NRSCF (Nomura Holdings) Net Interest Margin (Bank Only) %: 0.18% (As of Mar. 2026)


NRSCF Nomura Holdings Inc NRSCF
65 GF Score
Price $8.80
GF Value $7.18
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Nomura Holdings Net Interest Margin (Bank Only) %?

Nomura Holdings NRSCF 65 Net Interest Margin (Bank Only) % is 0.18% as of Mar. 2026. GuruFocus rates NRSCF with a GF Score™ of 65/100 and a GF Value™ of $7.18 (Modestly Overvalued). The stock has 6 warning signs investors should review.

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. Nomura Holdings's annualized Net Interest Income (for Banks) for the quarter that ended in Mar. 2026 was $484 Mil. Nomura Holdings's average earning assets for the quarter that ended in Mar. 2026 was $269,299 Mil. Therefore, Nomura Holdings's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Mar. 2026 was 0.18%.


Nomura Holdings  (OTCPK:NRSCF) 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.


Nomura Holdings Net Interest Margin (Bank Only) % Related Terms


Nomura Holdings Net Interest Margin (Bank Only) % Historical Data

* Premium members only.

The historical data trend for Nomura Holdings'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.

Nomura Holdings Net Interest Margin (Bank Only) % Chart

Nomura Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Net Interest Margin (Bank Only) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.20 -0.12 0.07 0.24 0.21

Nomura Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.04 0.17 0.07 0.34 0.18

NRSCF vs MS, GS, SCHW: Net Interest Margin (Bank Only) % Comparison

For the Capital Markets subindustry, Nomura Holdings'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.


Nomura Holdings Net Interest Margin (Bank Only) % vs Capital Markets Industry

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

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


NRSCF
65GF Score
Nomura Holdings Inc NRSCF
Net Interest Margin (Bank Only) % is just one metric. See GF Score™, valuation, warning signs, and more.
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Nomura Holdings 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).

Nomura Holdings's annualized Net Interest Margin (Bank Only) % for the fiscal year that ended in Mar. 2026 is calculated as

Net Interest Margin (Bank Only) %(A: Mar. 2026 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (A: Mar. 2025 ) + Earning Assets (A: Mar. 2026 ))/ count )
=497.011/( (232256.698 + 236012.937)/ 2 )
=497.011/234134.8175
=0.21 %

where

Earning Assets(A: Mar. 2025 )
=Money Market Investments + Net Loan + Securities & Investments
=93955.337 + 40403.602 + 97897.759
=232256.698

Earning Assets(A: Mar. 2026 )
=Money Market Investments + Net Loan + Securities & Investments
=83249.378 + 48791.878 + 103971.681
=236012.937

Nomura Holdings's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Mar. 2026 is calculated as

Net Interest Margin (Bank Only) %(Q: Mar. 2026 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (Q: Dec. 2025 ) + Earning Assets (Q: Mar. 2026 ))/ count )
=484.084/( (302585.306 + 236012.937)/ 2 )
=484.084/269299.1215
=0.18 %

where

Earning Assets(Q: Dec. 2025 )
=Money Market Investments + Net Loan + Securities & Investments
=89449.892 + 44130.443 + 169004.971
=302585.306

Earning Assets(Q: Mar. 2026 )
=Money Market Investments + Net Loan + Securities & Investments
=83249.378 + 48791.878 + 103971.681
=236012.937

* 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 (Mar. 2026) 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 0.18% mean?
Nomura Holdings (NRSCF) has a Net Interest Margin (Bank Only) % of 0.18% as of Mar. 2026. Net interest margin is the ratio of a bank's net interest income to its average two-period earning assets. View historical data on Nomura Holdings and its competitors.
Is Nomura Holdings' Net Interest Margin (Bank Only) % too high?
Nomura Holdings' current Net Interest Margin (Bank Only) % is 0.18%. Overall, Nomura Holdings has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nomura Holdings' Net Interest Margin (Bank Only) % compare to MS and GS?
Nomura Holdings' Net Interest Margin (Bank Only) % of 0.18% can be compared against companies in the Capital Markets 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 a Capital Markets company?
A good Net Interest Margin (Bank Only) % depends on the Capital Markets 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 Nomura Holdings and its competitors. Nomura Holdings's current Net Interest Margin (Bank Only) % is 0.18%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nomura Holdings stock overvalued right now?
Based on GuruFocus' analysis, Nomura Holdings (NRSCF) is currently considered Modestly Overvalued. The stock's GF Value™ is $7.18, compared to a current price of $8.80 — trading 22.6% above its estimated fair value. The current Net Interest Margin (Bank Only) % is 0.18%. Nomura Holdings' overall GF Score™ is 65/100 with 6 warning signs to review. 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 Nomura Holdings (NRSCF), the current Net Interest Margin (Bank Only) % is 0.18% as of Mar. 2026. 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.

Is Nomura Holdings (NRSCF) Overvalued in 2026?

Based on GuruFocus' analysis, Nomura Holdings stock appears to be overvalued. The current stock price of $8.80 is trading 22.6% above its estimated GF Value™ of $7.18. GuruFocus considers Nomura Holdings to be Modestly Overvalued.

Key valuation signals for NRSCF:

  • Net Interest Margin (Bank Only) %: 0.18%
  • GF Value™: $7.18 vs. price of $8.80 (22.6% above fair value)
  • GF Score™: 65/100 with 6 warning signs

No single metric tells the full story. See the NRSCF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nomura Holdings Business Description

Address 13-1, Nihonbashi 1-chome, Chuo-Ku, Tokyo, JPN, 103-8645
Nomura Holdings Inc is a financial services group in Japan and operates offices in countries and regions world-wide, including Japan, the U.S., the U.K., Singapore, and the Hong Kong Special Administrative Region ("Hong Kong") through its subsidiaries. The company's clients include individuals, corporations, financial institutions, governments, and governmental agencies. The company's business consists of Wealth Management*, Investment Management, and Wholesale. The company generates the majority of its revenue from the wholesale segment. The Wholesale Division consists of two businesses, Global Markets, which is mainly engaged in the trading, sales, and structuring of financial products, and Investment Banking, which is engaged in advisory, financing, and solutions businesses.
65GF Score

Get the complete analysis for NRSCF

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

$8.80
Price
$7.18
GF Value