Modra Pyramida Stavebni Sporitelna's cost to income ratio reached 43.3% in the fourth quarter of 2017, up from 41.8% when compared to the previous quarter.
Historically, the bank’s costs reached an all time high of 50.3% of income in 4Q2014 and an all time low of 31.6% in 1Q2014.
When compared to total assets, bank's cost amounted to 0.769% in 4Q2017, down from 0.850% in the previous quarter.
Staff accounted for 49.3% of total operating expenditures in the fourth quarter of 2017. The bank operated a network of 216 branches and employed 321 persons in 4Q2017.
When compared to bank's main peers, Ceskomoravska Stavebni Sporitelna operated in 4Q2017 with a cost to income ratio of 54.7% Raiffeisen Stavebni Sporitelna reached 28.6% and Stavebni Sporitelna Ceske Sporitelny some 57.1%.