Air Bank made a net profit of CZK 228 mil in the first quarter of 2017, up 543% when compared to the same period of last year. This implies a return on equity of 17.3%.
Historically, the bank’s net profit reached an all time high of CZK 228 mil in 1Q2017 and an all time low of CZK -154 mil in 2Q2012. The average profit in the last six quarters amounted to CZK 74.0 mil.
The bank generated its shareholders an average return on equity of 0.968% in the last five years with maximum at 18.3% and minimum at -53.8%.
When compared to bank's main peers, Ceska Sporitelna generated a net profit of CZK 3,528 mil with ROE of 11.5% in 1Q2017, CSOB netted CZK 4,682 mil(ROE of 20.6%) and Komercni Banka announced a net profit of CZK 4,081 mil implying ROE of 15.4%.