GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Signature Bank (OTCPK:SBNY) » Definitions » Net Interest Margin (Bank Only) %

Signature Bank (Signature Bank) Net Interest Margin (Bank Only) % : 2.55% (As of Dec. 2022)


View and export this data going back to 2004. Start your Free Trial

What is Signature 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. Signature Bank's annualized Net Interest Income (for Banks) for the quarter that ended in Dec. 2022 was $2,555 Mil. Signature Bank's average earning assets for the quarter that ended in Dec. 2022 was $100,355 Mil. Therefore, Signature Bank's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Dec. 2022 was 2.55%.


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

The historical data trend for Signature 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.

Signature Bank Net Interest Margin (Bank Only) % Chart

Signature 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 2.96 2.78 2.81 2.56 2.70

Signature Bank Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 2.61 2.55 2.71 2.71 2.55

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

For the Banks - Regional subindustry, Signature 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.


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

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

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



Signature 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).

Signature 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 )
=2535.334/( (86926.318 + 100763.424)/ 2 )
=2535.334/93844.871
=2.70 %

where

Earning Assets(A: Dec. 2021 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 64775.174 + 22151.144
=86926.318

Earning Assets(A: Dec. 2022 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 74388.994 + 26374.43
=100763.424

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

Net Interest Margin (Bank Only) %(Q: Dec. 2022 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (Q: Sep. 2022 ) + Earning Assets (Q: Dec. 2022 ))/ count )
=2554.716/( (99946.45 + 100763.424)/ 2 )
=2554.716/100354.937
=2.55 %

where

Earning Assets(Q: Sep. 2022 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 73900.091 + 26046.359
=99946.45

Earning Assets(Q: Dec. 2022 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 74388.994 + 26374.43
=100763.424

* 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 (Dec. 2022) net interest income data. Net Interest Margin (Bank Only) % is displayed in the 30-year financial page for Banks.


Signature Bank  (OTCPK:SBNY) 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.


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

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


Signature Bank (Signature Bank) Business Description

Industry
Traded in Other Exchanges
Address
565 Fifth Avenue, New York, NY, USA, 10017
Signature Bank is a New York-based commercial bank. It is engaged in offering a wide range of business and personal banking products and services. The operating segments of the company are Commercial banking and Specialty finance. The company operates in New York and derives a majority of its revenue from the Commercial banking segment, which consists principally of commercial real estate lending, fund banking, venture banking, commercial and industrial lending, and commercial deposit gathering activities. Specialty Finance consists of financing and leasing products, including equipment, transportation, taxi medallion, commercial marine, municipal, and national franchise financing and leasing.

Signature Bank (Signature Bank) Headlines

From GuruFocus