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Charter Financial (Charter Financial) Return-on-Tangible-Equity : 10.30% (As of Jun. 2018)


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What is Charter Financial 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. Charter Financial's annualized net income for the quarter that ended in Jun. 2018 was $18.58 Mil. Charter Financial's average shareholder tangible equity for the quarter that ended in Jun. 2018 was $180.50 Mil. Therefore, Charter Financial's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2018 was 10.30%.

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

CHFN's Return-on-Tangible-Equity is not ranked *
in the Banks industry.
Industry Median: 10.78
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Charter Financial Return-on-Tangible-Equity Historical Data

The historical data trend for Charter Financial'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.

Charter Financial Return-on-Tangible-Equity Chart

Charter Financial Annual Data
Trend Sep06 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.09 2.44 2.65 6.39 8.44

Charter Financial Quarterly Data
Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18
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 7.89 5.83 10.15 11.85 10.30

Competitive Comparison of Charter Financial's Return-on-Tangible-Equity

For the Banks - Regional subindustry, Charter Financial'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.


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

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

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



Charter Financial Return-on-Tangible-Equity Calculation

Charter Financial's annualized Return-on-Tangible-Equity for the fiscal year that ended in Sep. 2017 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Sep. 2017 )  (A: Sep. 2016 )(A: Sep. 2017 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Sep. 2017 )  (A: Sep. 2016 )(A: Sep. 2017 )
=14.436/( (170.717+171.237 )/ 2 )
=14.436/170.977
=8.44 %

Charter Financial's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2018 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2018 )  (Q: Mar. 2018 )(Q: Jun. 2018 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2018 )  (Q: Mar. 2018 )(Q: Jun. 2018 )
=18.584/( (179.006+181.995)/ 2 )
=18.584/180.5005
=10.30 %

* 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 (Jun. 2018) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Charter Financial  (NAS:CHFN) 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.


Charter Financial Return-on-Tangible-Equity Related Terms

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


Charter Financial (Charter Financial) Business Description

Traded in Other Exchanges
N/A
Address
Charter Financial Corp is a savings and loan holding company. It provides various products and services to individuals and businesses in the United States. Its principal business consists of attracting retail deposits from the general public and investing those deposits in commercial real estate loans, one- to four-family residential mortgage loans, construction loans, commercial loans, home equity loans and lines of credit and other consumer loans. It offers a variety of community banking services to customers, including online banking and bill payment services, mobile banking, safe deposit box rentals, debit card and ATM card services. The company derives significant revenue from service charges on deposit accounts, the bulk of which comes from overdraft-related fees.

Charter Financial (Charter Financial) Headlines