OTP Bank secures HUF 50 billion buyback. OTP Bank stock nears EUR 115.66 high

Published on 10/12/2026 at 09:37 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

OTP Bank stock costs EUR 113.75 on October 12, 2026, versus EUR 103.30 in Frankfurt. Net income reached HUF 303.85 billion in the second quarter.

Key points in brief

OTP Bank secured approval for a HUF 50.0 billion share buyback through March 31, 2027.
The stock was at EUR 113.75 at Lang & Schwarz on October 12, 2026 at 9:32 a.m. CEST.
OTP Bank stock stood 1.65 percent below its EUR 115.66 all-time high.
The next earnings report is scheduled for November 11, 2026.

OTP Bank, HU0000061726, Illustration mit AI erstellt.

OTP Bank secured approval for a HUF 50.0 billion share buyback through March 31, 2027, while OTP Bank stock stood 1.65 percent below its EUR 115.66 all-time high. Privatbankar.hu reported the authorization on October 9, 2026, when the Budapest-listed shares rose to HUF 40,300.00.

Three dates frame the move

On August 4, 2026, Investing.com listed OTP Bank net income at HUF 303.85 billion for the latest reported quarter, with revenue of HUF 750.955 billion.

On October 8, 2026, Penzcentrum said the shares had fallen to HUF 37,740.00 intraday and were 18.50 percent below the September high, amid uncertainty around OTP Bank's Russian operations.

On October 9, 2026, the buyback authorization became the latest dated event. The HUF 50.0 billion program can run through March 31, 2027, and the bank's shares gained 6.42 percent to HUF 40,300.00 that day.

What does the buyback change?

The authorization gives OTP Bank a defined HUF 50.0 billion capital-allocation tool rather than an open-ended commitment. The October 9 turnover reached HUF 37.8 billion, and the stock accounted for more than 90.00 percent of the Budapest market's turnover in the cited report.

The earnings backdrop is also material. Lightyear reported that net interest income rose 19.00 percent year over year on an exchange-rate-adjusted basis in the first half of 2026, while the net interest margin reached 4.61 percent. The same source put reported first-half profit at HUF 483.0 billion.

Key dates and current price

TradingView lists November 11, 2026 as the next earnings date and identifies EUR 115.66 on October 1, 2026 as the all-time high. At EUR 113.75, the Lang & Schwarz price was 1.65 percent below that level on October 12, 2026 at 9:32 a.m. CEST.

The current quote is separate from the Budapest close: a Frankfurt indication was EUR 103.30 on October 9, 2026 at 8:01 a.m. CEST, while the Budapest listing closed at HUF 40,300.00 on the same date. The cross-venue gap reflects different quotation venues and currencies, not a single daily-change calculation.

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