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South Bangla Agriculturemmerce Bank (DHA:SBACBANK) Return-on-Tangible-Equity

: 0.00% (As of . 20)
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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. South Bangla Agriculturemmerce Bank's annualized net income for the quarter that ended in . 20 was BDT Mil. South Bangla Agriculturemmerce Bank's average shareholder tangible equity for the quarter that ended in . 20 was BDT Mil. Therefore, South Bangla Agriculturemmerce Bank's annualized Return-on-Tangible-Equity for the quarter that ended in . 20 was %.

The historical rank and industry rank for South Bangla Agriculturemmerce Bank's Return-on-Tangible-Equity or its related term are showing as below:


South Bangla Agriculturemmerce Bank Return-on-Tangible-Equity Historical Data

The historical data trend for South Bangla Agriculturemmerce Bank'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.

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South Bangla Agriculturemmerce Bank Annual Data
Trend
Return-on-Tangible-Equity

South Bangla Agriculturemmerce Bank Semi-Annual Data
Return-on-Tangible-Equity

Competitive Comparison

For the Banks - Regional subindustry, South Bangla Agriculturemmerce Bank'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.

   

South Bangla Agriculturemmerce Bank Return-on-Tangible-Equity Distribution

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

* The bar in red indicates where South Bangla Agriculturemmerce Bank's Return-on-Tangible-Equity falls in comparison to its industry or sector. The grey bar indicates the Return-on-Tangible-Equity's extreme value range as defined by GuruFocus.



South Bangla Agriculturemmerce Bank Return-on-Tangible-Equity Calculation

South Bangla Agriculturemmerce Bank's annualized Return-on-Tangible-Equity for the fiscal year that ended in . 20 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=/( (+ )/ )
=/
= %

South Bangla Agriculturemmerce Bank's annualized Return-on-Tangible-Equity for the quarter that ended in . 20 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=/( (+)/ )
=/
= %

* 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 one times the annual (. 20) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


South Bangla Agriculturemmerce Bank  (DHA:SBACBANK) 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.


South Bangla Agriculturemmerce Bank Return-on-Tangible-Equity Related Terms

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


South Bangla Agriculturemmerce Bank (DHA:SBACBANK) Business Description

South Bangla Agriculturemmerce Bank logo
Comparable Companies
Traded in Other Exchanges
N/A
Address
2-3 Rajuk Avenue, BSC Tower, 5th - 16th Floor, Motijheel, Dhaka, BGD, 1000
South Bangla Agriculture & Commerce Bank Ltd is a commercial bank in Bangladesh. Some of its services include personal banking, SME banking, corporate banking, agricultural banking among others.

South Bangla Agriculturemmerce Bank (DHA:SBACBANK) Headlines

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