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Federal Home Loan Mortgage (Federal Home Loan Mortgage) Net Interest Margin (Bank Only) % : 0.59% (As of Dec. 2023)


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What is Federal Home Loan Mortgage 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. Federal Home Loan Mortgage's annualized Net Interest Income (for Banks) for the quarter that ended in Dec. 2023 was $19,076 Mil. Federal Home Loan Mortgage's average earning assets for the quarter that ended in Dec. 2023 was $3,232,997 Mil. Therefore, Federal Home Loan Mortgage's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Dec. 2023 was 0.59%.


Federal Home Loan Mortgage Net Interest Margin (Bank Only) % Historical Data

The historical data trend for Federal Home Loan Mortgage'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.

Federal Home Loan Mortgage Net Interest Margin (Bank Only) % Chart

Federal Home Loan Mortgage Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Interest Margin (Bank Only) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.57 0.54 0.63 0.59 0.58

Federal Home Loan Mortgage Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.58 0.57 0.57 0.59 0.59

Competitive Comparison of Federal Home Loan Mortgage's Net Interest Margin (Bank Only) %

For the Mortgage Finance subindustry, Federal Home Loan Mortgage'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.


Federal Home Loan Mortgage's Net Interest Margin (Bank Only) % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Federal Home Loan Mortgage's Net Interest Margin (Bank Only) % distribution charts can be found below:

* The bar in red indicates where Federal Home Loan Mortgage's Net Interest Margin (Bank Only) % falls into.



Federal Home Loan Mortgage 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).

Federal Home Loan Mortgage's annualized Net Interest Margin (Bank Only) % for the fiscal year that ended in Dec. 2023 is calculated as

Net Interest Margin (Bank Only) %(A: Dec. 2023 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (A: Dec. 2022 ) + Earning Assets (A: Dec. 2023 ))/ count )
=18542/( (3161218 + 3236007)/ 2 )
=18542/3198612.5
=0.58 %

where

Earning Assets(A: Dec. 2022 )
=Money Market Investments + Net Loan + Securities & Investments
=88002 + 3034515 + 38701
=3161218

Earning Assets(A: Dec. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=96126 + 3096606 + 43275
=3236007

Federal Home Loan Mortgage's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Dec. 2023 is calculated as

Net Interest Margin (Bank Only) %(Q: Dec. 2023 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (Q: Sep. 2023 ) + Earning Assets (Q: Dec. 2023 ))/ count )
=19076/( (3229986 + 3236007)/ 2 )
=19076/3232996.5
=0.59 %

where

Earning Assets(Q: Sep. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=115816 + 3074727 + 39443
=3229986

Earning Assets(Q: Dec. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=96126 + 3096606 + 43275
=3236007

* 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 (Dec. 2023) net interest income data. Net Interest Margin (Bank Only) % is displayed in the 30-year financial page for Banks.


Federal Home Loan Mortgage  (OTCPK:FMCC) 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.


Federal Home Loan Mortgage Net Interest Margin (Bank Only) % Related Terms

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Federal Home Loan Mortgage (Federal Home Loan Mortgage) Business Description

Address
8200 Jones Branch Drive, McLean, VA, USA, 22102-3110
Federal Home Loan Mortgage Corp is a US based government-sponsored enterprise. The company invests in mortgage loans and mortgage-related securities. It operates in the following segments: Single-family, Multifamily. The company is engaged in originating, purchase, and guarantee single-family loans originated by its seller. It provides a guarantee and security for the payment of principal and interest on the mortgage-related securities in exchange for management and guarantee fees. The company purchases multifamily loans for aggregation and then securitization through the issuance of multifamily K Certificates as well as issues and guarantees other securitization products. Majority of the revenue is earned from single family.
Executives
Sonu Mittal officer: SVP-Single-Family Acquisitions 8200 JONES BRANCH DRIVE, MCLEAN VA 22102
Ravi Shankar officer: SVP- SF Portfolio & Servicing 8200 JONES BRANCH DRIVE, MCLEAN VA 22102
Kevin Palmer officer: SVP-Multifamily 8200 JONES BRANCH DRIVE, MCLEAN VA 22102
Heidi Mason officer: EVP & General Counsel 8200 JONES BRANCH DRIVE, MCLEAN VA 22102
Kevin Gerald Chavers director C/O CHIMERA INVESTMENT CORPORATION, 520 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Luke S Hayden director 3000 LEADENHALL ROAD, MOUNT LAUREL NJ 08054
Alberto G. Musalem director 8200 JONES BRANCH DRIVE, MCLEAN VA 22102
Michael J Devito officer: Chief Executive Officer 8200 JONES BRANCH DRIVE, MCLEAN VA 22102
John Glessner officer: SVP-Investments & Capital Mkts 8200 JONES BRANCH DRIVE, MCLEAN VA 22102
Allan P Merrill director BEAZER HOMES, 1000 ABERNATHY RD, SUITE 1200, ATLANTA GA 30328
Paul T. Schumacher director 8200 JONES BRANCH DRIVE, MCLEAN VA 22102
Christian M. Lown officer: EVP & Chief Financial Officer 123 S. JUSTISON STREET, WILMINGTON DE 19801
Mark B Grier director C/O PRUDENTIAL FINANCIAL INC, 751 BROAD ST. 4TH FL., NEWARK NJ 01702
Mark H. Bloom director 8200 JONES BRANCH DRIVE, MCLEAN VA 22102
Donna M Corley officer: SVP&Int Head of Single Family 8200 JONES BRANCH DRIVE, MCLEAN VA 22102

Federal Home Loan Mortgage (Federal Home Loan Mortgage) Headlines