Česká spořitelna continues in strong performance in its 200th Anniversary Year
As of 31 March, 2025, Česká spořitelna reported an unaudited consolidated net profit of CZK 5.7 bn, according to the International Financial Reporting Standards (IFRS). Operating result reached CZK 7.8 bn.
"Česká spořitelna continues to deliver excellent performance in its milestone 200th year, driven above all by the ongoing trust of our clients. This strong momentum has been maintained despite turbulence in capital markets, triggered by concerns over the potential global introduction of trade tariffs.
Loan volumes grew by 7.4% year-on-year, with a notable 9.3% increase in mortgage lending. Deposit volumes rose by 5.6% year-on-year, contributing positively to both net interest income and commission income.
Crucially, the bank has maintained a high-quality loan portfolio and continues to operate with strong efficiency, as reflected in a cost/income ratio below 45%," said Ivan Vondra, Česká spořitelna’s CFO in his reaction to the Bank´s Q1 2025 financial results.
You will find more information in the attached press release and presentation.