mBank made a net profit of PLN 312 mil in the fourth quarter of 2017, up 6.54% when compared to the same period of last year. This implies a return on equity of 8.82%.
Historically, the bank’s net profit reached an all time high of PLN 698 mil in 1Q2008 and an all time low of PLN -127 mil in 2Q2009. The average profit in the last six quarters amounted to PLN 269 mil.
The bank generated its shareholders an average return on equity of 10.7% in the last five years with maximum at 15.9% and minimum at 6.63%.
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 ING Bank Slaski announced a net profit of PLN 367 mil implying ROE of 12.6%.