Sovereign Bank: Yields and Funding Costs
Data as of · Call Report Schedules RI and RC-K How we update
What the bank earns on its assets, what it pays for its funding, and the spread between them. Net interest margin is the output of the two: it is the engine of earnings for almost every commercial bank.
Compared with Q1 2026, Total interest expense rose 6.7% in Q2 2026 to $8.2M, the biggest move on this page. Within Oklahoma, Sovereign Bank is 63rd of 169 on net interest margin, 4.42% as of Q2 2026, above the middle of the field. The median for banks in the $1B-10B asset tier is 3.71% on net interest margin. Sovereign Bank sits 0.71 points higher, at 4.42% (Q2 2026).
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 6.88% |
| Yield on loans | 7.24% |
| Yield on securities | 4.31% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 2.65% |
| Cost of interest-bearing deposits | 2.88% |
| Cost of interest-bearing liabilities | 2.88% |
| Cost of borrowings | 3.61% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 4.42% |
| Yield to cost spread | 4.00% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $19.7M |
| Total interest expense | $8.2M |
| Interest expense on deposits | $7.5M |
Yields and Funding Costs trend
Last 12 quarters as filed. Every value plotted here also appears in the tables above.
Yields and Funding Costs by quarter
| Quarter | Yield on earning assets | Cost of funds | Net interest margin | Loans | Securities |
|---|---|---|---|---|---|
| Q3 2023 | 6.32% | 2.01% | 4.48% | 7.04% | 2.82% |
| Q4 2023 | 6.50% | 2.35% | 4.33% | 7.04% | 2.82% |
| Q1 2024 | 6.67% | 2.47% | 4.40% | 7.24% | 2.80% |
| Q2 2024 | 7.19% | 2.68% | 4.72% | 7.63% | 2.76% |
| Q3 2024 | 7.07% | 2.74% | 4.54% | 7.49% | 3.34% |
| Q4 2024 | 7.02% | 2.82% | 4.41% | 7.35% | 3.76% |
| Q1 2025 | 6.77% | 2.71% | 4.27% | 7.15% | 3.91% |
| Q2 2025 | 6.84% | 2.66% | 4.40% | 7.29% | 4.32% |
| Q3 2025 | 6.97% | 2.66% | 4.50% | 7.42% | 4.42% |
| Q4 2025 | 6.90% | 2.68% | 4.41% | 7.36% | 4.34% |
| Q1 2026 | 6.60% | 2.61% | 4.21% | 7.01% | 4.29% |
| Q2 2026 | 6.88% | 2.65% | 4.42% | 7.24% | 4.31% |
Sovereign Bank yields and funding costs, all the way back
Yields and Funding Costs back to 2001 · peer percentiles on every line item · Excel export
Unlock Sovereign Bank, freeSource: Call Report Schedules RI and RC-K, as filed with the FFIEC and standardized by BankRegReports. Dollar amounts are as reported, point-in-time; income statement items are year-to-date through the report date. See the full Sovereign Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 25738) · FFIEC NIC profile (RSSD 396253)