MONETA Money Bank's net interest margin amounted to 1.92% in the fourth quarter of 2023, down from 2.01% when compared to the previous quarter.
Historically, the bank’s net interest margin reached an all time high of 7.49% in 4Q2004 and an all time low of 1.92% in 4Q2023. The average margin in the last six quarters amounted to 2.14%.
Average asset yield was 5.33% in 4Q2023, up from 4.78% when compared to the same period last year. On the other hand, cost of funding amounted to 3.67% in 4Q2023, up from 2.79%.
You can see all the bank’s data at MONETA Money Bank Profile, or you can download a report on the bank in the report section.
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