BNZIF Return-on-Tangible-Equity: 13.58% (As of Dec. 2023)


BNZIF Banco Invex SA Institucion De Banca Multiple-Invex Grupo Financiero BNZIF
8 GF Score
Price $0.49
View Full Analysis

What is Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero Return-on-Tangible-Equity?

Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero BNZIF 8 Return-on-Tangible-Equity is 13.58% as of Dec. 2023. GuruFocus rates BNZIF with a GF Score™ of 8/100.

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. Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero's annualized net income for the quarter that ended in Dec. 2023 was $56.9 Mil. Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero's average shareholder tangible equity for the quarter that ended in Dec. 2023 was $418.6 Mil. Therefore, Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was 13.58%.

The historical rank and industry rank for Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero's Return-on-Tangible-Equity or its related term are showing as below:

BNZIF's Return-on-Tangible-Equity is not ranked *
in the Banks industry.
Industry Median: 11.19
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero  (OTCPK:BNZIF) 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.


Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero Return-on-Tangible-Equity Related Terms


Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero'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.

Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero Return-on-Tangible-Equity Chart

Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.62 9.27 10.68 11.71 13.58

Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero Semi-Annual Data
Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.62 9.27 10.68 11.71 13.58

BNZIF vs PNC, USB, NU: Return-on-Tangible-Equity Comparison

For the Banks - Regional subindustry, Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero'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.


Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero Return-on-Tangible-Equity vs Banks Industry

For the Banks industry and Financial Services sector, Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero's Return-on-Tangible-Equity falls into.


BNZIF
8GF Score
Banco Invex SA Institucion De Banca Multiple-Invex Grupo Financiero BNZIF
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero Return-on-Tangible-Equity Calculation

Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=56.851/( (351.764+485.383 )/ 2 )
=56.851/418.5735
=13.58 %

Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2023 )  (Q: Dec. 2022 )(Q: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Dec. 2022 )(Q: Dec. 2023 )
=56.851/( (351.764+485.383)/ 2 )
=56.851/418.5735
=13.58 %

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

What does a Return-on-Tangible-Equity of 13.58% mean?
Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero (BNZIF) has a Return-on-Tangible-Equity of 13.58% as of Dec. 2023. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero and its competitors.
Is Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero's Return-on-Tangible-Equity too high?
Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero's current Return-on-Tangible-Equity is 13.58%. The Banks industry median Return-on-Tangible-Equity is 11.19. Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero's value of 13.58% is 21.4% above this industry median. Overall, Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero's Return-on-Tangible-Equity compare to PNC and USB?
Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero's Return-on-Tangible-Equity of 13.58% can be compared against companies in the Banks industry. The industry median Return-on-Tangible-Equity is 11.19. Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero's value of 13.58% is 21.4% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for a Banks company?
The median Return-on-Tangible-Equity among Banks companies is 11.19, based on 1,522 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero's current Return-on-Tangible-Equity of 13.58% is 21.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero and its competitors. For the Banks industry, the median Return-on-Tangible-Equity is 11.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero's current Return-on-Tangible-Equity is 13.58%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero stock overvalued right now?
Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero (BNZIF) has a current Return-on-Tangible-Equity of 13.58%. The current Return-on-Tangible-Equity is 13.58% and 21.4% above the Banks industry median of 11.19. Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero's overall GF Score™ is 8/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero (BNZIF), the current Return-on-Tangible-Equity is 13.58% as of Dec. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero Business Description

Address Boulevard Manuel Avila Camacho, Number 40, Piso 9, Lomas De Chapultepec, Mexico City, DF, MEX, 11000
Banco Invex SA Institucion De Banca Multiple-Invex Grupo Financiero is a Mexican financial institution which delivers specialized solutions. The company's business divisions are Private Banking, Business Banking, Cards, Trust, Infrastructure, and Leasing. The services provided by the company includes provision of banking and credit financial services, transactional and fiduciary services, granting of finance to corporate clients, large and medium-sized businesses through commercial loans, working capital credit lines, and other. It also offers various products such as the issuance of letters of credit, transactions with derivatives, financial counseling, and financial factoring operation.
8GF Score

Get the complete analysis for BNZIF

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.49
Price