Based on a comparison of 14 banks in China in 2018, Qudian operated with the highest net interest margin, followed by Postal Savings Bank of China and China Merchants Bank.
Qudian's net interest margin amounted to 15.7% in 2018, down from 21.0% when compared to the previous year.
Historically, the bank’s net interest margin reached an all time high of 21.0% in 2017 and an all time low of 15.7% in 2018. The average margin in the last five years amounted to 19.1%.
Average asset yield was 19.8% in 2018, down from 27.5% when compared to previous year. On the other hand, cost of funding amounted to 9.58% in 2018, down from 11.9%.
Comparing Qudian with its closest peers, Postal Savings Bank of China operated in 2018 with a net interest margin of 2.53% China Merchants Bank reached 2.46% and Ping An Bank some 2.24%.