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Chicago Atlantic Real Estate Finance (Chicago Atlantic Real Estate Finance) Net Interest Margin (Bank Only) % : 14.71% (As of Mar. 2024)


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What is Chicago Atlantic Real Estate Finance 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. Chicago Atlantic Real Estate Finance's annualized Net Interest Income (for Banks) for the quarter that ended in Mar. 2024 was $52.96 Mil. Chicago Atlantic Real Estate Finance's average earning assets for the quarter that ended in Mar. 2024 was $360.00 Mil. Therefore, Chicago Atlantic Real Estate Finance's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Mar. 2024 was 14.71%.


Chicago Atlantic Real Estate Finance Net Interest Margin (Bank Only) % Historical Data

The historical data trend for Chicago Atlantic Real Estate Finance'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.

Chicago Atlantic Real Estate Finance Net Interest Margin (Bank Only) % Chart

Chicago Atlantic Real Estate Finance Annual Data
Trend Dec21 Dec22 Dec23
Net Interest Margin (Bank Only) %
- 18.36 16.69

Chicago Atlantic Real Estate Finance Quarterly Data
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 18.42 17.56 16.97 17.29 14.71

Competitive Comparison of Chicago Atlantic Real Estate Finance's Net Interest Margin (Bank Only) %

For the REIT - Mortgage subindustry, Chicago Atlantic Real Estate Finance'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.


Chicago Atlantic Real Estate Finance's Net Interest Margin (Bank Only) % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Chicago Atlantic Real Estate Finance's Net Interest Margin (Bank Only) % distribution charts can be found below:

* The bar in red indicates where Chicago Atlantic Real Estate Finance's Net Interest Margin (Bank Only) % falls into.



Chicago Atlantic Real Estate Finance 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).

Chicago Atlantic Real Estate Finance'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 )
=57.147/( (335.333 + 349.51)/ 2 )
=57.147/342.4215
=16.69 %

where

Earning Assets(A: Dec. 2022 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 335.333 + 0
=335.333

Earning Assets(A: Dec. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 348.668 + 0.842
=349.51

Chicago Atlantic Real Estate Finance'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 )
=52.96/( (349.51 + 370.488)/ 2 )
=52.96/359.999
=14.71 %

where

Earning Assets(Q: Dec. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 348.668 + 0.842
=349.51

Earning Assets(Q: Mar. 2024 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 370.488 + 0
=370.488

* 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.


Chicago Atlantic Real Estate Finance  (NAS:REFI) 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.


Chicago Atlantic Real Estate Finance Net Interest Margin (Bank Only) % Related Terms

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Chicago Atlantic Real Estate Finance (Chicago Atlantic Real Estate Finance) Business Description

Traded in Other Exchanges
N/A
Address
1680 Michigan Avenue, Suite 700, Miami Beach, FL, USA, 33139
Chicago Atlantic Real Estate Finance Inc is engaged in a commercial real estate finance company. Its primary investment objective is to provide attractive risk-adjusted returns for stockholders over time, through consistent current income dividends and other distributions and secondarily through capital appreciation.
Executives
John Mazarakis director, officer: Exec. Chair of the Board C/O CHICAGO ATLANTIC REAL ESTATE FINANCE, 420 NORTH WABASH AVENUE, SUITE 500, CHICAGO IL 60611
Andreas Bodmeier director, officer: Co-President and CIO C/O CHICAGO ATLANTIC REAL ESTATE FINANCE, 420 NORTH WABASH AVENUE, SUITE 500, CHICAGO IL 60611
Peter Sack director, officer: Co-President C/O CHICAGO ATLANTIC REAL ESTATE FINANCE, 420 NORTH WABASH AVENUE, SUITE 500, CHICAGO IL 60611
Anthony Cappell director, officer: Chief Executive Officer C/O CHICAGO ATLANTIC REAL ESTATE FINANCE, 420 NORTH WABASH AVENUE, SUITE 500, CHICAGO IL 60611
Phillip Silverman officer: Interim CFO C/O CHICAGO ATLANTIC REAL ESTATE FINANCE, 420 NORTH WABASH AVENUE, SUITE 500, CHICAGO IL 60611
David Kite officer: Chief Operating Officer C/O CHICAGO ATLANTIC REAL ESTATE FINANCE, 420 NORTH WABASH AVENUE, SUITE 500, CHICAGO IL 60611
Jason D Papastavrou director C/O GXO LOGISTICS, INC., TWO AMERICAN LANE, GREENWICH CT 06831
Frederick C Herbst director
Lindsay Menze officer: Chief Financial Officer C/O CHICAGO ATLANTIC REAL ESTATE FINANCE, 420 NORTH WABASH AVENUE, SUITE 500, CHICAGO IL 60611
Michael L. Steiner director C/O CHICAGO ATLANTIC REAL ESTATE FINANCE, 420 NORTH WABASH AVENUE, SUITE 500, CHICAGO IL 60611
Brandon Konigsberg director C/O CHICAGO ATLANTIC REAL ESTATE FINANCE, 420 NORTH WABASH AVENUE, SUITE 500, CHICAGO IL 60611
Chicago Atlantic Fund Qp, Llc 10 percent owner 420 NORTH WABASH AVE., SUITE 500, CHICAGO IL 60611
Donald E. Gulbrandsen director C/O CHICAGO ATLANTIC REAL ESTATE FINANCE, 420 NORTH WABASH AVENUE, SUITE 500, CHICAGO IL 60611
Chicago Atlantic Cre Holdings, Llc 10 percent owner C/O CHICAGO ATLANTIC REAL ESTATE FINANCE, 420 NORTH WABASH AVENUE, SUITE 500, CHICAGO IL 60611

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