Hypoteční Banka is the largest player on the Czech mortgage lending market, with a share of over 25%. Despite being a 100% subsidiary of ČSOB, the Czech Republic's largest bank, Hypoteční has kept its distinctive brand name and relatively high level of independence.
This is well deserved as the bank has been showing a very impressive performance over the last decade. The numbers suggest that the bank possesses all the right ingredients for success; it is exposed to the fastest-growing area of banking, mortgage lending (its loan book has doubled over the last five years), it is extremely cost-efficient, with costs accounting for less than 16% of revenues, its asset quality remains under good control (with non-performing loans at 3.8% of the total at the end of 2012) and its interest margins are still good (above 200 bp) in spite of the declining interest rates. When adjusted for hefty overcapitalisation, Hypoteční Banka’s ROE jumps to a more realistic 20-30%, one of the highest figures in the Czech banking sector.
This excel file offers a summary of the company's performance in between 1Q2001-1Q2013, both on the quarterly as well as the annual basis. You will find here all the key numbers from the bank's balance sheet, income statement and main ratios related to the bank's business. In addition, the file provides a detailed overview of the bank's market position in the comparison with the overall banking sector.