GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Astoria Financial Corporation (NYSE:AFPRC.PFD) » Definitions » Net Interest Margin (Bank Only) %

AFPRC.PFD (Astoria Financial) Net Interest Margin (Bank Only) % : 2.40% (As of Jun. 2017)


View and export this data going back to 2013. Start your Free Trial

What is Astoria Financial 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. Astoria Financial's annualized Net Interest Income (for Banks) for the quarter that ended in Jun. 2017 was $314.15 Mil. Astoria Financial's average earning assets for the quarter that ended in Jun. 2017 was $13,079.24 Mil. Therefore, Astoria Financial's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Jun. 2017 was 2.40%.


Astoria Financial Net Interest Margin (Bank Only) % Historical Data

The historical data trend for Astoria Financial'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.

Astoria Financial Net Interest Margin (Bank Only) % Chart

Astoria Financial Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Net Interest Margin (Bank Only) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.26 2.30 2.37 2.42 2.44

Astoria Financial Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
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 2.41 2.44 2.42 2.42 2.40

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

For the Banks - Regional subindustry, Astoria Financial'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.


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

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

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


;
;

Astoria Financial 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).

Astoria Financial's annualized Net Interest Margin (Bank Only) % for the fiscal year that ended in Dec. 2016 is calculated as

Net Interest Margin (Bank Only) %(A: Dec. 2016 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (A: Dec. 2015 ) + Earning Assets (A: Dec. 2016 ))/ count )
=331.614/( (13777.638 + 13362.848)/ 2 )
=331.614/13570.243
=2.44 %

where

Earning Assets(A: Dec. 2015 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 11064.041 + 2713.597
=13777.638

Earning Assets(A: Dec. 2016 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 10342.671 + 3020.177
=13362.848

Astoria Financial's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Jun. 2017 is calculated as

Net Interest Margin (Bank Only) %(Q: Jun. 2017 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (Q: Mar. 2017 ) + Earning Assets (Q: Jun. 2017 ))/ count )
=314.148/( (13159.977 + 12998.497)/ 2 )
=314.148/13079.237
=2.40 %

where

Earning Assets(Q: Mar. 2017 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 10124.702 + 3035.275
=13159.977

Earning Assets(Q: Jun. 2017 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 9828.052 + 3170.445
=12998.497

* 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 (Jun. 2017) net interest income data. Net Interest Margin (Bank Only) % is displayed in the 30-year financial page for Banks.


Astoria Financial  (NYSE:AFPRC.PFD) 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.


Astoria Financial Net Interest Margin (Bank Only) % Related Terms

Thank you for viewing the detailed overview of Astoria Financial's Net Interest Margin (Bank Only) % provided by GuruFocus.com. Please click on the following links to see related term pages.


Astoria Financial Business Description

Traded in Other Exchanges
N/A
Address
Astoria Financial Corporation is a holding company for Astoria Federal and Astoria bank, a savings and loan association operating on the Long Island, N.Y., area. The company gathers local deposits from its 85 branches and uses the proceeds to make residential and multifamily loans. The company also makes commercial real estate loans and operates an insurance agency.
Executives
Robert Giambrone director 400 RELLA BOULEVARD, MONTEBELLO NY 10901
Hugh J Donlon officer: Sr EVP and CLO 138 PUTNAM STREET, MARIETTA OH 45750
Jane D Carlin director C/O PHH CORPORATION, 3000 LEADENHALL ROAD, MT. LAUREL NJ 08054
Matthew J Gutauskas officer: Executive Vice President ONE ASTORIA FEDERAL PLAZA, LAKE SUCCESS NY 11042
Patricia M Nazemetz director XEROX CORPORATION, 800 LONG RIDGE ROAD, STAMFORD CT 06904
Stephen J Sipola officer: Executive Vice President ONE ASTORIA BANK PLAZA, LAKE SUCCESS NY 11042
John J. Corrado director ONE ASTORIA BANK PLAZA, LAKE SUCCESS NY 11042
Gary M Honstedt officer: Executive Vice President ONE ASTORIA FEDERAL PLAZA, LAKE SUCCESS NY 11042
Josie Callari officer: Executive Vice President ONE ASTORIA BANK PLAZA, LAKE SUCCESS NY 11042
Robert J Destefano officer: Executive Vice President ONE ASTORIA BANK PLAZA, LAKE SUCCESS NY 11042
Brian T Edwards officer: Executive Vice President ONE ASTORIA BANK PLAZA, LAKE SUCCESS NY 11042
Ralph F Palleschi director ONE ASTORIA BANK PLAZA, LAKE SUCCESS NY 11042
Thomas V Powderly director ONE ASTORIA FEDERAL PLAZA, LAKE SUCCESS NY 11042
Denis J Connors director ONE ASTORIA FEDERAL PLAZA, LAKE SUCCESS NY 11042
Haeffner Peter C Jr director ONE ASTORIA FEDERAL PLAZA, LAKE SUCCESS NY 11042

Astoria Financial Headlines