Fio banka's net interest margin amounted to 3.13% in the third quarter of 2023, down from 3.29% when compared to the previous quarter.
Historically, the bank’s net interest margin reached an all time high of 3.29% in 2Q2023 and an all time low of 0.263% in 4Q2012. The average margin in the last six quarters amounted to 2.86%.
Average asset yield was 4.62% in 3Q2023, up from 3.31% when compared to the same period last year. On the other hand, cost of funding amounted to 1.59% in 3Q2023, up from 0.767%.