By Helgi Library - November 23, 2023
Fio banka made a net profit of CZK 1,707 mil in the third quarter of 2023, up 34.4% when compared to the same period of last year...
By Helgi Library - November 23, 2023
Fio banka made a net profit of CZK 1,707 mil under revenues of CZK 2,293 mil in the third quarter of 2023, up 34.4% and 32% ...
By Helgi Library - November 24, 2023
Fio banka employed 119 persons in 2023-09-30, up 5.31% when compared to the previous year. Historically, the bank's workforce hi...
Profit Statement | 2020 | 2021 | 2022 | |
Net Interest Income | CZK mil | 2,007 | 2,494 | 5,412 |
Net Fee Income | CZK mil | 433 | 524 | 652 |
Other Income | CZK mil | 602 | 769 | 699 |
Total Revenues | CZK mil | 3,064 | 3,809 | 6,786 |
Staff Cost | CZK mil | 131 | 160 | 184 |
Operating Profit | CZK mil | 2,096 | 2,749 | 5,563 |
Provisions | CZK mil | 636 | -111 | 423 |
Net Profit | CZK mil | 1,177 | 2,338 | 4,406 |
Balance Sheet | 2020 | 2021 | 2022 | |
Interbank Loans | CZK mil | 1,915 | 2,289 | 3,190 |
Customer Loans | CZK mil | 26,145 | 37,454 | 41,255 |
Investments | CZK mil | 68,763 | 117,878 | 125,640 |
Total Assets | CZK mil | 182,537 | 214,685 | 229,428 |
Shareholders' Equity | CZK mil | 5,602 | 8,225 | 12,346 |
Interbank Borrowing | CZK mil | 224 | 139 | 33.2 |
Customer Deposits | CZK mil | 174,860 | 203,397 | 212,102 |
Issued Debt Securities | CZK mil | 90.0 | 679 | 691 |
Ratios | 2020 | 2021 | 2022 | |
ROE | % | 23.4 | 33.8 | 42.8 |
ROA | % | 0.715 | 1.18 | 1.98 |
Costs (As % Of Assets) | % | 0.588 | 0.534 | 0.551 |
Costs (As % Of Income) | % | 31.6 | 27.8 | 18.0 |
Capital Adequacy Ratio | % | 21.1 | 22.6 | 32.8 |
Net Interest Margin | % | 1.22 | 1.26 | 2.44 |
Loans (As % Of Deposits) | % | 15.0 | 18.4 | 19.5 |
NPLs (As % Of Loans) | % | 13.6 | 9.47 | 9.61 |
Provisions (As % Of NPLs) | % | 42.1 | 38.0 | 44.6 |
Growth Rates | 2020 | 2021 | 2022 | |
Total Revenue Growth | % | -7.95 | 24.3 | 78.1 |
Operating Cost Growth | % | 21.4 | 9.61 | 15.3 |
Operating Profit Growth | % | -17.2 | 31.1 | 102 |
Net Profit Growth | % | -34.8 | 98.7 | 88.4 |
Customer Loan Growth | % | 29.8 | 43.3 | 10.2 |
Total Asset Growth | % | 24.4 | 17.6 | 6.87 |
Customer Deposit Growth | % | 24.5 | 16.3 | 4.28 |
Shareholders' Equity Growth | % | 25.8 | 46.8 | 50.1 |
Employees | 86.0 | 98.0 | 114 |
Get all company financials in excel:
summary | Unit | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
income statement | |||||||||||||||||||||
Net Interest Income | CZK mil | 431 | 561 | 1,303 | 2,398 | 2,007 | |||||||||||||||
Total Revenues | CZK mil | 743 | 1,493 | 2,155 | 3,328 | 3,064 | |||||||||||||||
Operating Profit | CZK mil | 156 | 871 | 1,470 | 2,531 | 2,096 | |||||||||||||||
Net Profit | CZK mil | 178 | 408 | 1,028 | 1,803 | 1,177 | |||||||||||||||
balance sheet | |||||||||||||||||||||
Interbank Loans | CZK mil | 1,454 | 2,064 | 1,810 | 2,097 | 1,915 | |||||||||||||||
Customer Loans | CZK mil | 13,801 | 13,147 | 15,134 | 20,148 | 26,145 | |||||||||||||||
Investments | CZK mil | 5,013 | 4,406 | 4,335 | 4,358 | 68,763 | |||||||||||||||
Total Assets | CZK mil | 80,480 | 107,574 | 124,500 | 146,770 | 182,537 | |||||||||||||||
Shareholders' Equity | CZK mil | 1,251 | 1,659 | 2,642 | 4,454 | 5,602 | |||||||||||||||
