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Consumers Bancorp (Consumers Bancorp) Net Interest Margin (Bank Only) % : 3.09% (As of Mar. 2024)


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What is Consumers Bancorp 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. Consumers Bancorp's annualized Net Interest Income (for Banks) for the quarter that ended in Mar. 2024 was $31.30 Mil. Consumers Bancorp's average earning assets for the quarter that ended in Mar. 2024 was $1,014.71 Mil. Therefore, Consumers Bancorp's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Mar. 2024 was 3.09%.


Consumers Bancorp Net Interest Margin (Bank Only) % Historical Data

The historical data trend for Consumers Bancorp'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.

Consumers Bancorp Net Interest Margin (Bank Only) % Chart

Consumers Bancorp Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Net Interest Margin (Bank Only) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.55 3.57 3.60 3.84 3.53

Consumers Bancorp 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 3.39 3.36 3.31 3.20 3.09

Competitive Comparison of Consumers Bancorp's Net Interest Margin (Bank Only) %

For the Banks - Regional subindustry, Consumers Bancorp'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.


Consumers Bancorp's Net Interest Margin (Bank Only) % Distribution in the Banks Industry

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

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



Consumers Bancorp 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).

Consumers Bancorp's annualized Net Interest Margin (Bank Only) % for the fiscal year that ended in Jun. 2023 is calculated as

Net Interest Margin (Bank Only) %(A: Jun. 2023 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (A: Jun. 2022 ) + Earning Assets (A: Jun. 2023 ))/ count )
=33.715/( (920.167 + 990.384)/ 2 )
=33.715/955.2755
=3.53 %

where

Earning Assets(A: Jun. 2022 )
=Money Market Investments + Net Loan + Securities & Investments
=9.698 + 605.848 + 304.621
=920.167

Earning Assets(A: Jun. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=0.021000000000001 + 703.402 + 286.961
=990.384

Consumers Bancorp's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Mar. 2024 is calculated as

Net Interest Margin (Bank Only) %(Q: Mar. 2024 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (Q: Dec. 2023 ) + Earning Assets (Q: Mar. 2024 ))/ count )
=31.304/( (1011.443 + 1017.975)/ 2 )
=31.304/1014.709
=3.09 %

where

Earning Assets(Q: Dec. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=0.259 + 728.237 + 282.947
=1011.443

Earning Assets(Q: Mar. 2024 )
=Money Market Investments + Net Loan + Securities & Investments
=10.797 + 734.718 + 272.46
=1017.975

* 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 (Mar. 2024) net interest income data. Net Interest Margin (Bank Only) % is displayed in the 30-year financial page for Banks.


Consumers Bancorp  (OTCPK:CBKM) 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.


Consumers Bancorp Net Interest Margin (Bank Only) % Related Terms

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Consumers Bancorp (Consumers Bancorp) Business Description

Industry
Traded in Other Exchanges
N/A
Address
614 East Lincoln Way, P.O. Box 256, Minerva, OH, USA, 44657
Consumers Bancorp Inc is engaged in the financial services sector. It is a bank holding company for Consumers National Bank and performs commercial and retail banking tasks. Its business involves attracting deposits from businesses and individual customers and using such deposits to originate a commercial, mortgage and consumer loans in the United States market. The company's business banking division provides checking, including business entree checking, business savings, loans and cash management services. Its personal banking services include checking, mortgage loans, loans and credit and savings, CDS and IRAS.
Executives
Lober Ralph J Ii director, officer: CEO/President 9084 EMERALD ISLE ST NW, CANAL FULTON OH 44614
Frank L Paden director 7465 JAGUAR DR, BOARDMAN OH 44512
Suzanne N Mikes officer: VP, Chief Credit Officer 4028 TROON DR, UNIONTOWN OH 44685
Bradley Goris director 3075 SOUTH UNION AVE, ALLIANCE OH 44601-5362
John W Parkinson director 199 ORLANDO MANOR, WINTERSVILLE OH 43953
Kiko Richard T Jr director 103 OVERWOOD RD, AKRON OH 44313
Derek G Williams officer: SVP, Training & Sales Develop 1221 CENTURY HILL STREET, LOUISVILLE OH 44641-2720
Shawna L'italien director 617 BRICKER FARMS LANE, SALEM OH 44460
Ann M Gano director 2053 MAY VALLEY RD SW, NEW PHILADELPHIA OH 44663
Laurie L Mcclellan director, 10 percent owner, officer: CHAIRMAN OF BOD 28 TEPEE DR, MINERVA OH 44644
Schmuck Harry W Jr director 7200 RAVENNA AVE, LOUISVILLE OH 44641
Scott E Dodds officer: EVP, Senior Loan Officer 2669 MT PLEASANT ST NE, NORTH CANTON OH 44721
John P/ Furey director 8050 AVALON RD NW, MALVERN OH 44644
Kimberly K Chuckalovchak officer: SVP, Chief Information Officer 10020 LINDEN RD NW, MINERVA OH 44657
Hillary A Hudak officer: SVP, Chief People Officer 3037 KINGSTON CIR, SILVER LAKE OH 44224

Consumers Bancorp (Consumers Bancorp) Headlines

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