GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » BCB Bancorp Inc (NAS:BCBP) » Definitions » Return-on-Tangible-Equity

BCB Bancorp (BCB Bancorp) Return-on-Tangible-Equity : 7.52% (As of Mar. 2024)


View and export this data going back to 2002. Start your Free Trial

What is BCB Bancorp Return-on-Tangible-Equity?

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. BCB Bancorp's annualized net income for the quarter that ended in Mar. 2024 was $23.5 Mil. BCB Bancorp's average shareholder tangible equity for the quarter that ended in Mar. 2024 was $311.8 Mil. Therefore, BCB Bancorp's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was 7.52%.

The historical rank and industry rank for BCB Bancorp's Return-on-Tangible-Equity or its related term are showing as below:

BCBP' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 5.96   Med: 8.89   Max: 16.44
Current: 9.03

During the past 13 years, BCB Bancorp's highest Return-on-Tangible-Equity was 16.44%. The lowest was 5.96%. And the median was 8.89%.

BCBP's Return-on-Tangible-Equity is ranked worse than
60.14% of 1455 companies
in the Banks industry
Industry Median: 10.7 vs BCBP: 9.03

BCB Bancorp Return-on-Tangible-Equity Historical Data

The historical data trend for BCB Bancorp's Return-on-Tangible-Equity 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.

BCB Bancorp Return-on-Tangible-Equity Chart

BCB Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.82 8.73 13.37 16.44 9.92

BCB Bancorp 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-Equity 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 11.22 11.73 9.06 7.99 7.52

Competitive Comparison of BCB Bancorp's Return-on-Tangible-Equity

For the Banks - Regional subindustry, BCB Bancorp's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.


BCB Bancorp's Return-on-Tangible-Equity Distribution in the Banks Industry

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

* The bar in red indicates where BCB Bancorp's Return-on-Tangible-Equity falls into.



BCB Bancorp Return-on-Tangible-Equity Calculation

BCB Bancorp's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=29.483/( (285.872+308.802 )/ 2 )
=29.483/297.337
=9.92 %

BCB Bancorp's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=23.464/( (308.802+314.878)/ 2 )
=23.464/311.84
=7.52 %

* 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-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


BCB Bancorp  (NAS:BCBP) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity 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 Return-on-Tangible-Equitys can be extremely high.


BCB Bancorp Return-on-Tangible-Equity Related Terms

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


BCB Bancorp (BCB Bancorp) Business Description

Traded in Other Exchanges
Address
104-110 Avenue C, Bayonne, NJ, USA, 07002
BCB Bancorp Inc is a bank holding company. The company offers loans, including commercial and multi-family real estate loans, home equity loans, construction loans, consumer loans, and commercial business loans; FDIC-insured deposit products, such as savings and club accounts, interest and non-interest bearing demand accounts, money market accounts, certificates of deposit and individual retirement accounts, and retail and commercial banking services, including wire transfers, money orders, safe deposit boxes, a night depository, debit cards, online banking, gift cards, fraud detection, and automated teller services.
Executives
James G. Rizzo director 104-110 AVENUE C, BAYONNE NJ 07002
Spencer B. Robbins director 104-110 AVENUE C, BAYONNE NJ 07002
Mark D Hogan director 104-110 AVE C, BAYONE NJ 07002
Ryan Blake officer: Chief Operating Officer 591-595 AVENUE C, BAYONNE NJ 07002
Mark Noto officer: Chief Loan Officer 104-110 AVENUE C, BAYONNE NJ 07002
Thomas Michael Coughlin director, officer: Chief Financial Officer 104 110 AVENUE C, BAYOONE NJ 07002
Vincent Jr Didomenico director 104-110 AVENUE C, BAYONNE NJ 07002
Robert Ballance director 104-110 AVE C, BAYONE NJ 07002
Judith Q Bielan director 104-110 AVE C, BAYONE NJ 07002
James Edward Collins director
Jawad Chaudhry officer: Chief Financial Officer 591-595 AVENUE C, BAYONNE NJ 07002
Joseph Lyga director 104-110 AVE C, BAYONE NJ 07002
David Roque Garcia officer: Chief Lending Officer 104-110 AVENUE C, BAYONNE NJ 07002
Kenneth Emerson officer: SVP/Chief Strategy &Risk Offcr 104-110 AVENUE C, BAYONNE NJ 07002
John Pulomena director 104-110 AVENUE C, BAYONNE NJ 07002

BCB Bancorp (BCB Bancorp) Headlines