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Musashino Bank (TSE:8336) Net Interest Margin (Bank Only) % : 1.11% (As of Sep. 2024)


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What is Musashino Bank 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. Musashino Bank's annualized Net Interest Income (for Banks) for the quarter that ended in Sep. 2024 was 円44,496 Mil. Musashino Bank's average earning assets for the quarter that ended in Sep. 2024 was 円4,024,665 Mil. Therefore, Musashino Bank's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Sep. 2024 was 1.11%.


Musashino Bank Net Interest Margin (Bank Only) % Historical Data

The historical data trend for Musashino Bank'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.

Musashino Bank Net Interest Margin (Bank Only) % Chart

Musashino Bank Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Net Interest Margin (Bank Only) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.03 1.04 1.02 1.02 1.08

Musashino Bank Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 1.08 1.06 1.13 1.11 1.14

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

For the Banks - Regional subindustry, Musashino Bank'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.


Musashino Bank's Net Interest Margin (Bank Only) % Distribution in the Banks Industry

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

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


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Musashino Bank 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).

Musashino Bank's annualized Net Interest Margin (Bank Only) % for the fiscal year that ended in Mar. 2024 is calculated as

Net Interest Margin (Bank Only) %(A: Mar. 2024 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (A: Mar. 2023 ) + Earning Assets (A: Mar. 2024 ))/ count )
=42311/( (3891586 + 3979412)/ 2 )
=42311/3935499
=1.08 %

where

Earning Assets(A: Mar. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=1489 + 3890097 + 0
=3891586

Earning Assets(A: Mar. 2024 )
=Money Market Investments + Net Loan + Securities & Investments
=1492 + 3977920 + 0
=3979412

Musashino Bank's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Sep. 2024 is calculated as

Net Interest Margin (Bank Only) %(Q: Sep. 2024 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (Q: Jun. 2024 ) + Earning Assets (Q: Sep. 2024 ))/ count )
=44496/( (0 + 4024665)/ 1 )
=44496/4024665
=1.11 %

where

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

Earning Assets(Q: Sep. 2024 )
=Money Market Investments + Net Loan + Securities & Investments
=1495 + 4023170 + 0
=4024665

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


Musashino Bank  (TSE:8336) 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.


Musashino Bank Net Interest Margin (Bank Only) % Related Terms

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Musashino Bank Business Description

Industry
Traded in Other Exchanges
N/A
Address
333-13, OLS Building, Sakuragi-cho 4-chome, Omiya-ku, Saitama, JPN, 330-0854
Musashino Bank Ltd provides banking products and financial services to its customers in Japan and internationally. The bank is headquartered in Japan and generates the majority of revenue domestically. There are three major segments of the bank's operations, with banking contributing the largest portion of revenue, followed by leasing and finally credit guarantee. Products and services include deposits, loans, investment securities, domestic and foreign exchange, leasing, credit cards, debt guarantee, Internet banking, and ATM services. The bank also develops and sells computer systems and provides management support for local companies.

Musashino Bank Headlines

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