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Blackrock Municipal Bond Trust (Blackrock Municipal Bond Trust) Net Interest Margin (Bank Only) % : 4,413.45% (As of Aug. 2020)


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What is Blackrock Municipal Bond Trust 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. Blackrock Municipal Bond Trust's annualized Net Interest Income (for Banks) for the quarter that ended in Aug. 2020 was $9.84 Mil. Blackrock Municipal Bond Trust's average earning assets for the quarter that ended in Aug. 2020 was $0.22 Mil. Therefore, Blackrock Municipal Bond Trust's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Aug. 2020 was 4,413.45%.


Blackrock Municipal Bond Trust Net Interest Margin (Bank Only) % Historical Data

The historical data trend for Blackrock Municipal Bond Trust'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.

Blackrock Municipal Bond Trust Net Interest Margin (Bank Only) % Chart

Blackrock Municipal Bond Trust Annual Data
Trend Aug17 Aug18 Aug19 Aug20
Net Interest Margin (Bank Only) %
2,795.70 3,516.70 4,831.78 5,350.83

Blackrock Municipal Bond Trust Semi-Annual Data
Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20
Net Interest Margin (Bank Only) % Get a 7-Day Free Trial 3,943.83 3,912.89 3,951.68 4,716.83 4,413.45

Competitive Comparison of Blackrock Municipal Bond Trust's Net Interest Margin (Bank Only) %

For the Asset Management subindustry, Blackrock Municipal Bond Trust'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.


Blackrock Municipal Bond Trust's Net Interest Margin (Bank Only) % Distribution in the Asset Management Industry

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

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



Blackrock Municipal Bond Trust 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).

Blackrock Municipal Bond Trust's annualized Net Interest Margin (Bank Only) % for the fiscal year that ended in Aug. 2020 is calculated as

Net Interest Margin (Bank Only) %(A: Aug. 2020 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (A: Aug. 2019 ) + Earning Assets (A: Aug. 2020 ))/ count )
=9.685/( (0.181 + 0)/ 1 )
=9.685/0.181
=5,350.83 %

where

Earning Assets(A: Aug. 2019 )
=Money Market Investments + Net Loan + Securities & Investments
=0.181 + 0 + 0
=0.181

Earning Assets(A: Aug. 2020 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 0 + 0
=0

Blackrock Municipal Bond Trust's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Aug. 2020 is calculated as

Net Interest Margin (Bank Only) %(Q: Aug. 2020 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (Q: Feb. 2020 ) + Earning Assets (Q: Aug. 2020 ))/ count )
=9.842/( (0.223 + 0)/ 1 )
=9.842/0.223
=4,413.45 %

where

Earning Assets(Q: Feb. 2020 )
=Money Market Investments + Net Loan + Securities & Investments
=0.223 + 0 + 0
=0.223

Earning Assets(Q: Aug. 2020 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 0 + 0
=0

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


Blackrock Municipal Bond Trust  (NYSE:BBK) 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.


Blackrock Municipal Bond Trust Net Interest Margin (Bank Only) % Related Terms

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Blackrock Municipal Bond Trust (Blackrock Municipal Bond Trust) Business Description

Traded in Other Exchanges
N/A
Address
100 Bellevue Parkway, Wilmington, DE, USA, 19809
Blackrock Municipal Bond Trust is a diversified, closed-end management investment company. The Trust's investment objective is to provide current income exempt from regular federal income tax. The trust invests in sectors such as health, transportation, education, utilities, housing and other.
Executives
J.p. Morgan Taxable Putters/taxable Drivers, Series T0014 Trust 10 percent owner C/O U.S. BANK TRUST NATIONAL ASSOCIATION 100 WALL STREET-SUITE 1600 NEW YORK NY 10005
Jpmorgan Chase Bank, N.a. 10 percent owner 1111 POLARIS PARKWAY, COLUMBUS OH 43240
Henry Gabbay director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Kevin Maloney other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Robert W Fairbairn director 55 EAST 52ND STREET, NEW YORK NY 10055
Christian Romaglino other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Jaeckel Theodore R Jr other: Portfolio Manager 800SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
Cynthia Egan director 7117 BELLONA AVENUE, BALTIMORE MD 21212
Catherine A. Lynch director 55 EAST 52ND STREET, NEW YORK NY 10055
Jonathan Diorio officer: Vice President 55 EAST 52ND STREET, NEW YORK NY 10055
Barbara Novick director 21 PINE COURT, NEW PROVIDENCE NJ 07974
Charles Park officer: Chief Compliance Officer 55 EAST 52ND STREET, NEW YORK NY 10055
Peter Hayes other: Officer of the Advisor 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Robert Crothers officer: Vice President 55 EAST 52ND STREET, NEW YORK NY 10055
Janey Ahn officer: Secretary 55 EAST 52ND STREET, NEW YORK NY 10055

Blackrock Municipal Bond Trust (Blackrock Municipal Bond Trust) Headlines

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