Raiffeisen has announced a post tax profit of 748m ($976m) for fiscal 2012, down 23% year on year.
Assets at the bank fell by 7.4% to 136bn.
The banks net interest income fell by 5.3% to 3.5bn.
Cost to income ratio at the bank rose by 6.5 percentage points to 63.5%.
More positive metrics at the bank include a rise in net fee and commission income of 1.8% to 1.5m and a rise in market capitalisation of 56.7% to 6.1bn;
Herbert Stepic, CEO of Raiffeisen, said: "While this result is a quarter below the figure reported for 2011, it once again places us well ahead of all the other banks in Austria.
We achieved that in yet another year with a challenging economic environment and despite the significant increase in our core tier 1 ratio as well as the payment of a substantial bank levy."
The bank continues to grow in terms of branches, reporting a rise of 178 (6%) in branches over to year, bringing the total to 3,106.
Customers of the bank is also up by 3%, with the total customers at the bank at 14.2m at the end of 2012.