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Resona Holdings (TSE:8308) Net Interest Margin (Bank Only) % : 0.97% (As of Dec. 2023)


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What is Resona Holdings 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. Resona Holdings's annualized Net Interest Income (for Banks) for the quarter that ended in Dec. 2023 was 円403,960 Mil. Resona Holdings's average earning assets for the quarter that ended in Dec. 2023 was 円41,788,855 Mil. Therefore, Resona Holdings's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Dec. 2023 was 0.97%.


Resona Holdings Net Interest Margin (Bank Only) % Historical Data

The historical data trend for Resona Holdings'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.

Resona Holdings Net Interest Margin (Bank Only) % Chart

Resona Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Net Interest Margin (Bank Only) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.18 1.10 1.09 1.04 1.01

Resona Holdings 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 1.05 0.98 1.01 0.97 1.09

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

For the Banks - Regional subindustry, Resona Holdings'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.


Resona Holdings's Net Interest Margin (Bank Only) % Distribution in the Banks Industry

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

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



Resona Holdings 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).

Resona Holdings's annualized Net Interest Margin (Bank Only) % for the fiscal year that ended in Mar. 2024 is calculated as

Net Interest Margin (Bank Only) %(A: Mar. 2024 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (A: Mar. 2023 ) + Earning Assets (A: Mar. 2024 ))/ count )
=421696/( (41232932 + 42632150)/ 2 )
=421696/41932541
=1.01 %

where

Earning Assets(A: Mar. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 41232932 + 0
=41232932

Earning Assets(A: Mar. 2024 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 42632150 + 0
=42632150

Resona Holdings'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 )
=403960/( (41515772 + 42061937)/ 2 )
=403960/41788854.5
=0.97 %

where

Earning Assets(Q: Sep. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 41515772 + 0
=41515772

Earning Assets(Q: Dec. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 42061937 + 0
=42061937

* 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.


Resona Holdings  (TSE:8308) 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.


Resona Holdings Net Interest Margin (Bank Only) % Related Terms

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Resona Holdings (TSE:8308) Business Description

Industry
Traded in Other Exchanges
Address
Fukagawa Gatharia ?2 Building, 5-65, Kiba 1-Chome, Koto-ku, Tokyo, JPN, 135-8582
Resona Holdings is one of the top six Japanese banking groups by assets. Although its banking units are categorized in Japan as "city" banks for historical reasons, it is only around a third of the size of the three megabank groups and effectively a super-regional bank operating mainly in the Kansai region (54% of its branches) and the Tokyo metropolitan area (43% of branches), with a strong focus on retail and small and medium-size enterprises, rather than lending to large corporates. Its overseas operations are limited, which allows it to operate in compliance with domestic capital standards alone.

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