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TD Ameritrade Holding (TD Ameritrade Holding) Net Interest Margin (Bank Only) % : 7.62% (As of Jun. 2020)


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What is TD Ameritrade Holding 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. TD Ameritrade Holding's annualized Net Interest Income (for Banks) for the quarter that ended in Jun. 2020 was $1,112 Mil. TD Ameritrade Holding's average earning assets for the quarter that ended in Jun. 2020 was $14,592 Mil. Therefore, TD Ameritrade Holding's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Jun. 2020 was 7.62%.


TD Ameritrade Holding Net Interest Margin (Bank Only) % Historical Data

The historical data trend for TD Ameritrade Holding'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.

TD Ameritrade Holding Net Interest Margin (Bank Only) % Chart

TD Ameritrade Holding Annual Data
Trend Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19
Net Interest Margin (Bank Only) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.10 7.34 7.37 22.34 25.07

TD Ameritrade Holding Quarterly Data
Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20
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 28.64 21.53 15.75 10.52 7.62

Competitive Comparison of TD Ameritrade Holding's Net Interest Margin (Bank Only) %

For the Capital Markets subindustry, TD Ameritrade Holding'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.


TD Ameritrade Holding's Net Interest Margin (Bank Only) % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, TD Ameritrade Holding's Net Interest Margin (Bank Only) % distribution charts can be found below:

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



TD Ameritrade Holding 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).

TD Ameritrade Holding's annualized Net Interest Margin (Bank Only) % for the fiscal year that ended in Sep. 2019 is calculated as

Net Interest Margin (Bank Only) %(A: Sep. 2019 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (A: Sep. 2018 ) + Earning Assets (A: Sep. 2019 ))/ count )
=1389/( (2667 + 8412)/ 2 )
=1389/5539.5
=25.07 %

where

Earning Assets(A: Sep. 2018 )
=Money Market Investments + Net Loan + Securities & Investments
=500 + 1302 + 865
=2667

Earning Assets(A: Sep. 2019 )
=Money Market Investments + Net Loan + Securities & Investments
=500 + 1318 + 6594
=8412

TD Ameritrade Holding's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Jun. 2020 is calculated as

Net Interest Margin (Bank Only) %(Q: Jun. 2020 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (Q: Mar. 2020 ) + Earning Assets (Q: Jun. 2020 ))/ count )
=1112/( (14695 + 14488)/ 2 )
=1112/14591.5
=7.62 %

where

Earning Assets(Q: Mar. 2020 )
=Money Market Investments + Net Loan + Securities & Investments
=1000 + 2114 + 11581
=14695

Earning Assets(Q: Jun. 2020 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 3107 + 11381
=14488

* 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 (Jun. 2020) net interest income data. Net Interest Margin (Bank Only) % is displayed in the 30-year financial page for Banks.


TD Ameritrade Holding  (NAS:AMTD) 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.


TD Ameritrade Holding Net Interest Margin (Bank Only) % Related Terms

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TD Ameritrade Holding (TD Ameritrade Holding) Business Description

Traded in Other Exchanges
N/A
Address
200 South 108th Avenue, Omaha, NE, USA, 68154
TD Ameritrade is a leading retail brokerage and advisor services firm. Its largest shareholder is Toronto-Dominion Bank, which beneficially owns more than 40%. The firm offers trading in stocks, bonds, options, and other asset classes. Recently, TD Ameritrade derived approximately 55% of its revenue from interest-rate-related income and fees, 35% from commissions and transaction fees, and 10% from investment product and other revenue. Practically all of the company's revenue is generated in the United States. TD Ameritrade has a pending merger with Charles Schwab that is expected to close in the second half of 2020.
Executives
Lorenzo A Bettino director
Wilbur J Prezzano director 13515 BALLANTYNE CORPORATE PL, CHARLOTTE NC 28277
Joseph H Moglia director AMERITRADE HOLDING CORP, 4211 S 102ND ST, OMAHA NE 68127
Todd M Ricketts director C/O AMERITRADE HOLDING CORP, 4211 SOUTH 102ND ST, OMAHA NE 68127
Brian M Levitt director C/O DOMTAR CORPORATION, 234 KINGSLEY PARK DRIVE, FORT MILL SC 29715
V Ann Hailey director THREE LIMITED PARKWAY, COLUMBUS OH 43230
Allan R Tessler director C/O EPOCH HOLDING CORPORATION, 640 FIFTH AVENUE, NEW YORK, NY 10019
Dominion Bank Toronto 10 percent owner 66 WELLINGTON STREET WEST, 12TH FLOOR, TD TOWER, TORONTO, ONTARIO A6 M5K 1A2
Td Group Us Holdings Llc 10 percent owner 251 LITTLE FALLS DRIVE, WILMINGTON DE 19808
Mark L Mitchell director AMERITRADE HOLDING CORP 4211 S 102ND ST OMAHA NE 68127
Td Luxembourg International Holdings S.a R.l. 10 percent owner 46A, AVENUE JOHN F. KENNEDY LUXEMBOURG N4 L-2951
Irene R Miller director C/O BARNES & NOBLE INC, 122 FIFTH AVE, NEW YORK NY 10011
Karen E. Maidment director TD AMERITRADE HOLDING CORPORATION 6940 COLUMBIA GATEWAY DR., SUITE 200 COLUMBIA MD 21046
Steven M. Quirk officer: EVP, Trader Group C/O ROBINHOOD MARKETS INC., 85 WILLOW ROAD, MENLO PARK CA 94025
Jon C. Peterson officer: Interim CFO 200 S. 108TH AVE OMAHA NE 68154

TD Ameritrade Holding (TD Ameritrade Holding) Headlines

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