Interbank Borrowing | CZK mil | 172 | 173 | 237 | 233 | 224 | |||||||||||||||
Customer Deposits | CZK mil | 77,876 | 103,711 | 120,583 | 140,442 | 174,860 | |||||||||||||||
Issued Debt Securities | CZK mil | 0 | 90.0 | 90.0 | 90.0 | 90.0 | |||||||||||||||
ratios | |||||||||||||||||||||
ROE | % | ... | 15.5 | 28.1 | 47.8 | 50.8 | 23.4 | ||||||||||||||
ROA | % | ... | 0.258 | 0.434 | 0.886 | 1.33 | 0.715 | ||||||||||||||
Costs (As % Of Assets) | % | ... | 0.850 | 0.661 | 0.591 | 0.588 | 0.588 | ||||||||||||||
Costs (As % Of Income) | % | 79.0 | 41.6 | 31.8 | 24.0 | 31.6 | |||||||||||||||
Capital Adequacy Ratio | % | ... | ... | ... | ... | ... | ... | ... | 11.2 | 12.5 | 15.3 | 18.2 | 21.1 | ||||||||
Net Interest Margin | % | ... | 0.624 | 0.597 | 1.12 | 1.77 | 1.22 | ||||||||||||||
Interest Income (As % Of Revenues) | % | 58.0 | 37.6 | 60.5 | 72.0 | 65.5 | |||||||||||||||
Fee Income (As % Of Revenues) | % | 34.1 | 23.9 | 14.8 | 11.3 | 14.1 | |||||||||||||||
Staff Cost (As % Of Total Cost) | % | 4.98 | 5.20 | 6.15 | 13.6 | 13.6 | |||||||||||||||
Equity (As % Of Assets) | % | 1.55 | 1.54 | 2.12 | 3.03 | 3.07 | |||||||||||||||
Loans (As % Of Deposits) | % | 17.7 | 12.7 | 12.6 | 14.3 | 15.0 | |||||||||||||||
Loans (As % Assets) | % | 17.1 | 12.2 | 12.2 | 13.7 | 14.3 | |||||||||||||||
NPLs (As % Of Loans) | % | ... | ... | ... | ... | ... | ... | ... | 9.94 | 7.92 | 5.59 | 10.8 | 13.6 | ||||||||
Provisions (As % Of NPLs) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | 15.5 | 48.7 | 63.2 | 39.5 | 42.1 |
income statement | Unit | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
income statement | |||||||||||||||||||||
Interest Income | CZK mil | 504 | 628 | 1,562 | 2,920 | 2,353 | |||||||||||||||
Interest Cost | CZK mil | 73.5 | 66.6 | 259 | 522 | 346 | |||||||||||||||
Net Interest Income | CZK mil | 431 | 561 | 1,303 | 2,398 | 2,007 | |||||||||||||||
Net Fee Income | CZK mil | 253 | 357 | 318 | 376 | 433 | |||||||||||||||
Fee Income | CZK mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 603 | 705 | ||
Fee Expense | CZK mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 227 | 272 | ||
Other Income | CZK mil | 58.7 | 575 | 534 | 555 | 602 | |||||||||||||||
Total Revenues | CZK mil | 743 | 1,493 | 2,155 | 3,328 | 3,064 | |||||||||||||||
Staff Cost | CZK mil | 29.2 | 32.3 | 42.1 | 108 | 131 | |||||||||||||||
Depreciation | CZK mil | 6.92 | 8.62 | 7.97 | 51.6 | 106 | |||||||||||||||
Other Cost | CZK mil | 551 | 581 | 635 | 638 | 731 | |||||||||||||||
Operating Cost | CZK mil | 587 | 622 | 685 | 797 | 967 | |||||||||||||||
Operating Profit | CZK mil | 156 | 871 | 1,470 | 2,531 | 2,096 | |||||||||||||||
Provisions | CZK mil | -61.9 | 393 | 217 | 306 | 636 | |||||||||||||||
Extra and Other Cost | CZK mil | 0 | -1.99 | -4.07 | -0.640 | -3.80 | |||||||||||||||
Pre-Tax Profit | CZK mil | 218 | 481 | 1,257 | 2,225 | 1,464 | |||||||||||||||
Tax | CZK mil | 39.2 | 72.7 | 229 | 422 | 287 | |||||||||||||||
Minorities | CZK mil | 0 | 0 | 0 | 0 | 0 | |||||||||||||||
Net Profit | CZK mil | 178 | 408 | 1,028 | 1,803 | 1,177 | |||||||||||||||
Net Profit Avail. to Common | CZK mil | 178 | 408 | 1,028 | 1,803 | 1,177 | |||||||||||||||
growth rates | |||||||||||||||||||||
