Security Bank's net interest margin amounted to 3.55% in the third quarter of 2019, up from 3.18% when compared to the previous quarter.
Historically, the bank’s net interest margin reached an all time high of 4.66% in 4Q2004 and an all time low of 2.50% in 1Q2017. The average margin in the last six quarters amounted to 3.06%.
Average asset yield was 5.75% in 3Q2019, up from 4.78% when compared to the same period last year. On the other hand, cost of funding amounted to 2.58% in 3Q2019, up from 2.22%.
You can see all the bank’s data at Security Bank Profile, or you can download a report on the bank in the report section.
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