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BDO Unibank (BDO Unibank) Return-on-Tangible-Equity : 14.34% (As of Mar. 2024)


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What is BDO Unibank 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. BDO Unibank's annualized net income for the quarter that ended in Mar. 2024 was $1,273 Mil. BDO Unibank's average shareholder tangible equity for the quarter that ended in Mar. 2024 was $8,879 Mil. Therefore, BDO Unibank's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was 14.34%.

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

BDOUY' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 7.63   Med: 13.14   Max: 15.44
Current: 15.12

During the past 13 years, BDO Unibank's highest Return-on-Tangible-Equity was 15.44%. The lowest was 7.63%. And the median was 13.14%.

BDOUY's Return-on-Tangible-Equity is ranked better than
73.06% of 1455 companies
in the Banks industry
Industry Median: 10.7 vs BDOUY: 15.12

BDO Unibank Return-on-Tangible-Equity Historical Data

The historical data trend for BDO Unibank'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.

BDO Unibank Return-on-Tangible-Equity Chart

BDO Unibank 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 13.07 7.63 10.80 13.28 15.44

BDO Unibank Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 14.32 15.56 15.14 15.55 14.34

Competitive Comparison of BDO Unibank's Return-on-Tangible-Equity

For the Banks - Regional subindustry, BDO Unibank'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.


BDO Unibank's Return-on-Tangible-Equity Distribution in the Banks Industry

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

* The bar in red indicates where BDO Unibank's Return-on-Tangible-Equity falls into.



BDO Unibank Return-on-Tangible-Equity Calculation

BDO Unibank'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 )
=1263.137/( (7704.222+8655.838 )/ 2 )
=1263.137/8180.03
=15.44 %

BDO Unibank's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=1273.132/( (8655.838+9102.377)/ 2 )
=1273.132/8879.1075
=14.34 %

* 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 (Mar. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


BDO Unibank  (OTCPK:BDOUY) 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.


BDO Unibank Return-on-Tangible-Equity Related Terms

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


BDO Unibank (BDO Unibank) Business Description

Traded in Other Exchanges
Address
7899 Makati Avenue, BDO Corporate Center, Makati, PHL, 0726
BDO Unibank Inc is a full-service universal bank in the Philippines. The company provides a variety of banking products and services, including corporate and consumer lending, deposit-taking, foreign exchange, brokering, trust and investments, credit cards, corporate cash management, and remittances. It also offers leasing and financing, investment banking, private banking, rural banking, bancassurance, and insurance and stock brokerage services through its various local subsidiaries. It has a large distribution network of operating branches and ATMs. Most of its earning assets are loans and other receivables.

BDO Unibank (BDO Unibank) Headlines

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