Net Interest Income Growth | % | ... | 9.12 | 30.2 | 132 | 84.0 | -16.3 | ||||||||||||||
Net Fee Income Growth | % | ... | -10.1 | 40.9 | -10.8 | 18.0 | 15.3 | ||||||||||||||
Total Revenue Growth | % | ... | -26.7 | 101 | 44.4 | 54.4 | -7.95 | ||||||||||||||
Operating Cost Growth | % | ... | 3.72 | 5.84 | 10.3 | 16.3 | 21.4 | ||||||||||||||
Operating Profit Growth | % | ... | -65.1 | 460 | 68.7 | 72.2 | -17.2 | ||||||||||||||
Pre-Tax Profit Growth | % | ... | 136 | 121 | 161 | 77.1 | -34.2 | ||||||||||||||
Net Profit Growth | % | ... | 237 | 129 | 152 | 75.3 | -34.8 | ||||||||||||||
market share | |||||||||||||||||||||
Market Share in Revenues | % | 0.412 | 0.833 | 1.13 | 1.65 | 1.70 | |||||||||||||||
Market Share in Net Profit | % | 0.241 | 0.542 | 1.26 | 1.98 | 2.48 | |||||||||||||||
Market Share in Employees | % | ... | ... | ... | ... | ... | 0.129 | 0.117 | 0.127 | 0.173 | 0.211 | ||||||||||
Market Share in Branches | % | ... | ... | ... | ... | ... | ... | ... | 4.55 | 4.94 | 5.22 | 5.48 | 6.31 |
balance sheet | Unit | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
balance sheet | |||||||||||||||||||||
Cash & Cash Equivalents | CZK mil | 58,842 | 86,780 | 101,908 | 118,148 | 81,087 | |||||||||||||||
Interbank Loans | CZK mil | 1,454 | 2,064 | 1,810 | 2,097 | 1,915 | |||||||||||||||
Customer Loans | CZK mil | 13,801 | 13,147 | 15,134 | 20,148 | 26,145 | |||||||||||||||
Retail Loans | CZK mil | ... | ... | ... | ... | ... | ... | ... | 4,465 | 5,370 | 5,198 | 7,161 | 9,766 | ||||||||
Corporate Loans | CZK mil | ... | ... | ... | ... | ... | ... | ... | 9,336 | 7,776 | 9,936 | 12,988 | 16,379 | ||||||||
Investments | CZK mil | 5,013 | 4,406 | 4,335 | 4,358 | 68,763 | |||||||||||||||
Property and Equipment | CZK mil | 17.8 | 17.4 | 14.5 | 244 | 500 | |||||||||||||||
Intangible Assets | CZK mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 4.20 | 2.72 | ||
Total Assets | CZK mil | 80,480 | 107,574 | 124,500 | 146,770 | 182,537 | |||||||||||||||
Shareholders' Equity | CZK mil | 1,251 | 1,659 | 2,642 | 4,454 | 5,602 | |||||||||||||||
Of Which Minority Interest | CZK mil | 0 | 0 | 0 | 0 | 0 | |||||||||||||||
Liabilities | CZK mil | 79,229 | 105,915 | 121,857 | 142,317 | 176,935 | |||||||||||||||
Interbank Borrowing | CZK mil | 172 | 173 | 237 | 233 | 224 | |||||||||||||||
Customer Deposits | CZK mil | 77,876 | 103,711 | 120,583 | 140,442 | 174,860 | |||||||||||||||
Sight Deposits | CZK mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 73,564 | 99,697 | 116,504 | 136,106 | 171,286 | ||||
Term Deposits | CZK mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 4,312 | 4,014 | 4,080 | 4,336 | 3,574 | ||||
Issued Debt Securities | CZK mil | 0 | 90.0 | 90.0 | 90.0 | 90.0 | |||||||||||||||
Subordinated Debt | CZK mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ||
Other Liabilities | CZK mil | 1,181 | 1,941 | 948 | 1,551 | 1,761 | |||||||||||||||
asset quality | |||||||||||||||||||||
Non-Performing Loans | CZK mil | ... | ... | ... | ... | ... | ... | ... | 1,393 | 1,083 | 878 | 2,176 | 3,555 | ||||||||
Gross Loans | CZK mil | ... | ... | ... | ... | ... | ... | ... | 14,016 | 13,674 | 15,688 | 20,148 | 26,145 | ||||||||
