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Randolph Bancorp (NAS:RNDB) ROE %

: 1.12% (As of Jun. 2022)
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ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Randolph Bancorp's annualized net income for the quarter that ended in Jun. 2022 was $0.99 Mil. Randolph Bancorp's average Total Stockholders Equity over the quarter that ended in Jun. 2022 was $88.88 Mil. Therefore, Randolph Bancorp's annualized ROE % for the quarter that ended in Jun. 2022 was 1.12%.

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

RNDB' s ROE % Range Over the Past 10 Years
Min: -6.44   Med: -0.74   Max: 22.36
Current: 4.09

During the past 8 years, Randolph Bancorp's highest ROE % was 22.36%. The lowest was -6.44%. And the median was -0.74%.

RNDB's ROE % is not ranked
in the Banks industry.
Industry Median: 10.41 vs RNDB: 4.09

Randolph Bancorp ROE % Historical Data

The historical data trend for Randolph Bancorp'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.

Randolph Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
ROE %
Premium Member Only Premium Member Only Premium Member Only -2.58 -2.62 4.38 22.36 9.57

Randolph Bancorp Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
ROE % 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 Premium Member Only Premium Member Only Premium Member Only 6.26 12.42 3.12 -0.99 1.12

Competitive Comparison

For the Banks - Regional subindustry, Randolph Bancorp'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.

   

Randolph Bancorp ROE % Distribution

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

* The bar in red indicates where Randolph Bancorp's ROE % falls in comparison to its industry or sector. The grey bar indicates the ROE %'s extreme value range as defined by GuruFocus.



Randolph Bancorp ROE % Calculation

Randolph Bancorp's annualized ROE % for the fiscal year that ended in Dec. 2021 is calculated as

ROE %=Net Income (A: Dec. 2021 )/( (Total Stockholders Equity (A: Dec. 2020 )+Total Stockholders Equity (A: Dec. 2021 ))/ count )
=9.601/( (99.819+100.903)/ 2 )
=9.601/100.361
=9.57 %

Randolph Bancorp'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 )
=0.992/( (88.478+89.278)/ 2 )
=0.992/88.878
=1.12 %

* 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.


Randolph Bancorp  (NAS:RNDB) 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
=0.992/88.878
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(0.992 / 31.344)*(31.344 / 772.5185)*(772.5185 / 88.878)
=Net Margin %*Asset Turnover*Equity Multiplier
=3.16 %*0.0406*8.6919
=ROA %*Equity Multiplier
=0.13 %*8.6919
=1.12 %

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
=0.992/88.878
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (0.992 / 0.332) * (0.332 / 31.344) * (31.344 / 772.5185) * (772.5185 / 88.878)
= Tax Burden * Pretax Margin % * Asset Turnover * Equity Multiplier
= 2.988 * 1.06 % * 0.0406 * 8.6919
=1.12 %

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.


Randolph Bancorp ROE % Related Terms

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


Randolph Bancorp (NAS:RNDB) Business Description

Randolph Bancorp logo
Traded in Other Exchanges
N/A
Address
2 Batterymarch Park, Suite 301, Quincy, MA, USA, 02169
Randolph Bancorp Inc is a bank holding company of Envision Bank. The company is engaged in providing financial services to individuals, families, and small to mid-size businesses. The business of the company includes accepting deposits from the public and investing those deposits, commercial real estate loans, construction loans, investment securities, and consumer loans. The firm also offers deposit accounts, certificates of deposit, and money market accounts. The company has two reporting segments; Envision Bank, which is the key revenue generating segment; and Envision Mortgage. Envision Mortgage consists primarily of gains on loan origination and sales activities, loan servicing income and interest income on loans held for sale and residential construction loans.
Executives
Martin S. Friedman 10 percent owner 7901 JONES BRANCH DR. SUITE 210, MCLEAN VA 22102
Evelyn Kaupp director C/O RANDOLPH BANCORP, INC., 10 CABOT PLACE, STOUGHTON MA 02072
Ronald K Perry director 320 NORWOOD PARK SOUTH, NORWOOD MA 02062
Pamela C Scott director 151 BRADLEE AVENUE, SWAMPSCOTT MA 01907
William M Parent director, officer: President & CEO C/O GRAIL INVESTMENT CORP., 767 THIRD AVENUE, 21ST FLOOR, NEW YORK NY 10017
Lauren Messmore officer: EVP & CFO 320 NORWOOD PARK SOUTH, NORWOOD MA 02062
Nancy J. Curry officer: SVP/Commercial Lending C/O RANDOLPH BANCORP, INC., 10 CABOT PLACE, STOUGHTON MA 02072
Peter J. Fraser officer: Senior Vice President C/O RANDOLPH BANCORP, INC., 10 CABOT PLACE, STOUGHTON MA 02072
O'connor John J. Iii director C/O RANDOLPH BANCORP, INC., 10 CABOT PLACE, STOUGHTON MA 02072
James P Mcdonough director, officer: See Remarks C/O RANDOLPH BANCORP, INC., 10 CABOT PLACE, STOUGHTON MA 02072
Paul R Donovan director CHAIRMAN'S VIEW, 300 GRANITE ST., SUITE 406, BRAINTREE MA 02184
Phillips Richard A. Sr. director C/O RANDOLPH BANCORP, INC., 10 CABOT PLACE, STOUGHTON MA 02072
Martie M. Dwyer officer: See Remarks C/O RANDOLPH BANCORP, INC., 10 CABOT PLACE, STOUGHTON MA 02072
Michael K Devlin officer: See Remarks C/O RANDOLPH BANCORP, INC., 10 CABOT PLACE, STOUGHTON MA 02072
Donna L. Thaxter officer: See Remarks C/O RANDOLPH BANCORP, INC., 10 CABOT PLACE, STOUGHTON MA 02072

Randolph Bancorp (NAS:RNDB) Headlines

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