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ICICI Bank Net Interest Margin (Bank Only) %

: 4.48% (As of Sep. 2021)
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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. ICICI Bank's annualized Net Interest Income (for Banks) for the quarter that ended in Sep. 2021 was $7,271 Mil. ICICI Bank's average earning assets for the quarter that ended in Sep. 2021 was $162,358 Mil. Therefore, ICICI Bank's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Sep. 2021 was 4.48%.


ICICI Bank Net Interest Margin (Bank Only) % Historical Data

The historical data trend for ICICI Bank'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.

ICICI Bank Annual Data
Trend Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21
Net Interest Margin (Bank Only) %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.29 3.19 3.20 3.54 3.79

ICICI Bank Quarterly Data
Jun16 Sep16 Dec16 Mar17 Sep17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 3.76 3.78 3.82 4.23 4.48

Competitive Comparison

For the Banks - Regional subindustry, ICICI Bank'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.

   

ICICI Bank Net Interest Margin (Bank Only) % Distribution

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

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



ICICI Bank 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).

ICICI Bank's annualized Net Interest Margin (Bank Only) % for the fiscal year that ended in Mar. 2021 is calculated as

Net Interest Margin (Bank Only) %(A: Mar. 2021 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (A: Mar. 2020 ) + Earning Assets (A: Mar. 2021 ))/ count )
=6386.1336782954/( (154224.88296163 + 182420.66810309)/ 2 )
=6386.1336782954/168322.77553236
=3.79 %

where

Earning Assets(A: Mar. 2020 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 94736.843035781 + 59488.039925847
=154224.88296163

Earning Assets(A: Mar. 2021 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 108734.65273086 + 73686.015372235
=182420.66810309

ICICI Bank'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 )
=7271.1687401627/( (140455.54253841 + 184259.86579879)/ 2 )
=7271.1687401627/162357.7041686
=4.48 %

where

Earning Assets(Q: Jun. 2021 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 100382.70302889 + 40072.839509529
=140455.54253841

Earning Assets(Q: Sep. 2021 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 111897.07166497 + 72362.794133824
=184259.86579879

* 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.


ICICI Bank  (NYSE:IBN) 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.


ICICI Bank Net Interest Margin (Bank Only) % Related Terms

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ICICI Bank Business Description

ICICI Bank logo
Industry
Financial Services » Banks NAICS : 0 SIC : 0
Address
ICICI Bank Towers, Bandra-Kurla Complex, Mumbai, MH, IND, 400 051
ICICI Bank Ltd provides banking services. The company's operating segment include Retail Banking; Wholesale Banking; Treasury and Other Banking Business. It generates maximum revenue from the Retail Banking segment. Retail Banking segment includes exposures of the Bank, which satisfy the four qualifying criteria of a regulatory retail portfolio as stipulated by RBI guidelines on the Basel III framework as well as includes income from credit cards, debit cards, third party product distribution, and the associated costs. Treasury segment includes the entire investment and derivative portfolio of the Bank. Wholesale Banking segment includes all advances to trusts, partnership firms, companies, and statutory bodies.

ICICI Bank Headlines

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