Nordea's net interest margin amounted to 0.741% in the third quarter of 2019, up from 0.730% when compared to the previous quarter.
Historically, the bank’s net interest margin reached an all time high of 0.924% in 4Q2010 and an all time low of 0.696% in 2Q2016. The average margin in the last six quarters amounted to 0.762%.
Average asset yield was 1.28% in 3Q2019, down from 1.29% when compared to the same period last year. On the other hand, cost of funding amounted to 0.573% in 3Q2019, up from 0.539%.