Ceskomoravska Stavebni Sporitelna made a net profit of CZK 215 mil in the first quarter of 2017, down 29% when compared to the same period of last year. This implies a return on equity of 8.81%.
Historically, the bank’s net profit reached an all time high of CZK 641 mil in 3Q2011 and an all time low of CZK -60.1 mil in 4Q2004. The average profit in the last six quarters amounted to CZK 262 mil.
The bank generated its shareholders an average return on equity of 12.9% in the last five years with maximum at 24.5% and minimum at 7.55%.
When compared to bank's main peers, Modra Pyramida Stavebni Sporitelna generated a net profit of CZK 239 mil with ROE of 14.9% in 1Q2017, Raiffeisen Stavebni Sporitelna netted CZK 98.6 mil(ROE of 8.22%) and Stavebni Sporitelna Ceske Sporitelny announced a net profit of CZK 171 mil implying ROE of 13.7%.