GRÁNIT Bank/Ft GRANIT

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About GRÁNIT Bank

GRÁNIT Bank is a financial institution based in Budapest, Hungary, operating within the banking industry. The bank provides a range of services including retail and corporate banking, with a focus on digital solutions and innovative financial products. Since its establishment in 2010, GRÁNIT Bank has emphasized digital transformation, offering online and mobile banking services to enhance customer experience and operational efficiency. It serves a predominantly Hungarian clientele, leveraging technology to streamline processes and offer competitive banking solutions. GRÁNIT Bank's strategic positioning is centered around its digital-first approach, aiming to capture a growing market of tech-savvy consumers.
Ticker
Ft GRANIT
Sector
Finance
Primary listing
BUX
Employees
673
Headquarters
Budapest, Hungary
Website
granitbank.hu

GRÁNIT Bank Metrics

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Ft 163.396B
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Bulls say / Bears say

Underlying earnings held up well in the first half: adjusted pre-tax profit was HUF 12bn, slightly above the year-earlier level. Reported profit fell mainly because system taxes rose, but the decline was still far smaller than the banking-sector average. (Portfolio, Index)
GRÁNIT is gaining retail scale quickly. Retail accounts rose 33.6% year on year to more than 320,000, while retail lending grew by about 60%, helped by record account openings and almost entirely digital onboarding. (mfor.hu, Economx)
The digital model continues to offer a meaningful cost advantage. In the first quarter, the cost-to-income ratio was 40.4% against a sector average of 89.7%, while the total capital ratio was 21.3%, supporting further growth without an immediate capital strain. (Gránit Blog)
Reported earnings momentum weakened during the second quarter. First-half standalone after-tax profit fell 9.6% year on year, while second-quarter profit dropped 39.2%, despite adjusted first-half profit being broadly flat. (Portfolio)
The balance sheet contracted sharply during the second quarter. Gross loans fell 4.7% quarter on quarter and deposits dropped 17.6%, with the main pressure coming from corporate deposits, which retail growth did not fully replace. (Portfolio, Budapester Zeitung)
Heavy bank levies remain a direct drag on shareholder earnings. GRÁNIT booked HUF 4.5bn for the bank levy and windfall-profit tax in the first quarter, while its first-half system-tax charge increased by 30%. (Budapest Business Journal, Index)
Data summarised monthly by Lightyear AI. Last updated on 24 Sept 2026.

GRÁNIT Bank Financial Performance

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Market data provided by Budapest Stock Exchange.