Pekao SA generated total banking revenues of PLN 2,022 mil in the fourth quarter of 2017, up 14.8% when compared to the same period of last year and 11.3% 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 2,063 mil in 3Q2012 and an all time low of PLN 920 mil in 3Q2004. The average revenue in the last six quarters amounted to PLN 1,811 mil.
Net interest income represented 58.8% of total revenues, fee income contributed 30.5% and other non-interest income added further 10.6% to the overall revenue generation in 4Q2017.
Bank's total revenues accounted for 4.36% total assets in the fourth quarter of 2017, up from 4.04% a year earlier.
When compared to bank's main peers, PKO BP generated total revenues of 4.20% of assets in 4Q2017.