Komercní Banka, A.S. Reports Earnings Results for the First Quarter Ended March 31, 2021
May 06, 2021 at 12:00 am EDT
Share
Komercní banka, a.s. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced net income was CZK 1,997 million compared to CZK 2,658 million a year ago.
Komercni Banka a.s. is one of the largest Czech banking groups. Net interest income breaks down by activity as follows:
- retail bank (59.1%): sale of classic and specialized banking products and services (leasing, consumer loan, retirement funds management, insurance, etc.);
- business bank (33.1%);
- investment and market bank (5%): investment funds management, financial intermediation, etc.;
- other (2.8%).
At the end of 2021, the group had CZK 948.6 billion in current deposits and CZK 738.9 billion in current loans.
Products and services are ensured through a network of 242 branches located in Czech Republic.
KOMERCNÍ BANKA, 
