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Codorus Valley Bancorp (Codorus Valley Bancorp) Net Interest Margin (Bank Only) % : 3.43% (As of Mar. 2024)


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What is Codorus Valley Bancorp 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. Codorus Valley Bancorp's annualized Net Interest Income (for Banks) for the quarter that ended in Mar. 2024 was $70.27 Mil. Codorus Valley Bancorp's average earning assets for the quarter that ended in Mar. 2024 was $2,050.05 Mil. Therefore, Codorus Valley Bancorp's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Mar. 2024 was 3.43%.


Codorus Valley Bancorp Net Interest Margin (Bank Only) % Historical Data

The historical data trend for Codorus Valley Bancorp'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.

Codorus Valley Bancorp Net Interest Margin (Bank Only) % Chart

Codorus Valley Bancorp 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 3.87 3.56 3.55 4.03 3.95

Codorus Valley Bancorp Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 4.17 3.98 3.84 3.79 3.43

Competitive Comparison of Codorus Valley Bancorp's Net Interest Margin (Bank Only) %

For the Banks - Regional subindustry, Codorus Valley Bancorp'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.


Codorus Valley Bancorp's Net Interest Margin (Bank Only) % Distribution in the Banks Industry

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

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



Codorus Valley Bancorp 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).

Codorus Valley Bancorp'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 )
=78.97/( (1958.687 + 2038.837)/ 2 )
=78.97/1998.762
=3.95 %

where

Earning Assets(A: Dec. 2022 )
=Money Market Investments + Net Loan + Securities & Investments
=0.95500000000001 + 1612.275 + 345.457
=1958.687

Earning Assets(A: Dec. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=3.146 + 1685.924 + 349.767
=2038.837

Codorus Valley Bancorp'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: Dec. 2023 ) + Earning Assets (Q: Mar. 2024 ))/ count )
=70.272/( (2038.837 + 2061.263)/ 2 )
=70.272/2050.05
=3.43 %

where

Earning Assets(Q: Dec. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=3.146 + 1685.924 + 349.767
=2038.837

Earning Assets(Q: Mar. 2024 )
=Money Market Investments + Net Loan + Securities & Investments
=3.186 + 1718.582 + 339.495
=2061.263

* 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.


Codorus Valley Bancorp  (NAS:CVLY) 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.


Codorus Valley Bancorp Net Interest Margin (Bank Only) % Related Terms

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Codorus Valley Bancorp (Codorus Valley Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
105 Leader Heights Road, P.O. Box 2887, Codorus Valley Corporate Center, York, PA, USA, 17403
Codorus Valley Bancorp Inc is a United States-based bank holding company. Through its subsidiary, it offers a full range of consumer, business, wealth management, and mortgage services at financial centers located in communities throughout South Central Pennsylvania and Central Maryland. It operates in a single segment, which is community banking. The loan portfolio is segmented is two classes: commercial, which includes builder & developer, commercial real estate investor, residential real estate investor, hotel/motel, wholesale & retail, agriculture, manufacturing, and all others; and consumer, which consists of residential mortgage, home equity and all other. Substantially, all the revenue for the group is derived in the form of an interest income.
Executives
Stephen M Altland officer: SVP of PeoplesBank 105 LEADER HEIGHTS ROAD, YORK PA 17403
Scott V Fainor director 105 LEADER HEIGHTS RD, YORK PA 17403
John W Giambalvo other: Director of PeoplesBank 105 LEADER HEIGHTS ROAD, YORK PA 17403
John E Kiernan director 110 CROTON AVENUE, MOUNT KISCO NY 10549
Craig L Kauffman officer: EVP & COO 105 LEADER HEIGHTS ROAD, YORK PA 17403
Keith Michael Cenekofsky director 105 LEADER HEIGHTS ROAD, YORK PA 17403
Brian D Brunner other: Director of PeoplesBank 105 LEADER HEIGHTS ROAD, YORK PA 17403
Sarah M Brown director 105 LEADER HEIGHTS ROAD, YORK PA 17403
Kent K. Matsumoto director 105 LEADER HEIGHTS RD, YORK PA 17403
Diane E Hill officer: Vice President 105 LEADER HEIGHTS ROAD, YORK PA 17403
Matthew A Clemens officer: SVP of subsidiary, PeoplesBank 105 LEADER HEIGHTS ROAD, YORK PA 17403
John Rodney Messick director 105 LEADER HEIGHTS ROAD, YORK PA 17403
Larry D Pickett officer: Treasurer 105 LEADER HEIGHTS ROAD, YORK PA 17403
Daniel R Stolzer officer: General Counsel C/O CODORUS VALLEY BANCORP INC, 105 LEADER HEIGHTS ROAD, YORK PA 17403
Kristen Marie Heisey other: SVP of PeoplesBank 105 LEADER HEIGHTS ROAD, YORK PA 17403