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Flaherty & Crumrine Prfdome Oppo (Flaherty & Crumrine Prfdome Oppo) Net Interest Margin (Bank Only) % : N/A% (As of Nov. 2023)


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What is Flaherty & Crumrine Prfdome Oppo 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. Flaherty & Crumrine Prfdome Oppo's annualized Net Interest Income (for Banks) for the quarter that ended in Nov. 2023 was $3.63 Mil. Flaherty & Crumrine Prfdome Oppo's average earning assets for the quarter that ended in Nov. 2023 was $0.00 Mil. Therefore, Flaherty & Crumrine Prfdome Oppo's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Nov. 2023 was N/A%.


Flaherty & Crumrine Prfdome Oppo Net Interest Margin (Bank Only) % Historical Data

The historical data trend for Flaherty & Crumrine Prfdome Oppo'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.

Flaherty & Crumrine Prfdome Oppo Net Interest Margin (Bank Only) % Chart

Flaherty & Crumrine Prfdome Oppo Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Net Interest Margin (Bank Only) %
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Flaherty & Crumrine Prfdome Oppo Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
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Competitive Comparison of Flaherty & Crumrine Prfdome Oppo's Net Interest Margin (Bank Only) %

For the Asset Management subindustry, Flaherty & Crumrine Prfdome Oppo'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.


Flaherty & Crumrine Prfdome Oppo's Net Interest Margin (Bank Only) % Distribution in the Asset Management Industry

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

* The bar in red indicates where Flaherty & Crumrine Prfdome Oppo's Net Interest Margin (Bank Only) % falls into.



Flaherty & Crumrine Prfdome Oppo 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).

Flaherty & Crumrine Prfdome Oppo's annualized Net Interest Margin (Bank Only) % for the fiscal year that ended in Nov. 2023 is calculated as

Net Interest Margin (Bank Only) %(A: Nov. 2023 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (A: Nov. 2022 ) + Earning Assets (A: Nov. 2023 ))/ count )
=3.89/( (0 + 0)/ 1 )
=3.89/0
=N/A %

where

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

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

Flaherty & Crumrine Prfdome Oppo's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Nov. 2023 is calculated as

Net Interest Margin (Bank Only) %(Q: Nov. 2023 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (Q: May. 2023 ) + Earning Assets (Q: Nov. 2023 ))/ count )
=3.628/( (0 + 0)/ 1 )
=3.628/0
=N/A %

where

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

Earning Assets(Q: Nov. 2023 )
=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 (Nov. 2023) net interest income data. Net Interest Margin (Bank Only) % is displayed in the 30-year financial page for Banks.


Flaherty & Crumrine Prfdome Oppo  (NYSE:PFO) 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.


Flaherty & Crumrine Prfdome Oppo Net Interest Margin (Bank Only) % Related Terms

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Flaherty & Crumrine Prfdome Oppo (Flaherty & Crumrine Prfdome Oppo) Business Description

Traded in Other Exchanges
N/A
Address
301 E. Colorado Boulevard, Suite 800, Pasadena, CA, USA, 91101
Flaherty & Crumrine Prfd Income Oppo is the United States-based diversified, closed-end investment company. Its primary investment objective is to produce high current income consistent with the preservation of capital. The fund invests primarily in a diversified portfolio of preferred securities which includes traditional preferred stocks eligible for the inter-corporate dividends received a deduction and fully taxable preferred securities.
Executives
Karen Hanovice Hogan director 301 EAST COLORADO BLVD, SUITE 720, PASADENA CA 91101
Chad Conwell officer: VP & Asst. Compliance Officer 301 E. COLORADO BLVD., SUITE 720, PASADENA CA 91101
Robert M Ettinger officer: President 301 E COLORADO BLVD STE 720, PASADENA CA 91101
Robert F Wulf director 301 E. COLORADO BLVD., SUITE 720, PASADENA CA 91101
Bank Of America Corp /de/ 10 percent owner BANK OF AMERICA CORPORATE CENTER, 100 N TRYON ST, CHARLOTTE NC 28255
Merrill Lynch, Pierce, Fenner & Smith Inc. 10 percent owner 4 WORLD FINANCIAL CENTER, NORTH TOWER, NEW YORK NY 10080
Banc Of America Securities Llc 10 percent owner 100 N TRYON ST., 25TH FLOOR, CHARLOTTE NC 28255
Donald F Crumrine director, officer: Chairman of the Board 301 E COLORADO BLVD STE 720, PASADENA CA 91101
Christopher Douglas Ryan officer: Vice President 310 EAST COLORADO BLVD, SUITE 720, PASADENA CA 91101
Martin Brody director C/O HMK ASSOCIATES, 30 COLUMBIA TURNPIKE, FLORHAM PARK NJ 07932
Laurie C Lodolo officer: Asst CCO, Asst Treas, Asst Sec 301 E. COLORADO BOULEVARD, SUITE 720, PASADENA CA 91101
Robert E Chadwick officer: Vice President 301 E COLORADO BLVD STE 720, PASADENA CA 91101
Peter C Stimes officer: VP,CFO,Chf Acct Officer 301 E COLORADO BLVD STE 720, PASADENA CA 91101
David Gale director 220 MONTGOMERY STREET, SUITE 426, SAN FRANCISCO CA 94104
Bradford S Stone officer: Vice President, Asst Treasurer 47 MAPLE ST. SUITE 403, SUMMIT NJ 07901

Flaherty & Crumrine Prfdome Oppo (Flaherty & Crumrine Prfdome Oppo) Headlines