Risk-Weighted Assets | CZK mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 11,517 | 13,377 | 17,133 | 23,797 | 24,450 | |||||
Total Provisions | CZK mil | ... | ... | ... | ... | ... | ... | ... | 215 | 527 | 555 | 861 | 1,497 | ||||||||
growth rates | |||||||||||||||||||||
Customer Loan Growth | % | ... | 3.87 | -4.74 | 15.1 | 33.1 | 29.8 | ||||||||||||||
Retail Loan Growth | % | ... | ... | ... | ... | ... | ... | ... | ... | -3.29 | 20.3 | -3.22 | 37.8 | 36.4 | |||||||
Corporate Loan Growth | % | ... | ... | ... | ... | ... | ... | ... | ... | 7.69 | -16.7 | 27.8 | 30.7 | 26.1 | |||||||
Total Asset Growth | % | ... | 39.7 | 33.7 | 15.7 | 17.9 | 24.4 | ||||||||||||||
Shareholders' Equity Growth | % | ... | 18.5 | 32.6 | 59.3 | 68.6 | 25.8 | ||||||||||||||
Customer Deposit Growth | % | ... | 40.8 | 33.2 | 16.3 | 16.5 | 24.5 | ||||||||||||||
market share | |||||||||||||||||||||
Market Share in Customer Loans | % | 0.468 | 0.426 | 0.458 | 0.584 | 0.727 | |||||||||||||||
Market Share in Corporate Loans | % | ... | ... | ... | ... | ... | ... | ... | 0.957 | 0.761 | 0.920 | 1.16 | 1.46 | ||||||||
Market Share in Retail Loans | % | ... | ... | ... | ... | ... | ... | ... | 0.315 | 0.352 | 0.316 | 0.410 | 0.525 | ||||||||
Market Share in Consumer Loans | % | ... | ... | ... | ... | ... | ... | ... | 0.314 | 0.351 | 0.316 | 0.410 | 0.525 | ... | |||||||
Market Share in Total Assets | % | 1.35 | 1.54 | 1.71 | 1.94 | 2.29 | |||||||||||||||
Market Share in Customer Deposits | % | 2.07 | 2.49 | 2.71 | 2.96 | 3.39 |
ratios | Unit | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
ROE | % | ... | 15.5 | 28.1 | 47.8 | 50.8 | 23.4 | ||||||||||||||
ROTE | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 23.4 | ||
ROE (@ 15% of RWA) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 11.6 | 21.9 | 44.9 | 58.7 | 32.5 | ||||
ROA | % | ... | 0.258 | 0.434 | 0.886 | 1.33 | 0.715 | ||||||||||||||
Return on Loans | % | ... | 1.32 | 3.03 | 7.27 | 10.2 | 5.08 | ||||||||||||||
Operating Profit (As % of RWA) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 1.52 | 7.00 | 9.64 | 12.4 | 8.69 | ||||
Costs (As % Of Assets) | % | ... | 0.850 | 0.661 | 0.591 | 0.588 | 0.588 | ||||||||||||||
Costs (As % Of Income) | % | 79.0 | 41.6 | 31.8 | 24.0 | 31.6 | |||||||||||||||
Costs (As % Of Loans) | % | ... | 4.34 | 4.61 | 4.85 | 4.52 | 4.18 | ||||||||||||||
Costs (As % Of Loans & Deposits) | % | ... | 0.733 | 0.596 | 0.543 | 0.538 | 0.535 | ||||||||||||||
Capital Adequacy Ratio | % | ... | ... | ... | ... | ... | ... | ... | 11.2 | 12.5 | 15.3 | 18.2 | 21.1 | ||||||||
Tier 1 Ratio | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 10.3 | 11.8 | 14.7 | 17.8 | 20.7 | |||||
Net Interest Margin | % | ... | 0.624 | 0.597 | 1.12 | 1.77 | 1.22 | ||||||||||||||
Interest Spread | % | ... | 0.622 | 0.596 | 1.12 | 1.76 | 1.21 | ||||||||||||||
Asset Yield | % | ... | 0.731 | 0.668 | 1.35 | 2.15 | 1.43 | ||||||||||||||
Revenues (As % of RWA) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 7.27 | 12.0 | 14.1 | 16.3 | 12.7 | ||||
Cost Of Liabilities | % | ... | 0.108 | 0.072 | 0.228 | 0.395 | 0.217 | ||||||||||||||
Interest Income (As % Of Revenues) | % | 58.0 | 37.6 | 60.5 | 72.0 | 65.5 | |||||||||||||||
