Leaders of the Banking Sector Increased Revenue by 14% Last Year - Opendatabot

According to data published by Opendatabot, leading Ukrainian banks ranked in the Opendatabot Index 2026 achieved a combined revenue of UAH 304.27 billion for the year 2025. This represents a remarkable 14% increase in revenue compared to the previous year. An impressive fact is that 80% of the total revenue of all 60 Ukrainian banks was generated by just ten leaders, indicating a concentration of financial resources within the largest institutions.

Analysts report that state-owned banks made a significant contribution to the overall revenue. Specifically, 67% of the revenue, amounting to UAH 202.89 billion, was generated by five state-owned banks. The market leader remains PrivatBank, which reported a revenue of UAH 122.63 billion. This figure is 11% higher than the previous year. However, despite the increase in revenue, PrivatBank's net profit decreased by 28%, totaling UAH 29.08 billion.

In the second position of the ranking is the state-owned Oschadbank, which achieved a revenue of UAH 41.68 billion in 2025, reflecting a 13% increase compared to last year. Oschadbank's profit also rose by 12%, reaching UAH 16.63 billion, indicating the institution's stable financial position.

The most impressive breakthrough of the year was demonstrated by the private Universal Bank, also known as monobank. Its revenue surged 1.4 times, reaching UAH 27.2 billion, allowing the bank to climb to third place in the ranking, surpassing Raiffeisen Bank. Universal Bank also recorded the highest profit growth among the leaders of the Index, increasing it by 2.8 times.

Raiffeisen Bank, which held higher positions in previous years, dropped to fourth place this year. Its revenue increased by 8% to UAH 23.63 billion, while its profit rose 2.5 times, reaching UAH 10.74 billion.

For the second consecutive year, PUMB occupies the fifth position, with a revenue increase of 23%, totaling UAH 22.6 billion. The bank's profit doubled, reaching UAH 8.05 billion, demonstrating an effective development strategy.

UkrSibbank has maintained the sixth position in the Index for the third consecutive year. Its revenue grew by 5%, amounting to UAH 16.06 billion, while its profit increased 1.4 times, reaching UAH 5.8 billion, which is also a positive sign for the institution.

State-owned banks Ukrgazbank and Ukreximbank rank seventh and eighth, respectively. Last year, Ukrgazbank increased its revenue by 7% to UAH 13.48 billion, and its profit grew 1.7 times to UAH 4.87 billion. Ukreximbank also showed positive dynamics: its revenue increased by 9% to UAH 13.25 billion, while its profit rose 1.6 times to UAH 8.86 billion.

OTP Bank became one of the few to improve its ranking, moving up from tenth to ninth place. OTP Bank's revenue in 2025 increased by 7% to UAH 11.85 billion, and its profit grew 1.3 times to UAH 8.99 billion.

Sense Bank, the fifth state bank in the top ten, despite a revenue increase of 7% to UAH 11.85 billion, dropped one position in the ranking and now occupies tenth place. Sense Bank's profit, on the other hand, decreased by 16%, totaling UAH 3.2 billion, which may indicate some financial difficulties.

The increase in profits for most banks last year is attributed not only to operational results but also to changes in tax policy. According to reports from the National Bank of Ukraine, the corporate income tax expenses in 2025 accounted for about 25% of pre-tax profits, a significant reduction compared to 2024, when this figure was approximately double — around 50%.

It is worth noting that solvent banks from January to September 2025 reported a net profit of UAH 119.4 billion, which is 1.9% higher than the figure for the same period last year. This indicates an overall improvement in the financial condition of the banking sector in Ukraine.

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