Erste Group Bank's net interest margin amounted to 1.73% in the fourth quarter of 2020, down from 1.78% when compared to the previous quarter.
Historically, the bank’s net interest margin reached an all time high of 2.29% in 4Q2013 and an all time low of 1.73% in 4Q2020. The average margin in the last six quarters amounted to 1.85%.
Average asset yield was 2.31% in 4Q2020, down from 2.94% when compared to the same period last year. On the other hand, cost of funding amounted to 0.629% in 4Q2020, down from 1.05%.
When compared to bank's main peers, OTP Group operated in the fourth quarter of 2020 with a net interest margin of 3.45% PKO BP reached 2.59% and Sberbank some 4.80%.
You can see all the bank’s data at Erste Group Bank Profile, or you can download a report on the bank in the report section.
Net Interest Margin | Unit | Sep 2008 | Dec 2008 | Mar 2009 | Jun 2009 | Sep 2009 | Dec 2009 | Mar 2010 | Jun 2010 | Sep 2010 | Dec 2010 | Mar 2011 | Jun 2011 | Sep 2011 | Dec 2011 | Mar 2012 | Jun 2012 | Sep 2012 | Dec 2012 | Mar 2013 | Jun 2013 | Sep 2013 | Dec 2013 | Mar 2014 | Jun 2014 | Sep 2014 | Dec 2014 | Mar 2015 | Jun 2015 | Sep 2015 | Dec 2015 | Mar 2016 | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 |
Erste Group Bank | % | 1.93% | 1.91% | 1.98% | 1.94% | 1.79% | |||||||||||||||||||||||||||||||||||||||||||||
Raiffeisen Bank Int. | % | 2.32% | 2.32% | 2.34% | 2.31% | 2.09% | |||||||||||||||||||||||||||||||||||||||||||||
AVERAGE | % | 3.21% | 3.37% | 3.08% | 3.12% | 3.19% | 3.21% | 3.54% | 3.68% | 3.76% | 2.99% | 2.55% | 2.61% | 2.65% | 2.62% | 2.44% | 2.33% | 2.40% | 2.37% | 2.41% | 2.56% | 2.56% | 2.60% | 2.64% | 2.66% | 2.59% | 2.56% | 2.44% | 2.52% | 2.49% | 2.55% | 2.33% | 2.36% | 2.33% | 2.39% | 2.25% | 2.13% | 2.14% | 2.29% | 2.18% | 2.19% | 2.19% | 2.20% | 2.13% | 2.12% | 2.12% | 2.16% | 2.12% | 1.94% | 1.83% | 1.79% |