Creditas generated total banking revenues of CZK 85.4 mil in the first quarter of 2017, up 8.39% when compared to the same period of last year and 0.561% 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 CZK 146 mil in 4Q2013 and an all time low of CZK -3.36 mil in 3Q2014. The average revenue in the last six quarters amounted to CZK 84.7 mil.
Net interest income represented 76.0% of total revenues, fee income contributed 10.8% and other non-interest income added further 13.2% to the overall revenue generation in 1Q2017.
Bank's total revenues accounted for 1.30% total assets in the first quarter of 2017, down from 2.98% a year earlier.
When compared to bank's main peers, Ceska Sporitelna generated total revenues of 2.85% of assets in 1Q2017 CSOB operated with 2.73% revenue margin and Komercni Banka produced total income worth 3.02% of assets.