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Anworth Mortgage Asset (Anworth Mortgage Asset) Net Interest Margin (Bank Only) % : 1.52% (As of Dec. 2020)


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What is Anworth Mortgage Asset 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. Anworth Mortgage Asset's annualized Net Interest Income (for Banks) for the quarter that ended in Dec. 2020 was $35.64 Mil. Anworth Mortgage Asset's average earning assets for the quarter that ended in Dec. 2020 was $2,346.12 Mil. Therefore, Anworth Mortgage Asset's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Dec. 2020 was 1.52%.


Anworth Mortgage Asset Net Interest Margin (Bank Only) % Historical Data

The historical data trend for Anworth Mortgage Asset'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.

Anworth Mortgage Asset Net Interest Margin (Bank Only) % Chart

Anworth Mortgage Asset Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Net Interest Margin (Bank Only) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.18 1.09 0.84 0.72 1.06

Anworth Mortgage Asset Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
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 0.85 1.20 1.37 1.04 1.52

Competitive Comparison of Anworth Mortgage Asset's Net Interest Margin (Bank Only) %

For the REIT - Mortgage subindustry, Anworth Mortgage Asset'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.


Anworth Mortgage Asset's Net Interest Margin (Bank Only) % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Anworth Mortgage Asset's Net Interest Margin (Bank Only) % distribution charts can be found below:

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



Anworth Mortgage Asset 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).

Anworth Mortgage Asset's annualized Net Interest Margin (Bank Only) % for the fiscal year that ended in Dec. 2020 is calculated as

Net Interest Margin (Bank Only) %(A: Dec. 2020 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (A: Dec. 2019 ) + Earning Assets (A: Dec. 2020 ))/ count )
=38.195/( (4884.63 + 2318.775)/ 2 )
=38.195/3601.7025
=1.06 %

where

Earning Assets(A: Dec. 2019 )
=Money Market Investments + Net Loan + Securities & Investments
=119.699 + 4764.931 + 0
=4884.63

Earning Assets(A: Dec. 2020 )
=Money Market Investments + Net Loan + Securities & Investments
=111.069 + 2207.706 + 0
=2318.775

Anworth Mortgage Asset's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Dec. 2020 is calculated as

Net Interest Margin (Bank Only) %(Q: Dec. 2020 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (Q: Sep. 2020 ) + Earning Assets (Q: Dec. 2020 ))/ count )
=35.644/( (2373.472 + 2318.775)/ 2 )
=35.644/2346.1235
=1.52 %

where

Earning Assets(Q: Sep. 2020 )
=Money Market Investments + Net Loan + Securities & Investments
=123.991 + 2249.481 + 0
=2373.472

Earning Assets(Q: Dec. 2020 )
=Money Market Investments + Net Loan + Securities & Investments
=111.069 + 2207.706 + 0
=2318.775

* 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. 2020) net interest income data. Net Interest Margin (Bank Only) % is displayed in the 30-year financial page for Banks.


Anworth Mortgage Asset  (NYSE:ANHpC.PFD) 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.


Anworth Mortgage Asset Net Interest Margin (Bank Only) % Related Terms

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Anworth Mortgage Asset (Anworth Mortgage Asset) Business Description

Traded in Other Exchanges
N/A
Address
1299 Ocean Avenue, Second Floor, Santa Monica, CA, USA, 90401
Anworth Mortgage Asset Corp is engaged in the business of investment, financing, & management of a leveraged portfolio of residential mortgage-backed securities & residential mortgage loans which includes different types of investments such as Agency mortgage-backed securities, Non-agency mortgage-backed securities, & Residential mortgage loans through consolidated securitization trusts. Agency MBS include residential mortgage pass-through certificates or CMOs in which the principal and interest payments are guaranteed by a government-sponsored enterprise. Non-Agency MBS are issued by companies that are not guaranteed by federally sponsored enterprises, and the company finances its residential mortgage loans through asset-backed securities issued by the consolidated securitization trusts.
Executives
Dominique Mielle director C/O ANWORTH MORTGAGE ASSET CORPORATION, 1299 OCEAN AVENUE, SECOND FLOOR, SANTA MONICA CA 90401
Mark S Maron director C/O TRUE RELIGION APPAREL, INC., 1525 RIO VISTA AVENUE, LOS ANGELES CA 90023
Anworth Mortgage Asset Corp director 1299 OCEAN AVENUE, SECOND FLOOR, SANTA MONICA CA 90401
Joe E Davis director 3436 CARIBETH DR, ENCINO CA 91436
Robert Craig Davis director ANWORTH MORTGAGE ASSET CORPORATION, 1299 OCEAN AVE., SUITE 250, SANTA MONICA CA 90401
Charles Black director 525 ALMA REAL DRIVE, PACIFIC PALASADES CA 90272
Claus H Lund officer: Chief Executive Officer
Russell J Thompson officer: Chief Financial Officer 500 SANSOME STREET, 8TH FLOOR, SAN FRANCISCO CA 94111
Charles Jay Siegel officer: Senior Vice President 1299 OCEAN AVENUE, SUITE 250, SANTA MONICA CA 90401
Joseph Lloyd Mcadams director, officer: Chairman, President and CEO 1299 OCEAN AVE., SUITE 250, SANTA MONICA CA 90401
Heather U Baines officer: Executive Vice President 1299 OCEAN AVE., SUITE 250, SANTA MONICA CA 90401
Bistra Pashamova officer: Vice President
Ault Lee A Iii director
Joseph E Mcadams director, officer: Chief Investment Officer, EVP 1299 OCEAN AVE., SUITE 250, SANTA MONICA CA 90401
Evangelos Karagiannis officer: Vice President 1299 OCEAN AVE., SUITE 250, SANTA MONICA CA 90401