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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. Bank of New York Mellon's annualized Net Interest Income (for Banks) for the quarter that ended in Dec. 2024 was $4,776 Mil. Bank of New York Mellon's average earning assets for the quarter that ended in Dec. 2024 was $263,456 Mil. Therefore, Bank of New York Mellon's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Dec. 2024 was 1.81%.
The historical data trend for Bank of New York Mellon'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.
Bank of New York Mellon Annual Data | |||||||||||||||||||||
Trend | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | Dec24 | |||||||||||
Net Interest Margin (Bank Only) % | Get a 7-Day Free Trial |
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1.24 | 0.98 | 1.34 | 1.80 | 1.72 |
Bank of New York Mellon Quarterly Data | ||||||||||||||||||||
Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | Dec24 | Mar25 | |
Net Interest Margin (Bank Only) % | Get a 7-Day Free Trial |
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1.70 | 1.65 | 1.64 | 1.81 | 1.74 |
For the Banks - Diversified subindustry, Bank of New York Mellon'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.
For the Banks industry and Financial Services sector, Bank of New York Mellon's Net Interest Margin (Bank Only) % distribution charts can be found below:
* The bar in red indicates where Bank of New York Mellon's Net Interest Margin (Bank Only) % falls into.
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).
Bank of New York Mellon's annualized Net Interest Margin (Bank Only) % for the fiscal year that ended in Dec. 2024 is calculated as
Net Interest Margin (Bank Only) % | (A: Dec. 2024 ) | |||||
= | (Interest Income + Interest Expense) | / | Average Earning Assets | |||
= | Net Interest Income (for Banks) | / | ( (Earning Assets (A: Dec. 2023 ) | + | Earning Assets (A: Dec. 2024 )) | / count ) |
= | 4312 | / | ( (235424 | + | 264613) | / 2 ) |
= | 4312 | / | 250018.5 | |||
= | 1.72 % |
where
Earning Assets | (A: Dec. 2023 ) | ||||
= | Money Market Investments | + | Net Loan | + | Securities & Investments |
= | 32320 | + | 65978 | + | 137126 |
= | 235424 |
Earning Assets | (A: Dec. 2024 ) | ||||
= | Money Market Investments | + | Net Loan | + | Securities & Investments |
= | 42545 | + | 70673 | + | 151395 |
= | 264613 |
Bank of New York Mellon's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Dec. 2024 is calculated as
Net Interest Margin (Bank Only) % | (Q: Dec. 2024 ) | |||||
= | (Interest Income + Interest Expense) | / | Average Earning Assets | |||
= | Net Interest Income (for Banks) | / | ( (Earning Assets (Q: Sep. 2024 ) | + | Earning Assets (Q: Dec. 2024 )) | / count ) |
= | 4776 | / | ( (262298 | + | 264613) | / 2 ) |
= | 4776 | / | 263455.5 | |||
= | 1.81 % |
where
Earning Assets | (Q: Sep. 2024 ) | ||||
= | Money Market Investments | + | Net Loan | + | Securities & Investments |
= | 37773 | + | 68554 | + | 155971 |
= | 262298 |
Earning Assets | (Q: Dec. 2024 ) | ||||
= | Money Market Investments | + | Net Loan | + | Securities & Investments |
= | 42545 | + | 70673 | + | 151395 |
= | 264613 |
* 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. 2024) net interest income data. Net Interest Margin (Bank Only) % is displayed in the 30-year financial page for Banks.
Bank of New York Mellon (NYSE:BK) 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.
Thank you for viewing the detailed overview of Bank of New York Mellon's Net Interest Margin (Bank Only) % provided by GuruFocus.com. Please click on the following links to see related term pages.
Catherine Keating | officer: Sr. Exec. Vice President | 75 STATE ST, BOSTON MA 02109 |
Kurtis R. Kurimsky | officer: Acting Controller | 225 LIBERTY STREET, NEW YORK NY 10286 |
J Kevin Mccarthy | director, officer: SEVP & General Counsel | THE BANK OF NEW YORK MELLON CORPORATION, 225 LIBERTY STREET, NEW YORK NY 10286 |
Hanneke Smits | officer: Sr. Exec. Vice President | 160 QUEEN VICTORIA STREET, THE BANK OF NEW YORK MELLON CENTRE, LONDON X0 EC4V 4LA |
Senthilkumar Santhanakrishnan | officer: Senior Exec VP | 240 GREENWICH STREET, NEW YORK NY 10286 |
Jayee Koffey | officer: Sr. Exec. Vice President | 240 GREENWICH STREET, NEW YORK NY 10286 |
Dermot Mcdonogh | officer: Sr. Executive Vice President | 240 GREENWICH STREET, NEW YORK NY 10286 |
Thomas P Gibbons | officer: Sr. Executive Vice President | THE BANK OF NEW YORK MELLON CORPORATION, 225 LIBERTY STREET, NEW YORK NY 10286 |
Sandie O'connor | director | C/O TEREX CORPORATION, 200 NYALA FARM ROAD, WESTPORT CT 06880 |
La Salla Francis J. | officer: Sr. Executive Vice President | 101 BARCLAY STREET, NEW YORK NY 10286 |
Jeffrey D Landau | officer: Sr. Exec Vice President | 200 PARK AVENUE, NEW YORK NY 10166 |
Marguerite Amy Gilliland | director | 2941 FAIRVIEW PARK DRIVE, FALLS CHURCH VA 22042 |
Kumara Guru Gowrappan | director | 1095 AVENUE OF THE AMERICAS, NEW YORK NY 10036 |
Robin A. Vince | officer: Vice Chair | 240 GREENWICH STREET, `, NEW YORK NY 10286 |
Ralph Izzo | director | PSEG 80 PARK PLAZA, T6B NEWARK NJ 07102-4194 |
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