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Woori Bank (Woori Bank) Net Interest Margin (Bank Only) % : 1.81% (As of Sep. 2018)


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What is Woori Bank 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. Woori Bank's annualized Net Interest Income (for Banks) for the quarter that ended in Sep. 2018 was $5,118 Mil. Woori Bank's average earning assets for the quarter that ended in Sep. 2018 was $282,731 Mil. Therefore, Woori Bank's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Sep. 2018 was 1.81%.


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

The historical data trend for Woori 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.

Woori Bank Net Interest Margin (Bank Only) % Chart

Woori Bank Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Net Interest Margin (Bank Only) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.90 1.80 1.76 1.74 1.80

Woori Bank Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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 1.84 1.80 1.77 1.75 1.81

Competitive Comparison of Woori Bank's Net Interest Margin (Bank Only) %

For the Banks - Regional subindustry, Woori 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.


Woori Bank's Net Interest Margin (Bank Only) % Distribution in the Banks Industry

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

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



Woori 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).

Woori Bank's annualized Net Interest Margin (Bank Only) % for the fiscal year that ended in Dec. 2017 is calculated as

Net Interest Margin (Bank Only) %(A: Dec. 2017 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (A: Dec. 2016 ) + Earning Assets (A: Dec. 2017 ))/ count )
=4820.981/( (252538.895 + 281698.184)/ 2 )
=4820.981/267118.5395
=1.80 %

where

Earning Assets(A: Dec. 2016 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 218408.575 + 34130.32
=252538.895

Earning Assets(A: Dec. 2017 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 246657.781 + 35040.403
=281698.184

Woori Bank's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Sep. 2018 is calculated as

Net Interest Margin (Bank Only) %(Q: Sep. 2018 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (Q: Jun. 2018 ) + Earning Assets (Q: Sep. 2018 ))/ count )
=5117.52/( (289126.825 + 276335.198)/ 2 )
=5117.52/282731.0115
=1.81 %

where

Earning Assets(Q: Jun. 2018 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 253775.011 + 35351.814
=289126.825

Earning Assets(Q: Sep. 2018 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 239713.212 + 36621.986
=276335.198

* 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. 2018) net interest income data. Net Interest Margin (Bank Only) % is displayed in the 30-year financial page for Banks.


Woori Bank  (NYSE:WF) 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.


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

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Woori Bank (Woori Bank) Business Description

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Woori Bank is a commercial bank domiciled in Korea. The company organises its operations across six segments: consumer banking, corporate banking, investment banking, capital market, credit card, and headquarter and others. The company principally earns revenue from interest income, with most of this is derived from consumer and corporate customers. Consumer and corporate banking together represent the vast majority of revenue, and the bank generates the majority of its revenue domestically. The Korean government is a majority shareholder in Woori Bank.

Woori Bank (Woori Bank) Headlines

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