 2026, compared with HUF 175.82 billion in the first quarter. Quarterly revenue was HUF 750.96 billion, down from HUF 775.14 billion in the previous quarter, so the profit increase came alongside softer revenue.

The consensus target leaves HUF 6,214.23 between the average estimate and the HUF 42,300.00 Budapest price supplied for October 13, 2026. That gap frames the central debate: the bank's earnings remain substantial, while Russia-related execution and the Luminor approval process can influence how much of those earnings investors value.

Three dated milestones shape the case

On July 20, 2026, OTP signed the agreement to acquire 100.00 percent of Luminor Holding for EUR 2.00 billion, according to TechTimes. On August 4, 2026, the latest reported quarter showed HUF 303.85 billion in net income, based on Investing.com. On September 28, 2026, management disclosed the Russia strategy review as the current strategic event.

What comes next for OTP Bank?

TradingView listed November 11, 2026 as the next earnings date. The result will give investors a fresh reading on whether second-quarter net income of HUF 303.85 billion can be sustained while OTP manages the Russia review and the proposed Baltic expansion.

EUR 116.05 at Lang and Schwarz

OTP Bank was trading at EUR 116.05 at Lang & Schwarz on October 13, 2026 at 10:39 a.m. CEST. The quote provides the euro reference for German investors, while the Budapest listing remains the primary market in HUF.

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