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Marathon Bancorp (Marathon Bancorp) Net Interest Margin (Bank Only) % : 2.71% (As of Mar. 2024)


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What is Marathon 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. Marathon Bancorp's annualized Net Interest Income (for Banks) for the quarter that ended in Mar. 2024 was $5.62 Mil. Marathon Bancorp's average earning assets for the quarter that ended in Mar. 2024 was $207.57 Mil. Therefore, Marathon Bancorp's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Mar. 2024 was 2.71%.


Marathon Bancorp Net Interest Margin (Bank Only) % Historical Data

The historical data trend for Marathon 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.

Marathon Bancorp Net Interest Margin (Bank Only) % Chart

Marathon Bancorp Annual Data
Trend Jun20 Jun21 Jun22 Jun23
Net Interest Margin (Bank Only) %
2.92 3.03 3.08 3.19

Marathon Bancorp Quarterly Data
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 3.01 3.02 2.92 2.83 2.71

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

For the Banks - Regional subindustry, Marathon 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.


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

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

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



Marathon 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).

Marathon Bancorp's annualized Net Interest Margin (Bank Only) % for the fiscal year that ended in Jun. 2023 is calculated as

Net Interest Margin (Bank Only) %(A: Jun. 2023 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (A: Jun. 2022 ) + Earning Assets (A: Jun. 2023 ))/ count )
=6.699/( (203.113 + 217.426)/ 2 )
=6.699/210.2695
=3.19 %

where

Earning Assets(A: Jun. 2022 )
=Money Market Investments + Net Loan + Securities & Investments
=6.333 + 185.63 + 11.15
=203.113

Earning Assets(A: Jun. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=10.274 + 197.714 + 9.438
=217.426

Marathon 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 )
=5.62/( (209.014 + 206.13)/ 2 )
=5.62/207.572
=2.71 %

where

Earning Assets(Q: Dec. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=6.488 + 194.477 + 8.049
=209.014

Earning Assets(Q: Mar. 2024 )
=Money Market Investments + Net Loan + Securities & Investments
=6.775 + 191.925 + 7.43
=206.13

* 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.


Marathon Bancorp  (OTCPK:MBBC) 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.


Marathon Bancorp Net Interest Margin (Bank Only) % Related Terms

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Marathon Bancorp (Marathon Bancorp) Business Description

Industry
Traded in Other Exchanges
N/A
Address
500 Scott Street, Wausau, WI, USA, 54403
Marathon Bancorp Inc is a Wisconsin-chartered savings bank. It is a community-oriented bank offering a variety of financial products and services to meet the needs of customers. The primary deposit products are demand deposits, savings, and certificates of deposits; and prime lending products are commercial real estate, commercial and industrial, construction, one-to-four-family residential, multifamily real estate, and consumer loans. The majority of the Company's revenues come from interest income on loans and debt securities available for sale.
Executives
Nicholas W Zillges director, officer: President and CEO 500 SCOTT STREET, WAUSAU WI 54403
Joy Selting-buchberger officer: SVP and CFO 500 SCOTT STREET, WAUSAU WI 54403
Michelle Knopf officer: EVP/Dir. of Mortgage Services 500 SCOTT STREET, WAUSAU WI 54403
Terry Cornish officer: SVP and CCO 500 SCOTT STREET, WAUSAU WI 54403
Nora Spatz officer: EVP and CAO 500 SCOTT STREET, WAUSAU WI 54403
Amy Zientara director, other: Chairwoman of the Board 500 SCOTT STREET, WAUSAU WI 54403
Thomas L Grimm director 500 SCOTT STREET, WAUSAU WI 54403
Timothy R Wimmer director 500 SCOTT STREET, WAUSAU WI 54403
Ann M Werth director 500 SCOTT STREET, WAUSAU WI 54403
Thomas Terwilliger director 500 SCOTT STREET, WAUSAU WI 54403
Mhc Marathon 10 percent owner 500 SCOTT STREET, WAUSAU WI 54403

Marathon Bancorp (Marathon Bancorp) Headlines

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