Stavebni Sporitelna Ceske Sporitelny made a net profit of CZK 171 mil in the first quarter of 2017, down 0.195% when compared to the same period of last year. This implies a return on equity of 13.7%.
Historically, the bank’s net profit reached an all time high of CZK 455 mil in 2Q2008 and an all time low of CZK 50.4 mil in 4Q2003. The average profit in the last six quarters amounted to CZK 142 mil.
The bank generated its shareholders an average return on equity of 13.7% in the last five years with maximum at 19.6% and minimum at 7.96%.
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, Raiffeisen Stavebni Sporitelna netted CZK 98.6 mil(ROE of 8.22%) and Modra Pyramida Stavebni Sporitelna announced a net profit of CZK 239 mil implying ROE of 14.9%.