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Srisawad PCL (BKK:SAWAD) Net Interest Margin (Bank Only) % : 25.32% (As of Mar. 2024)


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What is Srisawad PCL 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. Srisawad PCL's annualized Net Interest Income (for Banks) for the quarter that ended in Mar. 2024 was ฿15,222 Mil. Srisawad PCL's average earning assets for the quarter that ended in Mar. 2024 was ฿60,116 Mil. Therefore, Srisawad PCL's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Mar. 2024 was 25.32%.


Srisawad PCL Net Interest Margin (Bank Only) % Historical Data

The historical data trend for Srisawad PCL'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.

Srisawad PCL Net Interest Margin (Bank Only) % Chart

Srisawad PCL 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 18.00 17.11 15.25 23.28 28.96

Srisawad PCL 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 31.76 26.33 28.54 26.06 25.32

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

For the Credit Services subindustry, Srisawad PCL'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.


Srisawad PCL's Net Interest Margin (Bank Only) % Distribution in the Credit Services Industry

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

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



Srisawad PCL 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).

Srisawad PCL'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 )
=13477.596/( (33544.785 + 59543.46)/ 2 )
=13477.596/46544.1225
=28.96 %

where

Earning Assets(A: Dec. 2022 )
=Money Market Investments + Net Loan + Securities & Investments
=3.152 + 33469.54 + 72.093
=33544.785

Earning Assets(A: Dec. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=3.1620000000003 + 59471.623 + 68.675
=59543.46

Srisawad PCL'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 )
=15222.168/( (59543.46 + 60689.386)/ 2 )
=15222.168/60116.423
=25.32 %

where

Earning Assets(Q: Dec. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=3.1620000000003 + 59471.623 + 68.675
=59543.46

Earning Assets(Q: Mar. 2024 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 60621.408 + 67.978
=60689.386

* 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.


Srisawad PCL  (BKK:SAWAD) 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.


Srisawad PCL Net Interest Margin (Bank Only) % Related Terms

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Srisawad PCL (BKK:SAWAD) Business Description

Traded in Other Exchanges
N/A
Address
Chaeng Watthana Road, Chaeng Watthana 10 Alley, 99/392 Srisawad Building, 4,6 floor, 3 Sub Alley, Thungsonghong, Laksi, Bangkok, THA, 10210
Srisawad Corp PCL provides credit services and personal loans. The company provides financial services specifically hire-purchase, loan, non-performing assets management, investments in other companies, management, and consulting services for retail credit systems in the region, both the Bangkok metropolitan area and provinces around the country.

Srisawad PCL (BKK:SAWAD) Headlines

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