SEB's net interest margin amounted to 0.803% in the third quarter of 2019, up from 0.785% when compared to the previous quarter.
Historically, the bank’s net interest margin reached an all time high of 0.817% in 4Q2010 and an all time low of 0.646% in 2Q2015. The average margin in the last six quarters amounted to 0.780%.
Average asset yield was 1.45% in 3Q2019, up from 1.44% when compared to the same period last year. On the other hand, cost of funding amounted to 0.678% in 3Q2019, down from 0.715%.