Based on a comparison of 23 banks in the Czech Republic, Ceska Sporitelna produced the highest net profit in 2016, followed by CSOB and Komercni Banka.
Ceska Sporitelna made a net profit of CZK 15,457 mil, up 8.14% when compared to the last year. Historically, the bank’s net profit reached an all time high of CZK 16,612 mil in 2012 and an all time low of CZK 41.0 mil in 2000. The average profit in the last five years amounted to CZK 15,404 mil.
The bank generated its shareholders an average return on equity of 15.0%. in the last five years with maximum at 19.2% and minimum at 12.6%.
When compared to the nearest peers, CSOB generated a net profit of CZK 15,141 mil with ROE of 16.9% in 2016, Komercni Banka netted CZK 13,689 mil (ROE of 12.9%) and UniCredit Czech Republic announced a net profit of CZK 6,045 mil implying ROE of 9.42%.
Net profit of the Czechia’s banking sector amounted to CZK 73,525 mil in 2016, up 10.8% when compared to the last year. As a result, the top ranked company - Ceska Sporitelna accounted for 21.0% of the sector’s net profit in 2016. The top 3 companies hold a 60.2% share while the five largest firms some 74.0% in 2016.