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ARI (Apollo Commercial Real Estate Finance) Net Interest Margin (Bank Only) % : 42.69% (As of Sep. 2024)


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What is Apollo Commercial Real Estate Finance 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. Apollo Commercial Real Estate Finance's annualized Net Interest Income (for Banks) for the quarter that ended in Sep. 2024 was $188.2 Mil. Apollo Commercial Real Estate Finance's average earning assets for the quarter that ended in Sep. 2024 was $440.8 Mil. Therefore, Apollo Commercial Real Estate Finance's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Sep. 2024 was 42.69%.


Apollo Commercial Real Estate Finance Net Interest Margin (Bank Only) % Historical Data

The historical data trend for Apollo Commercial Real Estate Finance'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.

Apollo Commercial Real Estate Finance Net Interest Margin (Bank Only) % Chart

Apollo Commercial Real Estate Finance Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Interest Margin (Bank Only) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.91 4.33 3.70 5.45 35.10

Apollo Commercial Real Estate Finance Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 35.95 41.56 65.28 61.77 42.69

Competitive Comparison of Apollo Commercial Real Estate Finance's Net Interest Margin (Bank Only) %

For the REIT - Mortgage subindustry, Apollo Commercial Real Estate Finance'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.


Apollo Commercial Real Estate Finance's Net Interest Margin (Bank Only) % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Apollo Commercial Real Estate Finance's Net Interest Margin (Bank Only) % distribution charts can be found below:

* The bar in red indicates where Apollo Commercial Real Estate Finance's Net Interest Margin (Bank Only) % falls into.



Apollo Commercial Real Estate Finance 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).

Apollo Commercial Real Estate Finance's annualized Net Interest Margin (Bank Only) % for the fiscal year that ended in Dec. 2023 is calculated as

Net Interest Margin (Bank Only) %(A: Dec. 2023 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (A: Dec. 2022 ) + Earning Assets (A: Dec. 2023 ))/ count )
=252.172/( (1011.095 + 425.882)/ 2 )
=252.172/718.4885
=35.10 %

where

Earning Assets(A: Dec. 2022 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 1011.095 + 0
=1011.095

Earning Assets(A: Dec. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 425.882 + 0
=425.882

Apollo Commercial Real Estate Finance's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Sep. 2024 is calculated as

Net Interest Margin (Bank Only) %(Q: Sep. 2024 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (Q: Jun. 2024 ) + Earning Assets (Q: Sep. 2024 ))/ count )
=188.172/( (401.676 + 479.991)/ 2 )
=188.172/440.8335
=42.69 %

where

Earning Assets(Q: Jun. 2024 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 401.676 + 0
=401.676

Earning Assets(Q: Sep. 2024 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 479.991 + 0
=479.991

* 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. 2024) net interest income data. Net Interest Margin (Bank Only) % is displayed in the 30-year financial page for Banks.


Apollo Commercial Real Estate Finance  (NYSE:ARI) 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.


Apollo Commercial Real Estate Finance Net Interest Margin (Bank Only) % Related Terms

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Apollo Commercial Real Estate Finance Business Description

Traded in Other Exchanges
Address
c/o Apollo Global Management, Inc, 9 West 57th Street, 42nd Floor, New York, NY, USA, 10019
Apollo Commercial Real Estate Finance Inc is a real estate investment trust that primarily originates, invests in, acquires, and manages commercial first-mortgage loans, subordinate financings, commercial mortgage-backed securities, and other real estate-related debt investments. The subordinate loans and first-mortgage loans account for the vast majority of the portfolio on a cost basis. Property types include residential, retail, healthcare, office, mixed-use, hotel, industrial, multifamily, securities, and other, with residential properties and hotels representing the highest property value. More than a third of the properties are located in New York City, with the other properties located across other regions of the United States, as well as other countries.
Executives
Pamela G Carlton director 901 S. MARQUETTE AVENUE, MINNEAPOLIS MN 55402
Scott Prince director 9 W 57TH STREET, NEW YORK NY 10019
Mark C Biderman director NATIONAL FINANCIAL PARTNERS CORP, 340 MADISON AVENUE, 19TH FL, NEW YORK NY 10173
Stuart Rothstein officer: CFO, Treasurer and Secretary 2180 SAND HILL RD, STE 200, MENLO PARK CA 94025
Robert A Kasdin director 239 CENTRAL PARK WEST, APT 3A, NEW YORK NY 10024
Anastasia G. Mironova officer: CFO, Secretary & Treasurer 9 WEST 57TH STREET, 43RD FLOOR, NEW YORK NY 10019
Whonder Carmencita N.m. director 9 WEST 57TH STREET, 43RD FLOOR, NEW YORK NY 10019
Eric Press director 1301 AVENUE OF THE AMERICA 38TH FLOOR, NEW YORK NY 10019
Jai Agarwal officer: CFO, Treasurer and Secretary 601 LEXINGTON AVE, 26TH FLOOR, NEW YORK NY 10022
Katherine G. Newman director C/O APOLLO GLOBAL MANAGEMENT, INC., 9 WEST 57TH STREET, 43RD FLOOR, NEW YORK NY 10019
Michael Salvati director
Brenna Haysom Romando director 36 BLOOMS CORNERS ROAD, WARWICK NY 10990
Jeffrey M Gault director MORGANS HOTEL GROUP CO., 475 TENTH AVENUE, NEW YORK NY 10018
Investment Authority Qatar 10 percent owner P.O. BOX 23224, DOHA S3 QATAR
Cindy Z Michel director C/O APOLLO INVESTMENT CORPORATION, 9 WEST 57TH STREET, NEW YORK NY 10019