ING Bank Slaski made a net profit of PLN 367 mil in the fourth quarter of 2017, up 43.9% when compared to the same period of last year. This implies a return on equity of 12.6%.
Historically, the bank’s net profit reached an all time high of PLN 407 mil in 2Q2016 and an all time low of PLN -145 mil in 4Q2008. The average profit in the last six quarters amounted to PLN 332 mil.
The bank generated its shareholders an average return on equity of 11.6% in the last five years with maximum at 15.2% and minimum at 7.84%.
When compared to bank's main peers, PKO BP generated a net profit of PLN 820 mil with ROE of 9.16% in 4Q2017, Pekao SA netted PLN 1,054 mil(ROE of 18.5%) and Bank Zachodni WBK announced a net profit of PLN 549 mil implying ROE of 9.55%.