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Thornburgome Builder Opportunities Trust (Thornburgome Builder Opportunities Trust) Net Interest Margin (Bank Only) % : 178.32% (As of Mar. 2024)


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What is Thornburgome Builder Opportunities Trust 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. Thornburgome Builder Opportunities Trust's annualized Net Interest Income (for Banks) for the quarter that ended in Mar. 2024 was $9.99 Mil. Thornburgome Builder Opportunities Trust's average earning assets for the quarter that ended in Mar. 2024 was $5.60 Mil. Therefore, Thornburgome Builder Opportunities Trust's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Mar. 2024 was 178.32%.


Thornburgome Builder Opportunities Trust Net Interest Margin (Bank Only) % Historical Data

The historical data trend for Thornburgome Builder Opportunities Trust'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.

Thornburgome Builder Opportunities Trust Net Interest Margin (Bank Only) % Chart

Thornburgome Builder Opportunities Trust Annual Data
Trend Sep21 Sep22 Sep23
Net Interest Margin (Bank Only) %
18.37 307.14 274.17

Thornburgome Builder Opportunities Trust Semi-Annual Data
Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
Net Interest Margin (Bank Only) % Get a 7-Day Free Trial 137.58 189.28 292.68 197.40 178.32

Competitive Comparison of Thornburgome Builder Opportunities Trust's Net Interest Margin (Bank Only) %

For the Asset Management subindustry, Thornburgome Builder Opportunities Trust'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.


Thornburgome Builder Opportunities Trust's Net Interest Margin (Bank Only) % Distribution in the Asset Management Industry

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

* The bar in red indicates where Thornburgome Builder Opportunities Trust's Net Interest Margin (Bank Only) % falls into.



Thornburgome Builder Opportunities Trust 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).

Thornburgome Builder Opportunities Trust's annualized Net Interest Margin (Bank Only) % for the fiscal year that ended in Sep. 2023 is calculated as

Net Interest Margin (Bank Only) %(A: Sep. 2023 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (A: Sep. 2022 ) + Earning Assets (A: Sep. 2023 ))/ count )
=9.034/( (1.23 + 5.36)/ 2 )
=9.034/3.295
=274.17 %

where

Earning Assets(A: Sep. 2022 )
=Money Market Investments + Net Loan + Securities & Investments
=1.23 + 0 + 0
=1.23

Earning Assets(A: Sep. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=5.36 + 0 + 0
=5.36

Thornburgome Builder Opportunities Trust's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Mar. 2024 is calculated as

Net Interest Margin (Bank Only) %(Q: Mar. 2024 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (Q: Sep. 2023 ) + Earning Assets (Q: Mar. 2024 ))/ count )
=9.986/( (5.36 + 5.84)/ 2 )
=9.986/5.6
=178.32 %

where

Earning Assets(Q: Sep. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=5.36 + 0 + 0
=5.36

Earning Assets(Q: Mar. 2024 )
=Money Market Investments + Net Loan + Securities & Investments
=5.84 + 0 + 0
=5.84

* 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. 2024) net interest income data. Net Interest Margin (Bank Only) % is displayed in the 30-year financial page for Banks.


Thornburgome Builder Opportunities Trust  (NAS:TBLD) 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.


Thornburgome Builder Opportunities Trust Net Interest Margin (Bank Only) % Related Terms

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Thornburgome Builder Opportunities Trust (Thornburgome Builder Opportunities Trust) Business Description

Traded in Other Exchanges
N/A
Address
2300 North Ridgetop Road, Santa Fe, NM, USA, 87506
Thornburg Income Builder Opportunities Trust is a diversified, closed-end management investment company. The Trust's investment objective is to provide current income. The Trust will seek to achieve its investment objective by investing, directly or indirectly, at least 80% of its Managed Assets.
Executives
Anne W. Kritzmire other: Trustee 2300 NORTH RIDGETOP ROAD, SANTA FE NM 87506
Jason H. Brady officer: President 2300 NORTH RIDGETOP ROAD, SANTA FE NM 87506
Benjamin D. Kirby other: Trustee 2300 NORTH RIDGETOP ROAD, SANTA FE NM 87506
Natasha Rippel officer: Secretary 2300 NORTH RIDGETOP ROAD, SANTA FE NM 87506
Jeff Klingelhofer officer: Vice President 2300 NORTH RIDGETOP ROAD, SANTA FE NM 87506
Randy Dry officer: Vice President 2300 NORTH RIDGETOP ROAD, SANTA FE NM 87506
John V. Hackett officer: Vice President 2300 NORTH RIDGETOP ROAD, SANTA FE NM 87506
Nimish S Bhatt other: Trustee and Chair of the Board 2020 CALAMOS COURT, NAPERVILLE IL 60563
Stephen Velie officer: Chief Compliance Officer C/O LEV & BERLIN PC, 535 CONNECTICUT AVENUE, NORWALK CT 06854
Brian W. Wixted other: Trustee 6803 SOUTH TUCSON WAY, CENTENNIAL CO 80112
Dina A. Tantra other: Trustee 2300 NORTH RIDGETOP ROAD, SANTA FE NM 87506
Curtis Holloway officer: Treasurer and CFO 2300 NORTH RIDGETOP ROAD, SANTA FE NM 87506
Vilayphone Lithiluxa officer: Assistant Treasurer 2300 NORTH RIDGETOP ROAD, SANTA FE NM 87506

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