Creditas generated total banking revenues of CZK 99.4 mil in the fourth quarter of 2017, up 8.89% when compared to the same period of last year and down 5.05% 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 146 mil in 4Q2013 and an all time low of CZK -3.36 mil in 3Q2014. The average revenue in the last six quarters amounted to CZK 92.4 mil.
Net interest income represented 123% of total revenues, fee income contributed -15.9% and other non-interest income added further -6.81% to the overall revenue generation in 4Q2017.
Bank's total revenues accounted for 1.25% total assets in the fourth quarter of 2017, down from 3.11% 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.