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Spar Nord Bank A/S Net Interest Margin (Bank Only) %

: 3.17% (As of Sep. 2020)
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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. Spar Nord Bank A/S's annualized Net Interest Income (for Banks) for the quarter that ended in Sep. 2020 was DKK1,564 Mil. Spar Nord Bank A/S's average earning assets for the quarter that ended in Sep. 2020 was DKK49,335 Mil. Therefore, Spar Nord Bank A/S's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Sep. 2020 was 3.17%.


Spar Nord Bank A/S Net Interest Margin (Bank Only) % Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Spar Nord Bank A/S Annual Data
Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Net Interest Margin (Bank Only) % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.40 4.96 4.38 3.78 3.66

Spar Nord Bank A/S Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
Net Interest Margin (Bank 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.35 3.31 3.19 3.27 3.17

Competitive Comparison
* 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.


Spar Nord Bank A/S Net Interest Margin (Bank Only) % Distribution

* The bar in red indicates where Spar Nord Bank A/S's Net Interest Margin (Bank Only) % falls into.



Spar Nord Bank A/S 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).

Spar Nord Bank A/S's annualized Net Interest Margin (Bank Only) % for the fiscal year that ended in Dec. 2018 is calculated as

Net Interest Margin (Bank Only) %(A: Dec. 2018 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (A: Dec. 2017 ) + Earning Assets (A: Dec. 2018 ))/ count )
=1548/( (44022 + 40576)/ 2 )
=1548/42299
=3.66 %

where

Earning Assets(A: Dec. 2017 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 44022 + 0
=44022

Earning Assets(A: Dec. 2018 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 40576 + 0
=40576

Spar Nord Bank A/S's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Sep. 2020 is calculated as

Net Interest Margin (Bank Only) %(Q: Sep. 2020 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (Q: Jun. 2020 ) + Earning Assets (Q: Sep. 2020 ))/ count )
=1564/( (49272 + 49397)/ 2 )
=1564/49334.5
=3.17 %

where

Earning Assets(Q: Jun. 2020 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 49272 + 0
=49272

Earning Assets(Q: Sep. 2020 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 49397 + 0
=49397

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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. 2020) net interest income data. Net Interest Margin (Bank Only) % is displayed in the 30-year financial page for Banks.


Spar Nord Bank A/S  (LTS:0JH4) 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.


Spar Nord Bank A/S Net Interest Margin (Bank Only) % Related Terms


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