GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Attijariwafa Bank SA (CAS:ATW) » Definitions » Net Interest Margin (Bank Only) %

Attijariwafa Bank (CAS:ATW) Net Interest Margin (Bank Only) % : 4.74% (As of Mar. 2024)


View and export this data going back to 1943. Start your Free Trial

What is Attijariwafa 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. Attijariwafa Bank's annualized Net Interest Income (for Banks) for the quarter that ended in Mar. 2024 was MAD19,949 Mil. Attijariwafa Bank's average earning assets for the quarter that ended in Mar. 2024 was MAD420,925 Mil. Therefore, Attijariwafa Bank's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Mar. 2024 was 4.74%.


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

The historical data trend for Attijariwafa 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.

Attijariwafa Bank Net Interest Margin (Bank Only) % Chart

Attijariwafa Bank Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Net Interest Margin (Bank Only) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.66 5.01 5.66 5.91 6.18

Attijariwafa Bank Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24
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 6.10 5.13 5.50 5.18 4.74

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

For the Banks - Regional subindustry, Attijariwafa 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.


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

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

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



Attijariwafa 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).

Attijariwafa Bank's annualized Net Interest Margin (Bank Only) % for the fiscal year that ended in Dec. 2022 is calculated as

Net Interest Margin (Bank Only) %(A: Dec. 2022 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (A: Dec. 2021 ) + Earning Assets (A: Dec. 2022 ))/ count )
=17350.03/( (270890.242 + 291042.749)/ 2 )
=17350.03/280966.4955
=6.18 %

where

Earning Assets(A: Dec. 2021 )
=Money Market Investments + Net Loan + Securities & Investments
=4632.055 + 266258.187 + 0
=270890.242

Earning Assets(A: Dec. 2022 )
=Money Market Investments + Net Loan + Securities & Investments
=5873.193 + 285169.556 + 0
=291042.749

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

Net Interest Margin (Bank Only) %(Q: Mar. 2024 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (Q: Sep. 2023 ) + Earning Assets (Q: Mar. 2024 ))/ count )
=19948.6/( (413961.832 + 427888.749)/ 2 )
=19948.6/420925.2905
=4.74 %

where

Earning Assets(Q: Sep. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 413961.832 + 0
=413961.832

Earning Assets(Q: Mar. 2024 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 427888.749 + 0
=427888.749

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


Attijariwafa Bank  (CAS:ATW) 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.


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

Thank you for viewing the detailed overview of Attijariwafa Bank's Net Interest Margin (Bank Only) % provided by GuruFocus.com. Please click on the following links to see related term pages.


Attijariwafa Bank (CAS:ATW) Business Description

Industry
Traded in Other Exchanges
N/A
Address
2, Boulevard Moulay Youssef, PO Box No. 20000, Casablanca, MAR
Attijariwafa Bank SA is a financial and banking group. It is engaged in the provision of banking and insurance products and services. The company's banking activities include personal and professional banking, corporate banking, investment banking and international banking.

Attijariwafa Bank (CAS:ATW) Headlines

From GuruFocus

Atwood Oceanics – Value Hidden in Plain Sight

By Dhandoisms Dhandoisms 10-13-2015

Is Atwood Oceanics Worth Considering After 3rd Quarter?

By Faisal Humayun Faisal Humayun 08-15-2016

Atwood Oceanics Discounting 2016 Concerns

By Faisal Humayun Faisal Humayun 08-05-2015

Strong Results To Take Atwood Oceanics Higher

By Faisal Humayun Faisal Humayun 02-09-2015

Atwood Oceanics: Worth Accumulating After Results

By Faisal Humayun Faisal Humayun 05-05-2015

Bruce Berkowitz Comments on Atwood

By Holly LaFon Holly LaFon 08-02-2016

Arnold Van Den Berg Sells Coca-Cola, DaVita

By Tiziano Frateschi Tiziano Frateschi 07-20-2016

Atwood Oceanics: Strong Growth Outlook To Trigger Upside

By Faisal Humayun Faisal Humayun 06-16-2014

Atwood Oceanics: Simple, Well-Managed and Cheap

By Brian Flores, CFA brian_flores 02-26-2015

Atwood Is Well Positioned Among Offshore Drillers

By Subia Khan Value Investor 07-13-2015