EU/EEA banks’ profitability is holding up well despite declining net interest margin

News Financial services Reports

Date: 18th Dec, 2024 Source: European Banking Authority (EBA) Country: European Union Original Source

Brief

"On December 18, 2024, the European Banking Authority (EBA) published its Q3 2024 Risk Dashboard, highlighting EU/EEA banks' return on equity (RoE) increased by 20bps to 11.1%, driven by positive other operating income and declining expenses. The net interest margin (NIM) declined to 1.66%, while the cost of risk continued its decline to 47bps."

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European Banking Authority (EBA)

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EU/EEA banks’ profitability is holding up well despite declining net interest margin

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EU/EEA banks’ profitability is holding up well despite declining net interest margin

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