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San-in Godo Bank (TSE:8381) Net Interest Margin (Bank Only) % : 1.67% (As of Sep. 2024)


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What is San-in Godo 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. San-in Godo Bank's annualized Net Interest Income (for Banks) for the quarter that ended in Sep. 2024 was 円80,864 Mil. San-in Godo Bank's average earning assets for the quarter that ended in Sep. 2024 was 円4,835,170 Mil. Therefore, San-in Godo Bank's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Sep. 2024 was 1.67%.


San-in Godo Bank Net Interest Margin (Bank Only) % Historical Data

The historical data trend for San-in Godo 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.

San-in Godo Bank Net Interest Margin (Bank Only) % Chart

San-in Godo 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 1.70 1.61 1.57 1.51 1.55

San-in Godo 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 1.61 1.71 1.44 1.67 1.40

Competitive Comparison of San-in Godo Bank's Net Interest Margin (Bank Only) %

For the Banks - Regional subindustry, San-in Godo 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.


San-in Godo Bank's Net Interest Margin (Bank Only) % Distribution in the Banks Industry

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

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


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San-in Godo 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).

San-in Godo 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 )
=69569/( (4290291 + 4709641)/ 2 )
=69569/4499966
=1.55 %

where

Earning Assets(A: Mar. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=4988 + 4285303 + 0
=4290291

Earning Assets(A: Mar. 2024 )
=Money Market Investments + Net Loan + Securities & Investments
=4993 + 4704648 + 0
=4709641

San-in Godo 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 )
=80864/( (0 + 4835170)/ 1 )
=80864/4835170
=1.67 %

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
=5009 + 4830161 + 0
=4835170

* 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.


San-in Godo Bank  (TSE:8381) 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.


San-in Godo Bank Net Interest Margin (Bank Only) % Related Terms

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San-in Godo Bank Business Description

Industry
Traded in Other Exchanges
N/A
Address
10 Uomachi, Matsue, Shimane, JPN, 6900062
San-in Godo Bank Ltd is a Japanese bank group that operates in the San-in region of western Honshu. It also has a presence in the neighboring Sanyo region and the Hyogo prefecture. The group has two reportable service segments: banking and leasing. Banking constitutes a majority of the group's activities and consists of a deposit, loan, securities investment, and exchange business. The group also engages in a credit guarantee business. Loans and bills discounted and securities constitute a majority of the bank's earning assets.

San-in Godo Bank Headlines

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