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IBERIABANK (IBERIABANK) ROE % : 3.36% (As of Mar. 2020)


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What is IBERIABANK ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. IBERIABANK's annualized net income for the quarter that ended in Mar. 2020 was $146 Mil. IBERIABANK's average Total Stockholders Equity over the quarter that ended in Mar. 2020 was $4,342 Mil. Therefore, IBERIABANK's annualized ROE % for the quarter that ended in Mar. 2020 was 3.36%.

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

IBKC's ROE % is not ranked *
in the Banks industry.
Industry Median: 9.7
* Ranked among companies with meaningful ROE % only.

IBERIABANK ROE % Historical Data

The historical data trend for IBERIABANK'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.

IBERIABANK ROE % Chart

IBERIABANK Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.57 6.87 4.29 9.55 9.15

IBERIABANK Quarterly Data
Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20
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 9.77 9.70 9.37 7.66 3.36

Competitive Comparison of IBERIABANK's ROE %

For the Banks - Regional subindustry, IBERIABANK'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.


IBERIABANK's ROE % Distribution in the Banks Industry

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

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



IBERIABANK ROE % Calculation

IBERIABANK's annualized ROE % for the fiscal year that ended in Dec. 2019 is calculated as

ROE %=Net Income (A: Dec. 2019 )/( (Total Stockholders Equity (A: Dec. 2018 )+Total Stockholders Equity (A: Dec. 2019 ))/ count )
=384.155/( (4056.277+4336.734)/ 2 )
=384.155/4196.5055
=9.15 %

IBERIABANK's annualized ROE % for the quarter that ended in Mar. 2020 is calculated as

ROE %=Net Income (Q: Mar. 2020 )/( (Total Stockholders Equity (Q: Dec. 2019 )+Total Stockholders Equity (Q: Mar. 2020 ))/ count )
=145.7/( (4336.734+4347.107)/ 2 )
=145.7/4341.9205
=3.36 %

* 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. 2020) net income data. ROE % is displayed in the 30-year financial page.


IBERIABANK  (NAS:IBKC) 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: Mar. 2020 )
=Net Income/Total Stockholders Equity
=145.7/4341.9205
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(145.7 / 1165.42)*(1165.42 / 31976.7165)*(31976.7165 / 4341.9205)
=Net Margin %*Asset Turnover*Equity Multiplier
=12.5 %*0.0364*7.3646
=ROA %*Equity Multiplier
=0.46 %*7.3646
=3.36 %

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: Mar. 2020 )
=Net Income/Total Stockholders Equity
=145.7/4341.9205
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (145.7 / 194.4) * (194.4 / 1165.42) * (1165.42 / 31976.7165) * (31976.7165 / 4341.9205)
= Tax Burden * Pretax Margin % * Asset Turnover * Equity Multiplier
= 0.7495 * 16.68 % * 0.0364 * 7.3646
=3.36 %

Note: The net income data used here is four times the quarterly (Mar. 2020) net income data. The Revenue data used here is four times the quarterly (Mar. 2020) 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.


IBERIABANK ROE % Related Terms

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


IBERIABANK (IBERIABANK) Business Description

Traded in Other Exchanges
N/A
Address
200 West Congress Street, Lafayette, LA, USA, 70501
Iberiabank is a bank holding company that concentrates on commercial banking in the southeastern United States. In addition, the company provides other comprehensive financial services, including retail banking, private banking, and mortgages. The company's strategy emphasizes growth, organically and through acquisitions. The company also emphasizes efficient operations through expense reduction and revenue enhancement. Iberiabank, the company's bank subsidiary, has hundreds of locations. Most of its income is net interest income. Nearly half of its commercial loan portfolio is in real estate.
Executives
Shea E Stewart Iii director 200 WEST CONGRESS STREET, LAFAYETTE LA 70501
Kemp Sr James Michael director 200 WEST CONGRESS STREET, LAFAYETTE LA 70501
Monica R. Sylvain officer: EVP, Chief Diversity Officer 200 WEST CONGRESS STREET, LAFAYETTE LA 70501
Nicolas Young officer: EVP, CHIEF CREDIT OFFICER 200 WEST CONGRESS STREET, LAFAYETTE LA 70501
Fernando Perez-hickman officer: VICE CHAIRMAN 200 WEST CONGRESS STREET, LAFAYETTE LA 70501
Ricky E Maples director 200 WEST CONGRESS STREET, LAFAYETTE LA 70501
J Randolph Bryan officer: EVP, Dir of Bus Transformation 200 WEST CONGRESS STREET, LAFAYETTE LA 70501
Michael Scott Price officer: CHIEF ACCOUNTING OFFICER 200 WEST CONGRESS STREET, LAFAYETTE LA 70501
Worley Robert Bruce Jr officer: EVP, GENERAL COUNSEL 200 WEST CONGRESS STREET, LAFAYETTE LA 70501
Terry Lawson Akins officer: SEVP, CHIEF RISK OFFICER 200 WEST CONGRESS STREET, LAFAYETTE LA 70501
Elizabeth A Ardoin officer: SR EXECUTIVE VICE PRESIDENT 200 WEST CONGRESS STREET, LAFAYETTE LA 70501
Rosa Sugranes director 2975 N.W. 77TH AVE, DORAL FL 33132
Anthony J Restel officer: VICE CHAIRMAN, CFO 200 WEST CONGRESS STREET, LAFAYETTE LA 70501
Jefferson G Parker officer: VICE CHAIRMAN 200 WEST CONGRESS STREET, LAFAYETTE LA 70501
William H Fenstermaker director 200 WEST CONGRESS STREET, LAFAYETTE LA 70501