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ONE Swiss Bank (XSWX:ONE) Return-on-Tangible-Equity : 31.01% (As of Jun. 2023)


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What is ONE Swiss Bank 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. ONE Swiss Bank's annualized net income for the quarter that ended in Jun. 2023 was CHF11.62 Mil. ONE Swiss Bank's average shareholder tangible equity for the quarter that ended in Jun. 2023 was CHF37.48 Mil. Therefore, ONE Swiss Bank's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2023 was 31.01%.

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

XSWX:ONE' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -11.65   Med: 0.18   Max: 20.53
Current: 20.53

During the past 13 years, ONE Swiss Bank's highest Return-on-Tangible-Equity was 20.53%. The lowest was -11.65%. And the median was 0.18%.

XSWX:ONE's Return-on-Tangible-Equity is ranked better than
87.72% of 1450 companies
in the Banks industry
Industry Median: 10.905 vs XSWX:ONE: 20.53

ONE Swiss Bank Return-on-Tangible-Equity Historical Data

The historical data trend for ONE Swiss 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.

* Premium members only.

ONE Swiss Bank Return-on-Tangible-Equity Chart

ONE Swiss Bank Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.58 -1.09 -4.83 -11.65 2.06

ONE Swiss Bank Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 -13.49 -13.31 -5.51 9.09 31.01

Competitive Comparison of ONE Swiss Bank's Return-on-Tangible-Equity

For the Banks - Regional subindustry, ONE Swiss 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.


ONE Swiss Bank's Return-on-Tangible-Equity Distribution in the Banks Industry

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

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



ONE Swiss Bank Return-on-Tangible-Equity Calculation

ONE Swiss Bank'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 )
=0.658/( (29.595+34.293 )/ 2 )
=0.658/31.944
=2.06 %

ONE Swiss Bank's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2023 )  (Q: Dec. 2022 )(Q: Jun. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2023 )  (Q: Dec. 2022 )(Q: Jun. 2023 )
=11.622/( (34.293+40.669)/ 2 )
=11.622/37.481
=31.01 %

* 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 two times the semi-annual (Jun. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


ONE Swiss Bank  (XSWX:ONE) 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.


ONE Swiss Bank Return-on-Tangible-Equity Related Terms

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


ONE Swiss Bank (XSWX:ONE) Business Description

Traded in Other Exchanges
Address
Chemin des Mines 9, Geneve, CHE, 1202
ONE swiss bank SA is engaged mainly in the management of private assets, as well as the operation of a depositary bank for private and institutional clients. Mortgages are also granted to clients holding substantial deposits. The Bank also relies on the quantitative management and insurance skills of the portfolio of the asset management teams of the Dynagest by ONE unit. The bank has offices in Geneva, Lugano, and Zurich and a subsidiary in Dubai.

ONE Swiss Bank (XSWX:ONE) Headlines

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