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Shizuoka Bank (Shizuoka Bank) ROE % : 4.97% (As of Jun. 2022)


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What is Shizuoka Bank ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Shizuoka Bank's annualized net income for the quarter that ended in Jun. 2022 was $431 Mil. Shizuoka Bank's average Total Stockholders Equity over the quarter that ended in Jun. 2022 was $8,678 Mil. Therefore, Shizuoka Bank's annualized ROE % for the quarter that ended in Jun. 2022 was 4.97%.

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

SHZUY's ROE % is not ranked *
in the Banks industry.
Industry Median: 9.88
* Ranked among companies with meaningful ROE % only.

Shizuoka Bank ROE % Historical Data

The historical data trend for Shizuoka Bank'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.

Shizuoka Bank ROE % Chart

Shizuoka Bank Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.37 4.56 3.92 4.15 3.63

Shizuoka Bank Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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 5.10 4.85 4.31 0.67 4.97

Competitive Comparison of Shizuoka Bank's ROE %

For the Banks - Regional subindustry, Shizuoka Bank'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.


Shizuoka Bank's ROE % Distribution in the Banks Industry

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

* The bar in red indicates where Shizuoka Bank's ROE % falls into.



Shizuoka Bank ROE % Calculation

Shizuoka Bank's annualized ROE % for the fiscal year that ended in Mar. 2022 is calculated as

ROE %=Net Income (A: Mar. 2022 )/( (Total Stockholders Equity (A: Mar. 2021 )+Total Stockholders Equity (A: Mar. 2022 ))/ count )
=351.121/( (10156.073+9165.802)/ 2 )
=351.121/9660.9375
=3.63 %

Shizuoka Bank's annualized ROE % for the quarter that ended in Jun. 2022 is calculated as

ROE %=Net Income (Q: Jun. 2022 )/( (Total Stockholders Equity (Q: Mar. 2022 )+Total Stockholders Equity (Q: Jun. 2022 ))/ count )
=431.02/( (9165.802+8190.127)/ 2 )
=431.02/8677.9645
=4.97 %

* 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 (Jun. 2022) net income data. ROE % is displayed in the 30-year financial page.


Shizuoka Bank  (OTCPK:SHZUY) 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: Jun. 2022 )
=Net Income/Total Stockholders Equity
=431.02/8677.9645
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(431.02 / 1763.04)*(1763.04 / 117988.6535)*(117988.6535 / 8677.9645)
=Net Margin %*Asset Turnover*Equity Multiplier
=24.45 %*0.0149*13.5964
=ROA %*Equity Multiplier
=0.36 %*13.5964
=4.97 %

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: Jun. 2022 )
=Net Income/Total Stockholders Equity
=431.02/8677.9645
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (431.02 / 572.848) * (572.848 / 1763.04) * (1763.04 / 117988.6535) * (117988.6535 / 8677.9645)
= Tax Burden * Pretax Margin % * Asset Turnover * Equity Multiplier
= 0.7524 * 32.49 % * 0.0149 * 13.5964
=4.97 %

Note: The net income data used here is four times the quarterly (Jun. 2022) net income data. The Revenue data used here is four times the quarterly (Jun. 2022) 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.


Shizuoka Bank ROE % Related Terms

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Shizuoka Bank (Shizuoka Bank) Business Description

Traded in Other Exchanges
N/A
Address
10, Gofukucho 1-chome, Aoi-ku, Shizuoka-shi, Shizuoka, JPN, 420-8761
The Shizuoka Bank is a regional bank in Japan. The company provides general banking services such as deposits, loans, and exchange transactions. It also offers trust banking, securities brokerage, leasing, and consulting services. The company focuses on contributing to the development of the region around Shizuoka Prefecture. The Shizuoka Prefecture is situated midway between the two major consumer markets and industrial centers of Japan--the Nagoya region plus the Osaka-Kyoto region to the west and the Yokohama-Tokyo region to the east. This location historically developed into a significant center of the manufacturing and industrial industry. While the bank is primarily specific to Japan, it also has operations in New York, Los Angeles, Brussels, Hong Kong, Shanghai, and Singapore.

Shizuoka Bank (Shizuoka Bank) Headlines

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