Stavebni Sporitelna Ceske Sporitelny's net interest margin amounted to 1.32% in the fourth quarter of 2017, up from 1.23% when compared to the previous quarter.
Historically, the bank’s net interest margin reached an all time high of 2.33% in 4Q2008 and an all time low of 0.793% in 1Q2004. The average margin in the last six quarters amounted to 1.22%.
Average asset yield was 2.67% in 4Q2017, up from 2.59% when compared to the same period last year. On the other hand, cost of funding amounted to 1.45% in 4Q2017, down from 1.50%.
When compared to bank's main peers, Ceskomoravska Stavebni Sporitelna operated in the fourth quarter of 2017 with a net interest margin of 1.40% Raiffeisen Stavebni Sporitelna reached 1.35% and Modra Pyramida Stavebni Sporitelna some 1.79%.