Raiffeisen Stavebni Sporitelna made a net profit of CZK 98.6 mil in the first quarter of 2017, up 184% when compared to the same period of last year. This implies a return on equity of 8.22%.
Historically, the bank’s net profit reached an all time high of CZK 275 mil in 4Q2008 and an all time low of CZK -12.4 mil in 3Q2003. The average profit in the last six quarters amounted to CZK 124 mil.
The bank generated its shareholders an average return on equity of 9.71% in the last five years with maximum at 16.2% and minimum at 2.96%.
When compared to bank's main peers, Ceskomoravska Stavebni Sporitelna generated a net profit of CZK 215 mil with ROE of 8.81% in 1Q2017, Modra Pyramida Stavebni Sporitelna netted CZK 239 mil(ROE of 14.9%) and Stavebni Sporitelna Ceske Sporitelny announced a net profit of CZK 171 mil implying ROE of 13.7%.