GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » BlackRock 2037 Mun Tgt (NYSE:BMN) » Definitions » Net Interest Margin (Bank Only) %

BMN (BlackRock 2037 Mun Tgt) Net Interest Margin (Bank Only) % : N/A% (As of Dec. 2024)


View and export this data going back to 1990. Start your Free Trial

What is BlackRock 2037 Mun Tgt 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 2037 Mun Tgt's annualized Net Interest Income (for Banks) for the quarter that ended in Dec. 2024 was $7.70 Mil. BlackRock 2037 Mun Tgt's average earning assets for the quarter that ended in Dec. 2024 was $0.00 Mil. Therefore, BlackRock 2037 Mun Tgt's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Dec. 2024 was N/A%.


BlackRock 2037 Mun Tgt Net Interest Margin (Bank Only) % Historical Data

The historical data trend for BlackRock 2037 Mun Tgt'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 2037 Mun Tgt Net Interest Margin (Bank Only) % Chart

BlackRock 2037 Mun Tgt Annual Data
Trend Dec22 Dec23 Dec24
Net Interest Margin (Bank Only) %
- - -

BlackRock 2037 Mun Tgt Semi-Annual Data
Dec22 Jun23 Dec23 Jun24 Dec24
Net Interest Margin (Bank Only) % - - - - -

Competitive Comparison of BlackRock 2037 Mun Tgt's Net Interest Margin (Bank Only) %

For the Asset Management subindustry, BlackRock 2037 Mun Tgt'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 2037 Mun Tgt's Net Interest Margin (Bank Only) % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, BlackRock 2037 Mun Tgt's Net Interest Margin (Bank Only) % distribution charts can be found below:

* The bar in red indicates where BlackRock 2037 Mun Tgt's Net Interest Margin (Bank Only) % falls into.


;
;

BlackRock 2037 Mun Tgt 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 2037 Mun Tgt's annualized Net Interest Margin (Bank Only) % for the fiscal year that ended in Dec. 2024 is calculated as

Net Interest Margin (Bank Only) %(A: Dec. 2024 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (A: Dec. 2023 ) + Earning Assets (A: Dec. 2024 ))/ count )
=7.654/( (0 + 0)/ 1 )
=7.654/0
=N/A %

where

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

Earning Assets(A: Dec. 2024 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 0 + 0
=0

BlackRock 2037 Mun Tgt's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Dec. 2024 is calculated as

Net Interest Margin (Bank Only) %(Q: Dec. 2024 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (Q: Jun. 2024 ) + Earning Assets (Q: Dec. 2024 ))/ count )
=7.698/( (0 + 0)/ 1 )
=7.698/0
=N/A %

where

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

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


BlackRock 2037 Mun Tgt  (NYSE:BMN) 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 2037 Mun Tgt Net Interest Margin (Bank Only) % Related Terms

Thank you for viewing the detailed overview of BlackRock 2037 Mun Tgt's Net Interest Margin (Bank Only) % provided by GuruFocus.com. Please click on the following links to see related term pages.


BlackRock 2037 Mun Tgt Business Description

Traded in Other Exchanges
N/A
Address
100 Bellevue Parkway, Wilmington, DE, USA, 19809
BlackRock 2037 Mun Tgt is a non-diversified, closed-end management investment company. The Trust's investment objective is to provide current income that is exempt from regular federal income tax. The Trust invests in investment grade quality securities or securities that are unrated but judged to be of comparable quality by the investment adviser.
Executives
Christian Romaglino other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Stayce D. Harris director 1999 S. BASCOM AVE., SUITE 700, CAMPBELL CA 95008
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
Jonathan Diorio officer: Vice President 55 EAST 52ND STREET, NEW YORK NY 10055
Jay M. Fife officer: Treasurer 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Blackrock Advisors Llc other: Investment Adviser 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Trent Walker officer: Chief Financial Officer C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Blackrock Financial Management Inc/de other: See Remarks 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Frank Fabozzi director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Phillip Soccio other: Portfolio Manager 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Robert Glenn Hubbard director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
W Carl Kester director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
John Perlowski director, officer: President and CEO 100 BELLEVUE PARKWAY, WILMINGTON DE 19809

BlackRock 2037 Mun Tgt Headlines