Air Bank made a net profit of CZK 1,125 mil in 2017, up 148% when compared to the last year. This implies a return on equity of 19.3%.
Historically, the bank’s net profit reached an all time high of CZK 1,125 mil in 2017 and an all time low of CZK -340 mil in 2012. The average profit in the last five years amounted to CZK 416 mil.
The bank generated its shareholders an average return on equity of 7.62% in the last five years with maximum at 19.3% and minimum at -2.45%
When compared to bank's main peers, Ceska Sporitelna generated a net profit of CZK 14,610 mil with ROE of 12.0% in 2017, CSOB netted CZK 17,517 mil (ROE of 19.2%) and Komercni Banka announced a net profit of CZK 14,930 mil implying ROE of 14.5%.
Air Bank has been ranked 1st within the group of 23 banks we follow in terms of return on equity in 2017.