mBank made a net profit of PLN 312 mil under revenues of PLN 1,142 mil in the fourth quarter of 2017, up 6.54% and 9.27% respectively when compared to the same period last year.
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.
On the other hand, bank’s revenues amounted to an all time high of PLN 1,203 mil in 2Q2016 and an all time low of PLN 411 mil in 1Q2006. The average revenues in the last six quarters reached PLN 1,090 mil.
When compared to bank's main peers, PKO BP generated a quarterly net profit of PLN 820 mil with revenues of PLN 3,120 mil in 4Q2017, Pekao SA netted PLN 1,054 mil (revenues of PLN 2,022 mil) and ING Bank Slaski announced a net profit of PLN 367 mil (revenues of PLN 1,222 mil).