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Anchor Bancorp (Anchor Bancorp) ROE % : 7.56% (As of Sep. 2018)


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What is Anchor Bancorp ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Anchor Bancorp's annualized net income for the quarter that ended in Sep. 2018 was $5.15 Mil. Anchor Bancorp's average Total Stockholders Equity over the quarter that ended in Sep. 2018 was $68.06 Mil. Therefore, Anchor Bancorp's annualized ROE % for the quarter that ended in Sep. 2018 was 7.56%.

The historical rank and industry rank for Anchor Bancorp's ROE % or its related term are showing as below:

ANCB's ROE % is not ranked *
in the Banks industry.
Industry Median: 9.68
* Ranked among companies with meaningful ROE % only.

Anchor Bancorp ROE % Historical Data

The historical data trend for Anchor Bancorp's ROE % 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.

Anchor Bancorp ROE % Chart

Anchor Bancorp Annual Data
Trend Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.80 16.74 0.78 3.64 3.29

Anchor Bancorp Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.30 -8.50 8.45 6.95 7.56

Competitive Comparison of Anchor Bancorp's ROE %

For the Banks - Regional subindustry, Anchor Bancorp's ROE %, along with its competitors' market caps and ROE % 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.


Anchor Bancorp's ROE % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Anchor Bancorp's ROE % distribution charts can be found below:

* The bar in red indicates where Anchor Bancorp's ROE % falls into.



Anchor Bancorp ROE % Calculation

Anchor Bancorp's annualized ROE % for the fiscal year that ended in Jun. 2018 is calculated as

ROE %=Net Income (A: Jun. 2018 )/( (Total Stockholders Equity (A: Jun. 2017 )+Total Stockholders Equity (A: Jun. 2018 ))/ count )
=2.191/( (65.851+67.444)/ 2 )
=2.191/66.6475
=3.29 %

Anchor Bancorp's annualized ROE % for the quarter that ended in Sep. 2018 is calculated as

ROE %=Net Income (Q: Sep. 2018 )/( (Total Stockholders Equity (Q: Jun. 2018 )+Total Stockholders Equity (Q: Sep. 2018 ))/ count )
=5.148/( (67.444+68.676)/ 2 )
=5.148/68.06
=7.56 %

* 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.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Sep. 2018) net income data. ROE % is displayed in the 30-year financial page.


Anchor Bancorp  (NAS:ANCB) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Sep. 2018 )
=Net Income/Total Stockholders Equity
=5.148/68.06
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(5.148 / 23.104)*(23.104 / 474.267)*(474.267 / 68.06)
=Net Margin %*Asset Turnover*Equity Multiplier
=22.28 %*0.0487*6.9684
=ROA %*Equity Multiplier
=1.09 %*6.9684
=7.56 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Sep. 2018 )
=Net Income/Total Stockholders Equity
=5.148/68.06
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (5.148 / 7.384) * (7.384 / 23.104) * (23.104 / 474.267) * (474.267 / 68.06)
= Tax Burden * Pretax Margin % * Asset Turnover * Equity Multiplier
= 0.6972 * 31.96 % * 0.0487 * 6.9684
=7.56 %

Note: The net income data used here is four times the quarterly (Sep. 2018) net income data. The Revenue data used here is four times the quarterly (Sep. 2018) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Anchor Bancorp ROE % Related Terms

Thank you for viewing the detailed overview of Anchor Bancorp's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Anchor Bancorp (Anchor Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
Anchor Bancorp is a bank holding company for Anchor Bank. Bancorp operates through its holding Anchor Bank which is a community-based savings bank that serves Western Washington through its full-service banking offices (including one Wal-Mart in-store location) located within Grays Harbor, Thurston, Lewis, Pierce and Mason counties, and one loan production office located in King County, Washington. Bancorp's business is to attract deposits from the public and utilize those deposits to originate loans. It offers commercial and multi-family real estate loans and also offers loans for the construction of one-to-four family residences, as well as consumer loans.
Executives
Matthew F Moran officer: Exec VP, CCO of the Bank C/O SOUND FINANCIAL INC, 2005 FIFTH AVENUE 2ND FLOOR, SEATTLE WA 98121
Gordon Sheridan Stephenson director C/O ZILLOW GROUP, INC., 1301 SECOND AVENUE, FLOOR 31, SEATTLE WA 98101

Anchor Bancorp (Anchor Bancorp) Headlines

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Anchor Bancorp (ANCB) Chairman of the Board Robert D Ruecker buys 15,500 Shares

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Anchor Bancorp (ANCB) Vice Chairman of the Board Douglas A Kay buys 1,000 Shares

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Anchor Bancorp (ANCB) CEO Jerald L Shaw buys 15,000 Shares

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