Wustenrot Stavebni Sporitelna made a net profit of CZK 58.6 mil in the first quarter of 2017, up 17.6% when compared to the same period of last year. This implies a return on equity of 6.79%.
Historically, the bank’s net profit reached an all time high of CZK 119 mil in 3Q2009 and an all time low of CZK -50.5 mil in 4Q2008. The average profit in the last six quarters amounted to CZK 39.8 mil.
The bank generated its shareholders an average return on equity of 6.10% in the last five years with maximum at 15.9% and minimum at -4.24%.
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%.