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. Randolph Bancorp's annualized net income attributable to common stockholders for the quarter that ended in Mar. 2022 was $-0.94 Mil. Randolph Bancorp's average shareholder tangible equity for the quarter that ended in Mar. 2022 was $79.19 Mil. Therefore, Randolph Bancorp's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2022 was -1.19%.
The historical rank and industry rank for Randolph Bancorp's Return-on-Tangible-Equity or its related term are showing as below:
RNDB'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -6.94 Med: -0.8 Max: 25.33
Current: 6.33
During the past 8 years, Randolph Bancorp's highest Return-on-Tangible-Equity was 25.33%. The lowest was -6.94%. And the median was -0.80%.
RNDB's Return-on-Tangible-Equity is ranked worse than 75.12% of 1483
companies
in the Banks industry
Industry Median: 10.88
vs RNDB: 6.33
Randolph Bancorp Return-on-Tangible-Equity Historical Data
The historical data trend for Randolph 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.
Randolph Bancorp Annual Data
Trend
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Return-on-Tangible-Equity
-2.84
-2.87
4.89
25.33
11.12
Randolph Bancorp Quarterly Data
Jun17
Sep17
Dec17
Mar18
Jun18
Sep18
Dec18
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Return-on-Tangible-Equity
18.95
7.36
14.66
3.69
-1.19
Competitive Comparison
For the Banks - Regional subindustry, Randolph 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.
Randolph Bancorp Return-on-Tangible-Equity Distribution
For the Banks industry and Financial Services sector, Randolph Bancorp's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Randolph Bancorp's Return-on-Tangible-Equity falls into.
* 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 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 four times the quarterly (Mar. 2022) net income attributable to common stockholders data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
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.
Randolph Bancorp Return-on-Tangible-Equity Related Terms
Thank you for viewing the detailed overview of Randolph Bancorp's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Randolph Bancorp Inc is a bank holding company of Envision Bank. The company is engaged in providing financial services to individuals, families, and small to mid-size businesses. The business of the company includes accepting deposits from the public and investing those deposits, commercial real estate loans, construction loans, investment securities, and consumer loans. The firm also offers deposit accounts, certificates of deposit, and money market accounts. The company has two reporting segments; Envision Bank, which is the key revenue generating segment; and Envision Mortgage. Envision Mortgage consists primarily of gains on loan origination and sales activities, loan servicing income and interest income on loans held for sale and residential construction loans.
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