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Blackstone (Blackstone) Net Interest Margin (Bank Only) % : 105.01% (As of Dec. 2023)


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What is Blackstone 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. Blackstone's annualized Net Interest Income (for Banks) for the quarter that ended in Dec. 2023 was $239 Mil. Blackstone's average earning assets for the quarter that ended in Dec. 2023 was $227 Mil. Therefore, Blackstone's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Dec. 2023 was 105.01%.


Blackstone Net Interest Margin (Bank Only) % Historical Data

The historical data trend for Blackstone'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.

Blackstone Net Interest Margin (Bank Only) % Chart

Blackstone 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 -5.01 -19.67 -51.91 -28.36 30.34

Blackstone Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -25.84 79.67 -3.32 105.01 -17.13

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

For the Asset Management subindustry, Blackstone'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.


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

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

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



Blackstone 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).

Blackstone'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 )
=84.629/( (241.712 + 316.197)/ 2 )
=84.629/278.9545
=30.34 %

where

Earning Assets(A: Dec. 2022 )
=Money Market Investments + Net Loan + Securities & Investments
=241.712 + 0 + 0
=241.712

Earning Assets(A: Dec. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=316.197 + 0 + 0
=316.197

Blackstone'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 )
=238.568/( (138.181 + 316.197)/ 2 )
=238.568/227.189
=105.01 %

where

Earning Assets(Q: Sep. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=138.181 + 0 + 0
=138.181

Earning Assets(Q: Dec. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=316.197 + 0 + 0
=316.197

* 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.


Blackstone  (NYSE:BX) 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.


Blackstone Net Interest Margin (Bank Only) % Related Terms

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Blackstone (Blackstone) Business Description

Industry
Traded in Other Exchanges
Address
345 Park Avenue, New York, NY, USA, 10154
Blackstone is the world's largest alternative asset managers with $1.001 trillion in total asset under management, including $731.1 billion in fee-earning asset under management, at the end of June 2023. The company has four core business segments: private equity (23% of fee-earning AUM and 27% of base management fees); real estate (39% and 44%); credit & insurance (28% and 21%); and hedge fund solutions (10% and 8%). While the firm primarily serves institutional investors (87% of AUM), it also caters to clients in the high-net-worth channel (13%). Blackstone operates through 25 offices located in the Americas (8), Europe and the Middle East (9), and the Asia-Pacific region (8).
Executives
David Payne officer: Chief Accounting Officer C/O THE BLACKSTONE GROUP INC., 345 PARK AVENUE, NEW YORK NY 10154
Ruth Porat director C/O GOOGLE INC., 1600 AMPHITHEATRE PRKW, MOUNTAIN VIEW CA 94043
John G Finley officer: Chief Legal Officer C/O THE BLACKSTONE GROUP, 345 PARK AVENUE, NEW YORK NY 10154
Joseph Baratta director C/O THE BLACKSTONE GROUP, 345 PARK AVE., NEW YORK NY 10154
Reginald J Brown director C/O THE BLACKSTONE GROUP INC., 345 PARK AVENUE, NEW YORK NY 10154
William G Parrett director THE BLACKSTONE GROUP L.P., 345 PARK AVENUE, NEW YORK NY 10154
James Breyer director ACCEL PARTNERS, 428 UNIVERSITY AVE, PALO ALTO CA 94301
Hamilton E James director, officer: President and COO JEFFERSON RIVER CAPITAL, 499 PARK AVENUE, 27TH FLOOR, NEW YORK NY 10022
Jonathan Gray director C/O THE BLACKSTONE GROUP, 345 PARK AVE. 31ST FL., NEW YORK NY 10154
Joan Solotar officer: SMD - Public Market Activities THE BLACKSTONE GROUP L.P.,, 345 PARK AVENUE, NEW YORK NY 10154
Christopher Striano officer: Principal Accounting Officer C/O THE BLACKSTONE GROUP L.P., 345 PARK AVE., NEW YORK NY 10154
John A. Hood director C/O THE BLACKSTONE GROUP L.P., 345 PARK AVENUE, NEW YORK NY 10154
Kelly Ayotte director C/O NEWS CORPORATION, 1211 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Bennett J Goodman director C/O GSO CAPITAL PARTNERS LP, 345 PARK AVENUE, NEW YORK NY 10154
J Tomilson Hill director, officer: Vice Chairman