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Air Bank - Quarterly Profitability

Net Profit (CZK mil) & ROE (%)
Banking | Czechia | November 16, 2023
$2.99
Excel Sheet

Air Bank made a net profit of CZK 551 mil in the third quarter of 2023, down 24.3% when compared to the same period of last year. This implies a return on equity of 15.5%.

Historically, the bank’s net profit reached an all time high of CZK 936 mil in 2Q2023 and an all time low of CZK -154 mil in 2Q2012. The average profit in the last six quarters amounted to CZK 663 mil.

The bank generated its shareholders an average return on equity of 17.1% in the last five years with maximum at 27.8% and minimum at 6.58%.

When compared to bank's main peers, Ceska Sporitelna generated a net profit of CZK 5,353 mil with ROE of 15.8% in 3Q2023, CSOB netted CZK 4,141 mil(ROE of 15.3%) and Komercni Banka announced a net profit of CZK 4,338 mil implying ROE of 14.1%.

You can see all the bank’s data at Air Bank profile, or you can download a report on the bank in the report section.