Ping An Bank's net interest margin amounted to 2.57% in the second quarter of 2019, up from 2.39% when compared to the previous quarter.
Historically, the bank’s net interest margin reached an all time high of 2.94% in 1Q2016 and an all time low of 2.04% in 3Q2018. The average margin in the last six quarters amounted to 2.32%.
Average asset yield was 4.99% in 2Q2019, up from 4.90% when compared to the same period last year. On the other hand, cost of funding amounted to 2.61% in 2Q2019, down from 2.85%.
When compared to bank's main peers, Home Credit China operated in the second quarter of 2019 with a net interest margin of 17.0% Qudian reached 17.8% and Lexin FinTech some 4.62%.
You can see all the bank’s data at Ping An Bank Profile, or you can download a report on the bank in the report section.