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Republic Bank (Ghana) (XGHA:RBGH) Return-on-Tangible-Asset : 2.58% (As of Mar. 2025)


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What is Republic Bank (Ghana) Return-on-Tangible-Asset?

Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Republic Bank (Ghana)'s annualized Net Income for the quarter that ended in Mar. 2025 was GHS242.3 Mil. Republic Bank (Ghana)'s average total tangible assets for the quarter that ended in Mar. 2025 was GHS9,390.7 Mil. Therefore, Republic Bank (Ghana)'s annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 was 2.58%.

The historical rank and industry rank for Republic Bank (Ghana)'s Return-on-Tangible-Asset or its related term are showing as below:

XGHA:RBGH' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -2.76   Med: 1.92   Max: 4.93
Current: 1.7

During the past 13 years, Republic Bank (Ghana)'s highest Return-on-Tangible-Asset was 4.93%. The lowest was -2.76%. And the median was 1.92%.

XGHA:RBGH's Return-on-Tangible-Asset is ranked better than
82.12% of 1588 companies
in the Banks industry
Industry Median: 0.89 vs XGHA:RBGH: 1.70

Republic Bank (Ghana) Return-on-Tangible-Asset Historical Data

The historical data trend for Republic Bank (Ghana)'s Return-on-Tangible-Asset 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.

Republic Bank (Ghana) Return-on-Tangible-Asset Chart

Republic Bank (Ghana) Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.52 1.61 2.23 -1.36 2.32

Republic Bank (Ghana) Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25
Return-on-Tangible-Asset 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 2.88 2.61 2.35 1.87 2.58

Competitive Comparison of Republic Bank (Ghana)'s Return-on-Tangible-Asset

For the Banks - Regional subindustry, Republic Bank (Ghana)'s Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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.


Republic Bank (Ghana)'s Return-on-Tangible-Asset Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Republic Bank (Ghana)'s Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Republic Bank (Ghana)'s Return-on-Tangible-Asset falls into.


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Republic Bank (Ghana) Return-on-Tangible-Asset Calculation

Republic Bank (Ghana)'s annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2023 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=140.026/( (5101.217+6981.228)/ 2 )
=140.026/6041.2225
=2.32 %

Republic Bank (Ghana)'s annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Sep. 2024 )(Q: Mar. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Sep. 2024 )(Q: Mar. 2025 )
=242.26/( (8946.452+9835.028)/ 2 )
=242.26/9390.74
=2.58 %

* 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-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (Mar. 2025) net income data.


Republic Bank (Ghana)  (XGHA:RBGH) Return-on-Tangible-Asset Explanation

Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.


Be Aware

Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the company’s earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a company’s tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.


Republic Bank (Ghana) Return-on-Tangible-Asset Related Terms

Thank you for viewing the detailed overview of Republic Bank (Ghana)'s Return-on-Tangible-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Republic Bank (Ghana) Business Description

Traded in Other Exchanges
N/A
Address
No. 35, Sixth Avenue, North Ridge, P. O. Box CT 4603, Cantonments, Accra, GHA, 4603
Republic Bank (Ghana) PLC is engaged in investment banking, corporate banking, retail banking, mortgage banking, custody services, and pension management. Its reportable segments are Retail or Consumer Banking, Corporate Banking, Microfinance, and Mortgage Banking. The Consumer Banking segment involves private banking services, private customer current accounts, deposits, investment savings products, custody, credit, and consumer loans; Mortgage banking involves mortgage services; Corporate banking provides direct debit facilities, current accounts, overdrafts, loans, and foreign currency; and Microfinance banking incorporates savings account, loan, and other credit facilities. The maximum revenue is generated from its Corporate banking segment.

Republic Bank (Ghana) Headlines

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