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Chongqing Rural Commercial Bank Co (HKSE:03618) Net Interest Margin (Bank Only) % : 0.00% (As of Dec. 2023)


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What is Chongqing Rural Commercial Bank Co 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. Chongqing Rural Commercial Bank Co's annualized Net Interest Income (for Banks) for the quarter that ended in Dec. 2023 was HK$0 Mil. Chongqing Rural Commercial Bank Co's average earning assets for the quarter that ended in Dec. 2023 was HK$710,041 Mil. Therefore, Chongqing Rural Commercial Bank Co's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Dec. 2023 was 0.00%.


Chongqing Rural Commercial Bank Co Net Interest Margin (Bank Only) % Historical Data

The historical data trend for Chongqing Rural Commercial Bank Co'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.

Chongqing Rural Commercial Bank Co Net Interest Margin (Bank Only) % Chart

Chongqing Rural Commercial Bank Co 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 5.89 5.52 5.09 4.15 3.66

Chongqing Rural Commercial Bank Co Quarterly Data
Dec17 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 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 4.28 - 3.60 - 3.33

Competitive Comparison of Chongqing Rural Commercial Bank Co's Net Interest Margin (Bank Only) %

For the Banks - Regional subindustry, Chongqing Rural Commercial Bank Co'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.


Chongqing Rural Commercial Bank Co's Net Interest Margin (Bank Only) % Distribution in the Banks Industry

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

* The bar in red indicates where Chongqing Rural Commercial Bank Co's Net Interest Margin (Bank Only) % falls into.



Chongqing Rural Commercial Bank Co 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).

Chongqing Rural Commercial Bank Co'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 )
=25696.267/( (685153.217 + 720504.397)/ 2 )
=25696.267/702828.807
=3.66 %

where

Earning Assets(A: Dec. 2022 )
=Money Market Investments + Net Loan + Securities & Investments
=9445.392 + 675707.825 + 0
=685153.217

Earning Assets(A: Dec. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=12526.755 + 707977.642 + 0
=720504.397

Chongqing Rural Commercial Bank Co'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: Sep. 2023 ) + Earning Assets (Q: Dec. 2023 ))/ count )
=0/( (699578.022 + 720504.397)/ 2 )
=0/710041.2095
=0.00 %

where

Earning Assets(Q: Sep. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=1950.056 + 697627.966 + 0
=699578.022

Earning Assets(Q: Dec. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=12526.755 + 707977.642 + 0
=720504.397

* 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.


Chongqing Rural Commercial Bank Co  (HKSE:03618) 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.


Chongqing Rural Commercial Bank Co Net Interest Margin (Bank Only) % Related Terms

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Chongqing Rural Commercial Bank Co (HKSE:03618) Business Description

Traded in Other Exchanges
Address
1 Matheson Street, 31th Floor, Tower Two, Times Square, Causeway Bay, Hong Kong, HKG
Chongqing Rural Commercial Bank Co Ltd provides a range of banking and related services in China. The company operates in three segments: Corporate banking, which includes corporate loans, trade financing, deposit takings, financial leasing, and other services; Personal banking segment includes personal loans, deposit products, card business, personal wealth management services, and other services; and Financial market operations, which conducts money market or repurchase transactions and debt instruments investment. Its geographical segments are County and Urban.
Executives
Shang Hai Yu Yuan Lv You Shang Cheng Ji Tuan Gu Fen You Xian Gong Si
Fosun International Holdings Ltd. 2201 Interest of corporation controlled by you
Fosun International Limited 2201 Interest of corporation controlled by you
Guo Guangchang 2201 Interest of corporation controlled by you
Blackrock Global Funds 2101 Beneficial owner
Fosun Holdings Limited 2201 Interest of corporation controlled by you

Chongqing Rural Commercial Bank Co (HKSE:03618) Headlines

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