Fee Income (As % Of Revenues) | % | 34.1 | 23.9 | 14.8 | 11.3 | 14.1 | |||||||||||||||
Other Income (As % Of Revenues) | % | 7.91 | 38.5 | 24.8 | 16.7 | 19.6 | |||||||||||||||
Staff Cost (As % Of Total Cost) | % | 4.98 | 5.20 | 6.15 | 13.6 | 13.6 | |||||||||||||||
Equity (As % Of Assets) | % | 1.55 | 1.54 | 2.12 | 3.03 | 3.07 | |||||||||||||||
Equity (As % Of Loans) | % | 9.07 | 12.6 | 17.5 | 22.1 | 21.4 | |||||||||||||||
Loans (As % Of Deposits) | % | 17.7 | 12.7 | 12.6 | 14.3 | 15.0 | |||||||||||||||
Loans (As % Assets) | % | 17.1 | 12.2 | 12.2 | 13.7 | 14.3 | |||||||||||||||
NPLs (As % Of Loans) | % | ... | ... | ... | ... | ... | ... | ... | 9.94 | 7.92 | 5.59 | 10.8 | 13.6 | ||||||||
Provisions (As % Of NPLs) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | 15.5 | 48.7 | 63.2 | 39.5 | 42.1 | ||||||
Provisions (As % Of Loans) | % | ... | ... | ... | ... | ... | ... | ... | 1.56 | 4.01 | 3.67 | 4.27 | 5.72 | ||||||||
Cost of Provisions (As % Of Loans) | % | ... | -0.457 | 2.91 | 1.54 | 1.74 | 2.75 |
other data | Unit | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
Branches | ... | ... | ... | ... | ... | ... | ... | 93.0 | 96.0 | 102 | 104 | 106 | |||||||||
ATMs | ... | ... | ... | ... | ... | ... | ... | ... | 159 | 168 | 179 | ... | ... | ... | ... | ||||||
ATMs (As % of Bank Branches) | % | ... | ... | ... | ... | ... | ... | ... | ... | 171 | 175 | 175 | ... | ... | ... | ... | |||||
Employees | ... | ... | ... | ... | ... | 53.0 | 49.0 | 53.0 | 72.0 | 86.0 | |||||||||||
Employees Per Bank Branch | ... | ... | ... | ... | ... | ... | ... | 0.570 | 0.510 | 0.520 | 0.692 | 0.811 | |||||||||
Cost Per Employee | USD per month | ... | ... | ... | ... | ... | 1,821 | 2,343 | 3,029 | 5,551 | 5,780 | ||||||||||
Cost Per Employee (Local Currency) | CZK per month | ... | ... | ... | ... | ... | 45,950 | 54,988 | 66,272 | 125,131 | 127,172 |
customer breakdown | Unit | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
Customers | mil | 0.670 | 0.785 | 0.900 | 0.950 | 1.05 | |||||||||||||||
Average Size of Mortgage Loan | CZK | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 1,352,000 | 1,393,000 | 1,451,000 | 1,444,000 | 1,444,000 | ... | ... | |||
Revenue per Customer (Local Currency) | CZK | 1,109 | 1,902 | 2,395 | 3,503 | 2,918 | |||||||||||||||
Net Profit per Customer (Local Currency) | CZK | 266 | 520 | 1,143 | 1,898 | 1,120 | |||||||||||||||
Loan per Customer (Local Currency) | CZK | 20,599 | 16,748 | 16,815 | 21,209 | 24,900 | |||||||||||||||
Deposit per Customer (Local Currency) | CZK | 116,233 | 132,116 | 133,981 | 147,834 | 166,534 | |||||||||||||||
Revenue per Customer | USD | 43.9 | 81.1 | 109 | 155 | 133 | |||||||||||||||
Net Profit per Customer | USD | 10.6 | 22.2 | 52.2 | 84.2 | 50.9 | |||||||||||||||
Loan per Customer | USD | 803 | 787 | 748 | 938 | 1,164 | |||||||||||||||
Deposit per Customer | USD | 4,533 | 6,205 | 5,964 | 6,535 | 7,787 |
Get all company financials in excel:
By Helgi Library - November 23, 2023
Fio banka's net interest margin amounted to 3.13% in the third quarter of 2023, down from 3.29% when compared to the previous quarter. Historically, the bank’s net interest margin reached an all time high of 3.29% in 2Q2023 and an all time low of 0.263%...
