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Banque Cantonale Vaudoise (XSWX:BCVN) Net Interest Margin (Bank Only) % : 1.64% (As of Dec. 2023)


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What is Banque Cantonale Vaudoise 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. Banque Cantonale Vaudoise's annualized Net Interest Income (for Banks) for the quarter that ended in Dec. 2023 was CHF617 Mil. Banque Cantonale Vaudoise's average earning assets for the quarter that ended in Dec. 2023 was CHF37,584 Mil. Therefore, Banque Cantonale Vaudoise's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Dec. 2023 was 1.64%.


Banque Cantonale Vaudoise Net Interest Margin (Bank Only) % Historical Data

The historical data trend for Banque Cantonale Vaudoise'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.

Banque Cantonale Vaudoise Net Interest Margin (Bank Only) % Chart

Banque Cantonale Vaudoise 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 1.53 1.41 1.35 1.27 1.60

Banque Cantonale Vaudoise Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.34 1.30 1.23 1.56 1.64

Competitive Comparison of Banque Cantonale Vaudoise's Net Interest Margin (Bank Only) %

For the Banks - Regional subindustry, Banque Cantonale Vaudoise'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.


Banque Cantonale Vaudoise's Net Interest Margin (Bank Only) % Distribution in the Banks Industry

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

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



Banque Cantonale Vaudoise 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).

Banque Cantonale Vaudoise'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 )
=596.7/( (36705 + 37908)/ 2 )
=596.7/37306.5
=1.60 %

where

Earning Assets(A: Dec. 2022 )
=Money Market Investments + Net Loan + Securities & Investments
=79 + 36626 + 0
=36705

Earning Assets(A: Dec. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 37908 + 0
=37908

Banque Cantonale Vaudoise'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: Jun. 2023 ) + Earning Assets (Q: Dec. 2023 ))/ count )
=617.4/( (37259 + 37908)/ 2 )
=617.4/37583.5
=1.64 %

where

Earning Assets(Q: Jun. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=1 + 37258 + 0
=37259

Earning Assets(Q: Dec. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 37908 + 0
=37908

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


Banque Cantonale Vaudoise  (XSWX:BCVN) 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.


Banque Cantonale Vaudoise Net Interest Margin (Bank Only) % Related Terms

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Banque Cantonale Vaudoise (XSWX:BCVN) Business Description

Traded in Other Exchanges
Address
Place Saint-Francois 14, Lausanne, CHE, 1003
Banque Cantonale Vaudoise is a universal cantonal, or Swiss government-owned bank. The Canton of Vaud, where the bank primarily operates, is BCV's majority shareholder and holds over two-thirds of the bank's outstanding shares. The bank's core businesses include retail banking, private banking, corporate banking, and asset management and trading. BCV's strategy emphasizes its local presence, with a focus on niche banking activities in the region offering potential growth and profitability as well as customer service. BCV's customer loan portfolio is heavily exposed toward the real estate and construction industry, at just under half of the overall loan portfolio. A majority of the bank's net revenue is net interest income, but it also generates substantial net fee and commission income.

Banque Cantonale Vaudoise (XSWX:BCVN) Headlines

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