mBank made a net profit of PLN 230 mil under revenues of PLN 1,076 mil in the third quarter of 2016, down 27.9% and up 4.85% respectively when compared to the same period last year.
Historically, the bank’s net profit reached an all time high of PLN 698 mil in 1Q2008 and an all time low of PLN -127 mil in 2Q2009. The average profit in the last six quarters amounted to PLN 296 mil.
On the other hand, bank’s revenues amounted to an all time high of PLN 1,256 mil in 2Q2016 and an all time low of PLN 411 mil in 1Q2006. The average revenues in the last six quarters reached PLN 1,086 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).