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Bank of Cyprus Holdings (Bank of Cyprus Holdings) Return-on-Tangible-Equity : 23.81% (As of Jun. 2023)


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What is Bank of Cyprus Holdings 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. Bank of Cyprus Holdings's annualized net income for the quarter that ended in Jun. 2023 was $544.0 Mil. Bank of Cyprus Holdings's average shareholder tangible equity for the quarter that ended in Jun. 2023 was $2,284.8 Mil. Therefore, Bank of Cyprus Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2023 was 23.81%.

The historical rank and industry rank for Bank of Cyprus Holdings's Return-on-Tangible-Equity or its related term are showing as below:

BKCYF' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -21.15   Med: -3.88   Max: 21.78
Current: 10.9

During the past 11 years, Bank of Cyprus Holdings's highest Return-on-Tangible-Equity was 21.78%. The lowest was -21.15%. And the median was -3.88%.

BKCYF's Return-on-Tangible-Equity is ranked worse than
50.41% of 1450 companies
in the Banks industry
Industry Median: 11 vs BKCYF: 10.90

Bank of Cyprus Holdings Return-on-Tangible-Equity Historical Data

The historical data trend for Bank of Cyprus Holdings'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.

Bank of Cyprus Holdings Return-on-Tangible-Equity Chart

Bank of Cyprus Holdings 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 -3.27 -9.11 1.38 2.82 22.15

Bank of Cyprus Holdings Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Dec23
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 -10.59 14.37 18.82 23.81 -

Competitive Comparison of Bank of Cyprus Holdings's Return-on-Tangible-Equity

For the Banks - Regional subindustry, Bank of Cyprus Holdings'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.


Bank of Cyprus Holdings's Return-on-Tangible-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Bank of Cyprus Holdings's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Bank of Cyprus Holdings's Return-on-Tangible-Equity falls into.



Bank of Cyprus Holdings Return-on-Tangible-Equity Calculation

Bank of Cyprus Holdings'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 )
=524.288/( (2094.786+2638.275 )/ 2 )
=524.288/2366.5305
=22.15 %

Bank of Cyprus Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2023 )  (Q: Mar. 2023 )(Q: Jun. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2023 )  (Q: Mar. 2023 )(Q: Jun. 2023 )
=543.96/( (2216.03+2353.662)/ 2 )
=543.96/2284.846
=23.81 %

* 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 (Jun. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Bank of Cyprus Holdings  (OTCPK:BKCYF) 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.


Bank of Cyprus Holdings Return-on-Tangible-Equity Related Terms

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


Bank of Cyprus Holdings (Bank of Cyprus Holdings) Business Description

Traded in Other Exchanges
Address
51 Stasinou Street, Ayia Paraskevi, Strovolos, Nicosia, CYP, CY 2002
Bank of Cyprus Holdings PLC along with its subsidiary companies involve the provision of banking, financial, and insurance services and the management and disposal of property predominately acquired in exchange for debt. The Group's activities are mainly concentrated in Cyprus.

Bank of Cyprus Holdings (Bank of Cyprus Holdings) Headlines

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