Sentences with phrase «net interest margin of»

Federal Bank, a mid-sized private sector lender, is targeting a net interest margin of 3.25 percent in the fiscal year that began in April by focusing on growing its books, improving loan recovery and deposit portfolio, its chief executive...
We improved on our balance sheet management and pricing, thus ensuring a strong 19 % growth in interest income as well as an enhanced net interest margin of 6.3 %.
In its report on 2014 U.S. bank performance, the FDIC said the Q4 / 14 average net interest margin of 3.12 % was the lowest quarterly average margin since the 3.11 % reported in Q3 / 1989.
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.
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.
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.
A low rate or falling rate environment tends to expand the net interest margins of mREITs, while a rising rate environment tends to shrink their margins.

Not exact matches

«There are lots of other things like slowing growth, and net interest margins that won't get going, and the brouhaha over trying to outsource 45 jobs.»
However, Citigroup's net interest income and margin fell just short of expectations.
Net interest margins have contracted slightly (which means less profit for the bank in terms of its lending interest versus its borrow interest).
The bank's net interest margin (NIM)- the difference between interest paid and earned - was 1.85 percent at the end of March, up from 1.84 percent at the end of December.
Under the Bonus Plan, our compensation committee, in its sole discretion, determines the performance goals applicable to awards, which goals may include, without limitation: attainment of research and development milestones, sales bookings, business divestitures and acquisitions, cash flow, cash position, earnings (which may include any calculation of earnings, including but not limited to earnings before interest and taxes, earnings before taxes, earnings before interest, taxes, depreciation and amortization and net earnings), earnings per share, net income, net profit, net sales, operating cash flow, operating expenses, operating income, operating margin, overhead or other expense reduction, product defect measures, product release timelines, productivity, profit, return on assets, return on capital, return on equity, return on investment, return on sales, revenue, revenue growth, sales results, sales growth, stock price, time to market, total stockholder return, working capital, and individual objectives such as MBOs, peer reviews, or other subjective or objective criteria.
China's biggest lenders are in the midst of a revival, posting faster profit growth and generally healthier net interest margins after years of rising bad debt as economic growth slowed down.
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.
Examples of forward - looking statements include, but are not limited to, statements we make regarding the Company's plans, assumptions, expectations, beliefs and objectives with respect to store openings and closings; product introductions; sales; sales growth; sales trends; store traffic; retail prices; gross margin; operating margin; expenses; interest and other expenses, net; effective income tax rate; net earnings and net earnings per share; share count; inventories; capital expenditures; cash flow; liquidity; currency translation; growth opportunities; litigation outcomes and recovery related thereto; the collectability of amounts due under financing arrangements with diamond mining and exploration companies; and certain ongoing or planned product, marketing, retail, manufacturing, information systems development, upgrades and replacement, and other operational and strategic initiatives.
Year - to - date PTPP earnings of $ 165.9 million increased 6 % as the positive impact of very strong 9 % loan growth was partially offset by an 11 basis point decrease in net interest margin, an 8 % increase in non-interest expenses and 6 % lower non-interest income.
Growth of 7 % in net interest income (teb) was driven by very strong 13 % loan growth, partially offset by the impact of a 13 basis point reduction in net interest margin (teb) to 2.43 %.
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.
PTPP earnings were 4 % higher, reflecting the combined benefits of very strong 4 % loan growth, a 32 % increase in non-interest income and relatively stable net interest margin, partially offset by higher non-interest expenses.
Compared to last quarter, net income available to common shareholders increased 3 %, reflecting the combined positive impacts of 9 % higher other income and very strong loan growth, partially offset by an eight basis point reduction in net interest margin.
Compared to last quarter, net income available to common shareholders increased 8 % ($ 3.7 million) as positive contributions from $ 9.3 million higher net insurance revenues, 2 % quarterly loan growth and a stable net interest margin were partially offset by a $ 4.7 million decline in net gains on securities and a $ 2.5 million reduction in the «other» component of other income.
