Air Bank's net interest margin amounted to 1.86% in the first quarter of 2017, down from 1.91% when compared to the previous quarter.
Historically, the bank’s net interest margin reached an all time high of 3.03% in 3Q2014 and an all time low of -0.856% in 1Q2012. The average margin in the last six quarters amounted to 1.93%.
Average asset yield was 2.44% in 1Q2017, down from 2.81% when compared to the same period last year. On the other hand, cost of funding amounted to 0.619% in 1Q2017, down from 0.996%.