Bank Handlowy generated total banking revenues of PLN 512 mil in the third quarter of 2016, up 11.4% when compared to the same period of last year and down 17.4% 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 PLN 795 mil in 1Q2013 and an all time low of PLN 449 mil in 1Q2016. The average revenue in the last six quarters amounted to PLN 507 mil.
Net interest income represented 48.3% of total revenues, fee income contributed 28.2% and other non-interest income added further 23.4% to the overall revenue generation in 3Q2016.
Bank's total revenues accounted for 4.88% total assets in the third quarter of 2016, up from 3.69% a year earlier.