Idea Bank made a net profit of PLN 231 mil in 2017, down 47.7% when compared to the last year. This implies a return on equity of 8.89%.
Historically, the bank’s net profit reached an all time high of PLN 441 mil in 2016 and an all time low of PLN 23.6 mil in 2012. The average profit in the last five years amounted to PLN 266 mil.
The bank generated its shareholders an average return on equity of 16.4% in the last five years with maximum at 21.5% and minimum at 8.89%
When compared to bank's main peers, Alior Bank generated a net profit of PLN 515 mil with ROE of 7.97% in 2017, Getin Holding netted PLN 183 mil (ROE of 5.43%) and Getin Noble Bank announced a net profit of PLN -573 mil implying ROE of -12.2%.
Idea Bank has been ranked 24th within the group of 41 banks we follow in terms of return on equity in 2017.