MONETA Money Bank's net interest margin amounted to 3.90% in the fourth quarter of 2017, down from 4.26% 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 3.90% in 4Q2017. The average margin in the last six quarters amounted to 4.79%.
Average asset yield was 4.04% in 4Q2017, down from 5.48% when compared to the same period last year. On the other hand, cost of funding amounted to 0.163% in 4Q2017, up from 0.152%.