Wustenrot Stavebni Sporitelna made a net profit of CZK 58.6 mil under revenues of CZK 258 mil in the first quarter of 2017, up 17.6% and 9.22% respectively when compared to the same period last year.
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.
On the other hand, bank’s revenues amounted to an all time high of CZK 477 mil in 2Q2012 and an all time low of CZK 83.9 mil in 4Q2008. The average revenues in the last six quarters reached CZK 233 mil.
When compared to bank's main peers, Ceskomoravska Stavebni Sporitelna generated a quarterly net profit of CZK 215 mil with revenues of CZK 729 mil in 1Q2017, Raiffeisen Stavebni Sporitelna netted CZK 98.6 mil (revenues of CZK 276 mil) and Modra Pyramida Stavebni Sporitelna announced a net profit of CZK 239 mil (revenues of CZK 403 mil).