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Regions Financial (Regions Financial) Return-on-Tangible-Asset : 1.07% (As of Dec. 2023)


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What is Regions Financial Return-on-Tangible-Asset?

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. Regions Financial's annualized Net Income for the quarter that ended in Dec. 2023 was $1,564.00 Mil. Regions Financial's average total tangible assets for the quarter that ended in Dec. 2023 was $146,046.50 Mil. Therefore, Regions Financial's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2023 was 1.07%.

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

RFpA.PFD' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.83   Med: 1.19   Max: 1.69
Current: 1.24

During the past 13 years, Regions Financial's highest Return-on-Tangible-Asset was 1.69%. The lowest was 0.83%. And the median was 1.19%.

RFpA.PFD's Return-on-Tangible-Asset is ranked better than
68.97% of 1463 companies
in the Banks industry
Industry Median: 0.92 vs RFpA.PFD: 1.24

Regions Financial Return-on-Tangible-Asset Historical Data

The historical data trend for Regions Financial'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.

Regions Financial Return-on-Tangible-Asset Chart

Regions Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.31 0.83 1.69 1.47 1.41

Regions Financial Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Return-on-Tangible-Asset 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 1.66 1.57 1.33 1.07 1.00

Competitive Comparison of Regions Financial's Return-on-Tangible-Asset

For the Banks - Regional subindustry, Regions Financial'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.


Regions Financial's Return-on-Tangible-Asset Distribution in the Banks Industry

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

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



Regions Financial Return-on-Tangible-Asset Calculation

Regions Financial's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2023 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=2074/( (148426+145350)/ 2 )
=2074/146888
=1.41 %

Regions Financial's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2023 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=1564/( (146743+145350)/ 2 )
=1564/146046.5
=1.07 %

* 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 (Dec. 2023) net income data.


Regions Financial  (NYSE:RFpA.PFD) 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.


Regions Financial Return-on-Tangible-Asset Related Terms

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


Regions Financial (Regions Financial) Business Description

Traded in Other Exchanges
Address
1900 Fifth Avenue North, Birmingham, AL, USA, 35203
Regions Financial is a regional bank headquartered in Alabama, with branches primarily in the Southeastern and Midwestern United States. Regions primarily provides traditional commercial and retail banking and also offers mortgage services, asset-management, wealth-management, securities brokerage, and trust services.
Executives
D Bryan Jordan officer: EVP & CFO; Mem Lead Coun
Jones Carl E Jr director, officer: Chairman & CEO; Mem Lead Coun
Ronald C Jackson officer: SVP & Comptroller P.O. BOX 10247, BIRMINGHAM AL 35202
Morgan Allen B Jr director, officer: Chmn, CEO Mrgn Keegn; Mem Lead
Robert A Goethe officer: Chmn, CEO, Pres RMI; Mbr Lead PO BOX 669, MONTGOMERY AL 36104
David C Gordon officer: EVP Op Grp; Mem Lead Coun P O BOX 511, MONTGOMERY AL 36101
Fleischauer John I Jr officer: Regional Pres; Mbr Lead Coun
Upchurch Samuel E Jr officer: Reg Pres & Secretary; Mem Lead
William E Askew officer: EVP Retail Bkng; Mbr Lead Coun
Richard D Horsley director, officer: Vice Chmn & COO; Mem Lead Coun
Styslinger Lee J Iii director 2826 BALMORAL ROAD, BIRMINGHAM AL 35223
Malcolm Portera director
Peter D Miller officer: Regional Pres; Mem Lead Coun
Edmond C Stone officer: EVP & CCO; Mem Leadership Team
Harry W Witt director