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Allbanc Split (TSX:ABK.PR.C.PFD) Net Interest Margin (Bank Only) % : 3.87% (As of Aug. 2017)


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What is Allbanc Split 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. Allbanc Split's annualized Net Interest Income (for Banks) for the quarter that ended in Aug. 2017 was C$2.07 Mil. Allbanc Split's average earning assets for the quarter that ended in Aug. 2017 was C$53.44 Mil. Therefore, Allbanc Split's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Aug. 2017 was 3.87%.


Allbanc Split Net Interest Margin (Bank Only) % Historical Data

The historical data trend for Allbanc Split'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.

Allbanc Split Net Interest Margin (Bank Only) % Chart

Allbanc Split Annual Data
Trend Feb08 Feb09 Feb10 Feb11 Feb12 Feb13 Feb14 Feb15 Feb16 Feb17
Net Interest Margin (Bank Only) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.10 4.33 4.95 4.53 4.21

Allbanc Split Semi-Annual Data
Feb08 Aug08 Feb09 Aug09 Feb10 Aug10 Feb11 Aug11 Feb12 Aug12 Feb13 Aug13 Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17
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 4.32 4.69 4.28 4.08 3.87

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

For the Asset Management subindustry, Allbanc Split'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.


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

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

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



Allbanc Split 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).

Allbanc Split's annualized Net Interest Margin (Bank Only) % for the fiscal year that ended in Feb. 2017 is calculated as

Net Interest Margin (Bank Only) %(A: Feb. 2017 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (A: Feb. 2016 ) + Earning Assets (A: Feb. 2017 ))/ count )
=2.183/( (48.161 + 55.47)/ 2 )
=2.183/51.8155
=4.21 %

where

Earning Assets(A: Feb. 2016 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 0 + 48.161
=48.161

Earning Assets(A: Feb. 2017 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 0 + 55.47
=55.47

Allbanc Split's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Aug. 2017 is calculated as

Net Interest Margin (Bank Only) %(Q: Aug. 2017 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (Q: Feb. 2017 ) + Earning Assets (Q: Aug. 2017 ))/ count )
=2.07/( (55.47 + 51.411)/ 2 )
=2.07/53.4405
=3.87 %

where

Earning Assets(Q: Feb. 2017 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 0 + 55.47
=55.47

Earning Assets(Q: Aug. 2017 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 0 + 51.411
=51.411

* 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 (Aug. 2017) net interest income data. Net Interest Margin (Bank Only) % is displayed in the 30-year financial page for Banks.


Allbanc Split  (TSX:ABK.PR.C.PFD) 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.


Allbanc Split Net Interest Margin (Bank Only) % Related Terms

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Allbanc Split (TSX:ABK.PR.C.PFD) Business Description

Traded in Other Exchanges
N/A
Address
Allbanc Split Corp is a mutual fund corporation. The company's portfolio includes shares of various banks to generate income for the holders of its preferred shares and to enable the holders of its capital shares to participate in any capital appreciation in the Portfolio Shares and to benefit from any increase in the dividends payable on the Portfolio Shares.

Allbanc Split (TSX:ABK.PR.C.PFD) Headlines

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