Creditas made a net profit of CZK 1.81 mil in the first quarter of 2017, down 69% when compared to the same period of last year. This implies a return on equity of 0.469%.
Historically, the bank’s net profit reached an all time high of CZK 38.4 mil in 2Q2012 and an all time low of CZK -44.7 mil in 4Q2011. The average profit in the last six quarters amounted to CZK -1.45 mil.
The bank generated its shareholders an average return on equity of 1.25% in the last five years with maximum at 22.3% and minimum at -5.63%.
When compared to bank's main peers, Ceska Sporitelna generated a net profit of CZK 3,528 mil with ROE of 11.5% in 1Q2017, CSOB netted CZK 4,682 mil(ROE of 20.6%) and Komercni Banka announced a net profit of CZK 4,081 mil implying ROE of 15.4%.