OTP Bank wins EU clearance as OTP Bank stock costs EUR 115.25

Published on 10/14/2026 at 10:27 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

OTP Bank secured EU clearance on October 13, 2026. OTP Bank stock costs EUR 115.25 on October 14, 2026 and market value is HUF 11.3 trillion.

Luminor approval moves into the next phase

The European Commission cleared OTP Bank's Luminor acquisition on October 13, 2026.
The planned transaction could increase OTP Group assets by more than 10 percent.
OTP Bank stock was trading at EUR 115.25 at 10:11 a.m. CEST at Lang & Schwarz on October 14, 2026.

OTP Bank, HU0000061726, Illustration mit AI erstellt.

OTP Bank (HU0000061726) secured European Union clearance for its planned Luminor acquisition on October 13, 2026, while OTP Bank stock was trading at EUR 115.25 at Lang & Schwarz on October 14, 2026 at 10:11 a.m. CEST. Portfolio reported that the European Commission approved the deal under competition rules, but the transaction still requires banking-supervisor approvals.

Three steps shaped the deal

On July 20, 2026, OTP announced an agreement to acquire 100.00 percent of Luminor Holding. The transaction concerns the Estonian banking group's parent company and would give OTP sole control, according to TozsdeForum.

On September 18, 2026, the European Commission received formal notification of the proposed concentration. EU Law Live said OTP would acquire sole control of Luminor through a share purchase.

On October 13, 2026, the Commission cleared the transaction in a simplified review. The approval is therefore a regulatory milestone rather than evidence that ownership has already transferred.

What does Luminor add?

The planned acquisition would increase OTP Group assets by more than 10 percent and strengthen its Baltic presence, according to Ground News. That scale makes the remaining supervisory process important for investors assessing the strategic value of the deal.

OTP's operating picture also has a recent earnings reference. Investing.com reported latest-quarter net income of HUF 303.85 billion and revenue of HUF 750.96 billion, compared with HUF 175.82 billion and HUF 775.14 billion in the previous quarter. The figures imply a 72.82 percent quarter-over-quarter increase in net income and a 3.12 percent revenue decline.

Next reporting date

The next company date identified by MarketScreener is November 10, 2026, listed as the earnings release for the third quarter of 2026.

Stock price and valuation context

OTP Bank stock was trading at EUR 115.25 at Lang & Schwarz on October 14, 2026 at 10:11 a.m. CEST. The Budapest Stock Exchange quote was HUF 41,890 at 10:10 a.m. CEST on October 14, 2026, while the 52-week range was HUF 29,900.00 to HUF 47,470.00 and market capitalization was HUF 11.3 trillion.

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