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California First Leasing (California First Leasing) Net Interest Margin (Bank Only) % : 0.00% (As of Dec. 2023)


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What is California First Leasing 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. California First Leasing's annualized Net Interest Income (for Banks) for the quarter that ended in Dec. 2023 was $0.00 Mil. California First Leasing's average earning assets for the quarter that ended in Dec. 2023 was $177.74 Mil. Therefore, California First Leasing's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Dec. 2023 was 0.00%.


California First Leasing Net Interest Margin (Bank Only) % Historical Data

The historical data trend for California First Leasing'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.

California First Leasing Net Interest Margin (Bank Only) % Chart

California First Leasing Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Net Interest Margin (Bank Only) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.08 7.81 3.62 1.60 2.03

California First Leasing Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Jun22 Dec22 Jun23 Dec23
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 1.29 - - - -

Competitive Comparison of California First Leasing's Net Interest Margin (Bank Only) %

For the Credit Services subindustry, California First Leasing'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.


California First Leasing's Net Interest Margin (Bank Only) % Distribution in the Credit Services Industry

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

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



California First Leasing 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).

California First Leasing's annualized Net Interest Margin (Bank Only) % for the fiscal year that ended in Jun. 2023 is calculated as

Net Interest Margin (Bank Only) %(A: Jun. 2023 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (A: Jun. 2022 ) + Earning Assets (A: Jun. 2023 ))/ count )
=3.046/( (134.522 + 165.529)/ 2 )
=3.046/150.0255
=2.03 %

where

Earning Assets(A: Jun. 2022 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 2.885 + 131.637
=134.522

Earning Assets(A: Jun. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 1.876 + 163.653
=165.529

California First Leasing's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Dec. 2023 is calculated as

Net Interest Margin (Bank Only) %(Q: Dec. 2023 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (Q: Jun. 2023 ) + Earning Assets (Q: Dec. 2023 ))/ count )
=0/( (165.529 + 189.956)/ 2 )
=0/177.7425
=0.00 %

where

Earning Assets(Q: Jun. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 1.876 + 163.653
=165.529

Earning Assets(Q: Dec. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 1.821 + 188.135
=189.956

* 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. 2023) net interest income data. Net Interest Margin (Bank Only) % is displayed in the 30-year financial page for Banks.


California First Leasing  (OTCPK:CFNB) 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.


California First Leasing Net Interest Margin (Bank Only) % Related Terms

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California First Leasing (California First Leasing) Business Description

Traded in Other Exchanges
N/A
Address
5000 Birch Street, Suite 500, Newport Beach, CA, USA, 92660
California First Leasing Corp focuses on leasing and financing capital assets, commercial loans secured by equipment and developing an investment portfolio of equity securities.
Executives
Michael H Lowry director
Robert Winton Kelley director 5000 BIRCH STREET, SUITE 500, NEWPORT BEACH CA 92660-8142
Robert A Hodgson officer: Sr. VP Tax & Accounting 18201 VON KARMAN AVE. #800, IRVINE CA 92612
Bedros Aharonyan officer: President, Cal First Natl Bank CALIFORNIA FIRST NATIONAL BANK, 18201 VON KARMAN AVENUE, IRVINE CA 92651
Michael L Mcclendon officer: SVP Credit of CalFirst Leasing CALIFORNIA FIRST LEASING CORPORATION, 18201 VON KARMAN AVENUE, IRVINE CA 92651
Glen T Tsuma director, 10 percent owner, officer: CHief Operating Officer 18201 VON KARMAN AVE, SUITE 800, IRVINE CA 92612
Danilo Cacciamatta director
Harris Ravine director 8475 GREENWOOD DRIVE, NIWOT CO 80503
S Leslie Jewett officer: Chief Financial Officer 18201 VON KARMAN AVENUE, IRVINE CA 92612
Patrick E Paddon director, 10 percent owner, officer: Chief Executive Officer 18201 VON KARMAN AVENUE, IRVINE CA 92612