In the first quarter of 2017, mBank Group earned a net profit of PLN 219 million. The result was helped by higher income (over PLN 1 billion) and positive business development with customer base growing by 100 thousand quarter on quarter. The profit was reduced by a contribution to the Bank Guarantee Fund’s resolution scheme.
In Q1 2017, the income of mBank Group increased by 3.5% QoQ to PLN 1.08 billion. It was driven by a higher net trading income and stable income from the core business.
Spokesman at mBank Poland