DNB's net interest margin amounted to 1.38% in the third quarter of 2019, up from 1.34% when compared to the previous quarter.
Historically, the bank’s net interest margin reached an all time high of 1.43% in 4Q2018 and an all time low of 1.16% in 2Q2012. The average margin in the last six quarters amounted to 1.36%.
Average asset yield was 2.29% in 3Q2019, up from 2.08% when compared to the same period last year. On the other hand, cost of funding amounted to 0.984% in 3Q2019, up from 0.829%.