Bank Millennium's net interest margin amounted to 2.35% in the third quarter of 2016, down from 2.37% when compared to the previous quarter.
Historically, the bank’s net interest margin reached an all time high of 2.58% in 2Q2014 and an all time low of 2.10% in 2Q2015. The average margin in the last six quarters amounted to 2.23%.
Average asset yield was 3.48% in 3Q2016, down from 3.55% when compared to the same period last year. On the other hand, cost of funding amounted to 1.25% in 3Q2016, down from 1.56%.