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Blackrock Municipalome Trust II (Blackrock Municipalome Trust II) Net Interest Margin (Bank Only) % : 4,575.05% (As of Jan. 2024)


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What is Blackrock Municipalome Trust II 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 Municipalome Trust II's annualized Net Interest Income (for Banks) for the quarter that ended in Jan. 2024 was $23.47 Mil. Blackrock Municipalome Trust II's average earning assets for the quarter that ended in Jan. 2024 was $0.51 Mil. Therefore, Blackrock Municipalome Trust II's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Jan. 2024 was 4,575.05%.


Blackrock Municipalome Trust II Net Interest Margin (Bank Only) % Historical Data

The historical data trend for Blackrock Municipalome Trust II'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 Municipalome Trust II Net Interest Margin (Bank Only) % Chart

Blackrock Municipalome Trust II Annual Data
Trend Aug13 Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Jul23
Net Interest Margin (Bank Only) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5,649.53 7,648.28 7,908.88 2,174.34 2,963.45

Blackrock Municipalome Trust II Semi-Annual Data
Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Jan23 Jul23 Jan24
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 2,754.45 3,377.26 1,572.12 1,608.07 4,575.05

Competitive Comparison of Blackrock Municipalome Trust II's Net Interest Margin (Bank Only) %

For the Asset Management subindustry, Blackrock Municipalome Trust II'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 Municipalome Trust II's Net Interest Margin (Bank Only) % Distribution in the Asset Management Industry

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

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



Blackrock Municipalome Trust II 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 Municipalome Trust II's annualized Net Interest Margin (Bank Only) % for the fiscal year that ended in Jul. 2023 is calculated as

Net Interest Margin (Bank Only) %(A: Jul. 2023 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (A: Aug. 2021 ) + Earning Assets (A: Jul. 2023 ))/ count )
=26.597/( (1.282 + 0.513)/ 2 )
=26.597/0.8975
=2,963.45 %

where

Earning Assets(A: Aug. 2021 )
=Money Market Investments + Net Loan + Securities & Investments
=1.282 + 0 + 0
=1.282

Earning Assets(A: Jul. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=0.513 + 0 + 0
=0.513

Blackrock Municipalome Trust II's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Jan. 2024 is calculated as

Net Interest Margin (Bank Only) %(Q: Jan. 2024 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (Q: Jul. 2023 ) + Earning Assets (Q: Jan. 2024 ))/ count )
=23.47/( (0.513 + 0)/ 1 )
=23.47/0.513
=4,575.05 %

where

Earning Assets(Q: Jul. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=0.513 + 0 + 0
=0.513

Earning Assets(Q: Jan. 2024 )
=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 (Jan. 2024) net interest income data. Net Interest Margin (Bank Only) % is displayed in the 30-year financial page for Banks.


Blackrock Municipalome Trust II  (NYSE:BLE) 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 Municipalome Trust II Net Interest Margin (Bank Only) % Related Terms

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Blackrock Municipalome Trust II (Blackrock Municipalome Trust II) Business Description

Traded in Other Exchanges
N/A
Address
100 Bellevue Parkway, Wilmington, DE, USA, 19809
Blackrock Municipal Income Trust II is a perpetual closed-end municipal bond fund. Its objective is to provide current income exempt from regular Federal income taxes and Maryland personal income taxes. The company's diverse platform of active (alpha) and index (beta) investment strategies across asset classes enables it to tailor investment outcomes and asset allocation solutions for clients. Blackrock's product offerings include single and multi-asset class portfolios investing in equities, fixed income, alternatives and money market instruments.
Executives
Arthur Philip Steinmetz director 50 HUDSON YARDS, NEW YORK NY 10001
Aaron David Wasserman officer: Chief Compliance Officer 50 HUDSON YARDS, NEW YORK NY 10001
Peter Hayes other: Officer of the Advisor 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Kristi Manidis Santiago other: Portfolio Manager 1 UNIVERSITY SQUARE DRIVE, PRINCETON NJ 08540
Christian Romaglino other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Kevin Maloney other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Michael Kalinoski other: Portfolio Manager 800 SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
Phillip Soccio other: Portfolio Manager 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
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
Robert Glenn Hubbard director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Michael Perilli other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Frank Fabozzi director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Michael J Castellano director C/O LAZARD LLC, 30 ROCKEFELLER PLAZA, NEW YORK NY 10020

Blackrock Municipalome Trust II (Blackrock Municipalome Trust II) Headlines

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