By Helgi Library - November 23, 2023
Fio banka's customer loans reached CZK 45,500 mil in 2023-06-30, up 5.81% compared to the previous year. Czech banking sector provided customer loans of CZK 4,206 in 2023-06-30, up 2.15% when compared to the last year. Fio banka accounted for 1.08% of all...
By Helgi Library - September 30, 2023
Fio banka generated total banking revenues of CZK 2,327 mil in 2023-06-30, up 11.3% compared to the previous year. Czech banking sector banking sector generated total revenues of CZK 67,123 mil in 2023-06-30, up 20.3% when compared to the last year. ...
By Helgi Library - November 23, 2023
Fio banka's capital adequacy ratio reached 36.3% at the end of third quarter of 2023, up from 35.3% when compared to the previous quarter. Historically, the bank’s capital ratio hit an all time high of 36.3% in 3Q2023 and an all time low of 10.4% in 2Q2014. T...
By Helgi Library - November 23, 2023
Fio banka's retail loans reached CZK 21,500 mil in the second quarter of 2023, up 7.50% compared to the previous year. Czech banking sector provided retail loans of CZK 2,203 bil in 2Q2023, up 2.19% when compared to the last year. Fio banka accounted for ...
By Helgi Library - November 23, 2023
Fio banka's customer deposits reached CZK 225,137 mil in 2023-06-30, up 3.01% compared to the previous year. Czech banking sector accepted customer deposits of CZK 6,832 bil in 2023-06-30, up 3.12% when compared to the last year. Fio banka accounted for 3...
By Helgi Library - November 23, 2023
Fio banka generated total banking revenues of CZK 2,293 mil in the third quarter of 2023, up 32% when compared to the same period of last year and down 1.46% when compared to the previous quarter. Historically, the bank’s revenues containing of in...
By Helgi Library - November 23, 2023
Fio banka's non-performing loans reached 8.29% of total loans at the end of 2023-09-30, down from 8.98% compared to the previous year. Historically, the NPL ratio hit an all time high of 20.4% in 2013-09-30 and an all time low of 4.21% in 2018-09-30. Provis...
By Helgi Library - November 24, 2023
Fio banka's cost to income ratio reached 15.5% in the third quarter of 2023, down from 16.0% when compared to the previous quarter. Historically, the bank’s costs reached an all time high of 2,685% of income in 4Q2011 and an all time low of 14.4% in 1Q2023. ...
By Helgi Library - November 23, 2023
Fio banka's Equity reached 6.75% of total assets in the 3Q2023, up from 4.93% for the previous year. As a share of net customer loans, the ratio amounted to 35.6% at the end of the third quarter of 2023. ...
Fio banka is a young Czech bank established only in 2008. But, the history of Fio dates back to 1993 when a group of students established a securities broker. Since then, Fio has expanded both geographically (as it entered a number of stock exchanges in the Central Europe and elsewehere) as well as business-wise (with a credit union started in 1996). The expansion has been crowned by a an acquisition of RM-System, Czech Republic's off-market securities exchange. Nowadays, the bank already services more than 900,000 clients through a network of 80 branches occuppying around 1% of the Czech banking market by assets (2018 figures).
Fio banka has been growing its revenues and asset by 31.5% and 28.6% a year on average in the last 10 years. Its loans and deposits have grown by 20.4% and 28.6% a year during that time and loans to deposits ratio reached 19.5% at the end of 2022. The company achieved an average return on equity of 25.7% in the last decade with net profit growing 52.8% a year on average. In terms of operating efficiency, its cost to income ratio reached 18.0% in 2022, compared to 45.5% average in the last decade.
Equity represented 5.38% of total assets or 29.9% of loans at the end of 2022. Fio banka's non-performing loans were 9.61% of total loans while provisions covered some 44.6% of NPLs at the end of 2022.