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NewBridge Bancorp (NewBridge Bancorp) Return-on-Tangible-Equity : 9.72% (As of Sep. 2015)


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What is NewBridge 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. NewBridge Bancorp's annualized net income for the quarter that ended in Sep. 2015 was $22.3 Mil. NewBridge Bancorp's average shareholder tangible equity for the quarter that ended in Sep. 2015 was $229.3 Mil. Therefore, NewBridge Bancorp's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2015 was 9.72%.

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

NBBC's Return-on-Tangible-Equity is not ranked *
in the Banks industry.
Industry Median: 10.97
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

NewBridge Bancorp Return-on-Tangible-Equity Historical Data

The historical data trend for NewBridge 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.

NewBridge Bancorp Return-on-Tangible-Equity Chart

NewBridge Bancorp Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.94 -14.33 11.82 7.70 8.60

NewBridge Bancorp Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15
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 8.40 7.08 10.73 9.72 5.88

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

For the Banks - Regional subindustry, NewBridge 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.


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

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

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



NewBridge Bancorp Return-on-Tangible-Equity Calculation

NewBridge Bancorp's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2014 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2014 )  (A: Dec. 2013 )(A: Dec. 2014 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2014 )  (A: Dec. 2013 )(A: Dec. 2014 )
=13.976/( (158.404+204.676 )/ 2 )
=13.976/181.54
=7.70 %

NewBridge Bancorp's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2015 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2015 )  (Q: Jun. 2015 )(Q: Sep. 2015 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2015 )  (Q: Jun. 2015 )(Q: Sep. 2015 )
=22.288/( (226.224+232.475)/ 2 )
=22.288/229.3495
=9.72 %

* 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 (Sep. 2015) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


NewBridge Bancorp  (NAS:NBBC) 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.


NewBridge Bancorp Return-on-Tangible-Equity Related Terms

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


NewBridge Bancorp (NewBridge Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
NewBridge Bancorp was incorporated in the State of North Carolina on December 6, 1982. The Company is a bank holding company. The Company through its banking subsidiary provides banking products to small to medium-sized businesses and retail clients in its market areas, including interest-bearing and noninterest-bearing demand deposit accounts, certificates of deposits, individual retirement accounts, overdraft protection, personal and corporate trust services, safe deposit boxes, online banking, corporate cash management, brokerage, financial planning and asset management, and secured and unsecured loans. The Company also offers lending services, including construction, real estate, and commercial and consumer loans, to small to medium-sized businesses, middle market businesses, real estate developers and retail clients that are located in or conduct a substantial portion of their business in the market areas. It maintains operations facilities in Lexington and Reidsville, NC. It operated approximately 40 branch offices in its four markets including Charlotte, Raleigh, the Cape Fear Region and the Piedmont Triad Region and eight loan production offices. The Bank focuses its marketing efforts on small to medium-sized businesses, professionals and retail clients, and on achieving certain strategic objectives, including increasing noninterest income and growing core deposits and loans. The Bank promotes its brand through its association with the Greensboro minor league baseball team and ballpark (NewBridge Bank Park), traditional advertising and promotions, sponsorship of local events and other community-focused campaigns. The Bank also invests in bank-hosted events and client hospitality opportunities that foster relationship building and business development. The Company's clients are located in Brunswick, Davidson, Forsyth, Guilford, Mecklenburg, New Hanover, Pender, Rockingham, Sampson, Stokes and Wake Counties. It faces competition from a number of sources, including commercial banks, thrift institutions, credit unions and other financial institutions and financial intermediaries. The Company is subject to examination by the FDIC and the Commissioner. In addition, it is subject to various other state and federal laws and regulations, including state usury laws, laws relating to fiduciaries, consumer credit, equal credit and fair credit reporting laws and laws relating to branch banking.
Executives
Ramsey K Hamadi officer: SEVP and CFO C/O AMERICAN NATIONAL BANK & TRUST CO., 628 MAIN STREET, DANVILLE VA 24541
G Alfred Webster director P. O. BOX 2037, REIDSVILLE NC 27323

NewBridge Bancorp (NewBridge Bancorp) Headlines

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