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MCB Group (XMAU:MCBG.P0000.PFD) Net Interest Margin (Bank Only) % : 6.63% (As of Sep. 2024)


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What is MCB Group 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. MCB Group's annualized Net Interest Income (for Banks) for the quarter that ended in Sep. 2024 was MUR26,880.00 Mil. MCB Group's average earning assets for the quarter that ended in Sep. 2024 was MUR405,647.50 Mil. Therefore, MCB Group's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Sep. 2024 was 6.63%.


MCB Group Net Interest Margin (Bank Only) % Historical Data

The historical data trend for MCB Group'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.

MCB Group Net Interest Margin (Bank Only) % Chart

MCB Group Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Net Interest Margin (Bank Only) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.70 5.13 4.59 5.56 6.22

MCB Group Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 5.96 6.33 6.62 6.46 6.63

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

For the Banks - Regional subindustry, MCB Group'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.


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

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

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



MCB Group 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).

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

Net Interest Margin (Bank Only) %(A: Jun. 2024 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (A: Jun. 2023 ) + Earning Assets (A: Jun. 2024 ))/ count )
=24239/( (363065 + 415764)/ 2 )
=24239/389414.5
=6.22 %

where

Earning Assets(A: Jun. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 363065 + 0
=363065

Earning Assets(A: Jun. 2024 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 415764 + 0
=415764

MCB Group'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 )
=26880/( (415764 + 395531)/ 2 )
=26880/405647.5
=6.63 %

where

Earning Assets(Q: Jun. 2024 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 415764 + 0
=415764

Earning Assets(Q: Sep. 2024 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 395531 + 0
=395531

* 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.


MCB Group  (XMAU:MCBG.P0000.PFD) 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.


MCB Group Net Interest Margin (Bank Only) % Related Terms

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MCB Group Business Description

Industry
Comparable Companies
Traded in Other Exchanges
Address
9-15, Sir William Newton Street, Port Louis, MUS
MCB Group Ltd is an integrated financial services provider based in Mauritius. Its core business is to provide banking and non-banking solutions through its local and foreign subsidiaries and associates. The company serves its customer by providing saving and fixed deposit schemes, loans, advances, insurance, credit facilities for the day-to-day needs of various customer segments, including high net worth clients. It also focuses on catering to customers across the globe by providing international financial services to gain foreign source income. The company's operating segment include Banking; Non-Banking Financial and Other Investments. It generates maximum revenue from the Banking segment.

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