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HomeTrust Bancshares Return-on-Tangible-Asset

: 1.21% (As of Sep. 2021)
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Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. HomeTrust Bancshares's annualized Net Income for the quarter that ended in Sep. 2021 was $42.1 Mil. HomeTrust Bancshares's average total tangible assets for the quarter that ended in Sep. 2021 was $3,477.1 Mil. Therefore, HomeTrust Bancshares's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2021 was 1.21%.

The historical rank and industry rank for HomeTrust Bancshares's Return-on-Tangible-Asset or its related term are showing as below:

NAS:HTBI' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.26   Med: 0.43   Max: 0.81
Current: 0.57

0.26
0.81

During the past 12 years, HomeTrust Bancshares's highest Return-on-Tangible-Asset was 0.81%. The lowest was 0.26%. And the median was 0.43%.

NAS:HTBI's Return-on-Tangible-Asset is ranked lower than
67% of the 937 Companies
in the Banks industry.

( Industry Median: 0.99 vs. NAS:HTBI: 0.57 )

HomeTrust Bancshares Return-on-Tangible-Asset Historical Data

The historical data trend for HomeTrust Bancshares's Return-on-Tangible-Asset 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.

HomeTrust Bancshares Annual Data
Trend Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21
Return-on-Tangible-Asset
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.40 0.26 0.81 0.64 0.44

HomeTrust Bancshares Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
Return-on-Tangible-Asset 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 0.63 1.04 0.87 -0.83 1.21

Competitive Comparison

For the Banks - Regional subindustry, HomeTrust Bancshares's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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.

   

HomeTrust Bancshares Return-on-Tangible-Asset Distribution

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

* The bar in red indicates where HomeTrust Bancshares's Return-on-Tangible-Asset falls into.



HomeTrust Bancshares Return-on-Tangible-Asset Calculation

HomeTrust Bancshares's annualized Return-on-Tangible-Asset for the fiscal year that ended in Jun. 2021 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Jun. 2021 )  (A: Jun. 2020 )(A: Jun. 2021 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Jun. 2021 )  (A: Jun. 2020 )(A: Jun. 2021 )
=15.675/( (3696.136+3498.742)/ 2 )
=15.675/3597.439
=0.44 %

HomeTrust Bancshares's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2021 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Sep. 2021 )  (Q: Jun. 2021 )(Q: Sep. 2021 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Sep. 2021 )  (Q: Jun. 2021 )(Q: Sep. 2021 )
=42.108/( (3498.742+3455.472)/ 2 )
=42.108/3477.107
=1.21 %

* 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-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (Sep. 2021) net income data.


HomeTrust Bancshares  (NAS:HTBI) Return-on-Tangible-Asset Explanation

Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.


Be Aware

Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the company’s earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a company’s tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.


HomeTrust Bancshares Return-on-Tangible-Asset Related Terms

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


HomeTrust Bancshares Business Description

HomeTrust Bancshares logo
Industry
Financial Services » Banks NAICS : 522120 SIC : 6035
Traded in Other Exchanges
N/A
Address
10 Woodfin Street, Asheville, NC, USA, 28801
HomeTrust Bancshares Inc operates as a bank holding company, which offers deposit accounts for individuals, businesses, and nonprofit organizations for HomeTrust Bank. It involves attracting deposits, including savings money market, demand accounts, and certificates of deposit from the general public. The company's loan portfolio comprises retail consumer loans, such as one-to-four-family residential property lending, home equity lines of credit, construction and land/lots, indirect auto finance, and consumer lending; and commercial loans, including commercial real estate lending, construction, and development lending, and commercial and industrial loans.
Executives
Koontz Craig C. director C/O HOMETRUST BANCSHARES, INC. 10 WOODFIN STREET ASHEVILLE NC 28801
Vuncannon Tony J. officer: EVP, CFO and Treasurer C/O HOMETRUST BANCSHARES, INC. 10 WOODFIN STREET ASHEVILLE NC 28801
Westbrook Hunter officer: EVP, Chief Banking Officer C/O HOMETRUST BANCSHARES, INC. 10 WOODFIN STREET ASHEVILLE NC 28801
Williams Richard Tyrone director HOMETRUST BANCSHARES, INC. 10 WOODFIN STREET ASHEVILLE NC 28801
Kendall Laura C director C/O CHARLES & COLVARD 3800 GATEWAY BLVD #310 MORRISVILLE NC 27560
Houghton Keith J officer: EVP, Chief Credit Officer C/O HOMETRUST BANCSHARES, INC. 10 WOODFIN STREET ASHEVILLE NC 28801
Stonestreet Dana L. director, officer: President and CEO C/O HOMETRUST BANCSHARES, INC. 10 WOODFIN STREET ASHEVILLE NC 28801
Biesecker Sidney A. director C/O HOMETRUST BANCSHARES, INC. 10 WOODFIN STREET ASHEVILLE NC 28801
Goforth J. Steven director C/O HOMETRUST BANCSHARES, INC. 10 WOODFIN STREET ASHEVILLE NC 28801
Mcfarland F. K. Iii director C/O HOMETRUST BANCSHARES, INC. 10 WOODFIN STREET ASHEVILLE NC 28801
Little R. Parrish officer: EVP, Chief Risk Officer HOMETRUST BANCSHARES, INC. 10 WOODFIN STREET ASHEVILLE NC 28801
James Robert E. director HOMETRUST BANCSHARES, INC. 10 WOODFIN STREET ASHEVILLE NC 28801
Switzer John director BARINGS LLC 300 SOUTH TRYON STREET, SUITE 2500 CHARLOTTE NC 28202
Caywood Marty T. officer: EVP, Chief Information Officer HOMETRUST BANCSHARES, INC. 10 WOODFIN STREET ASHEVILLE NC 28801
Labian Paula C. officer: EVP, Chief Human Resources Off HOMETRUST BANCSHARES, INC. 10 WOODFIN STREET ASHEVILLE NC 28801

HomeTrust Bancshares Headlines

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