GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Eagle Financial Services Inc (OTCPK:EFSI) » Definitions » Return-on-Tangible-Equity

Eagle Financial Services (Eagle Financial Services) Return-on-Tangible-Equity : 9.14% (As of Dec. 2023)


View and export this data going back to . Start your Free Trial

What is Eagle Financial Services Return-on-Tangible-Equity?

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Eagle Financial Services's annualized net income for the quarter that ended in Dec. 2023 was $9.58 Mil. Eagle Financial Services's average shareholder tangible equity for the quarter that ended in Dec. 2023 was $104.78 Mil. Therefore, Eagle Financial Services's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was 9.14%.

The historical rank and industry rank for Eagle Financial Services's Return-on-Tangible-Equity or its related term are showing as below:

EFSI' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 8.08   Med: 10.24   Max: 13.7
Current: 9

During the past 13 years, Eagle Financial Services's highest Return-on-Tangible-Equity was 13.70%. The lowest was 8.08%. And the median was 10.24%.

EFSI's Return-on-Tangible-Equity is ranked worse than
61.42% of 1449 companies
in the Banks industry
Industry Median: 10.91 vs EFSI: 9.00

Eagle Financial Services Return-on-Tangible-Equity Historical Data

The historical data trend for Eagle Financial Services's Return-on-Tangible-Equity 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.

Eagle Financial Services Return-on-Tangible-Equity Chart

Eagle Financial Services Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.61 11.09 10.24 13.70 8.91

Eagle Financial Services Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Return-on-Tangible-Equity 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 12.77 10.03 7.90 9.04 9.14

Competitive Comparison of Eagle Financial Services's Return-on-Tangible-Equity

For the Banks - Regional subindustry, Eagle Financial Services's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.


Eagle Financial Services's Return-on-Tangible-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Eagle Financial Services's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Eagle Financial Services's Return-on-Tangible-Equity falls into.



Eagle Financial Services Return-on-Tangible-Equity Calculation

Eagle Financial Services's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=9.357/( (101.729+108.379 )/ 2 )
=9.357/105.054
=8.91 %

Eagle Financial Services's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=9.58/( (101.183+108.379)/ 2 )
=9.58/104.781
=9.14 %

* 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-Equity, the net income of the last fiscal year and the average total shareholder tangible 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. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Eagle Financial Services  (OTCPK:EFSI) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity 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 Return-on-Tangible-Equitys can be extremely high.


Eagle Financial Services Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of Eagle Financial Services's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Eagle Financial Services (Eagle Financial Services) Business Description

Traded in Other Exchanges
N/A
Address
2 East Main Street, P.O. Box 391, Berryville, VA, USA, 22611
Eagle Financial Services Inc is a locally owned and managed financial institution. It offers retail and commercial banking services, including demand, savings and time deposits and consumer, mortgage, and commercial loans. It also offers telephone banking, internet banking, and mobile banking to its customers. The Company has two reportable operating segments, community banking and marine lending. Bank generates its majority revenue from Community Banking Interest Income.
Executives
Debra L Purrington officer: EXECUTIVE OFFICER PO BOX 391, BERRYVILLE VA 22611
John R Milleson director, officer: EXECUTIVE OFFICER
Brandon Craig Lorey director, officer: EXECUTIVE OFFICER PO BOX 391, BERRYVILLE VA 22611
Marianne Schmidt officer: EXECUTIVE OFFICER PO BOX 391, BERRYVILLE VA 22611
Herve A Bonnet officer: EXECUTIVE OFFICER PO BOX 391, BERRYVILLE VA 22611
Tatiana C Matthews director PO BOX 391, BERRYVILLE VA 22611
Edward Iii Hill director PO BOX 391, BERRYVILLE VA 22611
Kathleen S Croson officer: EXECUTIVE OFFICER PO BOX 391, BERRYVILLE VA 22611
Todd A Braithwaite officer: EXECUTIVE OFFICER PO BOX 391, BERRYVILLE VA 22611
George James S Ii officer: EXECUTIVE OFFICER PO BOX 391, BERRYVILLE VA 22611
Aaron M Poffinberger officer: EXECUTIVE OFFICER PO BOX 391, BERRYVILLE VA 22611
Scott M Hamberger director PO BOX 391, BERRYVILLE VA 22611
Wilkins James R Jr director
Thomas T Gilpin director
Thomas T Byrd director