GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Eaton Vance PA Muni Income Trust (AMEX:EVP) » Definitions » Net Interest Margin (Bank Only) %

Eaton Vance PA Muniome Trust (Eaton Vance PA Muniome Trust) Net Interest Margin (Bank Only) % : N/A% (As of May. 2018)


View and export this data going back to 1999. Start your Free Trial

What is Eaton Vance PA Muniome 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. Eaton Vance PA Muniome Trust's annualized Net Interest Income (for Banks) for the quarter that ended in May. 2018 was $1.87 Mil. Eaton Vance PA Muniome Trust's average earning assets for the quarter that ended in May. 2018 was $0.00 Mil. Therefore, Eaton Vance PA Muniome Trust's annualized Net Interest Margin (Bank Only) % for the quarter that ended in May. 2018 was N/A%.


Eaton Vance PA Muniome Trust Net Interest Margin (Bank Only) % Historical Data

The historical data trend for Eaton Vance PA Muniome 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.

Eaton Vance PA Muniome Trust Net Interest Margin (Bank Only) % Chart

Eaton Vance PA Muniome Trust Annual Data
Trend Nov10 Nov11 Nov12 Nov13 Nov14 Nov15 Nov16 Nov17
Net Interest Margin (Bank Only) %
Get a 7-Day Free Trial 1,676.31 2,007.41 3,275.78 5,435.29 4,695.45

Eaton Vance PA Muniome Trust Semi-Annual Data
May10 Nov10 May11 Nov11 May12 Nov12 May13 Nov13 May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18
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 5,941.46 5,138.82 5,275.95 5,857.14 -

Competitive Comparison of Eaton Vance PA Muniome Trust's Net Interest Margin (Bank Only) %

For the Asset Management subindustry, Eaton Vance PA Muniome 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.


Eaton Vance PA Muniome Trust's Net Interest Margin (Bank Only) % Distribution in the Asset Management Industry

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

* The bar in red indicates where Eaton Vance PA Muniome Trust's Net Interest Margin (Bank Only) % falls into.



Eaton Vance PA Muniome 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).

Eaton Vance PA Muniome Trust's annualized Net Interest Margin (Bank Only) % for the fiscal year that ended in Nov. 2017 is calculated as

Net Interest Margin (Bank Only) %(A: Nov. 2017 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (A: Nov. 2016 ) + Earning Assets (A: Nov. 2017 ))/ count )
=2.066/( (0.044 + 0)/ 1 )
=2.066/0.044
=4,695.45 %

where

Earning Assets(A: Nov. 2016 )
=Money Market Investments + Net Loan + Securities & Investments
=0.044 + 0 + 0
=0.044

Earning Assets(A: Nov. 2017 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 0 + 0
=0

Eaton Vance PA Muniome Trust's annualized Net Interest Margin (Bank Only) % for the quarter that ended in May. 2018 is calculated as

Net Interest Margin (Bank Only) %(Q: May. 2018 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (Q: Nov. 2017 ) + Earning Assets (Q: May. 2018 ))/ count )
=1.866/( (0 + 0)/ 1 )
=1.866/0
=N/A %

where

Earning Assets(Q: Nov. 2017 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 0 + 0
=0

Earning Assets(Q: May. 2018 )
=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 (May. 2018) net interest income data. Net Interest Margin (Bank Only) % is displayed in the 30-year financial page for Banks.


Eaton Vance PA Muniome Trust  (AMEX:EVP) 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.


Eaton Vance PA Muniome Trust Net Interest Margin (Bank Only) % Related Terms

Thank you for viewing the detailed overview of Eaton Vance PA Muniome Trust's Net Interest Margin (Bank Only) % provided by GuruFocus.com. Please click on the following links to see related term pages.


Eaton Vance PA Muniome Trust (Eaton Vance PA Muniome Trust) Business Description

Traded in Other Exchanges
N/A
Address
Eaton Vance PA Muni Income Trust is a non-diversified, closed-end management investment company operating in the United States. Its investment objective is to provide current income exempt from regular federal income tax and taxes in its specified state. The company invests in debt securities issued by Pennsylvania municipalities. Its strategy is to invest mainly in investment grade bonds. The trust may use interest rate hedging to moderate performance on both the upside and the downside of the market as well as to enhance the performance of the portfolio. Eaton Vance Management acts as an investment adviser of the trust.
Executives
Marcus L. Smith other: Trustee 555 17TH STREET, SUITE 3700, DCT INDUSTRIAL TRUST INC., DENVER CO 80202
Keith Quinton other: Trustee TWO INTERNATIONAL PLACE, BOSTON MA 02110
Blue Ridge Investments, L.l.c. 10 percent owner ONE BRYANT PARK, NEW YORK NY 10036
Froio Richard F Sr officer: Chief Compliance Officer C/O BISYS FUND SERVICES, 60 STATE ST., BOSTON MA 02129
Scott E Wennerholm other: Trustee TWO INTERNATIONAL PLACE, BOSTON MA 02110
Mark R Fetting other: Trustee LEGG MASON, INC., 100 INTERNATIONAL DRIVE, BALTIMORE MD 21202
Laurie G Hylton officer: Chief Financial Officer 255 STATE STREET, BOSTON MA 02109
Group Ag Ubs other: Former 10% Owner BAHNHOFSTRASSE 45, ZURICH V8 CH-8001
Susan J Sutherland other: Trustee MONTPELIER HOUSE, 94 PITTS BAY ROAD, HAMILTON D0 HM 08
Cynthia Frost other: Trustee TWO INTERNATIONAL PLACE, BOSTON MA 02148
George J. Gorman other: Trustee TWO INTERNATIONAL PLACE, BOSTON MA 02110
Lynn A Stout director C/O EATON VANCE, THE EATON VANCE BLDG., 255 STATE ST., BOSTON MA 02109
Valerie Mosley other: Trustee TWO INTERNATIONAL PLACE, BOSTON MA 02110
James F Kirchner officer: Treasurer TWO INTERNATIONAL PLACE, BOSTON MA 02110
Scott Eston other: Trustee TWO INTERNATIONAL PLACE, BOSTON MA 02110

Eaton Vance PA Muniome Trust (Eaton Vance PA Muniome Trust) Headlines

No Headlines