MONETA Money Bank made a net profit of CZK 804 mil in the fourth quarter of 2017, down 7.27% when compared to the same period of last year. This implies a return on equity of 12.7%.
Historically, the bank’s net profit reached an all time high of CZK 1,199 mil in 2Q2016 and an all time low of CZK -5.65 mil in 2Q2003. The average profit in the last six quarters amounted to CZK 950 mil.
The bank generated its shareholders an average return on equity of 12.8% in the last five years with maximum at 17.7% and minimum at 7.01%.
When compared to bank's main peers, Ceska Sporitelna generated a net profit of CZK 2,906 mil with ROE of 9.69% in 4Q2017, CSOB netted CZK 3,983 mil(ROE of 17.3%) and Komercni Banka announced a net profit of CZK 3,705 mil implying ROE of 14.9%.