UniCredit Bank sees 5% rise in net profit in Czech Republic and Slovakia

UniCredit Bank, operating in both the Czech Republic and Slovakia, recorded a net profit of EUR 108 million (CZK 2.7 billion) in the first quarter of 2025. This marks a year-on-year increase of 4.9 percent, according to results published by the bank’s parent company. The positive performance aligns with broader profit growth trends among other banks in the region.

Customer deposits at UniCredit Bank rose by 11.9 percent over the past year, reaching CZK 633 billion, while the volume of loans granted grew by 4.7 percent to CZK 604 billion. The bank also reported a strong increase in net income from fees and commissions, which climbed by 25.9 percent to CZK 2 billion. However, net interest income declined by 4.5 percent to CZK 3.9 billion. Overall, the bank’s net operating profit stood at CZK 3.7 billion.

UniCredit Bank’s results were part of a broader trend of profit growth in the Czech banking sector. Česká spořitelna reported a first-quarter net profit of CZK 5.7 billion, a slight increase of 0.3 percent year-on-year. Komerční banka’s profit surged by 49.3 percent to CZK 4.2 billion, Moneta Money Bank saw a 14 percent rise to CZK 1.5 billion, and Raiffeisenbank posted a 21 percent increase to CZK 1.7 billion.

UniCredit Bank entered the Czech market in November 2007 following the merger of HVB Bank and Živnostenská banka. Today, the bank serves nearly 900,000 clients across the Czech Republic and Slovakia.