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Altaba (Altaba) Net Interest Margin (Bank Only) % : 9.28% (As of Jun. 2019)


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What is Altaba 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. Altaba's annualized Net Interest Income (for Banks) for the quarter that ended in Jun. 2019 was $60.99 Mil. Altaba's average earning assets for the quarter that ended in Jun. 2019 was $657.19 Mil. Therefore, Altaba's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Jun. 2019 was 9.28%.


Altaba Net Interest Margin (Bank Only) % Historical Data

The historical data trend for Altaba'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.

Altaba Net Interest Margin (Bank Only) % Chart

Altaba Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Net Interest Margin (Bank Only) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.79 1.74 0.93 - -0.81

Altaba Semi-Annual Data
Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Dec17 Jun18 Dec18 Jun19
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 0.27 -2.72 - 7.56 9.28

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

For the Asset Management subindustry, Altaba'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.


Altaba's Net Interest Margin (Bank Only) % Distribution in the Asset Management Industry

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

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



Altaba 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).

Altaba'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 )
=-5.356/( (0 + 657.19)/ 1 )
=-5.356/657.19
=-0.81 %

where

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

Earning Assets(A: Dec. 2018 )
=Money Market Investments + Net Loan + Securities & Investments
=657.19 + 0 + 0
=657.19

Altaba's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Jun. 2019 is calculated as

Net Interest Margin (Bank Only) %(Q: Jun. 2019 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (Q: Dec. 2018 ) + Earning Assets (Q: Jun. 2019 ))/ count )
=60.994/( (657.19 + 0)/ 1 )
=60.994/657.19
=9.28 %

where

Earning Assets(Q: Dec. 2018 )
=Money Market Investments + Net Loan + Securities & Investments
=657.19 + 0 + 0
=657.19

Earning Assets(Q: Jun. 2019 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 0 + 0
=0

* 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 two times the semi-annual (Jun. 2019) net interest income data. Net Interest Margin (Bank Only) % is displayed in the 30-year financial page for Banks.


Altaba  (NAS:AABA) 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.


Altaba Net Interest Margin (Bank Only) % Related Terms

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Altaba (Altaba) Business Description

Industry
Traded in Other Exchanges
N/A
Address
140 East 45th Street, 15th Floor, New York, NY, USA, 10017
Altaba is a closed-end management company with holdings mostly in Yahoo Japan and Alibaba. After Yahoo sold its core business to Verizon in June 2017, the firm changed its name to Altaba and became a publicly traded investment holding company.
Executives
Alexi Wellman officer: Chief Financial Officer ALTABA, 140 E 45TH STREET, 15TH FLOOR, SUITE 15A, NEW YORK NY 10017
Christopher Hohn 10 percent owner C/O TCI FUND MANAGEMENT LIMITED, 7 CLIFFORD ST, LONDON X0 W1S 2FT
Tor Braham director C/O NETAPP, 495 E. JAVA DRIVE, SUNNYVALE CA 94089
Cathy Friedman director C/O INNOVIVA, INC., 2000 SIERRA POINT PARKWAY, SUITE 500, BRISBANE CA 94005
Marissa A Mayer director, officer: Chief Executive Officer 702 SW 8TH STREET, BENTONVILLE AR 72716
Kenneth A Goldman officer: Chief Financial Officer C/O YAHOO! INC., 701 FIRST AVENUE, SUNNYVALE CA 94089
Webb Maynard G Jr director 16541 CYPRESS WAY, LOS GATOS CA 95030
Jeffrey C Smith director 201 E LAS OLAS BOULEVARD, SUITE 1000, FORT LAUDERDALE FL 33301
Eddy W Hartenstein director
Scott H Lee Jr other: Former Director WAL MART STORES INC, 702 SW 8TH STREET, BENTONVILLE AR 72716-0130
Richard Hill director
Eric Brandt director C/O DENTSPLY SIRONA INC, 13320 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Jane E Shaw director 2071 STIERLIN COURT, MOUNTAIN VIEW CA 94043
Thomas Mcinerney director ALTABA INC., 140 E 45TH STREET, 15TH FLOOR, SUITE 15A, NEW YORK X1 10017
Charles R. Schwab director PO BOX 2226, PALM BEACH FL 33480

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