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Bank Bradesco Return-on-Tangible-Equity

: 17.92% (As of Dec. 2019)
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Return-on-Tangible-Equity is calculated as Net Income attributable to Common Stockholders divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Bank Bradesco's annualized net income attributable to common stockholders for the quarter that ended in Dec. 2019 was $5,122 Mil. Bank Bradesco's average shareholder tangible equity for the quarter that ended in Dec. 2019 was $28,588 Mil. Therefore, Bank Bradesco's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2019 was 17.92%.

NYSE:BBD' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 10.56   Med: 19.53   Max: 22.97
Current: 18.4

10.56
22.97

During the past 13 years, Bank Bradesco's highest Return-on-Tangible-Equity was 22.97%. The lowest was 10.56%. And the median was 19.53%.

NYSE:BBD's Return-on-Tangible-Equity is ranked higher than
93% of the 1396 Companies
in the Banks industry.

( Industry Median: 8.65 vs. NYSE:BBD: 18.40 )

Bank Bradesco Return-on-Tangible-Equity Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Bank Bradesco Annual Data
Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Return-on-Tangible-Equity Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 18.79 22.15 18.07 14.58 17.92

Bank Bradesco Semi-Annual Data
Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 18.79 22.15 18.07 14.58 17.92

Competitive Comparison
* 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.


Bank Bradesco Return-on-Tangible-Equity Distribution

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



Bank Bradesco Return-on-Tangible-Equity Calculation

Bank Bradesco's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2019 is calculated as

Return-on-Tangible-Equity=Net Income attributable to Common Stockholders/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2019 )  (A: Dec. 2018 )(A: Dec. 2019 )
=Net Income attributable to Common Stockholders/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2019 )  (A: Dec. 2018 )(A: Dec. 2019 )
=5121.9449384822/( (27848.510841016+29327.523206237 )/ 2 )
=5121.9449384822/28588.017023626
=17.92 %

Bank Bradesco's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2019 is calculated as

Return-on-Tangible-Equity=Net Income attributable to Common Stockholders/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2019 )  (Q: Dec. 2018 )(Q: Dec. 2019 )
=Net Income attributable to Common Stockholders/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2019 )  (Q: Dec. 2018 )(Q: Dec. 2019 )
=5121.9449384822/( (27848.510841016+29327.523206237)/ 2 )
=5121.9449384822/28588.017023626
=17.92 %

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

In the calculation of annual Return-on-Tangible-Equity, the net income attributable to common stockholders 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 attributable to common stockholders data used here is one times the annual (Dec. 2019) net income attributable to common stockholders data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Bank Bradesco  (NYSE:BBD) 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 attributable to common stockholders 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 Bradesco Return-on-Tangible-Equity Related Terms


Bank Bradesco Return-on-Tangible-Equity Headlines

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