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Tranzact Financial Services Limited (ASX:TFS) Net Interest Margin (Bank Only) % : -1.15% (As of Jun. 2013)


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What is Tranzact Financial Services Limited 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. Tranzact Financial Services Limited's annualized Net Interest Income (for Banks) for the quarter that ended in Jun. 2013 was A$0.03 Mil. Tranzact Financial Services Limited's average earning assets for the quarter that ended in Jun. 2013 was A$-2.44 Mil. Therefore, Tranzact Financial Services Limited's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Jun. 2013 was -1.15%.


Tranzact Financial Services Limited Net Interest Margin (Bank Only) % Historical Data

The historical data trend for Tranzact Financial Services Limited'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.

Tranzact Financial Services Limited Net Interest Margin (Bank Only) % Chart

Tranzact Financial Services Limited Annual Data
Trend Jun04 Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13
Net Interest Margin (Bank Only) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -17.48 0.31 5.30 12.04 2.78

Tranzact Financial Services Limited Semi-Annual Data
Dec03 Jun04 Dec04 Jun05 Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13
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 1.06 21.30 3.69 8.05 -1.15

Competitive Comparison of Tranzact Financial Services Limited's Net Interest Margin (Bank Only) %

For the Asset Management subindustry, Tranzact Financial Services Limited'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.


Tranzact Financial Services Limited's Net Interest Margin (Bank Only) % Distribution in the Asset Management Industry

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

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



Tranzact Financial Services Limited 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).

Tranzact Financial Services Limited's annualized Net Interest Margin (Bank Only) % for the fiscal year that ended in Jun. 2013 is calculated as

Net Interest Margin (Bank Only) %(A: Jun. 2013 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (A: Jun. 2012 ) + Earning Assets (A: Jun. 2013 ))/ count )
=-0.067/( (-1.979 + -2.84)/ 2 )
=-0.067/-2.4095
=2.78 %

where

Earning Assets(A: Jun. 2012 )
=Money Market Investments + Net Loan + Securities & Investments
=-1.979 + 0 + 0
=-1.979

Earning Assets(A: Jun. 2013 )
=Money Market Investments + Net Loan + Securities & Investments
=-2.84 + 0 + 0
=-2.84

Tranzact Financial Services Limited's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Jun. 2013 is calculated as

Net Interest Margin (Bank Only) %(Q: Jun. 2013 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (Q: Dec. 2012 ) + Earning Assets (Q: Jun. 2013 ))/ count )
=0.028/( (-2.046 + -2.84)/ 2 )
=0.028/-2.443
=-1.15 %

where

Earning Assets(Q: Dec. 2012 )
=Money Market Investments + Net Loan + Securities & Investments
=-2.046 + 0 + 0
=-2.046

Earning Assets(Q: Jun. 2013 )
=Money Market Investments + Net Loan + Securities & Investments
=-2.84 + 0 + 0
=-2.84

* 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 (Jun. 2013) net interest income data. Net Interest Margin (Bank Only) % is displayed in the 30-year financial page for Banks.


Tranzact Financial Services Limited  (ASX:TFS) 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.


Tranzact Financial Services Limited Net Interest Margin (Bank Only) % Related Terms

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Tranzact Financial Services Limited (ASX:TFS) Business Description

Traded in Other Exchanges
N/A
Address
Tranzact Financial Services Limited is incorporated in Australia. It acts as an investment advisory and consulting business across Australia and New Zealand. It provides administration services to various superannuation entities, investor directed portfolio services and custodial services; asset consulting and investment management services; and acts as a promoter of superannuation entities and an Australian financial services licensee.

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