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JMP Group LLC (JMP Group LLC) Net Interest Margin (Bank Only) % : 4.81% (As of Sep. 2021)


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What is JMP Group LLC 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. JMP Group LLC's annualized Net Interest Income (for Banks) for the quarter that ended in Sep. 2021 was $2.8 Mil. JMP Group LLC's average earning assets for the quarter that ended in Sep. 2021 was $58.3 Mil. Therefore, JMP Group LLC's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Sep. 2021 was 4.81%.


JMP Group LLC Net Interest Margin (Bank Only) % Historical Data

The historical data trend for JMP Group LLC'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.

JMP Group LLC Net Interest Margin (Bank Only) % Chart

JMP Group LLC Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Net Interest Margin (Bank Only) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.31 0.77 1.51 0.76 1.67

JMP Group LLC Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 2.62 2.44 2.45 1.41 4.81

Competitive Comparison of JMP Group LLC's Net Interest Margin (Bank Only) %

For the Capital Markets subindustry, JMP Group LLC'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.


JMP Group LLC's Net Interest Margin (Bank Only) % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, JMP Group LLC's Net Interest Margin (Bank Only) % distribution charts can be found below:

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



JMP Group LLC 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).

JMP Group LLC's annualized Net Interest Margin (Bank Only) % for the fiscal year that ended in Dec. 2020 is calculated as

Net Interest Margin (Bank Only) %(A: Dec. 2020 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (A: Dec. 2019 ) + Earning Assets (A: Dec. 2020 ))/ count )
=1.677/( (113.319 + 87.008)/ 2 )
=1.677/100.1635
=1.67 %

where

Earning Assets(A: Dec. 2019 )
=Money Market Investments + Net Loan + Securities & Investments
=1.287 + 3.622 + 108.41
=113.319

Earning Assets(A: Dec. 2020 )
=Money Market Investments + Net Loan + Securities & Investments
=1.287 + 3.406 + 82.315
=87.008

JMP Group LLC's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Sep. 2021 is calculated as

Net Interest Margin (Bank Only) %(Q: Sep. 2021 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (Q: Jun. 2021 ) + Earning Assets (Q: Sep. 2021 ))/ count )
=2.804/( (63.258 + 53.301)/ 2 )
=2.804/58.2795
=4.81 %

where

Earning Assets(Q: Jun. 2021 )
=Money Market Investments + Net Loan + Securities & Investments
=1.293 + 2.932 + 59.033
=63.258

Earning Assets(Q: Sep. 2021 )
=Money Market Investments + Net Loan + Securities & Investments
=1.283 + 2.407 + 49.611
=53.301

* 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 (Sep. 2021) net interest income data. Net Interest Margin (Bank Only) % is displayed in the 30-year financial page for Banks.


JMP Group LLC  (NYSE:JMP) 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.


JMP Group LLC Net Interest Margin (Bank Only) % Related Terms

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JMP Group LLC (JMP Group LLC) Business Description

Industry
Traded in Other Exchanges
N/A
Address
600 Montgomery Street, Suite 1100, San Francisco, CA, USA, 94111
JMP Group LLC is an investment bank that focuses its investment banking and equity research services on small and middle-market firms in five industries: consumer, financial services, health care, real estate, and technology. JMP provides capital raising, financial advisory, sales and trading, and equity research services. JMP also manages more than $1 billion of assets through its hedge funds and collateralized loan obligation management business.
Executives
Glenn H Tongue director 600 MONTGOMERY STREET, SUITE 1100, SAN FRANCISCO CA 94111
Craig R Johnson director 600 MONTGOMERY STREET SAN FRANCISCO CA 94111
Kenneth M Karmin director 11111 SANTA MONICA BLVD. SUITE 1640 LOS ANGELES CA 90025
Harry Mark Lunenburg director C/O TALON CAPITAL 1001 FARMINGTON AVE WEST HARTFORD CT 06107
David M Dipietro director 10 CHITTENDEN LANE OWINGS MILLS MD 21117
Jonathan M Orszag director C/O COMPASS LEXECON 1101 K STREET NW, 8TH FLOOR WASHINGTON DC 20005
Joseph A Jolson director, 10 percent owner, officer: CEO 600 MONTGOMERY STREET SUITE 1700 SAN FRANCISCO CA 94111
Thomas Rowe Wright officer: Director of Equities 450 PARK AVENUE 5TH FLOOR NEW YORK NY 10022
Carter D Mack director, officer: President 600 MONTGOMERY STREET SAN FRANCISCO CA 94111
Raymond Jackson officer: CFO 600 MONTGOMERY STREET SUITE 1100 SAN FRANCISCO CA 94111
Mark L Lehmann director, officer: President, JMP Securities 600 MONTGOMERY STREET SAN FRANCISCO CA 94111
Kent Ledbetter other: executive committee member 600 MONTGOMERY STREET SUITE 1100 SAN FRANCISCO CA 94111