GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Bimini Capital Management Inc (OTCPK:BMNM) » Definitions » Net Interest Margin (Bank Only) %

Bimini Capital Management (Bimini Capital Management) Net Interest Margin (Bank Only) % : -137.57% (As of Mar. 2024)


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

What is Bimini Capital Management 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. Bimini Capital Management's annualized Net Interest Income (for Banks) for the quarter that ended in Mar. 2024 was $-1.69 Mil. Bimini Capital Management's average earning assets for the quarter that ended in Mar. 2024 was $1.23 Mil. Therefore, Bimini Capital Management's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Mar. 2024 was -137.57%.


Bimini Capital Management Net Interest Margin (Bank Only) % Historical Data

The historical data trend for Bimini Capital Management'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.

Bimini Capital Management Net Interest Margin (Bank Only) % Chart

Bimini Capital Management 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 59.14 39.79 46.99 -22.93 -227.78

Bimini Capital Management 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 -257.18 -341.47 -210.38 -142.97 -137.57

Competitive Comparison of Bimini Capital Management's Net Interest Margin (Bank Only) %

For the Asset Management subindustry, Bimini Capital Management'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.


Bimini Capital Management's Net Interest Margin (Bank Only) % Distribution in the Asset Management Industry

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

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



Bimini Capital Management 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).

Bimini Capital Management'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 )
=-2.107/( (0.94 + 0.91)/ 2 )
=-2.107/0.925
=-227.78 %

where

Earning Assets(A: Dec. 2022 )
=Money Market Investments + Net Loan + Securities & Investments
=0.763 + 0 + 0.177
=0.94

Earning Assets(A: Dec. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=0.754 + 0 + 0.156
=0.91

Bimini Capital Management'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 )
=-1.688/( (0.91 + 1.544)/ 2 )
=-1.688/1.227
=-137.57 %

where

Earning Assets(Q: Dec. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=0.754 + 0 + 0.156
=0.91

Earning Assets(Q: Mar. 2024 )
=Money Market Investments + Net Loan + Securities & Investments
=1.386 + 0 + 0.158
=1.544

* 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.


Bimini Capital Management  (OTCPK:BMNM) 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.


Bimini Capital Management Net Interest Margin (Bank Only) % Related Terms

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


Bimini Capital Management (Bimini Capital Management) Business Description

Traded in Other Exchanges
N/A
Address
3305 Flamingo Drive, Vero Beach, FL, USA, 32963
Bimini Capital Management Inc is a specialty finance company that operates in two reportable segments, The asset management segment includes the investment advisory services provided by Bimini Advisors to Orchid and Royal Palm. The investment portfolio segment includes the investment activities conducted by Royal Palm. The investment portfolio segment receives revenue in the form of interest and dividend income on its investments.
Executives
Robert J Dwyer director 880 SOUTH OCEAN BOULEVARD, PALM BEACH FL 33480
Robert E Cauley director, officer: Secretary/Chief Fin. Officer C/O BIMINI MORTGAGE MANAGEMENT, INC., 3305 FLAMINGO DRIVE, SUITE 100, VERO BEACH FL 32963
Haas G Hunter Iv officer: EVP, CIO, Interim CFO & Treas C/O BIMINI CAPITAL MANAGEMENT, INC., 3305 FLAMINGO DRIVE, VERO BEACH FL 32963
Frank E Jaumot director 190 SE 19TH AVENUE, POMPANO BEACH FL 33060
J Christopher Clifton officer: EVP, GC, CCO & Sec C/O BIMINI CAPITAL MANAGEMENT, INC., 3305 FLAMINGO DRIVE, VERO BEACH FL 32963
Jason Kaplan director, officer: Senior Exec. Vice President C/O OPTEUM FINANCIAL SERVICES, LLC, W115 CENTURY ROAD, PARAMUS NJ 07652
Peter R Norden director C/O OPTEUM FINANCIAL SERVICES, W115 CENTURY ROAD, PARAMUS NJ 07652
Amber K Luedke officer: Treasurer C/O BIMINI MORTGAGE MANAGEMENT INC., 3305 FLAMINGO DRIVE, SUITE 100, VERO BEACH FL 32963
Jeffrey J Zimmer director, officer: Pres./CEO 3001 OCEAN DRIVE, SUITE 201, VERO BEACH FL 32963
Kevin L Bespolka director C/O BIMINI MORTGAGE MANAGEMENT, INC., 3305 FLAMINGO DRIVE, SUITE 100, VERO BEACH FL 32963
W Christopher Mortenson director C/O BIMINI MORTGAGE MANAGEMENT, INC., 3305 FLAMINGO DRIVE, SUITE 100, VERO BEACH FL 32963
Burford H Ortale director C/O BIMINI MORTGAGE MANAGEMENT, INC., 3305 FLAMINGO DRIVE, SUITE 100, VERO BEACH FL 32963
Maureen A Hendricks director C/O MILLIPORE CORP, BEDFORD MA 01730

Bimini Capital Management (Bimini Capital Management) Headlines