Raiffeisen Stavebni Sporitelna's net interest margin amounted to 1.30% in the first quarter of 2017, down from 1.50% when compared to the previous quarter.
Historically, the bank’s net interest margin reached an all time high of 2.22% in 4Q2008 and an all time low of 0.412% in 3Q2003. The average margin in the last six quarters amounted to 1.19%.
Average asset yield was 2.65% in 1Q2017, up from 2.61% when compared to the same period last year. On the other hand, cost of funding amounted to 1.46% in 1Q2017, down from 1.86%.
When compared to bank's main peers, Ceskomoravska Stavebni Sporitelna operated in the first quarter of 2017 with a net interest margin of 1.54% Modra Pyramida Stavebni Sporitelna reached 1.90% and Stavebni Sporitelna Ceske Sporitelny some 1.12%.