Standard Mercantile Acquisition (TSX:SMA) Net Interest Income (for Banks) : C$0.82 Mil (As of Jun. 2023)

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What is Standard Mercantile Acquisition Net Interest Income (for Banks)?

Net interest income is the income earned by banks from the fund they have on their balance sheet. Standard Mercantile Acquisition's net interest income for the three months ended in Jun. 2023 was C$0.20 Mil. Its net interest income for the trailing twelve months (TTM) ended in Jun. 2023 was C$0.82 Mil.

Standard Mercantile Acquisition's quarterly net interest income declined from Dec. 2022 (C$0.21 Mil) to Mar. 2023 (C$0.20 Mil) and declined from Mar. 2023 (C$0.20 Mil) to Jun. 2023 (C$0.20 Mil).

Standard Mercantile Acquisition's annual net interest income declined from Dec. 2020 (C$1.24 Mil) to Dec. 2021 (C$0.96 Mil) and declined from Dec. 2021 (C$0.96 Mil) to Dec. 2022 (C$0.78 Mil).

Standard Mercantile Acquisition Net Interest Income (for Banks) Historical Data

The historical data trend for Standard Mercantile Acquisition's Net Interest Income (for Banks) 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.

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Standard Mercantile Acquisition Net Interest Income (for Banks) Chart

Standard Mercantile Acquisition Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Net Interest Income (for Banks)

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1.23

1.38

1.24

0.96

0.78

Standard Mercantile Acquisition Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Net Interest Income (for Banks)	Get a 7-Day Free Trial															0.18	0.20	0.21	0.20	0.20

Standard Mercantile Acquisition Net Interest Income (for Banks) Calculation

Income earned by banks from the fund they have on their balance sheet. These funds can be from customers' deposit, bank's own equity or borrowed.

Net Interest Income (for Banks) for the trailing twelve months (TTM) ended in Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.82 Mil.

Standard Mercantile Acquisition (TSX:SMA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Standard Mercantile Acquisition Corp (TSX:SMA) » Definitions » Net Interest Income (for Banks)

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Address

181 Bay Street, Suite 1800, Toronto, ON, CAN, M5J 2T9

Website

https://www.standardmercantileacquisition.com

Standard Mercantile Acquisition Corp is focused on monetizing its remaining mortgage assets and is seeking a target acquisition to enable its shareholders to participate in the potential future value of the company's public listing through a merger transaction with a private operating business.

Standard Mercantile Acquisition (TSX:SMA) Headlines

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