Bank Handlowy made a net profit of PLN 145 mil under revenues of PLN 512 mil in the third quarter of 2016, up 2.85% and 11.4% respectively when compared to the same period last year.
Historically, the bank’s net profit reached an all time high of PLN 355 mil in 1Q2013 and an all time low of PLN 34.5 mil in 4Q2008. The average profit in the last six quarters amounted to PLN 147 mil.
On the other hand, bank’s revenues amounted to an all time high of PLN 795 mil in 1Q2013 and an all time low of PLN 449 mil in 1Q2016. The average revenues in the last six quarters reached PLN 507 mil.
When compared to bank's main peers, Pekao SA generated a quarterly net profit of PLN 521 mil with revenues of PLN 1,755 mil in 3Q2016 and ING Bank Slaski netted PLN 332 mil (revenues of PLN 1,075 mil).