Stavebni Sporitelna Ceske Sporitelny's net interest margin amounted to 1.12% in the first quarter of 2017, down from 1.18% when compared to the previous quarter.
Historically, the bank’s net interest margin reached an all time high of 2.33% in 4Q2008 and an all time low of 0.793% in 1Q2004. The average margin in the last six quarters amounted to 1.21%.
Average asset yield was 2.50% in 1Q2017, down from 2.76% when compared to the same period last year. On the other hand, cost of funding amounted to 1.48% in 1Q2017, down from 1.67%.
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% Raiffeisen Stavebni Sporitelna reached 1.30% and Modra Pyramida Stavebni Sporitelna some 1.90%.