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Angel Oak Mortgage REIT (Angel Oak Mortgage REIT) Net Interest Margin (Bank Only) % : 1.55% (As of Mar. 2024)


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What is Angel Oak Mortgage REIT 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. Angel Oak Mortgage REIT's annualized Net Interest Income (for Banks) for the quarter that ended in Mar. 2024 was $34.32 Mil. Angel Oak Mortgage REIT's average earning assets for the quarter that ended in Mar. 2024 was $2,208.48 Mil. Therefore, Angel Oak Mortgage REIT's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Mar. 2024 was 1.55%.


Angel Oak Mortgage REIT Net Interest Margin (Bank Only) % Historical Data

The historical data trend for Angel Oak Mortgage REIT'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.

Angel Oak Mortgage REIT Net Interest Margin (Bank Only) % Chart

Angel Oak Mortgage REIT Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Net Interest Margin (Bank Only) %
2.63 7.34 3.31 1.95 1.13

Angel Oak Mortgage REIT 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 1.00 1.06 1.30 1.48 1.55

Competitive Comparison of Angel Oak Mortgage REIT's Net Interest Margin (Bank Only) %

For the REIT - Mortgage subindustry, Angel Oak Mortgage REIT'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.


Angel Oak Mortgage REIT's Net Interest Margin (Bank Only) % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Angel Oak Mortgage REIT's Net Interest Margin (Bank Only) % distribution charts can be found below:

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



Angel Oak Mortgage REIT 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).

Angel Oak Mortgage REIT'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 )
=28.901/( (2879.92 + 2237.774)/ 2 )
=28.901/2558.847
=1.13 %

where

Earning Assets(A: Dec. 2022 )
=Money Market Investments + Net Loan + Securities & Investments
=10.589 + 1807.882 + 1061.449
=2879.92

Earning Assets(A: Dec. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=2.871 + 1606.326 + 628.577
=2237.774

Angel Oak Mortgage REIT'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 )
=34.316/( (2237.774 + 2179.178)/ 2 )
=34.316/2208.476
=1.55 %

where

Earning Assets(Q: Dec. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=2.871 + 1606.326 + 628.577
=2237.774

Earning Assets(Q: Mar. 2024 )
=Money Market Investments + Net Loan + Securities & Investments
=2.799 + 1574.885 + 601.494
=2179.178

* 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.


Angel Oak Mortgage REIT  (NYSE:AOMR) 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.


Angel Oak Mortgage REIT Net Interest Margin (Bank Only) % Related Terms

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Angel Oak Mortgage REIT (Angel Oak Mortgage REIT) Business Description

Industry
Traded in Other Exchanges
Address
3344 Peachtree Road Northeast, Suite 1725, Atlanta, GA, USA, 30326
Angel Oak Mortgage REIT Inc is a real estate finance company focused on acquiring and investing in the first lien non-QM loans and other mortgage-related assets in the U.S. mortgage market. Its objective is to generate attractive risk-adjusted returns for its stockholders, through cash distributions and capital appreciation, across interest rates and credit cycles.
Executives
Brandon Filson officer: CFO & Treasurer 3344 PEACHTREE ROAD NE, SUITE 1725, ATLANTA GA 30326
Noelle Savarese director 3344 PEACHTREE ROAD NE, SUITE 1725, ATLANTA GA 30326
Jonathan Morgan director 15 BEACH DRIVE, DARIEN CT 06820
Sreeniwas Prabhu officer: CEO & President ANGEL OAK CAPITAL ADVISORS, 3060 PEACHTREE ROAD NW, SUITE 500, ATLANTA GA 30305
Davidson Kempner Capital Management Lp 10 percent owner 520 MADISON AVENUE, 30TH FLOOR, NEW YORK NY 10022
W D Minami director C/O NORTHSTAR REALTY FINANCE CORP., 399 PARK AVENUE, 18TH FLOOR, NEW YORK NY 10022
Christine Jurinich director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Nancy R Davis director 3344 PEACHTREE ROAD NE, SUITE 1725, ATLANTA GA 30326
Xylem Finance Llc 10 percent owner 520 MADISON AVENUE, 30TH FLOOR, NEW YORK NY 10022
Nhtv Atlanta Holdings Lp 10 percent owner 1585 BROADWAY, NEW YORK NY 10036
Ms Tactical Value Fund Gp Inc. 10 percent owner 1585 BROADWAY, NEW YORK NY 10036
Ms Tactical Value Fund Gp Lp 10 percent owner 1585 BROADWAY, NEW YORK NY 10036
Project Atlanta Gp Llc 10 percent owner 1585 BROADWAY, NEW YORK NY 10036
Landon Parsons director 3344 PEACHTREE ROAD NE, SUITE 1725, ATLANTA GA 30326
Edward Mclean Cummings director, 10 percent owner 3344 PEACHTREE ROAD NE, SUITE 1725, ATLANTA GA 30326