mBank generated total banking revenues of PLN 1,142 mil in the fourth quarter of 2017, up 9.27% when compared to the same period of last year and down 0.683% 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 PLN 1,203 mil in 2Q2016 and an all time low of PLN 411 mil in 1Q2006. The average revenue in the last six quarters amounted to PLN 1,090 mil.
Net interest income represented 72.3% of total revenues, fee income contributed 20.5% and other non-interest income added further 7.27% to the overall revenue generation in 4Q2017.
Bank's total revenues accounted for 3.47% total assets in the fourth quarter of 2017, up from 3.12% a year earlier.
When compared to bank's main peers, PKO BP generated total revenues of 4.20% of assets in 4Q2017 Pekao SA operated with 4.36% revenue margin and ING Bank Slaski produced total income worth 3.88% of assets.