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MVC Capital (MVC Capital) Net Interest Margin (Bank Only) % : 294.97% (As of Jul. 2020)


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What is MVC Capital 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. MVC Capital's annualized Net Interest Income (for Banks) for the quarter that ended in Jul. 2020 was $14.88 Mil. MVC Capital's average earning assets for the quarter that ended in Jul. 2020 was $5.04 Mil. Therefore, MVC Capital's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Jul. 2020 was 294.97%.


MVC Capital Net Interest Margin (Bank Only) % Historical Data

The historical data trend for MVC Capital'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.

MVC Capital Net Interest Margin (Bank Only) % Chart

MVC Capital Annual Data
Trend Oct10 Oct11 Oct12 Oct13 Oct14 Oct15 Oct16 Oct17 Oct18 Oct19
Net Interest Margin (Bank Only) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 143.57 107.24 78.04 163.27 332.07

MVC Capital Quarterly Data
Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20
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 375.30 435.49 418.85 424.54 294.97

Competitive Comparison of MVC Capital's Net Interest Margin (Bank Only) %

For the Asset Management subindustry, MVC Capital'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.


MVC Capital's Net Interest Margin (Bank Only) % Distribution in the Asset Management Industry

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

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



MVC Capital 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).

MVC Capital's annualized Net Interest Margin (Bank Only) % for the fiscal year that ended in Oct. 2019 is calculated as

Net Interest Margin (Bank Only) %(A: Oct. 2019 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (A: Oct. 2018 ) + Earning Assets (A: Oct. 2019 ))/ count )
=17.118/( (5.301 + 5.009)/ 2 )
=17.118/5.155
=332.07 %

where

Earning Assets(A: Oct. 2018 )
=Money Market Investments + Net Loan + Securities & Investments
=5.301 + 0 + 0
=5.301

Earning Assets(A: Oct. 2019 )
=Money Market Investments + Net Loan + Securities & Investments
=5.009 + 0 + 0
=5.009

MVC Capital's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Jul. 2020 is calculated as

Net Interest Margin (Bank Only) %(Q: Jul. 2020 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (Q: Apr. 2020 ) + Earning Assets (Q: Jul. 2020 ))/ count )
=14.88/( (5.044 + 5.045)/ 2 )
=14.88/5.0445
=294.97 %

where

Earning Assets(Q: Apr. 2020 )
=Money Market Investments + Net Loan + Securities & Investments
=5.044 + 0 + 0
=5.044

Earning Assets(Q: Jul. 2020 )
=Money Market Investments + Net Loan + Securities & Investments
=5.045 + 0 + 0
=5.045

* 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 (Jul. 2020) net interest income data. Net Interest Margin (Bank Only) % is displayed in the 30-year financial page for Banks.


MVC Capital  (NYSE:MVC) 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.


MVC Capital Net Interest Margin (Bank Only) % Related Terms

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MVC Capital (MVC Capital) Business Description

Traded in Other Exchanges
N/A
Address
287 Bowman Avenue, 2nd Floor, Purchase, NY, USA, 10577
MVC Capital, Inc. is a non-diversified closed-end management investment company. It provides equity and debt investment capital to fund growth, acquisitions, and recapitalizations of small and middle-market companies in a variety of industries located in the United States. The company's investment objective is to seek to maximize total return from capital appreciation and/or income. Its operating segment includes MVC Cayman and MVC Turf. The company generates maximum revenue from the MVC Cayman segment. It has investments in various sectors, including energy, specialty chemicals, automotive dealerships, electrical engineering, medical devices, industrial manufacturing, financial services, and information technology.
Executives
Ron Jonathan Avni director 4015 SPEEDWAY APT. 9 AUSTIN TX 78751
John D. Chapman director 1O LIBERTY STREET,#45A NEW YORK NY 1OOO5
Arthur D Lipson director C/O WESTERN INVESTMENT LLC, POB 71869, SALT LAKE CITY UT 84171
Gerald Hellerman director 5431 NW 21ST AVE., BOCA RATON FL 33496
Michael T Tokarz director, officer: Chairman 287 BOWMAN AVENUE, SUITE 331, PURCHASE NY 10577
Phillip Goldstein director 60 HERITAGE DRIVE, PLEASANTVILLE NY 10570
Douglas Kass director C/O EMPIRE RESOURCES, INC., ONE PARKER PLAZA, FORT LEE NJ 07024
Scott D Krase director 287 BOWMAN AVENUE 2ND FLOOR PURCHASE NY 10577
Warren Holtsberg director 287 BOWMAN AVENUE 2ND FLOOR PURCHASE NY 10577
Emilia Dominianni director C/O MEVC DRAPER FRISHER SURVETSON FUND 3000 SANDHILL ROAD MENLO PARK CA 94025
Robert C Knapp director C/O IRONSIDES PARTNERS LLC, 100 SUMMER STREET, SUITE 2705, BOSTON MA 02110
Kevin M. Byrne officer: Chief Compliance Officer 287 BOWMAN AVENUE PURCHASE NY 10577-2568
Bruce W Shewmaker officer: Managing Director 12 BRIAR WOOD DRIVE, SHORT HILLS NJ 07078
Scott Schuenke officer: CFO and CCO 10801 MASTIN BLVD, OLVERLAND PARK KS 66210
Peter Faust Seidenberg officer: Chief Financial Officer C/O MVC CAPITAL INC. 287 BOWMAN AVENUE 2ND FLOOR NEW YORK NY 10577