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Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Capital Bank Financial's annualized Net Income for the quarter that ended in Sep. 2017 was $103.0 Mil. Capital Bank Financial's average total tangible assets for the quarter that ended in Sep. 2017 was $9,855.3 Mil. Therefore, Capital Bank Financial's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2017 was 1.05%.
The historical rank and industry rank for Capital Bank Financial's Return-on-Tangible-Asset or its related term are showing as below:
The historical data trend for Capital Bank Financial's Return-on-Tangible-Asset 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.
Capital Bank Financial Annual Data | |||||||||||||||||
Trend | Dec09 | Dec10 | Dec11 | Dec12 | Dec13 | Dec14 | Dec15 | Dec16 | |||||||||
Return-on-Tangible-Asset | Get a 7-Day Free Trial | 0.74 | 0.57 | 0.77 | 0.78 | 0.69 |
Capital Bank Financial Quarterly Data | ||||||||||||||||||||
Dec12 | Mar13 | Jun13 | Sep13 | Dec13 | Mar14 | Jun14 | Sep14 | Dec14 | Mar15 | Jun15 | Sep15 | Dec15 | Mar16 | Jun16 | Sep16 | Dec16 | Mar17 | Jun17 | Sep17 | |
Return-on-Tangible-Asset | Get a 7-Day Free Trial | 0.98 | 0.57 | 0.86 | 0.97 | 1.05 |
For the Banks - Regional subindustry, Capital Bank Financial's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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.
For the Banks industry and Financial Services sector, Capital Bank Financial's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Capital Bank Financial's Return-on-Tangible-Asset falls into.
Capital Bank Financial's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2016 is calculated as:
Return-on-Tangible-Asset | = | Net Income | / | ( (Total Tangible Assets | + | Total Tangible Assets) | / count ) |
(A: Dec. 2016 ) | (A: Dec. 2015 ) | (A: Dec. 2016 ) | |||||
= | Net Income | / | ( (Total Assets - Intangible Assets | + | Total Assets - Intangible Assets) | / count ) | |
(A: Dec. 2016 ) | (A: Dec. 2015 ) | (A: Dec. 2016 ) | |||||
= | 58.164 | / | ( (7299.857 | + | 9661.787) | / 2 ) | |
= | 58.164 | / | 8480.822 | ||||
= | 0.69 % |
Capital Bank Financial's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2017 is calculated as:
Return-on-Tangible-Asset | = | Net Income | / | ( (Total Tangible Assets | + | Total Tangible Assets) | / count ) |
(Q: Sep. 2017 ) | (Q: Jun. 2017 ) | (Q: Sep. 2017 ) | |||||
= | Net Income | / | ( (Total Assets - Intangible Assets | + | Total Assets - Intangible Assets) | / count ) | |
(Q: Sep. 2017 ) | (Q: Jun. 2017 ) | (Q: Sep. 2017 ) | |||||
= | 103.032 | / | ( (9829.793 | + | 9880.755) | / 2 ) | |
= | 103.032 | / | 9855.274 | ||||
= | 1.05 % |
* 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 Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (Sep. 2017) net income data.
Capital Bank Financial (NAS:CBF) Return-on-Tangible-Asset Explanation
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Thank you for viewing the detailed overview of Capital Bank Financial's Return-on-Tangible-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Christopher G Marshall | officer: Chief Financial Officer | 8950 CYPRESS WATERS BLVD., COPPELL TX 75019 |
R Eugene Taylor | director, officer: Chairman and CEO | BANK OF AMERICA CORP, 100 NORTH TRYON ST NC1-007-57-01, CHARLOTTE NC 28255 |
Peter N Foss | director | 4725 PIEDMONT ROW DRIVE, CHARLOTTE NC 28210 |
Marc D Oken | director | C/O FALFURRIAS CAPITAL PARTNERS, 100 N. TRYON STREET, SUITE 5120, CHARLOTTE NC 28202 |
Crestview Partners Ii Gp, L.p. | director | 590 MADISON AVENUE, 42ND FLOOR, NEW YORK NY 10022 |
Crestview Partners Ii (ff) Lp | director | C/O CRESTVIEW PARTNERS II LP, 667 MADISON AVENUE, 10TH FL, NEW YORK NY 10065 |
Crestview Partners Ii (te) Lp | director | C/O CRESTVIEW PARTNERS II GP LP, 667 MADISON AVENUE, 10 FL, NEW YORK NY 10065 |
Crestview Partners Ii Lp | director | C/O CRESTVIEW PARTNERS II GP LP, 667 MADISON AVENUE, 10TH FL, NEW YORK NY 10065 |
Crestview Offshore Holdings Ii (ff Cayman) Lp | director | C/O CRESTVIEW PARTNERS II GP LP, 667 MADISON AVENUE, 10TH FL, NEW YORK NY 10065 |
Crestview Offshore Holdings Ii (cayman) Lp | director | C/O CRESTVIEW PARTNERS II GP LP, 667 MADISON AVENUE, 10TH FL, NEW YORK NY 10065 |
Crestview Offshore Holdings Ii (892 Cayman), L.p. | director | 667 MADISON AVENUE, 10TH FLOOR, NEW YORK NY 10065 |
Crestview Advisors, L.l.c. | director | 590 MADISON AVENUE, 42ND FLOOR, NEW YORK NY 10022 |
Richard M Demartini | director | BANK OF AMERICA CORP, 9 WEST 57TH STREET NY1-301-48-02, NEW YORK NY 10019 |
Jeffrey E Kirt | director | 1114 AVENUE OF THE AMERICAS, 27TH FLOOR, NEW YORK NY 10038 |
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