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Tcw Strategicome Fund (Tcw Strategicome Fund) Net Interest Margin (Bank Only) % : 940.12% (As of Dec. 2023)


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What is Tcw Strategicome Fund 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. Tcw Strategicome Fund's annualized Net Interest Income (for Banks) for the quarter that ended in Dec. 2023 was $15.70 Mil. Tcw Strategicome Fund's average earning assets for the quarter that ended in Dec. 2023 was $1.67 Mil. Therefore, Tcw Strategicome Fund's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Dec. 2023 was 940.12%.


Tcw Strategicome Fund Net Interest Margin (Bank Only) % Historical Data

The historical data trend for Tcw Strategicome Fund'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.

Tcw Strategicome Fund Net Interest Margin (Bank Only) % Chart

Tcw Strategicome Fund Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Interest Margin (Bank Only) %
Get a 7-Day Free Trial 31,262.61 1,380.04 722.67 652.12 827.78

Tcw Strategicome Fund Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 701.90 500.72 570.30 821.68 940.12

Competitive Comparison of Tcw Strategicome Fund's Net Interest Margin (Bank Only) %

For the Asset Management subindustry, Tcw Strategicome Fund'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.


Tcw Strategicome Fund's Net Interest Margin (Bank Only) % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Tcw Strategicome Fund's Net Interest Margin (Bank Only) % distribution charts can be found below:

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



Tcw Strategicome Fund 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).

Tcw Strategicome Fund'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 )
=14.482/( (1.694 + 1.805)/ 2 )
=14.482/1.7495
=827.78 %

where

Earning Assets(A: Dec. 2022 )
=Money Market Investments + Net Loan + Securities & Investments
=1.694 + 0 + 0
=1.694

Earning Assets(A: Dec. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=1.805 + 0 + 0
=1.805

Tcw Strategicome Fund'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: Jun. 2023 ) + Earning Assets (Q: Dec. 2023 ))/ count )
=15.7/( (1.535 + 1.805)/ 2 )
=15.7/1.67
=940.12 %

where

Earning Assets(Q: Jun. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=1.535 + 0 + 0
=1.535

Earning Assets(Q: Dec. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=1.805 + 0 + 0
=1.805

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


Tcw Strategicome Fund  (NYSE:TSI) 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.


Tcw Strategicome Fund Net Interest Margin (Bank Only) % Related Terms

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Tcw Strategicome Fund (Tcw Strategicome Fund) Business Description

Traded in Other Exchanges
N/A
Address
865 South Figueroa Street, Suite 1800, Los Angeles, CA, USA, 90017
Tcw Strategic Income Fund Inc operates as a closed-end management investment company. Its investment objective is to seek a total return comprised of current income and capital appreciation by investing in a wide range of securities. The company invests in a range of industries, such as airlines, banks, beverages, biotechnology, chemicals, computers, diversified financial services, entertainment, and others.
Executives
Mitch Flack officer: Portfolio Manager C/O TCW INVESTMENT MANAGEMENT COMPANY, 865 S. FIGUEROA ST., SUITE 1800, LOS ANGELES CA 90017
Laird Landmann officer: Portfolio Manager 865 S. FIGUEROA ST, SUITE 1800, LOS ANGELES CA 90017
Robert Gerald Rooney director 865 SOUTH FIGUEROA ST, SUITE 1800, LOS ANGELES CA 90017
Peter Mcmillan director
Steve Kane officer: Portfolio Manager C/O TCW INVESTMENT MANAGEMENT COMPANY, 865 S. FIGUEROA ST., SUITE 1800, LOS ANGELES CA 90017
Lisa E Eisen officer: Tax Officer 865 SOUTH FIGUEROA STREET, SUITE 1800, LOS ANGELES CA 90017
Jeffrey A Engelsman officer: Chief Compliance Officer 865 SOUTH FIGUEROA STREET, SUITE 1800, LOS ANGELES CA 90017
Tad Rivelle officer: Portfolio Manager C/O TCW INVESTMENT MANAGEMENT COMPANY, 865 S. FIGUEROA ST., SUITE 1800, LOS ANGELES CA 90017
Victoria B Rogers director C/O TCW INVESTMENT MANAGEMENT COMPANY, 865 SOUTH FIGUEROA STREET SUITE 1800, LOS ANGELES CA 90017
Charles A Parker director
Samuel P Bell director 865 S. FIGUEROA STREET, SUITE 1800, LOS ANGELES CA 90017
Richard Villa officer: Treasurer 865 SOUTH FIGUEROA STREET, SUITE 1800, LOS ANGELES CA 90017
David Lippman director 865 SOUTH FIGUEROA STREET, SUITE 1800, LOS ANGELES CA 90017
John A Gavin director
Patrick C Haden director 3475 EAST FOOTHILL BOULEVARD, PASADENA CA 91107

Tcw Strategicome Fund (Tcw Strategicome Fund) Headlines

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