AFB has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
AFB has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
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. Alliancebernstein National Muni Fd's annualized Net Interest Income (for Banks) for the quarter that ended in Oct. 2023 was $13.96 Mil. Alliancebernstein National Muni Fd's average earning assets for the quarter that ended in Oct. 2023 was $0.00 Mil. Therefore, Alliancebernstein National Muni Fd's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Oct. 2023 was N/A%.
The historical data trend for Alliancebernstein National Muni Fd'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.
Alliancebernstein National Muni Fd Annual Data | ||||||||||||||||
Trend | Oct17 | Oct18 | Oct19 | Oct20 | Oct21 | Oct22 | Oct23 | |||||||||
Net Interest Margin (Bank Only) % | Get a 7-Day Free Trial | - | - | - | - | - |
Alliancebernstein National Muni Fd Semi-Annual Data | |||||||||||||
Oct17 | Apr18 | Oct18 | Apr19 | Oct19 | Apr20 | Oct20 | Apr21 | Oct21 | Apr22 | Oct22 | Apr23 | Oct23 | |
Net Interest Margin (Bank Only) % | Get a 7-Day Free Trial | - | - | - | - | - |
For the Asset Management subindustry, Alliancebernstein National Muni Fd'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.
For the Asset Management industry and Financial Services sector, Alliancebernstein National Muni Fd's Net Interest Margin (Bank Only) % distribution charts can be found below:
* The bar in red indicates where Alliancebernstein National Muni Fd's Net Interest Margin (Bank Only) % falls into.
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).
Alliancebernstein National Muni Fd's annualized Net Interest Margin (Bank Only) % for the fiscal year that ended in Oct. 2023 is calculated as
Net Interest Margin (Bank Only) % | (A: Oct. 2023 ) | |||||
= | (Interest Income + Interest Expense) | / | Average Earning Assets | |||
= | Net Interest Income (for Banks) | / | ( (Earning Assets (A: Oct. 2022 ) | + | Earning Assets (A: Oct. 2023 )) | / count ) |
= | 14.557 | / | ( (0 | + | 0) | / 1 ) |
= | 14.557 | / | 0 | |||
= | N/A % |
where
Earning Assets | (A: Oct. 2022 ) | ||||
= | Money Market Investments | + | Net Loan | + | Securities & Investments |
= | 0 | + | 0 | + | 0 |
= | 0 |
Earning Assets | (A: Oct. 2023 ) | ||||
= | Money Market Investments | + | Net Loan | + | Securities & Investments |
= | 0 | + | 0 | + | 0 |
= | 0 |
Alliancebernstein National Muni Fd's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Oct. 2023 is calculated as
Net Interest Margin (Bank Only) % | (Q: Oct. 2023 ) | |||||
= | (Interest Income + Interest Expense) | / | Average Earning Assets | |||
= | Net Interest Income (for Banks) | / | ( (Earning Assets (Q: Apr. 2023 ) | + | Earning Assets (Q: Oct. 2023 )) | / count ) |
= | 13.96 | / | ( (0 | + | 0) | / 1 ) |
= | 13.96 | / | 0 | |||
= | N/A % |
where
Earning Assets | (Q: Apr. 2023 ) | ||||
= | Money Market Investments | + | Net Loan | + | Securities & Investments |
= | 0 | + | 0 | + | 0 |
= | 0 |
Earning Assets | (Q: Oct. 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 (Oct. 2023) net interest income data. Net Interest Margin (Bank Only) % is displayed in the 30-year financial page for Banks.
Alliancebernstein National Muni Fd (NYSE:AFB) 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.
Thank you for viewing the detailed overview of Alliancebernstein National Muni Fd's Net Interest Margin (Bank Only) % provided by GuruFocus.com. Please click on the following links to see related term pages.
Wells Fargo & Company/mn | 10 percent owner | 420 MONTGOMERY STREET, SAN FRANCISCO CA 94163 |
Wells Fargo Municipal Capital Strategies, Llc | 10 percent owner | 375 PARK AVENUE, NEW YORK NY 10152 |
Daryl Clements | officer: VP & Portfolio Manager | 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105 |
Andrew Potter | officer: VP & Portfolio Manager | 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105 |
Garry L Moody | director | 10951 GULF SHORE DRIVE, APT. 1201, NAPLES FL 34108 |
Joan M Lammtennant | other: Director of Fund's Adviser | 40 WANTAGE AVE, BRANCHVILLE NJ 07890 |
Marshall C Turner | director | 220 MONTGOMERY ST, PENTHOUSE 10, SAN FRANCISCO CA 94104 |
Todd Walthall | other: Director of Fund's Adviser | C/O ALLIANCEBERNSTEIN, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105 |
Onur Erzan | director, officer: President & CEO | C/O ALLIANCE BERNSTEIN L.P., 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105 |
Jeanette W Loeb | director | 895 PARK AVENUE, NEW YORK NY 10075 |
Karl Sprules | other: Head GTO of Fund's Adviser | C/O ALLIANCEBERNSTEIN, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105 |
Carol Mcmullen | director | 1345 AVENUE OF THE AMERICAS, 33RD FLOOR, NEW YORK NY 10105 |
Bertram L Scott | other: Director of Fund's Adviser | C/O BECTON DICKERSON & CO, 1 BECTON DR, FRANKLIN LAKES NJ 07417 |
Jorge A. Bermudez | director | CORPORATE LAW DEPT., CITIGROUP INC., 425 PARK AVENUE, NEW YORK NY 10043 |
Nella Domenici | other: Director of Fund's Adviser | C/O ALLIANCEBERNSTEIN, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105 |
From GuruFocus
By PRNewswire • 11-28-2023
By PRNewswire • 06-30-2023
By PRNewswire PRNewswire • 04-25-2023
By PRNewswire • 01-23-2024
By PRNewswire • 01-23-2024
By PRNewswire PRNewswire • 02-21-2023
By PRNewswire • 08-29-2023
By PRNewswire PRNewswire • 01-24-2023
By PRNewswire PRNewswire • 02-21-2023
By PRNewswire • 11-28-2023
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.