Ceskomoravska Stavebni Sporitelna's cost to income ratio reached 54.7% in the fourth quarter of 2017, up from 42.1% when compared to the previous quarter.
Historically, the bank’s costs reached an all time high of 54.7% of income in 4Q2017 and an all time low of 33.2% in 3Q2015.
When compared to total assets, bank's cost amounted to 0.973% in 4Q2017, up from 0.755% in the previous quarter.
Staff accounted for 43.8% of total operating expenditures in the fourth quarter of 2017. The bank operated a network of 302 branches and employed 530 persons in 4Q2017.
When compared to bank's main peers, Modra Pyramida Stavebni Sporitelna operated in 4Q2017 with a cost to income ratio of 43.3% Raiffeisen Stavebni Sporitelna reached 28.6% and Stavebni Sporitelna Ceske Sporitelny some 57.1%.