Agricultural Bank of China's net interest margin amounted to 1.99% in the second quarter of 2019, down from 2.06% when compared to the previous quarter.
Historically, the bank’s net interest margin reached an all time high of 3.99% in 4Q2015 and an all time low of 0.942% in 2Q2015. The average margin in the last six quarters amounted to 2.12%.
Average asset yield was 3.58% in 2Q2019, up from 3.50% when compared to the same period last year. On the other hand, cost of funding amounted to 1.71% in 2Q2019, up from 1.46%.
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 Agricultural Bank of China Profile, or you can download a report on the bank in the report section.