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BlackRock Capital Allocation Trust (BlackRock Capital Allocation Trust) Net Interest Margin (Bank Only) % : 214.73% (As of Dec. 2023)


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What is BlackRock Capital Allocation Trust 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. BlackRock Capital Allocation Trust's annualized Net Interest Income (for Banks) for the quarter that ended in Dec. 2023 was $56.8 Mil. BlackRock Capital Allocation Trust's average earning assets for the quarter that ended in Dec. 2023 was $26.4 Mil. Therefore, BlackRock Capital Allocation Trust's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Dec. 2023 was 214.73%.


BlackRock Capital Allocation Trust Net Interest Margin (Bank Only) % Historical Data

The historical data trend for BlackRock Capital Allocation Trust'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.

BlackRock Capital Allocation Trust Net Interest Margin (Bank Only) % Chart

BlackRock Capital Allocation Trust Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Net Interest Margin (Bank Only) %
9.60 115.70 187.81 224.79

BlackRock Capital Allocation Trust Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Net Interest Margin (Bank Only) % Get a 7-Day Free Trial 191.51 197.88 222.76 245.71 214.73

Competitive Comparison of BlackRock Capital Allocation Trust's Net Interest Margin (Bank Only) %

For the Asset Management subindustry, BlackRock Capital Allocation Trust'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.


BlackRock Capital Allocation Trust's Net Interest Margin (Bank Only) % Distribution in the Asset Management Industry

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

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



BlackRock Capital Allocation Trust 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).

BlackRock Capital Allocation Trust'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 )
=60.102/( (26.104 + 27.369)/ 2 )
=60.102/26.7365
=224.79 %

where

Earning Assets(A: Dec. 2022 )
=Money Market Investments + Net Loan + Securities & Investments
=26.104 + 0 + 0
=26.104

Earning Assets(A: Dec. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=27.369 + 0 + 0
=27.369

BlackRock Capital Allocation Trust's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Dec. 2023 is calculated as

Net Interest Margin (Bank Only) %(Q: Dec. 2023 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (Q: Jun. 2023 ) + Earning Assets (Q: Dec. 2023 ))/ count )
=56.782/( (25.519 + 27.369)/ 2 )
=56.782/26.444
=214.73 %

where

Earning Assets(Q: Jun. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=25.519 + 0 + 0
=25.519

Earning Assets(Q: Dec. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=27.369 + 0 + 0
=27.369

* 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 (Dec. 2023) net interest income data. Net Interest Margin (Bank Only) % is displayed in the 30-year financial page for Banks.


BlackRock Capital Allocation Trust  (NYSE:BCAT) 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.


BlackRock Capital Allocation Trust Net Interest Margin (Bank Only) % Related Terms

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BlackRock Capital Allocation Trust (BlackRock Capital Allocation Trust) Business Description

Traded in Other Exchanges
N/A
Address
100 Bellevue Parkway, Wilmington, DE, USA, 19809
BlackRock Capital Allocation Trust is a non-diversified, closed-end management investment company. The investment objective is to provide total return and income through a combination of current income, current gains and long-term capital appreciation.
Executives
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Boaz Weinstein 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Arthur Philip Steinmetz director 50 HUDSON YARDS, NEW YORK NY 10001
Richard M Rieder other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Aaron David Wasserman officer: Chief Compliance Officer 50 HUDSON YARDS, NEW YORK NY 10001
Robert W Fairbairn director 55 EAST 52ND STREET, NEW YORK NY 10055
Russell Jared Koesterich other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Lorenzo Flores director 2100 LOGIC DRIVE, SAN JOSE CA 95124
James Phillip Holloman director P.O. BOX 625737, 6800 CINTAS BOULEVARD, CINCINNATI OH 45262
Stayce D. Harris director 1999 S. BASCOM AVE., SUITE 700, CAMPBELL CA 95008
Trent Walker officer: Chief Financial Officer C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Blackrock (singapore) Ltd. other: Investment Adviser 40 EAST 52ND STREET, NEW YORK NY 10022
Robert Glenn Hubbard director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Catherine A. Lynch director 55 EAST 52ND STREET, NEW YORK NY 10055
Michael J Castellano director C/O LAZARD LLC, 30 ROCKEFELLER PLAZA, NEW YORK NY 10020