Quarterly interest margin of the U.S. banking industry 2003-2023
The interest margin of the U.S. commercial banking industry decreased overall between 2003 and 2024. In the first quarter of 2024, the interest margin stood at 2.53 percent, down from 2.64 percent in the previous quarter. The net interest margin refers to the annualized net interest income as a percentage of all interest-earning assets.