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RMPLP.PFD (RiverNorth Capital andome Fund) Net Interest Margin (Bank Only) % : N/A% (As of Dec. 2024)


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What is RiverNorth Capital andome Fund 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. RiverNorth Capital andome Fund's annualized Net Interest Income (for Banks) for the quarter that ended in Dec. 2024 was $10.38 Mil. RiverNorth Capital andome Fund's average earning assets for the quarter that ended in Dec. 2024 was $0.00 Mil. Therefore, RiverNorth Capital andome Fund's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Dec. 2024 was N/A%.


RiverNorth Capital andome Fund Net Interest Margin (Bank Only) % Historical Data

The historical data trend for RiverNorth Capital andome 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.

* Premium members only.

RiverNorth Capital andome Fund Net Interest Margin (Bank Only) % Chart

RiverNorth Capital andome Fund Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Net Interest Margin (Bank Only) %
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RiverNorth Capital andome Fund Semi-Annual Data
Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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Competitive Comparison of RiverNorth Capital andome Fund's Net Interest Margin (Bank Only) %

For the Asset Management subindustry, RiverNorth Capital andome 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.


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

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

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


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RiverNorth Capital andome 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).

RiverNorth Capital andome Fund's annualized Net Interest Margin (Bank Only) % for the fiscal year that ended in Jun. 2024 is calculated as

Net Interest Margin (Bank Only) %(A: Jun. 2024 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (A: Jun. 2023 ) + Earning Assets (A: Jun. 2024 ))/ count )
=9.843/( (0 + 0)/ 1 )
=9.843/0
=N/A %

where

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

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

RiverNorth Capital andome Fund's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Dec. 2024 is calculated as

Net Interest Margin (Bank Only) %(Q: Dec. 2024 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (Q: Jun. 2024 ) + Earning Assets (Q: Dec. 2024 ))/ count )
=10.38/( (0 + 0)/ 1 )
=10.38/0
=N/A %

where

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

Earning Assets(Q: Dec. 2024 )
=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 (Dec. 2024) net interest income data. Net Interest Margin (Bank Only) % is displayed in the 30-year financial page for Banks.


RiverNorth Capital andome Fund  (NYSE:RMPLp.PFD) 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.


RiverNorth Capital andome Fund Net Interest Margin (Bank Only) % Related Terms

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RiverNorth Capital andome Fund Business Description

Traded in Other Exchanges
Address
360 South Rosemary Avenue, Suite 1420, West Palm Beach, FL, USA, 33401
RiverNorth Capital and Income Fund is a diversified, closed-end management investment company. Its investment objective is to seek a high level of current income by investing in credit instruments, including a portfolio of securities of specialty finance and other financial companies.
Executives
Patrick W. Galley director, officer: PRESIDENT 360 S. ROSEMARY AVE, SUITE 1420, WEST PALM BEACH FL 33401
Lisa Bruckert Mougin director C/O RIVERNORTH CAPITAL MANAGEMENT, LLC, 360 S. ROSEMARY AVE., SUITE 1420, WEST PALM BEACH FL 33401
Janae Stanton other: Portfolio Manager 360 S. ROSEMARY AVE., SUITE 1420, WEST PALM BEACH FL 33401
John Wayne Hutchens director 360 S. ROSEMARY AVE, SUITE 1420, WEST PALM BEACH FL 33401
David Swanson director 325 N. LASALLE ST., SUITE 645, CHICAGO IL 60654
Jerry Raio director 360 S. ROSEMARY AVE, SUITE 1420, WEST PALM BEACH FL 33401
Rivernorth Capital Management, Llc other: Investment Adviser 360 S. ROSEMARY AVE, SUITE 1420, WEST PALM BEACH FL 33401
Brian H Schmucker other: OFFICER OF THE INVEST. ADVISER 325 NORTH LASALLE STREET, SUITE 645, CHICAGO IL 60654
Bartow Philip K Iii other: PORTFOLIO MANAGER 325 NORTH LASALLE ST., SUITE 645, CHICAGO IL 60654
John S. Oakes director 325 N. LASALLE STREET, SUITE 645, CHICAGO IL 60654
John K Carter director 433 W. VAN BUREN STREET, SUITE 1150-E, CHICAGO IL 60607
Jonathan M. Mohrhardt officer: CFO and Treasurer 325 N. LASALLE STREET, SUITE 645, CHICAGO IL 60654
Marcus L Collins officer: CCO and Secretary 325 N. LASALLE STREET, SUITE 645, CHICAGO IL 60654
Fred G Steingraber director 325 N. LASALLE STREET, SUITE 645, CHICAGO IL 60654
James G. Kelley director 325 N. LASALLE STREET, SUITE 645, CHICAGO IL 60654