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Dividend 15 Split II (TSX:DF) Net Interest Margin (Bank Only) % : N/A% (As of Nov. 2022)


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What is Dividend 15 Split II 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. Dividend 15 Split II's annualized Net Interest Income (for Banks) for the quarter that ended in Nov. 2022 was C$1.06 Mil. Dividend 15 Split II's average earning assets for the quarter that ended in Nov. 2022 was C$0.00 Mil. Therefore, Dividend 15 Split II's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Nov. 2022 was N/A%.


Dividend 15 Split II Net Interest Margin (Bank Only) % Historical Data

The historical data trend for Dividend 15 Split II'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.

Dividend 15 Split II Net Interest Margin (Bank Only) % Chart

Dividend 15 Split II Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Net Interest Margin (Bank Only) %
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Dividend 15 Split II Semi-Annual Data
Nov13 May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 Nov23
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Competitive Comparison of Dividend 15 Split II's Net Interest Margin (Bank Only) %

For the Asset Management subindustry, Dividend 15 Split II'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.


Dividend 15 Split II's Net Interest Margin (Bank Only) % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Dividend 15 Split II's Net Interest Margin (Bank Only) % distribution charts can be found below:

* The bar in red indicates where Dividend 15 Split II's Net Interest Margin (Bank Only) % falls into.



Dividend 15 Split II 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).

Dividend 15 Split II's annualized Net Interest Margin (Bank Only) % for the fiscal year that ended in Nov. 2023 is calculated as

Net Interest Margin (Bank Only) %(A: Nov. 2023 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (A: Nov. 2022 ) + Earning Assets (A: Nov. 2023 ))/ count )
=1.955/( (0 + 0)/ 1 )
=1.955/0
=N/A %

where

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

Earning Assets(A: Nov. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 0 + 0
=0

Dividend 15 Split II's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Nov. 2022 is calculated as

Net Interest Margin (Bank Only) %(Q: Nov. 2022 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (Q: May. 2022 ) + Earning Assets (Q: Nov. 2022 ))/ count )
=1.06/( (0 + 0)/ 1 )
=1.06/0
=N/A %

where

Earning Assets(Q: May. 2022 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 0 + 0
=0

Earning Assets(Q: Nov. 2022 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 0 + 0
=0

* 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 two times the semi-annual (Nov. 2022) net interest income data. Net Interest Margin (Bank Only) % is displayed in the 30-year financial page for Banks.


Dividend 15 Split II  (TSX:DF) 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.


Dividend 15 Split II Net Interest Margin (Bank Only) % Related Terms

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Dividend 15 Split II (TSX:DF) Business Description

Traded in Other Exchanges
Address
200 Front Street West, Suite 2510, P.O Box 51, Toronto, ON, CAN, M5V 3K2
Dividend 15 Split Corp II is a Canadian-based mutual fund corporation. The company invests in an actively managed portfolio of common shares comprised of large-capitalization dividend-yielding Canadian companies. Its investment objective for preferred shareholders is to provide fixed, cumulative, preferential quarterly cash distributions and to return the original issue price at maturity, and for class A shares holders are to provide monthly cash distributions and the opportunity for growth in Net Asset Value per share.

Dividend 15 Split II (TSX:DF) Headlines

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