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Bain Capital Specialty Finance (Bain Capital Specialty Finance) Net Interest Margin (Bank Only) % : 272.72% (As of Dec. 2023)


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What is Bain Capital Specialty Finance 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. Bain Capital Specialty Finance's annualized Net Interest Income (for Banks) for the quarter that ended in Dec. 2023 was $148.2 Mil. Bain Capital Specialty Finance's average earning assets for the quarter that ended in Dec. 2023 was $54.3 Mil. Therefore, Bain Capital Specialty Finance's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Dec. 2023 was 272.72%.


Bain Capital Specialty Finance Net Interest Margin (Bank Only) % Historical Data

The historical data trend for Bain Capital Specialty Finance'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.

Bain Capital Specialty Finance Net Interest Margin (Bank Only) % Chart

Bain Capital Specialty Finance Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Interest Margin (Bank Only) %
Get a 7-Day Free Trial 458.97 349.45 191.84 138.52 203.12

Bain Capital Specialty Finance Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 272.35 226.38 301.59 356.77 272.72

Competitive Comparison of Bain Capital Specialty Finance's Net Interest Margin (Bank Only) %

For the Asset Management subindustry, Bain Capital Specialty Finance'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.


Bain Capital Specialty Finance's Net Interest Margin (Bank Only) % Distribution in the Asset Management Industry

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

* The bar in red indicates where Bain Capital Specialty Finance's Net Interest Margin (Bank Only) % falls into.



Bain Capital Specialty Finance 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).

Bain Capital Specialty Finance'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 )
=148.542/( (75.562 + 70.697)/ 2 )
=148.542/73.1295
=203.12 %

where

Earning Assets(A: Dec. 2022 )
=Money Market Investments + Net Loan + Securities & Investments
=75.562 + 0 + 0
=75.562

Earning Assets(A: Dec. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=70.697 + 0 + 0
=70.697

Bain Capital Specialty Finance'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 )
=148.172/( (37.964 + 70.697)/ 2 )
=148.172/54.3305
=272.72 %

where

Earning Assets(Q: Sep. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=37.964 + 0 + 0
=37.964

Earning Assets(Q: Dec. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=70.697 + 0 + 0
=70.697

* 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.


Bain Capital Specialty Finance  (NYSE:BCSF) 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.


Bain Capital Specialty Finance Net Interest Margin (Bank Only) % Related Terms

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Bain Capital Specialty Finance (Bain Capital Specialty Finance) Business Description

Traded in Other Exchanges
Address
200 Clarendon Street, 37th Floor, Boston, MA, USA, 02116
Bain Capital Specialty Finance Inc is an externally managed, closed-end, non-diversified management investment company. The company has elected to be treated as a business development company (BDC) under the Investment Company Act of 1940. The company is managed by the Advisor, an investment adviser that is registered with the SEC under the Investment Advisers Act. The advisor also provides the administrative services necessary for the company to operate. The primary focus is capitalizing on opportunities within Bain Capital Credit's Senior Direct Lending Strategy which seeks to provide risk-adjusted returns and current income to investors by investing primarily in middle-market companies with between $10.0 million and $150.0 million in annual EBITDA.
Executives
Clare Stack Richer director BAIN CAPITAL, LP, 200 CLARENDON STREET, BOSTON MA 02116
Jessica Yeager officer: Secretary 200 CLARENDON STREET, BOSTON MA 02116
Thomas A. Hough director 2613 RUTGERS COURT, PLANO TX 75093
Amy S Butte director C/O L CATTERTON MANAGEMENT, 599 WEST PUTNAM AVENUE, GREENWICH CT 06830
Michael A Ewald officer: President and CEO C/O BAIN CAPITAL CREDIT, LP, 200 CLARENDON STREET, BOSTON MA 02116
Jeffrey B. Hawkins director C/O BAIN CAPITAL CREDIT, LP, 200 CLARENDON STREET, BOSTON MA 02116
Sally F Dornaus officer: Chief Financial Officer C/O BAIN CAPITAL CREDIT, LP, 200 CLARENDON STREET, BOSTON MA 02116
Jay Margolis director C/O BAIN CAPITAL CREDIT, LP, 200 CLARENDON STREET, BOSTON MA 02116
Michael John Boyle officer: Vice President and Treasurer C/O BAIN CAPITAL CREDIT, LP, 200 CLARENDON STREET, BOSTON MA 02116
Patrick M. Dury officer: Chief Financial Officer 200 CLARENDON STREET, BOSTON MA 02116
Michael Bennett Treisman officer: Vice President and Secretary C/O BAIN CAPITAL CREDIT, LP, 200 CLARENDON STREET, BOSTON MA 02116
Bain Capital Credit Member, Llc 10 percent owner 200 CLARENDON STREET, BOSTON MA 02116
Bain Capital Distressed & Special Situations 2016 (f), L.p. 10 percent owner C/O BAIN CAPITAL CREDIT, LP, 200 CLARENDON STREET, BOSTON MA 02116
Bcsf Holdings, L.p. 10 percent owner C/O BAIN CAPITAL CREDIT, LP, 200 CLARENDON STREET, BOSTON MA 02116
David G Fubini director D.G. FUBINI CONSULTANTS, LLC, 80 SEARS ROAD, BROOKLINE MA 02445

Bain Capital Specialty Finance (Bain Capital Specialty Finance) Headlines

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