Sentences with phrase «for net interest margin»

Directed a team comprised of five senior managers in the development of a $ 183 million budget for a commercial credit business, maintaining responsibility for net interest margin (NIM) and net income results.

Last year, I highlighted 2.00 % as a decent target for net interest margin (NIM).

Not exact matches

Net interest income totaled $ 11.17 billion for the first quarter, while net interest margin came in at 2.64 perceNet interest income totaled $ 11.17 billion for the first quarter, while net interest margin came in at 2.64 percenet interest margin came in at 2.64 percent.

Net interest margins have contracted slightly (which means less profit for the bank in terms of its lending interest versus its borrow interest).

2 Source: Federal Reserve Economic Research & Data, International Finance Discussion Notes, «Low - for - long»: Interest Rates and Net Interest Margins of Banks in Advanced Foreign Economies», April 11, 2016.

Case in point: Wells Fargo recently reported that its net interest margin fell below 3 % for the first time in at least a decade.

Though an improving economy later this year could lead to a pickup in loan demand and raise earnings potential for banks, it's true that traditional banks are struggling with low rates and declining net interest margins.

Net interest margins (NIM)- the difference between interest paid and earned by banks and a key gauge of profitability - are trending up for ICBC and CCB and have done so for the last four quarters.

The Revolving Credit Facility provides for a revolving total commitment of $ 50.0 million and bears interest, at our option, at either the prime rate or LIBOR plus, in each case, an applicable margin determined according to a grid based on a net funded debt to Adjusted EBITDA ratio.

Two sector trends stand out globally: steeper yield curves and improving net interest margins have boosted profits for global financials, while long - term demand trends lifted technology revenues.

The outlook for Mexico's large banks remains stable, despite exposure to Pemex, with improving net interest margins.

These positive earnings drivers were more than offset by the combined impact of several factors, including increased energy - related provisions for credit losses, a 17 basis point decline in net interest margin, moderate growth of non-interest expenses, the addition of acquisition - related contingent consideration fair value changes reflecting performance within CWB Maxium Financial (CWB Maxium), higher preferred share dividends, and the 20 % increase to CWB's income tax rate in Alberta.

Comparing net interest margins for these loans and the loans made by banks, Bloomberg estimates that the six largest banks made $ 4.8 billion in profit from these loans — equal to 23 percent of their combined net income during those two years.»

While we expect one more interest rate hike this year given Fed Chairwoman Janet Yellen's most recent comments at Jackson Hole, financials may benefit from widening net interest margins (the spread between what banks make on loans and what they pay for deposits.)

The first episode in this continuing discussion involved calculating the net interest margin for the major Australian banks and seeing how it has moved since deregulation.

In our midyear outlook, Kurt Reiman, BlackRock's chief investment strategist noted his preference for Canadian financials in part because of the potential positive that further rate hikes could have on the net interest margins of the country's big banks.

The prospect for steeper yield curves boost banks» net interest margins — the gap between lending and deposit rates.

In our midyear outlook, Kurt Reiman, BlackRock's chief investment strategist noted his preference for Canadian financials in part because of the potential positive that further rate hikes could have on the net interest margins of the country's big banks.

The Fed's decision to hike benchmark interest rates last December, and again this March, arrested the steady decline in net interest margin figures for the largest U.S. banks in Q1.

For example, changes in interest rates could adversely affect net interest margin — the difference between the yield the bank earns on assets and the interest rate it pays for deposits and other sources of funding — which could in turn affect earninFor example, changes in interest rates could adversely affect net interest margin — the difference between the yield the bank earns on assets and the interest rate it pays for deposits and other sources of funding — which could in turn affect earninfor deposits and other sources of funding — which could in turn affect earnings.

The Corporate and Eliminations segment includes net interest margin and gains or losses relating to mortgage loans for investment, real estate and residual interests in securitizations, along with interest expense on borrowings, other corporate expenses and eliminations of intercompany activities.

For example, if you have $ 3,000 in margin interest but net investment income of only $ 1,000, you can only deduct the $ 1,000 in investment interest in the current year.

The result is a rising net interest margin, which is a key component for earnings growth for banks.

An important metric for bankers and their shareholders is something called «net interest margin.»

Matt Barasch, Canadian equity strategist at RBC Capital Markets, noted that Canadian banks, which account for nearly a quarter of the weighting in the benchmark equity index, generate approximately half of their average earnings from net interest margins.

Now, let's approach it another way — if we take the 11 operating margin, deduct 1 for net interest & 3 for a 30 % tax rate, we end up with a 7 net profit.

I'd much rather have Capital One's 6.5 % net interest margin than Wells Fargo's 3 %, even if they're paying slightly more for their deposits.