EVM (Eaton Vance California Municipal Bond Fund) Net Interest Margin (Bank Only) %: 502.67% (As of Mar. 2025)


EVM Eaton Vance California Municipal Bond Fund EVM
23 GF Score
Price $9.46
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What is Eaton Vance California Municipal Bond Fund Net Interest Margin (Bank Only) %?

Eaton Vance California Municipal Bond Fund EVM -0.84% 23 Net Interest Margin (Bank Only) % is 502.67% as of Mar. 2025. GuruFocus rates EVM with a GF Score™ of 23/100.

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. Eaton Vance California Municipal Bond Fund's annualized Net Interest Income (for Banks) for the quarter that ended in Mar. 2025 was $11.31 Mil. Eaton Vance California Municipal Bond Fund's average earning assets for the quarter that ended in Mar. 2025 was $2.25 Mil. Therefore, Eaton Vance California Municipal Bond Fund's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Mar. 2025 was 502.67%.


Eaton Vance California Municipal Bond Fund  (AMEX:EVM) 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.


Eaton Vance California Municipal Bond Fund Net Interest Margin (Bank Only) % Related Terms


Eaton Vance California Municipal Bond Fund Net Interest Margin (Bank Only) % Historical Data

* Premium members only.

The historical data trend for Eaton Vance California Municipal Bond Fund'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.

Eaton Vance California Municipal Bond Fund Net Interest Margin (Bank Only) % Chart

Eaton Vance California Municipal Bond Fund Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Net Interest Margin (Bank Only) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 1,674.40 1,451.81 730.55

Eaton Vance California Municipal Bond Fund Semi-Annual Data
Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25
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 1,300.48 1,647.38 1,616.00 474.76 502.67

EVM vs TSI, LIEN, JRS: Net Interest Margin (Bank Only) % Comparison

For the Asset Management subindustry, Eaton Vance California Municipal Bond Fund'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.


Eaton Vance California Municipal Bond Fund Net Interest Margin (Bank Only) % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Eaton Vance California Municipal Bond Fund's Net Interest Margin (Bank Only) % distribution charts can be found below:

* The bar in red indicates where Eaton Vance California Municipal Bond Fund's Net Interest Margin (Bank Only) % falls into.


EVM
23GF Score
Eaton Vance California Municipal Bond Fund EVM
Net Interest Margin (Bank Only) % is just one metric. See GF Score™, valuation, warning signs, and more.
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Eaton Vance California Municipal Bond Fund 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).

Eaton Vance California Municipal Bond Fund's annualized Net Interest Margin (Bank Only) % for the fiscal year that ended in Sep. 2024 is calculated as

Net Interest Margin (Bank Only) %(A: Sep. 2024 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (A: Sep. 2023 ) + Earning Assets (A: Sep. 2024 ))/ count )
=10.593/( (0.65 + 2.25)/ 2 )
=10.593/1.45
=730.55 %

where

Earning Assets(A: Sep. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=0.65 + 0 + 0
=0.65

Earning Assets(A: Sep. 2024 )
=Money Market Investments + Net Loan + Securities & Investments
=2.25 + 0 + 0
=2.25

Eaton Vance California Municipal Bond Fund's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Mar. 2025 is calculated as

Net Interest Margin (Bank Only) %(Q: Mar. 2025 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (Q: Sep. 2024 ) + Earning Assets (Q: Mar. 2025 ))/ count )
=11.31/( (2.25 + 0)/ 1 )
=11.31/2.25
=502.67 %

where

Earning Assets(Q: Sep. 2024 )
=Money Market Investments + Net Loan + Securities & Investments
=2.25 + 0 + 0
=2.25

Earning Assets(Q: Mar. 2025 )
=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 (Mar. 2025) net interest income data. Net Interest Margin (Bank Only) % is displayed in the 30-year financial page for Banks.

What does a Net Interest Margin (Bank Only) % of 502.67% mean?
Eaton Vance California Municipal Bond Fund (EVM) has a Net Interest Margin (Bank Only) % of 502.67% as of Mar. 2025. Net interest margin is the ratio of a bank's net interest income to its average two-period earning assets. View historical data on Eaton Vance California Municipal Bond Fund and its competitors.
Is Eaton Vance California Municipal Bond Fund's Net Interest Margin (Bank Only) % too high?
Eaton Vance California Municipal Bond Fund's current Net Interest Margin (Bank Only) % is 502.67%. Overall, Eaton Vance California Municipal Bond Fund has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does Eaton Vance California Municipal Bond Fund's Net Interest Margin (Bank Only) % compare to TSI and LIEN?
Eaton Vance California Municipal Bond Fund's Net Interest Margin (Bank Only) % of 502.67% can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Interest Margin (Bank Only) % for an Asset Management company?
A good Net Interest Margin (Bank Only) % depends on the Asset Management industry context. However, Net Interest Margin (Bank Only) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Interest Margin (Bank Only) % mean?
A high Net Interest Margin (Bank Only) % can signal that a stock is expensive relative to its fundamentals. Net interest margin is the ratio of a bank's net interest income to its average two-period earning assets. View historical data on Eaton Vance California Municipal Bond Fund and its competitors. Eaton Vance California Municipal Bond Fund's current Net Interest Margin (Bank Only) % is 502.67%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eaton Vance California Municipal Bond Fund stock overvalued right now?
Eaton Vance California Municipal Bond Fund (EVM) has a current Net Interest Margin (Bank Only) % of 502.67%. The current Net Interest Margin (Bank Only) % is 502.67%. Eaton Vance California Municipal Bond Fund's overall GF Score™ is 23/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Interest Margin (Bank Only) % calculated?
Net Interest Margin (Bank Only) % is calculated from a company's financial statements. For Eaton Vance California Municipal Bond Fund (EVM), the current Net Interest Margin (Bank Only) % is 502.67% as of Mar. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Eaton Vance California Municipal Bond Fund Business Description

Address One Post Office Square, Boston, MA, USA, 02109
Eaton Vance California Municipal Bond Fund is an investment company with an objective to provide current income exempt from regular federal income tax, including alternative minimum tax, and, in state specific funds, taxes in its specified state. The company provides its solutions to individual investors, institutional investors, high net worth individuals, family office investors, and financial professionals. It offers a range of equity, income, and alternative strategies to institutional investors, both in the United States and internationally.
23GF Score

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Net Interest Margin (Bank Only) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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