Lending Club's net interest margin amounted to -1.27% in the second quarter of 2019, down from -1.10% when compared to the previous quarter.
Historically, the bank’s net interest margin reached an all time high of 6.08% in 4Q2010 and an all time low of -11.0% in 4Q2011. The average margin in the last six quarters amounted to -0.372%.
Average asset yield was 11.4% in 2Q2019, down from 12.5% when compared to the same period last year. On the other hand, cost of funding amounted to 17.4% in 2Q2019, up from 15.9%.
You can see all the bank’s data at Lending Club Profile, or you can download a report on the bank in the report section.