Pekao SA's net interest margin amounted to 2.67% in the fourth quarter of 2017, down from 2.70% when compared to the previous quarter.
Historically, the bank’s net interest margin reached an all time high of 4.00% in 3Q2005 and an all time low of 2.00% in 2Q2007. The average margin in the last six quarters amounted to 2.66%.
Average asset yield was 3.27% in 4Q2017, up from 3.26% when compared to the same period last year. On the other hand, cost of funding amounted to 0.691% in 4Q2017, down from 0.718%.
When compared to bank's main peers, PKO BP operated in the fourth quarter of 2017 with a net interest margin of 3.07%.