GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » National Australia Bank Ltd (OTCPK:NABZY) » Definitions » Net Interest Margin (Bank Only) %

National Australia Bank (National Australia Bank) Net Interest Margin (Bank Only) % : 2.22% (As of Sep. 2023)


View and export this data going back to 2007. Start your Free Trial

What is National Australia Bank 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. National Australia Bank's annualized Net Interest Income (for Banks) for the quarter that ended in Sep. 2023 was $10,710 Mil. National Australia Bank's average earning assets for the quarter that ended in Sep. 2023 was $483,436 Mil. Therefore, National Australia Bank's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Sep. 2023 was 2.22%.


National Australia Bank Net Interest Margin (Bank Only) % Historical Data

The historical data trend for National Australia Bank'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.

National Australia Bank Net Interest Margin (Bank Only) % Chart

National Australia Bank Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Net Interest Margin (Bank Only) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.07 2.20 2.10 2.01 2.18

National Australia Bank Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 2.14 2.14 2.13 2.37 2.22

Competitive Comparison of National Australia Bank's Net Interest Margin (Bank Only) %

For the Banks - Diversified subindustry, National Australia Bank'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.


National Australia Bank's Net Interest Margin (Bank Only) % Distribution in the Banks Industry

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

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



National Australia Bank 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).

National Australia Bank's annualized Net Interest Margin (Bank Only) % for the fiscal year that ended in Sep. 2023 is calculated as

Net Interest Margin (Bank Only) %(A: Sep. 2023 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (A: Sep. 2022 ) + Earning Assets (A: Sep. 2023 ))/ count )
=10801.414/( (491057.372 + 502028.278)/ 2 )
=10801.414/496542.825
=2.18 %

where

Earning Assets(A: Sep. 2022 )
=Money Market Investments + Net Loan + Securities & Investments
=35880.587 + 455176.785 + 0
=491057.372

Earning Assets(A: Sep. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=49621.466 + 452406.812 + 0
=502028.278

National Australia Bank's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Sep. 2023 is calculated as

Net Interest Margin (Bank Only) %(Q: Sep. 2023 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (Q: Mar. 2023 ) + Earning Assets (Q: Sep. 2023 ))/ count )
=10709.512/( (464844.459 + 502028.278)/ 2 )
=10709.512/483436.3685
=2.22 %

where

Earning Assets(Q: Mar. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 464844.459 + 0
=464844.459

Earning Assets(Q: Sep. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=49621.466 + 452406.812 + 0
=502028.278

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


National Australia Bank  (OTCPK:NABZY) 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.


National Australia Bank Net Interest Margin (Bank Only) % Related Terms

Thank you for viewing the detailed overview of National Australia Bank's Net Interest Margin (Bank Only) % provided by GuruFocus.com. Please click on the following links to see related term pages.


National Australia Bank (National Australia Bank) Business Description

Address
395 Bourke Street, Level 28, Melbourne, VIC, AUS, 3000
National Australia Bank is the most business-focused of the four major banks, holding the largest share of business loans and the number-three spot in home loans. National Australia Bank is currently the third-largest bank by market capitalization, with the franchise covering consumer, small business, corporate, and institutional sectors. Under the UBank brand the bank also owns one of Australia's largest digital-only banks. Offshore operations in New Zealand round out the group.

National Australia Bank (National Australia Bank) Headlines

From GuruFocus

National Australia Bank Ltd's Dividend Analysis

By GuruFocus Research 11-16-2023

3 High-Forward Dividend Yield Companies

By Alberto Abaterusso Alberto Abaterusso 08-26-2019