What Banks in Italy Achieved the Highest Interest Margin in 2018?

Top Banks by Net Interest Margin (%)
Banking | Italy | February 21, 2020
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Based on a comparison of 14 banks in Italy in 2018, Mediobanca operated with the highest net interest margin, followed by Banca Nazionale del Lavoro and BPER Banca.

Mediobanca's net interest margin amounted to 2.03% in 2018, up from 1.94% when compared to the previous year.

Historically, the bank’s net interest margin reached an all time high of 3.19% in 1991 and an all time low of 1.30% in 2009. The average margin in the last five years amounted to 1.82%.

Average asset yield was 2.78% in 2018, down from 2.85% when compared to previous year. On the other hand, cost of funding amounted to 0.857% in 2018, down from 1.05%.

Comparing Mediobanca with its closest peers, Banca Nazionale del Lavoro operated in 2018 with a net interest margin of 1.81% BPER Banca reached 1.63% and Credito Valtellinese some 1.54%.

You can see all the banks interest margin data on the Net Interest Margin indicator page or you can download a report on the Italian banks in the report section.

Net Interest Margin Unit 2012 2013 2014 2015 2016 2017 2018 2019
Banca Mediolanum % 1.16% 0.844% 0.739% 0.672% 0.563%
Banca Nazionale del Lavoro % 1.84% 2.11% 2.00% 1.89% 1.82% ...
Banca Popolare di Sondrio % 1.73% 1.74% 1.54% 1.32% 1.26%
Banco BPM % 1.31% 1.28% 1.64% 1.24% 1.23%
BPER Banca % 2.13% 2.14% 2.04% 1.87% 1.67%
Cassa Depositi e Prestiti % 0.855% 0.260% 0.140% 0.522% 0.666% ...
Credit Agricole Italia % 1.83% 1.86% 1.83% 1.69% 1.46% ...
Credito Emiliano % 1.73% 1.74% 1.54% 1.32% 1.26%
Credito Valtellinese % 1.63% 1.72% 1.67% 1.63% 1.57%
Intesa Sanpaolo % 1.51% 1.59% 1.45% 1.30% 0.896%
Mediobanca % 1.47% 1.60% 1.69% 1.82% 1.94%
Monte dei Paschi di Siena % 1.03% 1.14% 1.29% 1.25% 1.21%
UBI Banca % 1.37% 1.49% 1.37% 1.31% 1.39%
UniCredit SpA % 1.39% 1.49% 1.30% 1.25% 1.25%
AVERAGE % 1.60% 1.50% 1.50% 1.45% 1.36% 1.30% 1.36% 1.24%