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The Bancorp (The Bancorp) Net Interest Margin (Bank Only) % : 6.48% (As of Dec. 2023)


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What is The Bancorp 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. The Bancorp's annualized Net Interest Income (for Banks) for the quarter that ended in Dec. 2023 was $368.6 Mil. The Bancorp's average earning assets for the quarter that ended in Dec. 2023 was $5,689.1 Mil. Therefore, The Bancorp's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Dec. 2023 was 6.48%.


The Bancorp Net Interest Margin (Bank Only) % Historical Data

The historical data trend for The Bancorp'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.

The Bancorp Net Interest Margin (Bank Only) % Chart

The Bancorp 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 4.00 4.26 3.93 4.24 5.94

The Bancorp 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 4.93 5.65 5.95 6.23 6.48

Competitive Comparison of The Bancorp's Net Interest Margin (Bank Only) %

For the Banks - Regional subindustry, The Bancorp'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.


The Bancorp's Net Interest Margin (Bank Only) % Distribution in the Banks Industry

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

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



The Bancorp 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).

The Bancorp'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 )
=354.052/( (6187.478 + 5728.404)/ 2 )
=354.052/5957.941
=5.94 %

where

Earning Assets(A: Dec. 2022 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 5421.462 + 766.016
=6187.478

Earning Assets(A: Dec. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 4980.87 + 747.534
=5728.404

The Bancorp'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 )
=368.636/( (5649.829 + 5728.404)/ 2 )
=368.636/5689.1165
=6.48 %

where

Earning Assets(Q: Sep. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 4893.193 + 756.636
=5649.829

Earning Assets(Q: Dec. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 4980.87 + 747.534
=5728.404

* 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.


The Bancorp  (NAS:TBBK) 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.


The Bancorp Net Interest Margin (Bank Only) % Related Terms

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The Bancorp (The Bancorp) Business Description

Industry
Traded in Other Exchanges
N/A
Address
409 Silverside Road, Wilmington, DE, USA, 19809
The Bancorp Inc is a financial holding company, through its subsidiary it is engaged in specialty lending namely securities-backed lines of credit, vehicle fleet and another equipment leasing, Small Business Administration lending, and commercial mortgage-backed loans, generated for sale into commercial mortgage-backed securities markets through securitizations. The company deposits and non-interest income are generated in the payments business which consists of issuing, acquiring, and automated clearing house accounts. The firm also generates revenue from prepaid cards.
Executives
Matthew Cohn director 405 SILVERSIDE ROAD, WILMINGTON DE 19809
Daniela Mielke director 8500 GOVERNORS HILL DRIVE, SYMMES TOWNSHIP OH 45249
Olek Derowe officer: EVP Head Commercial RE 409 SILVERSIDE ROAD, WILMINGTON DE 19809
Jeffrey A Nager officer: EVP Head of Commercial Lending 409 SILVERSIDE ROAD, SUITE 105, WILMINGTON DE 19809
Ryan Harris officer: EVP Co Hd Payment Solutions 409 SILVERSIDE ROAD, SUITE 105, WILMINGTON DE 19809
Jennifer F Terry officer: EVP Chief HR Officer 409 SILVERSIDE ROAD, SUITE 105, WILMINGTON DE 19809
Cheryl Creuzot director 409 SILVERSIDE ROAD, WILMINGTON DE 19809
Thomas G. Pareigat officer: EVP General Counsel THE BANCORP, INC., 409 SILVERSIDE ROAD, WILMINGTON DE 19809
Erika R Caesar officer: MD Assistant GC, CDO 409 SILVERSIDE ROAD, SUITE 105, WILMINGTON DE 19809
Michael J Bradley director 1370 SOUTH LEOPARD ROAD, BERWYN PA 19312
Damian Kozlowski director, officer: CEO and President 409 SILVERSIDE ROAD, SUITE 105, WILMINGTON DE 19809
Daniel G Cohen director 712 FIFTH AVENUE, 8TH FLOOR, NEW YORK NY 10019
Walter T Beach director 409 SILVERSIDE ROAD, WILMINGTON DE 19809
John Leto officer: EVP Head of Institutional Bank 409 SILVERSIDE ROAD, SUITE 105, WILMINGTON DE 19809
Mcentee James J Iii director 405 SILVERSIDE ROAD, WILMINGTON DE 19809