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CIBC Caribbean Bank (Bahamas) (TRN:FCI) Net Interest Margin (Bank Only) % : 4.47% (As of Apr. 2020)


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What is CIBC Caribbean Bank (Bahamas) 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. CIBC Caribbean Bank (Bahamas)'s annualized Net Interest Income (for Banks) for the quarter that ended in Apr. 2020 was TTD2,726 Mil. CIBC Caribbean Bank (Bahamas)'s average earning assets for the quarter that ended in Apr. 2020 was TTD60,942 Mil. Therefore, CIBC Caribbean Bank (Bahamas)'s annualized Net Interest Margin (Bank Only) % for the quarter that ended in Apr. 2020 was 4.47%.


CIBC Caribbean Bank (Bahamas) Net Interest Margin (Bank Only) % Historical Data

The historical data trend for CIBC Caribbean Bank (Bahamas)'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.

CIBC Caribbean Bank (Bahamas) Net Interest Margin (Bank Only) % Chart

CIBC Caribbean Bank (Bahamas) Annual Data
Trend Oct11 Oct12 Oct13 Oct14 Oct15 Oct16 Oct17 Oct18 Oct19
Net Interest Margin (Bank Only) %
Get a 7-Day Free Trial Premium Member Only 4.35 4.44 4.45 4.85 5.04

CIBC Caribbean Bank (Bahamas) Quarterly Data
Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20
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 5.09 5.07 4.97 4.78 4.47

Competitive Comparison of CIBC Caribbean Bank (Bahamas)'s Net Interest Margin (Bank Only) %

For the Banks - Regional subindustry, CIBC Caribbean Bank (Bahamas)'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.


CIBC Caribbean Bank (Bahamas)'s Net Interest Margin (Bank Only) % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, CIBC Caribbean Bank (Bahamas)'s Net Interest Margin (Bank Only) % distribution charts can be found below:

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



CIBC Caribbean Bank (Bahamas) 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).

CIBC Caribbean Bank (Bahamas)'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 )
=2892.927/( (55889.682 + 58845.962)/ 2 )
=2892.927/57367.822
=5.04 %

where

Earning Assets(A: Oct. 2018 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 39802.236 + 16087.446
=55889.682

Earning Assets(A: Oct. 2019 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 41525.386 + 17320.576
=58845.962

CIBC Caribbean Bank (Bahamas)'s annualized Net Interest Margin (Bank Only) % for the quarter that ended in Apr. 2020 is calculated as

Net Interest Margin (Bank Only) %(Q: Apr. 2020 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (Q: Jan. 2020 ) + Earning Assets (Q: Apr. 2020 ))/ count )
=2725.54/( (60895.598 + 60988.173)/ 2 )
=2725.54/60941.8855
=4.47 %

where

Earning Assets(Q: Jan. 2020 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 42365.186 + 18530.412
=60895.598

Earning Assets(Q: Apr. 2020 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 42382.666 + 18605.507
=60988.173

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


CIBC Caribbean Bank (Bahamas)  (TRN:FCI) 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.


CIBC Caribbean Bank (Bahamas) Net Interest Margin (Bank Only) % Related Terms

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CIBC Caribbean Bank (Bahamas) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Warrens, St. Michael, P.O. Box 503, Michael, BRB
FirstCaribbean International Bank Ltd banking services to individual and business clients. The company operates through four segments namely Retail and Business Banking, Corporate and Investment Banking, Wealth Management and Administration. The geographic markets in which the group operates are Barbados, The Bahamas, British Virgin Islands, The Cayman Islands and Turks and Caicos Islands, and The Eastern Caribbean Islands.

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