As of 31 December 2017, Česká spořitelna reported an unaudited consolidated net profit of CZK 14.6 bn, according to International Financial Reporting Standards (IFRS). In 2016, net profit amounted to CZK 15.5 bn supported by one-off income from the sale of an equity stake in Visa Europe. Net profit, for that reason, dropped by 5.5% in a year-on-year comparison. Nonetheless, the gross volume of loans provided by Česká spořitelna to its customers kept growing strongly; excluding reverse repo operations went up by 9.2% in 2017. Reported growth was 9.8%.

The relevant text is stated in the following document:

Press release - Česká spořitelna’s Consolidated Net rofit reached CZK 1 bn in 2017 (English version)

Press release - Česká spořitelna’s Consolidated Net rofit reached CZK 1 bn in 2017 (Czech version)

Business results of Česká spořitelna

Česká spořitelna