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Gouverneur Bancorp (Gouverneur Bancorp) ROE %

: 1.65% (As of Dec. 2023)
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ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Gouverneur Bancorp's annualized net income for the quarter that ended in Dec. 2023 was $0.47 Mil. Gouverneur Bancorp's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $28.58 Mil. Therefore, Gouverneur Bancorp's annualized ROE % for the quarter that ended in Dec. 2023 was 1.65%.

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

GOVB' s ROE % Range Over the Past 10 Years
Min: 1.27   Med: 4.69   Max: 6.75
Current: 1.56

During the past 12 years, Gouverneur Bancorp's highest ROE % was 6.75%. The lowest was 1.27%. And the median was 4.69%.

GOVB's ROE % is ranked worse than
92.13% of 1461 companies
in the Banks industry
Industry Median: 9.96 vs GOVB: 1.56

Gouverneur Bancorp ROE % Historical Data

The historical data trend for Gouverneur 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.

Gouverneur Bancorp Annual Data
Trend Sep00 Sep01 Sep02 Sep03 Sep04 Sep05 Sep06 Sep07 Sep22 Sep23
ROE %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.64 6.75 4.68 6.75 1.27

Gouverneur Bancorp Quarterly Data
Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
ROE % 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 Premium Member Only Premium Member Only Premium Member Only 6.46 0.74 3.53 1.32 1.65

Competitive Comparison

For the Banks - Regional subindustry, Gouverneur 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.


Gouverneur Bancorp ROE % Distribution

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

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



Gouverneur Bancorp ROE % Calculation

Gouverneur Bancorp's annualized ROE % for the fiscal year that ended in Sep. 2023 is calculated as

ROE %=Net Income (A: Sep. 2023 )/( (Total Stockholders Equity (A: Sep. 2022 )+Total Stockholders Equity (A: Sep. 2023 ))/ count )
=0.317/( (24.829+25.108)/ 2 )
=0.317/24.9685
=1.27 %

Gouverneur Bancorp's annualized ROE % for the quarter that ended in Dec. 2023 is calculated as

ROE %=Net Income (Q: Dec. 2023 )/( (Total Stockholders Equity (Q: Sep. 2023 )+Total Stockholders Equity (Q: Dec. 2023 ))/ count )
=0.472/( (25.108+32.059)/ 2 )
=0.472/28.5835
=1.65 %

* 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 (Dec. 2023) net income data. ROE % is displayed in the 30-year financial page.


Gouverneur Bancorp  (OTCPK:GOVB) 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: Dec. 2023 )
=Net Income/Total Stockholders Equity
=0.472/28.5835
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(0.472 / 7.756)*(7.756 / 205.415)*(205.415 / 28.5835)
=Net Margin %*Asset Turnover*Equity Multiplier
=6.09 %*0.0378*7.1865
=ROA %*Equity Multiplier
=0.23 %*7.1865
=1.65 %

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: Dec. 2023 )
=Net Income/Total Stockholders Equity
=0.472/28.5835
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (0.472 / 0.404) * (0.404 / 7.756) * (7.756 / 205.415) * (205.415 / 28.5835)
= Tax Burden * Pretax Margin % * Asset Turnover * Equity Multiplier
= 1.1683 * 5.21 % * 0.0378 * 7.1865
=1.65 %

Note: The net income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) 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.


Gouverneur Bancorp ROE % Related Terms

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


Gouverneur Bancorp (Gouverneur Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
42 Church Street, Gouverneur, NY, USA, 13642
Gouverneur Bancorp Inc principal activities are to accept deposits from the public and utilize those funds in loans, debt obligations which are issued by the United States government and its agencies and mortgage-backed securities. The group serves individuals and businesses in St. Lawrence, Jefferson, and Lewis Counties in New York State. The company operates through its subsidiary Gouverneur Savings and Loan Association. The bank offers commercial, non-mortgage loans to local businesses for working capital, machinery and equipment purchases, expansion and other business purposes.
Executives
Timothy J Monroe director 42 CHURCH STREET, PO BOX 297, GOVENEUR NY 13642-0297
Henry J Leader director 42 CHURCH STREET, PO BOX 297, GOUVERNEUR NY 13642
David Claren Mcclure director C/O GOUVERNEUR BANCORP, INC., 42 CHURCH STREET, GOUVERNEUR DC 13642
Clara Pistolesi Cummings director C/O GOUVERNEUR BANCORP, INC., 42 CHURCH STREET, GOUVERNEUR DC 13642
Chad Brian Soper director C/O GOUVERNEUR BANCORP, INC., 42 CHURCH STREET, GOUVERNEUR DC 13642
Amy Marie Rapholz director C/O GOUVERNEUR BANCORP, INC., 42 CHURCH STREET, GOUVERNEUR DC 13642
John Neil Mason director C/O GOUVERNEUR BANCORP, INC., 42 CHURCH STREET, GOUVERNEUR NY 13642
Kimberly Ann Adams officer: VP and CFO C/O GOUVERNEUR BANCORP, INC., 42 CHURCH STREET, GOUVERNEUR NY 13642
Taylor James Robbins officer: Executive Vice President C/O GOUVERNEUR BANCORP, INC., 42 CHURCH STREET, GOUVERNEUR NY 13642
Sadie May Hall officer: VP & Compliance Officer C/O GOUVERNEUR BANCORP, INC., 42 CHURCH STREET, GOUVERNEUR NY 13642
Van Vleet Charles C Jr director, officer: President & CEO C/O GOUVERNEUR SAVINGS LOAN ASSOC, 42 CHURCH ST. BOX 297, GOUVERNEUR NY 13642-0297
Victor Alan James officer: VP & COO C/O GOUVERNEUR BANCORP, INC., 42 CHURCH STREET, GOUVERNEUR NY 13642

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