Based on a comparison of 14 firms among PX Index, Erste Group Bank generated the highest net profit in 2017 followed by CEZ and Komercni Banka.
Erste Group Bank made a net profit of CZK 38,560 mil, down 3.23% compared to the previous year. Historically, the firm’s net profit reached an all time high of CZK 39,847 mil in 2016 and an all time low of CZK -2,895 mil in 2014. The average profit in the last five years amounted to CZK 23,982 mil.
The company generated an average return on equity of 5.67% for its shareholders in the last five years with a maximum of 9.38% and a minimum of -0.744%.
Comparing Erste Group Bank with its closest peers, CEZ generated a net profit of CZK 18,765 mil with a ROE of 7.28% in 2017, Komercni Banka netted CZK 14,930 mil (ROE of 14.5%) and Vienna Insurance Group announced a net profit of CZK 7,859 mil giving a ROE of 6.33%.