Stavebni Sporitelna Ceske Sporitelny made a net profit of CZK 122 mil in the fourth quarter of 2017, up 25.6% when compared to the same period of last year. This implies a return on equity of 9.71%.
Historically, the bank’s net profit reached an all time high of CZK 455 mil in 2Q2008 and an all time low of CZK 50.4 mil in 1Q2003. The average profit in the last six quarters amounted to CZK 153 mil.
The bank generated its shareholders an average return on equity of 13.4% in the last five years with maximum at 19.6% and minimum at 7.96%.
When compared to bank's main peers, Ceskomoravska Stavebni Sporitelna generated a net profit of CZK 223 mil with ROE of 9.78% in 4Q2017, Raiffeisen Stavebni Sporitelna netted CZK 206 mil(ROE of 17.5%) and Modra Pyramida Stavebni Sporitelna announced a net profit of CZK 215 mil implying ROE of 13.9%.