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Commercial International Bank - Egypt CIB (Commercial International Bank - Egypt CIB) ROE % : 49.06% (As of Jun. 2023)


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What is Commercial International Bank - Egypt CIB ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Commercial International Bank - Egypt CIB's annualized net income for the quarter that ended in Jun. 2023 was $1,034 Mil. Commercial International Bank - Egypt CIB's average Total Stockholders Equity over the quarter that ended in Jun. 2023 was $2,108 Mil. Therefore, Commercial International Bank - Egypt CIB's annualized ROE % for the quarter that ended in Jun. 2023 was 49.06%.

The historical rank and industry rank for Commercial International Bank - Egypt CIB's ROE % or its related term are showing as below:

CIBEY' s ROE % Range Over the Past 10 Years
Min: 18.39   Med: 28.79   Max: 34.22
Current: 31.42

During the past 13 years, Commercial International Bank - Egypt CIB's highest ROE % was 34.22%. The lowest was 18.39%. And the median was 28.79%.

CIBEY's ROE % is ranked better than
96.5% of 1459 companies
in the Banks industry
Industry Median: 9.88 vs CIBEY: 31.42

Commercial International Bank - Egypt CIB ROE % Historical Data

The historical data trend for Commercial International Bank - Egypt CIB'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.

Commercial International Bank - Egypt CIB ROE % Chart

Commercial International Bank - Egypt CIB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.57 18.60 20.68 18.34 30.79

Commercial International Bank - Egypt CIB Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Dec23
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 26.65 21.06 33.18 49.06 -

Competitive Comparison of Commercial International Bank - Egypt CIB's ROE %

For the Banks - Regional subindustry, Commercial International Bank - Egypt CIB'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.


Commercial International Bank - Egypt CIB's ROE % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Commercial International Bank - Egypt CIB's ROE % distribution charts can be found below:

* The bar in red indicates where Commercial International Bank - Egypt CIB's ROE % falls into.



Commercial International Bank - Egypt CIB ROE % Calculation

Commercial International Bank - Egypt CIB's annualized ROE % for the fiscal year that ended in Dec. 2023 is calculated as

ROE %=Net Income (A: Dec. 2023 )/( (Total Stockholders Equity (A: Dec. 2022 )+Total Stockholders Equity (A: Dec. 2023 ))/ count )
=858.65/( (2750.355+2826.75)/ 2 )
=858.65/2788.5525
=30.79 %

Commercial International Bank - Egypt CIB's annualized ROE % for the quarter that ended in Jun. 2023 is calculated as

ROE %=Net Income (Q: Jun. 2023 )/( (Total Stockholders Equity (Q: Mar. 2023 )+Total Stockholders Equity (Q: Jun. 2023 ))/ count )
=1034.264/( (1998.672+2217.606)/ 2 )
=1034.264/2108.139
=49.06 %

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


Commercial International Bank - Egypt CIB  (OTCPK:CIBEY) 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: Jun. 2023 )
=Net Income/Total Stockholders Equity
=1034.264/2108.139
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1034.264 / 1929.116)*(1929.116 / 24031.28)*(24031.28 / 2108.139)
=Net Margin %*Asset Turnover*Equity Multiplier
=53.61 %*0.0803*11.3993
=ROA %*Equity Multiplier
=4.3 %*11.3993
=49.06 %

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: Jun. 2023 )
=Net Income/Total Stockholders Equity
=1034.264/2108.139
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (1034.264 / 1427.108) * (1427.108 / 1929.116) * (1929.116 / 24031.28) * (24031.28 / 2108.139)
= Tax Burden * Pretax Margin % * Asset Turnover * Equity Multiplier
= 0.7247 * 73.98 % * 0.0803 * 11.3993
=49.06 %

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


Commercial International Bank - Egypt CIB ROE % Related Terms

Thank you for viewing the detailed overview of Commercial International Bank - Egypt CIB's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Commercial International Bank - Egypt CIB (Commercial International Bank - Egypt CIB) Business Description

Traded in Other Exchanges
Address
21/23 Charles De Gaulle Street, Nile Tower Building, Giza, EGY
Commercial International Bank - Egypt CIB provides retail, corporate, and investment banking services. It has Retail banking division under that it has the Consumer Banking Division is the core engine to CIB's dynamic service offering, providing a broad range of retail clients in different customer segments, an extensive bundle of products and services tailored to satisfy their needs. The Business Banking segment serves over seventy seven thousand SMEs. The division works with clients across the industry, providing market-leading services and innovative, bespoke solutions for small and medium enterprises as it works to cement CIB's position as a bank of choice for business owners.

Commercial International Bank - Egypt CIB (Commercial International Bank - Egypt CIB) Headlines

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