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MNB Holdings (OTCPK:MNBO) Return-on-Tangible-Equity

: -2.85% (As of Dec. 2022)
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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. MNB Holdings's annualized net income for the quarter that ended in Dec. 2022 was $-0.80 Mil. MNB Holdings's average shareholder tangible equity for the quarter that ended in Dec. 2022 was $27.96 Mil. Therefore, MNB Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2022 was -2.85%.

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

MNBO' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -3.98   Med: 7.68   Max: 10.95
Current: -2.85

During the past 13 years, MNB Holdings's highest Return-on-Tangible-Equity was 10.95%. The lowest was -3.98%. And the median was 7.68%.

MNBO's Return-on-Tangible-Equity is ranked worse than
97.14% of 1435 companies
in the Banks industry
Industry Median: 11.55 vs MNBO: -2.85

MNB Holdings Return-on-Tangible-Equity Historical Data

The historical data trend for MNB 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.

MNB Holdings Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Return-on-Tangible-Equity
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.15 8.20 -3.98 -0.73 -2.85

MNB Holdings Semi-Annual Data
Dec04 Dec05 Dec06 Dec07 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Return-on-Tangible-Equity 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 9.15 8.20 -3.98 -0.73 -2.85

Competitive Comparison

For the Banks - Regional subindustry, MNB 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.

   

MNB Holdings Return-on-Tangible-Equity Distribution

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

* The bar in red indicates where MNB Holdings'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.



MNB Holdings Return-on-Tangible-Equity Calculation

MNB Holdings's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2022 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=-0.797/( (28.354+27.557 )/ 2 )
=-0.797/27.9555
=-2.85 %

MNB Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2022 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2022 )  (Q: Dec. 2021 )(Q: Dec. 2022 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2022 )  (Q: Dec. 2021 )(Q: Dec. 2022 )
=-0.797/( (28.354+27.557)/ 2 )
=-0.797/27.9555
=-2.85 %

* 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 (Dec. 2022) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


MNB Holdings  (OTCPK:MNBO) 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.


MNB Holdings Return-on-Tangible-Equity Related Terms

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


MNB Holdings (OTCPK:MNBO) Business Description

MNB Holdings logo
Traded in Other Exchanges
N/A
Address
3060 16th Street, San Francisco, CA, USA, 94103
MNB Holdings Corp is a commercial bank. It provides business checking, business lending, and personal banking services. In business banking, it offers business money market, business savings, business checking analyzed and Attorney Trust Account. The company provides service to underserved groups, such as commercial banking services to minority small businesses, and niche retail segments and geographic operating areas.
Executives
Maritza Aberouette director 3060 16TH STREET, C/O MNB HOLDINGS CORP, SAN FRANCISCO CA 94103

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