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Eastern Virginia Bankshares (Eastern Virginia Bankshares) Net Interest Margin (Bank Only) % : 3.66% (As of Mar. 2017)


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What is Eastern Virginia Bankshares Net Interest Margin (Bank Only) %?

Net Interest Margin (Bank Only) % is a measure of the difference between the interest income generated by banks or other financial institutions and the amount of interest paid out to their lenders (for example, deposits), relative to the amount of their interest-earning assets. It is usually calculated as a percentage of what the financial institution earns on loans in a time period and other assets minus the interest paid on borrowed funds divided by the average amount of the assets on which it earned income in that time period (the average earning assets).

GuruFocus calculates Net Interest Margin (Bank Only) % as Net Interest Income (for Banks) divided by its average earning assets. Eastern Virginia Bankshares's annualized Net Interest Income (for Banks) for the quarter that ended in Mar. 2017 was $47.78 Mil. Eastern Virginia Bankshares's average earning assets for the quarter that ended in Mar. 2017 was $1,304.81 Mil. Therefore, Eastern Virginia Bankshares's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Mar. 2017 was 3.66%.


Eastern Virginia Bankshares Net Interest Margin (Bank Only) % Historical Data

The historical data trend for Eastern Virginia Bankshares's Net Interest Margin (Bank Only) % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Eastern Virginia Bankshares Net Interest Margin (Bank Only) % Chart

Eastern Virginia Bankshares Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Net Interest Margin (Bank Only) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.51 3.64 3.79 3.85 3.70

Eastern Virginia Bankshares Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
Net Interest Margin (Bank Only) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.81 3.75 3.74 3.80 3.66

Competitive Comparison of Eastern Virginia Bankshares's Net Interest Margin (Bank Only) %

For the Banks - Regional subindustry, Eastern Virginia Bankshares's Net Interest Margin (Bank Only) %, along with its competitors' market caps and Net Interest Margin (Bank Only) % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Eastern Virginia Bankshares's Net Interest Margin (Bank Only) % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Eastern Virginia Bankshares's Net Interest Margin (Bank Only) % distribution charts can be found below:

* The bar in red indicates where Eastern Virginia Bankshares's Net Interest Margin (Bank Only) % falls into.



Eastern Virginia Bankshares Net Interest Margin (Bank Only) % Calculation

Net Interest Margin (Bank Only) % (NIM) is a measure of the difference between the interest income generated by banks or other financial institutions and the amount of interest paid out to their lenders (for example, deposits), relative to the amount of their interest-earning assets. It is usually calculated as a percentage of what the financial institution earns on loans in a time period and other assets minus the interest paid on borrowed funds divided by the average amount of the assets on which it earned income in that time period (the average earning assets).

Eastern Virginia Bankshares's annualized Net Interest Margin (Bank Only) % for the fiscal year that ended in Dec. 2016 is calculated as

Net Interest Margin (Bank Only) %(A: Dec. 2016 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (A: Dec. 2015 ) + Earning Assets (A: Dec. 2016 ))/ count )
=44.8/( (1139.251 + 1281.805)/ 2 )
=44.8/1210.528
=3.70 %

where

Earning Assets(A: Dec. 2015 )
=Money Market Investments + Net Loan + Securities & Investments
=9.159 + 869.451 + 260.641
=1139.251

Earning Assets(A: Dec. 2016 )
=Money Market Investments + Net Loan + Securities & Investments
=12.256 + 1021.961 + 247.588
=1281.805

Eastern Virginia Bankshares's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Mar. 2017 is calculated as

Net Interest Margin (Bank Only) %(Q: Mar. 2017 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (Q: Dec. 2016 ) + Earning Assets (Q: Mar. 2017 ))/ count )
=47.784/( (1281.805 + 1327.808)/ 2 )
=47.784/1304.8065
=3.66 %

where

Earning Assets(Q: Dec. 2016 )
=Money Market Investments + Net Loan + Securities & Investments
=12.256 + 1021.961 + 247.588
=1281.805

Earning Assets(Q: Mar. 2017 )
=Money Market Investments + Net Loan + Securities & Investments
=10.481 + 1060.504 + 256.823
=1327.808

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: Interest Expense is the negative value.

