* 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.
Competitive Comparison of Eastern Virginia Bankshares's ROE %
For the Banks - Regional subindustry, Eastern Virginia Bankshares'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.
Eastern Virginia Bankshares's ROE % Distribution in the Banks Industry
For the Banks industry and Financial Services sector, Eastern Virginia Bankshares's ROE % distribution charts can be found below:
* The bar in red indicates where Eastern Virginia Bankshares's ROE % falls into.
* 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 (Mar. 2017) net income data.
ROE % is displayed in the 30-year financial page.
Eastern Virginia Bankshares (NAS:EVBS) 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:
Note:
The net income data used here is four times the quarterly (Mar. 2017) net income data. The Revenue data used here is four times the quarterly (Mar. 2017) 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.
Eastern Virginia Bankshares ROE % Related Terms
Thank you for viewing the detailed overview of Eastern Virginia Bankshares's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.
Eastern Virginia Bankshares (Eastern Virginia Bankshares) Business Description
Eastern Virginia Bankshares Inc a Virginia corporation was incorporated on September 5, 1997. The Company is a bank holding company. Through its wholly-owned bank subsidiary, EVB, it operates 21 full service branches and 2 drive-in facilities in eastern Virginia. EVB is a community bank targeting small to medium-sized businesses and consumers in its traditional coastal plain markets and the emerging suburbs outside of the Richmond and Greater Tidewater areas. It provides personal and commercial banking services including commercial, consumer and real estate loans. It also provides retail and commercial deposit products and fee-based services. The Company's markets are located east of U.S. Route 250 and extend from northeast of Richmond to the Chesapeake Bay in central Virginia and across the James River from Colonial Heights to southeastern Virginia. It has four primary market areas: Northern Neck, Middle Peninsula, Capital or suburbs of Richmond and Southern. The Company's Northern Neck and Middle Peninsula regions are in the eastern coastal plain of Virginia. The Company's Capital region is comprised of Hanover, Henrico, King William counties and Colonial Heights which are emerging suburbs of Richmond. The Company's Southern region is comprised of New Kent, Surry, Sussex, and Southampton counties. The Company provides lending and credit services to customers including mortgage, commercial and consumer loans. A substantial portion of the loan portfolio is represented by mortgage loans in the Company's market area. It competes with national and regional financial institutions, savings associations and other independent community banks, as well as credit unions, mutual funds and life insurance companies. The Company is subject to the supervision of, the Board of Governors of the Federal Reserve System and the Federal Reserve Bank of Richmond.
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