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Franklin Credit Management (Franklin Credit Management) Net Interest Margin (Bank Only) % : -0.06% (As of Sep. 2014)


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What is Franklin Credit 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. Franklin Credit Management's annualized Net Interest Income (for Banks) for the quarter that ended in Sep. 2014 was $-0.01 Mil. Franklin Credit Management's average earning assets for the quarter that ended in Sep. 2014 was $13.76 Mil. Therefore, Franklin Credit Management's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Sep. 2014 was -0.06%.


Franklin Credit Management Net Interest Margin (Bank Only) % Historical Data

The historical data trend for Franklin Credit 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.

Franklin Credit Management Net Interest Margin (Bank Only) % Chart

Franklin Credit Management Annual Data
Trend Dec11 Dec12 Dec13
Net Interest Margin (Bank Only) %
0.09 0.04 -0.09

Franklin Credit Management Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14
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 -0.11 -0.08 -0.08 -0.06 -0.06

Competitive Comparison of Franklin Credit Management's Net Interest Margin (Bank Only) %

For the Mortgage Finance subindustry, Franklin Credit 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.


Franklin Credit Management's Net Interest Margin (Bank Only) % Distribution in the Banks Industry

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

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



Franklin Credit 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).

Franklin Credit Management's annualized Net Interest Margin (Bank Only) % for the fiscal year that ended in Dec. 2013 is calculated as

Net Interest Margin (Bank Only) %(A: Dec. 2013 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (A: Dec. 2012 ) + Earning Assets (A: Dec. 2013 ))/ count )
=-0.014/( (15.443 + 15.314)/ 2 )
=-0.014/15.3785
=-0.09 %

where

Earning Assets(A: Dec. 2012 )
=Money Market Investments + Net Loan + Securities & Investments
=15.443 + 0 + 0
=15.443

Earning Assets(A: Dec. 2013 )
=Money Market Investments + Net Loan + Securities & Investments
=15.314 + 0 + 0
=15.314

Franklin Credit Management's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Sep. 2014 is calculated as

Net Interest Margin (Bank Only) %(Q: Sep. 2014 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (Q: Jun. 2014 ) + Earning Assets (Q: Sep. 2014 ))/ count )
=-0.008/( (13.458 + 14.064)/ 2 )
=-0.008/13.761
=-0.06 %

where

Earning Assets(Q: Jun. 2014 )
=Money Market Investments + Net Loan + Securities & Investments
=13.458 + 0 + 0
=13.458

Earning Assets(Q: Sep. 2014 )
=Money Market Investments + Net Loan + Securities & Investments
=14.064 + 0 + 0
=14.064

* 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 (Sep. 2014) net interest income data. Net Interest Margin (Bank Only) % is displayed in the 30-year financial page for Banks.


Franklin Credit Management  (OTCPK:FCRM) 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.


Franklin Credit Management Net Interest Margin (Bank Only) % Related Terms

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Franklin Credit Management (Franklin Credit Management) Business Description

Traded in Other Exchanges
N/A
Address
101 Hudson Street, 24th floor, Jersey City, NJ, USA, 07302
Franklin Credit Management Corp is a specialty consumer finance company. It is engaged in the servicing and resolution of performing, performing, and nonperforming residential mortgage loans, including specialized loan recovery and collection servicing, and in the analysis, pricing, and acquisition of residential mortgage portfolios, for third parties.
Executives
Steven W Lefkowitz director SIX HARRISON STREET, NEW YORK NY 10013

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