Air Bank made a net profit of CZK 228 mil under revenues of CZK 653 mil in the first quarter of 2017, up 543% and down 20.1% respectively when compared to the same period last year.
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.
On the other hand, bank’s revenues amounted to an all time high of CZK 818 mil in 1Q2016 and an all time low of CZK -18.1 mil in 1Q2012. The average revenues in the last six quarters reached CZK 623 mil.
When compared to bank's main peers, Ceska Sporitelna generated a quarterly net profit of CZK 3,528 mil with revenues of CZK 9,331 mil in 1Q2017, CSOB netted CZK 4,682 mil (revenues of CZK 9,709 mil) and Komercni Banka announced a net profit of CZK 4,081 mil (revenues of CZK 7,820 mil).