In the calculation of annual Net Interest Margin (Bank Only) %, the Net Interest Income (for Banks) of the last fiscal year and the average earning assets over the fiscal year are used. In calculating the quarterly data, the Net Interest Income (for Banks) data used here is four times the quarterly (Mar. 2017) net interest income data. Net Interest Margin (Bank Only) % is displayed in the 30-year financial page for Banks.


Eastern Virginia Bankshares  (NAS:EVBS) Net Interest Margin (Bank Only) % Explanation

The negative value of Net Interest Margin (Bank Only) % mean the firm pays more interest for its debt than the interest revenue generated from its investment.


Eastern Virginia Bankshares Net Interest Margin (Bank Only) % Related Terms

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Eastern Virginia Bankshares (Eastern Virginia Bankshares) Business Description

Traded in Other Exchanges
N/A
Address
Eastern Virginia Bankshares Inc a Virginia corporation was incorporated on September 5, 1997. The Company is a bank holding company. Through its wholly-owned bank subsidiary, EVB, it operates 21 full service branches and 2 drive-in facilities in eastern Virginia. EVB is a community bank targeting small to medium-sized businesses and consumers in its traditional coastal plain markets and the emerging suburbs outside of the Richmond and Greater Tidewater areas. It provides personal and commercial banking services including commercial, consumer and real estate loans. It also provides retail and commercial deposit products and fee-based services. The Company's markets are located east of U.S. Route 250 and extend from northeast of Richmond to the Chesapeake Bay in central Virginia and across the James River from Colonial Heights to southeastern Virginia. It has four primary market areas: Northern Neck, Middle Peninsula, Capital or suburbs of Richmond and Southern. The Company's Northern Neck and Middle Peninsula regions are in the eastern coastal plain of Virginia. The Company's Capital region is comprised of Hanover, Henrico, King William counties and Colonial Heights which are emerging suburbs of Richmond. The Company's Southern region is comprised of New Kent, Surry, Sussex, and Southampton counties. The Company provides lending and credit services to customers including mortgage, commercial and consumer loans. A substantial portion of the loan portfolio is represented by mortgage loans in the Company's market area. It competes with national and regional financial institutions, savings associations and other independent community banks, as well as credit unions, mutual funds and life insurance companies. The Company is subject to the supervision of, the Board of Governors of the Federal Reserve System and the Federal Reserve Bank of Richmond.
Executives
Bruce Todd Brockwell officer: EVP / Chief Banking Officer 4713 STONEY CREEK PARKWAY, CHESTER VA 23831
Joe A Shearin director, officer: President and CEO BOX 517, TAPPAHANNOCK VA 22560
Garrett F L Iii director 268 CATHCHPENNY LANE, BOWLERS WHARF VA 22560
Eric Alan Johnson director P O BOX 517, URBANNA VA 23175
John Fitzgerald Biagas director 627 36TH STREET, NEWPORT NEWS VA 23607
William Rand Cook director 4459 CROWN HILL ROAD, MECHANICSVILLE VA 23111
James Adam Sothen officer: Executive VP / CFO 3537 CROFTS PRIDE DRIVE, VIRGINIA BEACH VA 23453
James Stanley Thomas officer: Executive VP / CCO 8954 BELLEFONTE ROAD, RICHMOND VA 23229
Douglas Robert Taylor officer: Executive VP / CRO 1210 WALTON CREEK DRIVE, MIDLOTHIAN VA 23114
Mark Christopher Hanna officer: EVP/Regional President 495 S. MASON ST., HARRISONBURG VA 22801

Eastern Virginia Bankshares (Eastern Virginia Bankshares) Headlines