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JAVELIN Mortgage Investment (JAVELIN Mortgage Investment) Net Interest Margin (Bank Only) % : 2.67% (As of Dec. 2015)


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What is JAVELIN Mortgage Investment 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. JAVELIN Mortgage Investment's annualized Net Interest Income (for Banks) for the quarter that ended in Dec. 2015 was $23.56 Mil. JAVELIN Mortgage Investment's average earning assets for the quarter that ended in Dec. 2015 was $884.01 Mil. Therefore, JAVELIN Mortgage Investment's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Dec. 2015 was 2.67%.


JAVELIN Mortgage Investment Net Interest Margin (Bank Only) % Historical Data

The historical data trend for JAVELIN Mortgage Investment'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.

JAVELIN Mortgage Investment Net Interest Margin (Bank Only) % Chart

JAVELIN Mortgage Investment Annual Data
Trend Dec13 Dec14 Dec15
Net Interest Margin (Bank Only) %
3.71 3.06 2.42

JAVELIN Mortgage Investment Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15
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 2.66 2.38 2.72 2.64 2.67

Competitive Comparison of JAVELIN Mortgage Investment's Net Interest Margin (Bank Only) %

For the REIT - Diversified subindustry, JAVELIN Mortgage Investment'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.


JAVELIN Mortgage Investment's Net Interest Margin (Bank Only) % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, JAVELIN Mortgage Investment's Net Interest Margin (Bank Only) % distribution charts can be found below:

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



JAVELIN Mortgage Investment 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).

JAVELIN Mortgage Investment's annualized Net Interest Margin (Bank Only) % for the fiscal year that ended in Dec. 2015 is calculated as

Net Interest Margin (Bank Only) %(A: Dec. 2015 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (A: Dec. 2014 ) + Earning Assets (A: Dec. 2015 ))/ count )
=25.388/( (1240.193 + 855.598)/ 2 )
=25.388/1047.8955
=2.42 %

where

Earning Assets(A: Dec. 2014 )
=Money Market Investments + Net Loan + Securities & Investments
=3.209 + 0 + 1236.984
=1240.193

Earning Assets(A: Dec. 2015 )
=Money Market Investments + Net Loan + Securities & Investments
=9.539 + 0 + 846.059
=855.598

JAVELIN Mortgage Investment's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Dec. 2015 is calculated as

Net Interest Margin (Bank Only) %(Q: Dec. 2015 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (Q: Sep. 2015 ) + Earning Assets (Q: Dec. 2015 ))/ count )
=23.56/( (912.428 + 855.598)/ 2 )
=23.56/884.013
=2.67 %

where

Earning Assets(Q: Sep. 2015 )
=Money Market Investments + Net Loan + Securities & Investments
=22.867 + 0 + 889.561
=912.428

Earning Assets(Q: Dec. 2015 )
=Money Market Investments + Net Loan + Securities & Investments
=9.539 + 0 + 846.059
=855.598

* 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 (Dec. 2015) net interest income data. Net Interest Margin (Bank Only) % is displayed in the 30-year financial page for Banks.


JAVELIN Mortgage Investment  (NYSE:JMI) 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.


JAVELIN Mortgage Investment Net Interest Margin (Bank Only) % Related Terms

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JAVELIN Mortgage Investment (JAVELIN Mortgage Investment) Business Description

Traded in Other Exchanges
N/A
Address
JAVELIN Mortgage Investment Corp was incorporated on June 18, 2012. The Company invest in and manage a leveraged portfolio of residential mortgage backed securities and mortgage loans. It is managed by ARRM, pursuant to the Management Agreement. The Company competes with mortgage REITs, mortgage finance and specialty finance companies, savings and loan associations, banks, mortgage bankers, insurance companies, mutual funds, institutional investors, investment banking firms, other lenders, governmental bodies and other entities.
Executives
Daniel C Staton director, officer: Chairman of the Board HOLLAND & KNIGHT LLP, 701 BRICKELL AVENUE, SUITE 3300, MIAMI FL 33131
Stewart J Paperin director HOLLAND & KNIGHT LLP, 701 BRICKELL AVENUE, SUITE 3300, MIAMI FL 33131
John C Chrystal director C/O BANCORP, INC., 409 SILVERSIDE ROAD, SUITE 105, WILMINGTON DE 19809
Hollihan John P Iii director HOLLAND & KNIGHT LLP, 701 BRICKELL AVENUE, SUITE 3300, MIAMI FL 33131
Marc H Bell director 6800 BROKEN SOUND PARKWAY, SUITE 200, BOCA RATON FL 33487
Jeffrey J Zimmer director, officer: Co-CEO and President 3001 OCEAN DRIVE, SUITE 201, VERO BEACH FL 32963
Robert C Hain director HOLLAND & KNIGHT LLP, 701 BRICKELL AVENUE, SUITE 3300, MIAMI FL 33131
Scott Ulm director, officer: Co-CEO and CIO 3005 HAMMOCK WAY, VERO BEACH FL 32963
Thomas K Guba director 3001 OCEAN DRIVE, SUITE 201, VERO BEACH FL 32963
James R Mountain officer: Chief Financial Officer ARMOUR RESIDENTIAL REIT, INC., 3001 OCEAN DRIVE, SUITE 201, VERO BEACH FL 32963
Mark Gruber officer: Chief Operating Officer 3001 OCEAN DRIVE, SUITE 201, VERO BEACH FL 32963

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