Air Bank made a net profit of CZK 318 mil in the fourth quarter of 2017, up 1050% when compared to the same period of last year. This implies a return on equity of 20.6%.
Historically, the bank’s net profit reached an all time high of CZK 318 mil in 4Q2017 and an all time low of CZK -154 mil in 2Q2012. The average profit in the last six quarters amounted to CZK 135 mil.
The bank generated its shareholders an average return on equity of 5.54% in the last five years with maximum at 20.6% and minimum at -11.0%.
When compared to bank's main peers, Ceska Sporitelna generated a net profit of CZK 2,906 mil with ROE of 9.69% in 4Q2017, CSOB netted CZK 3,983 mil(ROE of 17.3%) and Komercni Banka announced a net profit of CZK 3,705 mil implying ROE of 14.9%.