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Claros Mortgage Trust (Claros Mortgage Trust) Net Interest Margin (Bank Only) % : 2.45% (As of Dec. 2023)


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What is Claros Mortgage Trust 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. Claros Mortgage Trust's annualized Net Interest Income (for Banks) for the quarter that ended in Dec. 2023 was $174.2 Mil. Claros Mortgage Trust's average earning assets for the quarter that ended in Dec. 2023 was $7,107.6 Mil. Therefore, Claros Mortgage Trust's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Dec. 2023 was 2.45%.


Claros Mortgage Trust Net Interest Margin (Bank Only) % Historical Data

The historical data trend for Claros Mortgage Trust'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.

Claros Mortgage Trust Net Interest Margin (Bank Only) % Chart

Claros Mortgage Trust Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Net Interest Margin (Bank Only) %
4.05 3.88 3.33 2.98 2.79

Claros Mortgage Trust Quarterly Data
Dec19 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 3.10 2.82 2.95 2.89 2.45

Competitive Comparison of Claros Mortgage Trust's Net Interest Margin (Bank Only) %

For the REIT - Mortgage subindustry, Claros Mortgage Trust'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.


Claros Mortgage Trust's Net Interest Margin (Bank Only) % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Claros Mortgage Trust's Net Interest Margin (Bank Only) % distribution charts can be found below:

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



Claros Mortgage Trust 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).

Claros Mortgage Trust'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 )
=203.732/( (7402.13 + 7177.722)/ 2 )
=203.732/7289.926
=2.79 %

where

Earning Assets(A: Dec. 2022 )
=Money Market Investments + Net Loan + Securities & Investments
=41.703 + 7360.427 + 0
=7402.13

Earning Assets(A: Dec. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=27.588 + 7150.134 + 0
=7177.722

Claros Mortgage Trust'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 )
=174.188/( (7037.417 + 7177.722)/ 2 )
=174.188/7107.5695
=2.45 %

where

Earning Assets(Q: Sep. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=23.183 + 7014.234 + 0
=7037.417

Earning Assets(Q: Dec. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=27.588 + 7150.134 + 0
=7177.722

* 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.


Claros Mortgage Trust  (NYSE:CMTG) 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.


Claros Mortgage Trust Net Interest Margin (Bank Only) % Related Terms

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Claros Mortgage Trust (Claros Mortgage Trust) Business Description

Industry
Traded in Other Exchanges
N/A
Address
C/o Mack Real Estate Credit Strategies, L.P., 60 Columbus Circle, 20th Floor, New York, NY, USA, 10023
Claros Mortgage Trust Inc is a real estate investment trust. The company is focused primarily on originating senior and subordinate loans on transitional commercial real estate assets located in major markets across the U.S.
Executives
Steven Leonard Richman director C/O MACK REAL ESTATE CREDIT STRATEGIES, 60 COLUMBUS CIRCLE, 20TH FLOOR, NEW YORK NY 10023
W Edward Walter director
Jeffrey D Siegel officer: See Remarks C/O MACK REAL ESTATE CREDIT STRATEGIES, 60 COLUMBUS CIRCLE, 20TH FLOOR, NEW YORK NY 10023
Jai Agarwal officer: Chief Financial Officer 601 LEXINGTON AVE, 26TH FLOOR, NEW YORK NY 10022
Richard Mack director, officer: See Remarks 60 COLOMBUS CIRCLE, 20TH FLOOR, NEW YORK NY 10023
Mary Haggerty director 13190 SW 68TH PARKWAY, SUITE 110, TIGARD OR 97223
Mike Mcgillis director, officer: See Remarks C/O MACK REAL ESTATE CREDIT STRATEGIES, 60 COLUMBUS CIRCLE, 20TH FLOOR, NEW YORK NY 10023
Pamela Liebman director C/O MACK REAL ESTATE CREDIT STRATEGIES, 60 COLUMBUS CIRCLE, 20TH FLOOR, NEW YORK NY 10023
Vincent Tese director 245 PARK AVE, 19TH FL., NEW YORK NY 10167
Andrew Mark Silberstein director C/O MACK REAL ESTATE CREDIT STRATEGIES, 60 COLUMBUS CIRCLE, 20TH FLOOR, NEW YORK NY 10023
Koch Industries Inc 10 percent owner 4111 EAST 37TH STREET NORTH, WICHITA KS 67220
Koch Holdings, Llc 10 percent owner 4111 EAST 37TH STREET NORTH, WICHITA KS 67220
Beaverhead Capital, Llc 10 percent owner 4111 E. 37TH STREET NORTH, WICHITA KS 67220
Derrick D Cephas director 690 LEE ROAD, WAYNE PA 19087
Priyanka Garg officer: See Remarks C/O MACK REAL ESTATE CREDIT STRATEGIES, 60 COLUMBUS CIRCLE, 20TH FLOOR, NEW YORK NY 10023

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