Pekao's net interest margin amounted to 3.10% in 2022, up from 2.34% compared to the previous year.
Historically, the bank’s net interest margin reached an all time high of 4.16% in 1997 and an all time low of 2.34% in 2021. The average margin in the last five years amounted to 2.66%.
Average asset yield was 4.18% in 2022, up from 2.43% when compared to previous year. On the other hand, cost of funding amounted to 1.18% in 2022, up from 0.096%.
Comparing Pekao with its closest peers, PKO BP operated in 2022 with a net interest margin of 2.69% in 2022, Santander Bank Polska reached 3.84% and ING Bank Slaski some 2.68%.
You can see all the bank’s data at Pekao Profile, or you can download a report on the bank in the report section.