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Trust Bank (XGHA:TBL) Net Interest Margin (Bank Only) % : 16.17% (As of Dec. 2023)


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What is Trust 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. Trust Bank's annualized Net Interest Income (for Banks) for the quarter that ended in Dec. 2023 was GHS131.9 Mil. Trust Bank's average earning assets for the quarter that ended in Dec. 2023 was GHS815.5 Mil. Therefore, Trust Bank's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Dec. 2023 was 16.17%.


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

The historical data trend for Trust 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.

Trust Bank Net Interest Margin (Bank Only) % Chart

Trust Bank Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Interest Margin (Bank Only) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.37 26.52 22.87 18.13 16.17

Trust Bank Semi-Annual Data
Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
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 27.37 26.52 22.87 18.13 16.17

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

For the Banks - Regional subindustry, Trust 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.


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

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

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


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Trust 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).

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

Net Interest Margin (Bank Only) %(A: Dec. 2023 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (A: Dec. 2022 ) + Earning Assets (A: Dec. 2023 ))/ count )
=131.906/( (834.492 + 796.57)/ 2 )
=131.906/815.531
=16.17 %

where

Earning Assets(A: Dec. 2022 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 834.492 + 0
=834.492

Earning Assets(A: Dec. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 796.57 + 0
=796.57

Trust Bank's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Dec. 2023 is calculated as

Net Interest Margin (Bank Only) %(Q: Dec. 2023 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (Q: Dec. 2022 ) + Earning Assets (Q: Dec. 2023 ))/ count )
=131.906/( (834.492 + 796.57)/ 2 )
=131.906/815.531
=16.17 %

where

Earning Assets(Q: Dec. 2022 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 834.492 + 0
=834.492

Earning Assets(Q: Dec. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 796.57 + 0
=796.57

* 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 one times the annual (Dec. 2023) net interest income data. Net Interest Margin (Bank Only) % is displayed in the 30-year financial page for Banks.


Trust Bank  (XGHA:TBL) 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.


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

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Trust Bank Business Description

Industry
Traded in Other Exchanges
N/A
Address
3-4 Ecowas Avenue, P.O. Box 1018, Banjul, GMB
Trust Bank Ltd is engaged in providing commercial banking services. Its activities include receiving deposits, provision of loans, a system of payments and clearing, dealing in financial instruments of the money market, foreign currencies exchange services, providing banking information, performing mortgage activities and others. The company's only reportable segment is the provision of banking and related services.

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