Air Bank made a net profit of CZK 318 mil under revenues of CZK 677 mil in the fourth quarter of 2017, up 1050% and 29.4% respectively when compared to the same period last year.
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.
On the other hand, bank’s revenues amounted to an all time high of CZK 818 mil in 1Q2016 and an all time low of CZK -18.1 mil in 1Q2012. The average revenues in the last six quarters reached CZK 537 mil.
When compared to bank's main peers, Ceska Sporitelna generated a quarterly net profit of CZK 2,906 mil with revenues of CZK 9,536 mil in 4Q2017, CSOB netted CZK 3,983 mil (revenues of CZK 9,314 mil) and Komercni Banka announced a net profit of CZK 3,705 mil (revenues of CZK 7,934 mil).