Ceskomoravska Stavebni Sporitelna's net interest margin amounted to 1.40% in the fourth quarter of 2017, up from 1.35% 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 1.51%.
Average asset yield was 2.83% in 4Q2017, down from 3.16% when compared to the same period last year. On the other hand, cost of funding amounted to 1.52% in 4Q2017, down from 1.62%.
When compared to bank's main peers, Modra Pyramida Stavebni Sporitelna operated in the fourth quarter of 2017 with a net interest margin of 1.79% Raiffeisen Stavebni Sporitelna reached 1.35% and Stavebni Sporitelna Ceske Sporitelny some 1.32%.