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Clifton Bancorp (Clifton Bancorp) Net Interest Margin (Bank Only) % : 2.20% (As of Dec. 2017)


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What is Clifton Bancorp 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. Clifton Bancorp's annualized Net Interest Income (for Banks) for the quarter that ended in Dec. 2017 was $32.54 Mil. Clifton Bancorp's average earning assets for the quarter that ended in Dec. 2017 was $1,477.48 Mil. Therefore, Clifton Bancorp's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Dec. 2017 was 2.20%.


Clifton Bancorp Net Interest Margin (Bank Only) % Historical Data

The historical data trend for Clifton Bancorp'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.

Clifton Bancorp Net Interest Margin (Bank Only) % Chart

Clifton Bancorp Annual Data
Trend Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17
Net Interest Margin (Bank Only) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.42 2.46 2.53 2.39 2.33

Clifton Bancorp Quarterly Data
Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17
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 2.32 2.33 2.34 2.33 2.20

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

For the Banks - Regional subindustry, Clifton Bancorp'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.


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

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

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



Clifton Bancorp 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).

Clifton Bancorp's annualized Net Interest Margin (Bank Only) % for the fiscal year that ended in Mar. 2017 is calculated as

Net Interest Margin (Bank Only) %(A: Mar. 2017 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (A: Mar. 2016 ) + Earning Assets (A: Mar. 2017 ))/ count )
=28.661/( (1137.691 + 1323.192)/ 2 )
=28.661/1230.4415
=2.33 %

where

Earning Assets(A: Mar. 2016 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 780.229 + 357.462
=1137.691

Earning Assets(A: Mar. 2017 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 1007.844 + 315.348
=1323.192

Clifton Bancorp's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Dec. 2017 is calculated as

Net Interest Margin (Bank Only) %(Q: Dec. 2017 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (Q: Sep. 2017 ) + Earning Assets (Q: Dec. 2017 ))/ count )
=32.544/( (1440.059 + 1514.891)/ 2 )
=32.544/1477.475
=2.20 %

where

Earning Assets(Q: Sep. 2017 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 1140.419 + 299.64
=1440.059

Earning Assets(Q: Dec. 2017 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 1175.88 + 339.011
=1514.891

* 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. 2017) net interest income data. Net Interest Margin (Bank Only) % is displayed in the 30-year financial page for Banks.


Clifton Bancorp  (NAS:CSBK) 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.


Clifton Bancorp Net Interest Margin (Bank Only) % Related Terms

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Clifton Bancorp (Clifton Bancorp) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Clifton Bancorp Inc is a savings and loan holding company. It operates as a community-oriented financial institution offering traditional financial services to consumers and businesses in its market area.
Executives
Michael Lesler officer: EVP & Chief Operating Officer 1433 VAN HOUTEN AVENUE, CLIFTON NJ 07015
Charles J Pivirotto director C/O KEARNY FINANCIAL CORP., 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Paul M Aguggia director, officer: Chairman, President & CEO 1433 VAN HOUTEN AVENUE, CLIFTON NJ 07013
Cynthia Sisco director C/O KEARNY FINANCIAL CORP., 120 PASSAIC AVENUE, FAIRFIELD NJ 07004