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Wells Fargo Net Interest Margin (Bank Only) %

: 2.73% (As of Mar. 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. Wells Fargo's annualized Net Interest Income (for Banks) for the quarter that ended in Mar. 2020 was USD 45,248 Mil. Wells Fargo's average earning assets for the quarter that ended in Mar. 2020 was USD 1,654,436 Mil. Therefore, Wells Fargo's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Mar. 2020 was 2.73%.

Wells Fargo 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.

Wells Fargo Annual Data
Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Net Interest Margin (Bank Only) % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.90 2.86 2.99 3.16 2.93

Wells Fargo Quarterly Data
Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20
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 3.10 3.01 2.85 2.73 2.73
Competitive Comparison
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Wells Fargo Net Interest Margin (Bank Only) % Distribution

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


Wells Fargo 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).

Wells Fargo's annualized Net Interest Margin (Bank Only) % for the fiscal year that ended in Dec. 2019 is calculated as

Net Interest Margin (Bank Only) %(A: Dec. 2019 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (A: Dec. 2018 ) + Earning Assets (A: Dec. 2019 ))/ count )
=47231/( (1580546 + 1644539)/ 2 )
=47231/1612542.5
=2.93 %

where

Earning Assets(A: Dec. 2018 )
=Money Market Investments + Net Loan + Securities & Investments
=80207 + 960502 + 539837
=1580546

Earning Assets(A: Dec. 2019 )
=Money Market Investments + Net Loan + Securities & Investments
=102140 + 977033 + 565366
=1644539

Wells Fargo's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Mar. 2020 is calculated as

Net Interest Margin (Bank Only) %(Q: Mar. 2020 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (Q: Dec. 2019 ) + Earning Assets (Q: Mar. 2020 ))/ count )
=45248/( (1644539 + 1664333)/ 2 )
=45248/1654436
=2.73 %

where

Earning Assets(Q: Dec. 2019 )
=Money Market Investments + Net Loan + Securities & Investments
=102140 + 977033 + 565366
=1644539

Earning Assets(Q: Mar. 2020 )
=Money Market Investments + Net Loan + Securities & Investments
=86465 + 1022258 + 555610
=1664333

* 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 (Mar. 2020) net interest income data. Net Interest Margin (Bank Only) % is displayed in the 30-year financial page for Banks.

Wells Fargo  (NYSE:WFC) 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.

Wells Fargo Net Interest Margin (Bank Only) % Related Terms

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