GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » US Metro Bancorp (OTCPK:USMT) » Definitions » Return-on-Tangible-Equity

US Metro Bancorp (US Metro Bancorp) Return-on-Tangible-Equity : 6.62% (As of Mar. 2024)


View and export this data going back to 2007. Start your Free Trial

What is US Metro Bancorp 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. US Metro Bancorp's annualized net income for the quarter that ended in Mar. 2024 was $7.14 Mil. US Metro Bancorp's average shareholder tangible equity for the quarter that ended in Mar. 2024 was $107.79 Mil. Therefore, US Metro Bancorp's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was 6.62%.

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

USMT' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 7.64   Med: 10.62   Max: 22.52
Current: 8.01

During the past 6 years, US Metro Bancorp's highest Return-on-Tangible-Equity was 22.52%. The lowest was 7.64%. And the median was 10.62%.

USMT's Return-on-Tangible-Equity is ranked worse than
66% of 1456 companies
in the Banks industry
Industry Median: 10.7 vs USMT: 8.01

US Metro Bancorp Return-on-Tangible-Equity Historical Data

The historical data trend for US Metro Bancorp'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.

US Metro Bancorp Return-on-Tangible-Equity Chart

US Metro Bancorp Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial 9.44 7.65 22.52 20.86 11.79

US Metro Bancorp Quarterly Data
Mar07 Jun07 Sep07 Dec18 Dec19 Dec20 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 13.97 10.32 9.62 5.55 6.62

Competitive Comparison of US Metro Bancorp's Return-on-Tangible-Equity

For the Banks - Regional subindustry, US Metro Bancorp'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.


US Metro Bancorp's Return-on-Tangible-Equity Distribution in the Banks Industry

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

* The bar in red indicates where US Metro Bancorp's Return-on-Tangible-Equity falls into.



US Metro Bancorp Return-on-Tangible-Equity Calculation

US Metro Bancorp'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 )
=10.615/( (84.878+95.229 )/ 2 )
=10.615/90.0535
=11.79 %

US Metro Bancorp'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 )
=7.14/( (95.229+120.344)/ 2 )
=7.14/107.7865
=6.62 %

* 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.


US Metro Bancorp  (OTCPK:USMT) 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.


US Metro Bancorp Return-on-Tangible-Equity Related Terms

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


US Metro Bancorp (US Metro Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
9866 Garden Grove Boulevard, Garden Grove, CA, USA, 92844
US Metro Bancorp operates as a bank holding company. It provides checking, savings, loans, online banking, mobile banking, certificate of deposits, and others. The bank offers services to professionals and small- to medium-sized businesses. It generates revenue in the form of interest income.

US Metro Bancorp (US Metro Bancorp) Headlines

No Headlines