Erste Group Bank made a net profit of EUR 329 mil in the fourth quarter of 2017, up 284% when compared to the same period of last year. This implies a return on equity of 7.25%.
Historically, the bank’s net profit reached an all time high of EUR 826 mil in 3Q2008 and an all time low of EUR -1,494 mil in 3Q2011. The average profit in the last six quarters amounted to EUR 290 mil.
The bank generated its shareholders an average return on equity of 2.51% in the last five years with maximum at 14.5% and minimum at -27.5%.
When compared to bank's main peers, Raiffeisen Bank International generated a net profit of EUR 206 mil with ROE of 7.40% in 4Q2017, OTP Group netted EUR 68,451 mil(ROE of 17.0%) and PKO BP announced a net profit of EUR 820 mil implying ROE of 9.16%.