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Charter Court Financial Services Group (CHIX:CCFSL) Net Interest Margin (Bank Only) % : 2.99% (As of Jun. 2019)


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What is Charter Court Financial Services 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. Charter Court Financial Services Group's annualized Net Interest Income (for Banks) for the quarter that ended in Jun. 2019 was £206.2 Mil. Charter Court Financial Services Group's average earning assets for the quarter that ended in Jun. 2019 was £6,890.8 Mil. Therefore, Charter Court Financial Services Group's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Jun. 2019 was 2.99%.


Charter Court Financial Services Group Net Interest Margin (Bank Only) % Historical Data

The historical data trend for Charter Court Financial Services 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.

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Charter Court Financial Services Group Net Interest Margin (Bank Only) % Chart

Charter Court Financial Services Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18
Net Interest Margin (Bank Only) %
1.74 3.26 3.04 3.19 3.07

Charter Court Financial Services Group Semi-Annual Data
Dec14 Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19
Net Interest Margin (Bank Only) % Get a 7-Day Free Trial 3.46 2.99 3.14 3.20 2.99

Competitive Comparison of Charter Court Financial Services Group's Net Interest Margin (Bank Only) %

For the Mortgage Finance subindustry, Charter Court Financial Services 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.


Charter Court Financial Services Group's Net Interest Margin (Bank Only) % Distribution in the Banks Industry

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

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



Charter Court Financial Services 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).

Charter Court Financial Services Group's annualized Net Interest Margin (Bank Only) % for the fiscal year that ended in Dec. 2018 is calculated as

Net Interest Margin (Bank Only) %(A: Dec. 2018 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (A: Dec. 2017 ) + Earning Assets (A: Dec. 2018 ))/ count )
=186.8/( (5444.1 + 6734.7)/ 2 )
=186.8/6089.4
=3.07 %

where

Earning Assets(A: Dec. 2017 )
=Money Market Investments + Net Loan + Securities & Investments
=79.9 + 5364.2 + 0
=5444.1

Earning Assets(A: Dec. 2018 )
=Money Market Investments + Net Loan + Securities & Investments
=73.2 + 6661.5 + 0
=6734.7

Charter Court Financial Services Group's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Jun. 2019 is calculated as

Net Interest Margin (Bank Only) %(Q: Jun. 2019 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (Q: Dec. 2018 ) + Earning Assets (Q: Jun. 2019 ))/ count )
=206.2/( (6734.7 + 7046.9)/ 2 )
=206.2/6890.8
=2.99 %

where

Earning Assets(Q: Dec. 2018 )
=Money Market Investments + Net Loan + Securities & Investments
=73.2 + 6661.5 + 0
=6734.7

Earning Assets(Q: Jun. 2019 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 7046.9 + 0
=7046.9

* 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 (Jun. 2019) net interest income data. Net Interest Margin (Bank Only) % is displayed in the 30-year financial page for Banks.


Charter Court Financial Services Group  (CHIX:CCFSL) 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.


Charter Court Financial Services Group Net Interest Margin (Bank Only) % Related Terms

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Charter Court Financial Services Group (CHIX:CCFSL) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
2 Charter Court, Broadlands, Wolverhampton, GBR, WV10 6TD
Charter Court Financial Services Group PLC provides financial services in mortgage loans, online retail savings, and mortgage administration. The group operates through following segments: The Buy to let Lending segment engages in the long-term first charge loans to landlords. The Residential Lending segment engages in the first charge loans to owner-occupiers. The Short Term Lending segment engages in the short term bridging finance to owner-occupiers, landlords, and property developers. The Second Charge Lending segment engages in the long-term second charge loans. The Other segment engages in the central functions of the group, including treasury and third-party mortgage servicing.

Charter Court Financial Services Group (CHIX:CCFSL) Headlines

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