Raiffeisen Stavebni Sporitelna generated total banking revenues of CZK 276 mil in the first quarter of 2017, up 31.4% when compared to the same period of last year and down 5.98% 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 785 mil in 4Q2002 and an all time low of CZK 70.5 mil in 3Q2003. The average revenue in the last six quarters amounted to CZK 287 mil.
Net interest income represented 78.6% of total revenues, fee income contributed 20.5% and other non-interest income added further 0.849% to the overall revenue generation in 1Q2017.
Bank's total revenues accounted for 1.65% total assets in the first quarter of 2017, up from 1.11% a year earlier.
When compared to bank's main peers, Ceskomoravska Stavebni Sporitelna generated total revenues of 1.92% of assets in 1Q2017 Modra Pyramida Stavebni Sporitelna operated with 2.14% revenue margin and Stavebni Sporitelna Ceske Sporitelny produced total income worth 1.70% of assets.