Wustenrot Stavebni Sporitelna's net interest margin amounted to 1.77% in the first quarter of 2017, down from 1.85% when compared to the previous quarter.
Historically, the bank’s net interest margin reached an all time high of 4.02% in 3Q2005 and an all time low of 0.733% in 4Q2007. The average margin in the last six quarters amounted to 1.76%.
Average asset yield was 3.48% in 1Q2017, down from 3.64% when compared to the same period last year. On the other hand, cost of funding amounted to 1.88% in 1Q2017, down from 2.18%.
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%.