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Citizen Bank International (XNEP:CZBIL) Return-on-Tangible-Asset : 0.83% (As of Jan. 2025)


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What is Citizen Bank International 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. Citizen Bank International's annualized Net Income for the quarter that ended in Jan. 2025 was NPR1,875 Mil. Citizen Bank International's average total tangible assets for the quarter that ended in Jan. 2025 was NPR226,279 Mil. Therefore, Citizen Bank International's annualized Return-on-Tangible-Asset for the quarter that ended in Jan. 2025 was 0.83%.

The historical rank and industry rank for Citizen Bank International's Return-on-Tangible-Asset or its related term are showing as below:

XNEP:CZBIL' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.56   Med: 1.51   Max: 2.68
Current: 0.56

During the past 13 years, Citizen Bank International's highest Return-on-Tangible-Asset was 2.68%. The lowest was 0.56%. And the median was 1.51%.

XNEP:CZBIL's Return-on-Tangible-Asset is ranked worse than
69.79% of 1589 companies
in the Banks industry
Industry Median: 0.89 vs XNEP:CZBIL: 0.56

Citizen Bank International Return-on-Tangible-Asset Historical Data

The historical data trend for Citizen Bank International'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.

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Citizen Bank International Return-on-Tangible-Asset Chart

Citizen Bank International Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.22 1.32 1.12 0.97 0.65

Citizen Bank International Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
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 0.74 0.80 0.25 0.37 0.83

Competitive Comparison of Citizen Bank International's Return-on-Tangible-Asset

For the Banks - Regional subindustry, Citizen Bank International'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.


Citizen Bank International's Return-on-Tangible-Asset Distribution in the Banks Industry

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

* The bar in red indicates where Citizen Bank International's Return-on-Tangible-Asset falls into.


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Citizen Bank International Return-on-Tangible-Asset Calculation

Citizen Bank International's annualized Return-on-Tangible-Asset for the fiscal year that ended in Jul. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Jul. 2024 )  (A: Jul. 2023 )(A: Jul. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Jul. 2024 )  (A: Jul. 2023 )(A: Jul. 2024 )
=1358.917/( (198418.058+222279.025)/ 2 )
=1358.917/210348.5415
=0.65 %

Citizen Bank International's annualized Return-on-Tangible-Asset for the quarter that ended in Jan. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Jan. 2025 )  (Q: Oct. 2024 )(Q: Jan. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Jan. 2025 )  (Q: Oct. 2024 )(Q: Jan. 2025 )
=1874.692/( (224824.078+227733.713)/ 2 )
=1874.692/226278.8955
=0.83 %

* 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 (Jan. 2025) net income data.


Citizen Bank International  (XNEP:CZBIL) 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.


Citizen Bank International Return-on-Tangible-Asset Related Terms

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Citizen Bank International Business Description

Traded in Other Exchanges
N/A
Address
Narayanhiti Path, P.O.BOX: 19681, Kathmandu, NPL
Citizen Bank International Ltd operates as a commercial bank. The company provides commercial banking services including agency services, trade finance services, e-commerce services, and trading of gold and silver. Its products include Online Products; Deposits; loans; Cards; and remittances. The operating segments of the group are Banking; Treasury; Cards; and Remittance, of which a majority of revenue is derived from Banking which comprises the product and service of loans and deposits, and generates revenue from interest on a loan.

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