GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banco de Sabadell SA (OTCPK:BNDSF) » Definitions » ROE %

Banco debadell (Banco debadell) ROE % : 8.91% (As of Dec. 2023)


View and export this data going back to 2010. Start your Free Trial

What is Banco debadell ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Banco debadell's annualized net income for the quarter that ended in Dec. 2023 was $1,326 Mil. Banco debadell's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $14,883 Mil. Therefore, Banco debadell's annualized ROE % for the quarter that ended in Dec. 2023 was 8.91%.

The historical rank and industry rank for Banco debadell's ROE % or its related term are showing as below:

BNDSF' s ROE % Range Over the Past 10 Years
Min: 0.02   Med: 5.72   Max: 9.91
Current: 9.9

During the past 13 years, Banco debadell's highest ROE % was 9.91%. The lowest was 0.02%. And the median was 5.72%.

BNDSF's ROE % is ranked better than
50.21% of 1460 companies
in the Banks industry
Industry Median: 9.88 vs BNDSF: 9.90

Banco debadell ROE % Historical Data

The historical data trend for Banco debadell's ROE % 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.

Banco debadell ROE % Chart

Banco debadell Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.08 0.02 4.03 6.62 10.05

Banco debadell Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
ROE % 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 4.67 6.30 10.85 13.53 8.91

Competitive Comparison of Banco debadell's ROE %

For the Banks - Diversified subindustry, Banco debadell's ROE %, along with its competitors' market caps and ROE % 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.


Banco debadell's ROE % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Banco debadell's ROE % distribution charts can be found below:

* The bar in red indicates where Banco debadell's ROE % falls into.



Banco debadell ROE % Calculation

Banco debadell's annualized ROE % for the fiscal year that ended in Dec. 2023 is calculated as

ROE %=Net Income (A: Dec. 2023 )/( (Total Stockholders Equity (A: Dec. 2022 )+Total Stockholders Equity (A: Dec. 2023 ))/ count )
=1452.76/( (13826.03+15098.138)/ 2 )
=1452.76/14462.084
=10.05 %

Banco debadell's annualized ROE % for the quarter that ended in Dec. 2023 is calculated as

ROE %=Net Income (Q: Dec. 2023 )/( (Total Stockholders Equity (Q: Sep. 2023 )+Total Stockholders Equity (Q: Dec. 2023 ))/ count )
=1326.064/( (14667.022+15098.138)/ 2 )
=1326.064/14882.58
=8.91 %

* 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 ROE %, the net income of the last fiscal year and the average total shareholder 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. ROE % is displayed in the 30-year financial page.


Banco debadell  (OTCPK:BNDSF) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=1326.064/14882.58
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1326.064 / 5989.096)*(5989.096 / 258037.9595)*(258037.9595 / 14882.58)
=Net Margin %*Asset Turnover*Equity Multiplier
=22.14 %*0.0232*17.3383
=ROA %*Equity Multiplier
=0.51 %*17.3383
=8.91 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=1326.064/14882.58
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (1326.064 / 1688.112) * (1688.112 / 5989.096) * (5989.096 / 258037.9595) * (258037.9595 / 14882.58)
= Tax Burden * Pretax Margin % * Asset Turnover * Equity Multiplier
= 0.7855 * 28.19 % * 0.0232 * 17.3383
=8.91 %

Note: The net income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % 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 ROE %s can be extremely high.


Banco debadell ROE % Related Terms

Thank you for viewing the detailed overview of Banco debadell's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Banco debadell (Banco debadell) Business Description

Address
Avenida Oscar Espla, 37, Alicante, ESP, 03007
Banco de Sabadell S.A is a Spanish retail and commercial bank operating mostly in Spain, but with a notable lending presence in the United Kingdom and the Americas. Its strategy emphasizes scaling its current customer base and laying the foundation for international expansion. Banco de Sabadell's largest business line is commercial banking, which focuses on providing financial products and services to large corporations, small to medium-size enterprises, retailers and sole proprietors, professional groupings, entrepreneurs, and personal customers. Loans and advances constitute a majority of the bank's earning assets. Its credit risk is mostly exposed to mortgage loans, followed by sovereign debt.

Banco debadell (Banco debadell) Headlines

From GuruFocus

Banco de Sabadell SA's Dividend Analysis

By GuruFocus Research 12-26-2023