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What Banks in Czechia Were the Most Profitable in 2017?

Top Banks by Net Profit (CZK mil)
Banking | Czechia | November 24, 2023
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Excel Sheet

Based on a comparison of 26 banks in Czechia, CSOB produced the highest net profit in 2017, followed by Komercni Banka and Ceska Sporitelna.

CSOB made a net profit of CZK 17,517 mil, up 15.7% compared to the previous year. Historically, the bank’s net profit reached an all time high of CZK 17,517 mil in 2017 and an all time low of CZK 1,034 mil in 2008. The average profit in the last five years amounted to CZK 14,786 mil.

The bank generated an average return on equity of 17.2% for its shareholders in the last five years with a maximum of 19.3% and a minimum of 15.9%.

Comparing CSOB with its closest peers, Komercni Banka generated a net profit of CZK 14,930 mil with a ROE of 14.5% in 2017, Ceska Sporitelna netted CZK 14,610 mil (ROE of 12.0%) and UniCredit Bank Czecho-Slovakia announced a net profit of CZK 7,626 mil giving a ROE of 11.0%.

The net profit of the Czechia’s banking sector amounted to CZK 75,354 mil in 2017, up 1.97% compared to the previous year. Heading up the rankings, CSOB accounted for 23.2% of the sector’s net profit in 2017. The top 3 companies held a 62.4% share while the five largest firms some 77.8% in 2017.

You can see all the banks net profit data on the Net Profit indicator page or you can download a report on the Czech banks in the report section.