Growth in net interest income was driven by strong loan growth, partially offset by the impact of a nine basis point reduction in net interest margin (teb) to 2.70 %.
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.»
The volume of customer loans grew by 2.2 % to $ 83.3 billion ($ 107 billion), and fee and commission income rose from $ 1.47 billion to $ 1.52 billion, but net interest income declined marginally to $ 47 billion as margins eroded across the region.
Net interest margin fell nine bps to 3.43 percent from last quarter because of lower rates on new securities and loans.
SunTrust's net interest income rose $ 5 million to $ 1.24 billion from a year ago while net interest margin rose to 3.25 percent from 3.19 percent because of loan growth and an additional day in the quarter.
In addition to the «Trump trade», US banking stocks have also rallied since the Federal Reserve raised interest rates in December and strongly suggested it would do so a further three times during 2017, thus raising hopes of stronger net - interest margins lying ahead.
The net interest margin stabilized at 7 %, even as yields on treasury assets dropped in the last quarter of 2017.
Net interest margin is similar to Net Interest rate spread in that both refer to the percent a company earns on assets once the cost of borrowing those assets is taken into account, but Net Interest Rate Spread is a hypothetical number that a company could earn if all assets were borrowed and invested at the goininterest margin is similar to Net Interest rate spread in that both refer to the percent a company earns on assets once the cost of borrowing those assets is taken into account, but Net Interest Rate Spread is a hypothetical number that a company could earn if all assets were borrowed and invested at the goinInterest rate spread in that both refer to the percent a company earns on assets once the cost of borrowing those assets is taken into account, but Net Interest Rate Spread is a hypothetical number that a company could earn if all assets were borrowed and invested at the goinInterest Rate Spread is a hypothetical number that a company could earn if all assets were borrowed and invested at the going rates.
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 earnings.
Slowing loan growth has been offset in recent periods by rising net interest margins, as a result of the repricing of interest only and investment property mortgage rates.
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.
This can be directly traced back to the current 1.20 % net interest margin — which has been horribly affected by B / I's elevated cost of funding.
The net interest margin (on a tax - equivalent basis) was 3.48 % in both the third quarter of 2017 and second quarter of 2017, compared to 3.58 % in the third quarter of 2016.
(3) The net interest margin (on a tax - equivalent basis) in the third quarter of 2017, compared to the second quarter of 2017, was compressed due to an increase in the investment securities portfolio funded by an increase in average borrowings and time deposits.
The net interest margin was 3.40 % in the third quarter of 2017, compared to 3.41 % in the second quarter of 2017 and 3.49 % in the third quarter of 2016.
Of course, Digicel's interest burden is a primary driver of its cumulative losses — a huge contrast to MTN, which has consistently converted 40 % + of its EBITDA margins into steadily increasing net income (a cumulative $ 5.3 billion in the last 3 yearsOf course, Digicel's interest burden is a primary driver of its cumulative losses — a huge contrast to MTN, which has consistently converted 40 % + of its EBITDA margins into steadily increasing net income (a cumulative $ 5.3 billion in the last 3 yearsof its cumulative losses — a huge contrast to MTN, which has consistently converted 40 % + of its EBITDA margins into steadily increasing net income (a cumulative $ 5.3 billion in the last 3 yearsof its EBITDA margins into steadily increasing net income (a cumulative $ 5.3 billion in the last 3 years).
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.
Balmoral International Land, DCC, Fyffes, Greencore, Margin of Safety, Net Interest / EBITA, pdosullivan, Total Produce, value investing, valuestockinquisition
[Plus we should think about net interest — currently at 10 % of total operating margin, but more than double that percentage in relation to operating free cash flow.
As a proven visionary and strategic leader with over 20 years of healthcare and clinical laboratory experience translating innovative solutions to achieve optimal net margin while aligning interests of patients, clinicians, employees, customers, the public, and boards of directors, I will have an immediat...
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.
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