Raiffeisenbank Czech Republic made a net profit of CZK 682 mil under revenues of CZK 2,985 mil in the first quarter of 2017, up 31.9% and 4.68% respectively when compared to the same period last year.
Historically, the bank’s net profit reached an all time high of CZK 884 mil in 1Q2012 and an all time low of CZK -588 mil in 4Q2013. The average profit in the last six quarters amounted to CZK 645 mil.
On the other hand, bank’s revenues amounted to an all time high of CZK 2,985 mil in 1Q2017 and an all time low of CZK 630 mil in 1Q2005. The average revenues in the last six quarters reached CZK 2,762 mil.
When compared to bank's main peers, Ceska Sporitelna generated a quarterly net profit of CZK 3,528 mil with revenues of CZK 9,331 mil in 1Q2017, CSOB netted CZK 4,682 mil (revenues of CZK 9,709 mil) and Komercni Banka announced a net profit of CZK 4,081 mil (revenues of CZK 7,820 mil).