Ceskomoravska Stavebni Sporitelna's net interest margin amounted to 1.54% in the first quarter of 2017, down from 1.64% when compared to the previous quarter.
Historically, the bank’s net interest margin reached an all time high of 2.28% in 4Q2009 and an all time low of 0.906% in 4Q2003. The average margin in the last six quarters amounted to 1.62%.
Average asset yield was 3.07% in 1Q2017, down from 3.29% when compared to the same period last year. On the other hand, cost of funding amounted to 1.64% in 1Q2017, down from 1.75%.
When compared to bank's main peers, Modra Pyramida Stavebni Sporitelna operated in the first quarter of 2017 with a net interest margin of 1.90% Raiffeisen Stavebni Sporitelna reached 1.30% and Stavebni Sporitelna Ceske Sporitelny some 1.12%.