Air Bank generated total banking revenues of CZK 653 mil in the first quarter of 2017, down 20.1% when compared to the same period of last year and up 24.9% when compared to the previous quarter.
Historically, the bank’s revenues containing of interest, fee and other non-interest income reached an all time high of CZK 818 mil in 1Q2016 and an all time low of CZK -18.1 mil in 1Q2012. The average revenue in the last six quarters amounted to CZK 623 mil.
Net interest income represented 62.1% of total revenues, fee income contributed 0.755% and other non-interest income added further 37.1% to the overall revenue generation in 1Q2017.
Bank's total revenues accounted for 2.98% total assets in the first quarter of 2017, down from 4.13% a year earlier.
When compared to bank's main peers, Ceska Sporitelna generated total revenues of 2.85% of assets in 1Q2017 CSOB operated with 2.73% revenue margin and Komercni Banka produced total income worth 3.02% of assets.