Wustenrot Stavebni Sporitelna generated total banking revenues of CZK 258 mil in the first quarter of 2017, up 9.22% when compared to the same period of last year and 14.9% 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 477 mil in 2Q2012 and an all time low of CZK 83.9 mil in 4Q2008. The average revenue in the last six quarters amounted to CZK 233 mil.
Net interest income represented 63.9% of total revenues, fee income contributed 14.3% and other non-interest income added further 21.9% to the overall revenue generation in 1Q2017.
Bank's total revenues accounted for 2.78% total assets in the first quarter of 2017, up from 2.56% a year earlier.
When compared to bank's main peers, Ceskomoravska Stavebni Sporitelna generated total revenues of 1.92% of assets in 1Q2017 Raiffeisen Stavebni Sporitelna operated with 1.65% revenue margin and Modra Pyramida Stavebni Sporitelna produced total income worth 2.14% of assets.