Air Bank generated total banking revenues of CZK 677 mil in the fourth quarter of 2017, up 29.4% when compared to the same period of last year and 87.8% 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 818 mil in 1Q2016 and an all time low of CZK -18.1 mil in 1Q2012. The average revenue in the last six quarters amounted to CZK 537 mil.
Net interest income represented 81.3% of total revenues, fee income contributed 0.976% and other non-interest income added further 17.8% to the overall revenue generation in 4Q2017.
Bank's total revenues accounted for 2.76% total assets in the fourth quarter of 2017, up from 2.41% a year earlier.
When compared to bank's main peers, Ceska Sporitelna generated total revenues of 2.87% of assets in 4Q2017 CSOB operated with 2.83% revenue margin and Komercni Banka produced total income worth 3.16% of assets.