Wustenrot Stavebni Sporitelna's net interest margin amounted to 1.72% in the fourth quarter of 2017, down from 1.80% when compared to the previous quarter.
Historically, the bank’s net interest margin reached an all time high of 4.02% in 3Q2005 and an all time low of 0.733% in 4Q2007. The average margin in the last six quarters amounted to 1.76%.
Average asset yield was 3.41% in 4Q2017, down from 3.58% when compared to the same period last year. On the other hand, cost of funding amounted to 1.86% in 4Q2017, down from 1.91%.
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%.