Strong Financial Performance
Komercni banka reported a record fourth quarter net income, the strongest in the bank's history, with a full-year net income of CZK17.2 billion, growing over 10% from the previous year.
Increase in Client Loans and Deposits
Client deposits grew by 2.3% year-over-year, while client loans increased by 2.5%, including a significant 34.1% rise in new housing loans.
Significant Growth in Assets Under Management
Assets under management rose by 11%, with mutual funds growing by over 20%.
Award and Dividend Proposal
Komercni banka was named the Responsible Bank of the Year 2024 and proposed a 100% dividend payout of consolidated net profit for both 2024 and 2025.
Positive Cost Management
Operating expenses grew by only 2.3%, below the inflation rate, with a cost-to-income ratio improving to 48.2%.