GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Century Financial Corp (OTCPK:CYFL) » Definitions » Net Interest Margin (Bank Only) %

CYFL (Century Financial) Net Interest Margin (Bank Only) % : 6.62% (As of Sep. 2024)


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

What is Century 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. Century Financial's annualized Net Interest Income (for Banks) for the quarter that ended in Sep. 2024 was $19.90 Mil. Century Financial's average earning assets for the quarter that ended in Sep. 2024 was $300.65 Mil. Therefore, Century Financial's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Sep. 2024 was 6.62%.


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

The historical data trend for Century 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.

Century Financial Net Interest Margin (Bank Only) % Chart

Century Financial Annual Data
Trend Dec04 Dec05 Dec06 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Interest Margin (Bank Only) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.83 5.50 5.16 6.78 8.74

Century Financial 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 7.02 7.97 7.44 6.59 6.62

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

For the Banks - Regional subindustry, Century 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.


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

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

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



Century 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).

Century Financial'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 )
=18.223/( (199.389 + 217.787)/ 2 )
=18.223/208.588
=8.74 %

where

Earning Assets(A: Dec. 2022 )
=Money Market Investments + Net Loan + Securities & Investments
=1.096 + 198.293 + 0
=199.389

Earning Assets(A: Dec. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=1.351 + 216.436 + 0
=217.787

Century Financial'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 )
=19.9/( (297.65 + 303.642)/ 2 )
=19.9/300.646
=6.62 %

where

Earning Assets(Q: Jun. 2024 )
=Money Market Investments + Net Loan + Securities & Investments
=61.746 + 235.904 + 0
=297.65

Earning Assets(Q: Sep. 2024 )
=Money Market Investments + Net Loan + Securities & Investments
=68.118 + 235.524 + 0
=303.642

* 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.


Century Financial  (OTCPK:CYFL) 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.


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

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


Century Financial Business Description

Industry
Traded in Other Exchanges
N/A
Address
100 West Chicago Street, Coldwater, MI, USA, 49036
Century Financial Corp operates in the banking industry. The Company provides financial services through its offices located in southern Michigan. Its primary deposit products are checking, savings, and term certificate accounts, and its primary lending products are residential mortgage, commercial, and installment consumer loans and trust services. It also provides wealth management services.

Century Financial Headlines

No Headlines