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Bank of Valletta (MAL:BOV) Net Interest Margin (Bank Only) % : 5.94% (As of Dec. 2023)


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What is Bank of Valletta 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. Bank of Valletta's annualized Net Interest Income (for Banks) for the quarter that ended in Dec. 2023 was €384.3 Mil. Bank of Valletta's average earning assets for the quarter that ended in Dec. 2023 was €6,463.9 Mil. Therefore, Bank of Valletta's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Dec. 2023 was 5.94%.


Bank of Valletta Net Interest Margin (Bank Only) % Historical Data

The historical data trend for Bank of Valletta'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.

Bank of Valletta Net Interest Margin (Bank Only) % Chart

Bank of Valletta Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Interest Margin (Bank Only) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.04 2.82 2.84 3.45 5.53

Bank of Valletta Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 2.98 3.04 3.86 5.19 5.94

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

For the Banks - Regional subindustry, Bank of Valletta'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.


Bank of Valletta's Net Interest Margin (Bank Only) % Distribution in the Banks Industry

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

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



Bank of Valletta 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).

Bank of Valletta'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 )
=351.999/( (6060.28 + 6668.601)/ 2 )
=351.999/6364.4405
=5.53 %

where

Earning Assets(A: Dec. 2022 )
=Money Market Investments + Net Loan + Securities & Investments
=30.9 + 6029.38 + 0
=6060.28

Earning Assets(A: Dec. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=296.7 + 6371.901 + 0
=6668.601

Bank of Valletta'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: Jun. 2023 ) + Earning Assets (Q: Dec. 2023 ))/ count )
=384.27/( (6259.193 + 6668.601)/ 2 )
=384.27/6463.897
=5.94 %

where

Earning Assets(Q: Jun. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 6259.193 + 0
=6259.193

Earning Assets(Q: Dec. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=296.7 + 6371.901 + 0
=6668.601

* 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 (Dec. 2023) net interest income data. Net Interest Margin (Bank Only) % is displayed in the 30-year financial page for Banks.


Bank of Valletta  (MAL:BOV) 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.


Bank of Valletta Net Interest Margin (Bank Only) % Related Terms

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Bank of Valletta (MAL:BOV) Business Description

Industry
Traded in Other Exchanges
N/A
Address
58, Triq San Zakkarija, Il-Belt, Valletta, MLT, VLT1130
Bank of Valletta PLC is a public limited company. It provides investment services business. It also provides retail banking services as well as the sale of financial products such as units in collective investment schemes. The group has operating segments which consist of Retail Banking, Wealth Management, Business Banking, Treasury, Associates and Others. The group earns the majority of its revenue from Business Banking. Interest income is the main revenue generating activity.

Bank of Valletta (MAL:BOV) Headlines

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