Equa Bank's net interest margin amounted to 2.81% in the first quarter of 2017, down from 2.86% when compared to the previous quarter.
Historically, the bank’s net interest margin reached an all time high of 2.86% in 4Q2016 and an all time low of 0.787% in 2Q2012. The average margin in the last six quarters amounted to 2.72%.
Average asset yield was 3.18% in 1Q2017, down from 3.36% when compared to the same period last year. On the other hand, cost of funding amounted to 0.410% in 1Q2017, down from 0.871%.