Air Bank's net interest margin amounted to 2.97% in the fourth quarter of 2023, down from 3.05% when compared to the previous quarter.
Historically, the bank’s net interest margin reached an all time high of 3.68% in 1Q2020 and an all time low of -0.856% in 1Q2012. The average margin in the last six quarters amounted to 3.06%.
Average asset yield was 5.56% in 4Q2023, up from 5.06% when compared to the same period last year. On the other hand, cost of funding amounted to 2.86% in 4Q2023, up from 2.19%.
When compared to bank's main peers, CSOB operated in the fourth quarter of 2023 with a net interest margin of 1.51% and Komercni Banka reached 1.66%.
You can see all the bank’s data at Air Bank Profile, or you can download a report on the bank in the report section.
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