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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 Pine's annualized net income for the quarter that ended in Mar. 2026 was R$600 Mil. Banco Pine's average shareholder tangible equity for the quarter that ended in Mar. 2026 was R$1,545 Mil. Therefore, Banco Pine's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 38.82%.
The historical rank and industry rank for Banco Pine's Return-on-Tangible-Equity or its related term are showing as below:
BSP:PINE3'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -25.57 Med: -0.24 Max: 39.68
Current: 39.68
During the past 13 years, Banco Pine's highest Return-on-Tangible-Equity was 39.68%. The lowest was -25.57%. And the median was -0.24%.
BSP:PINE3's Return-on-Tangible-Equity is ranked better than 97.97% of 1526
companies
in the Banks industry
Industry Median: 11.205
vs BSP:PINE3: 39.68
Banco Pine (BSP:PINE3) 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 Pine Return-on-Tangible-Equity Related Terms
Banco Pine Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Banco Pine'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.
BSP:PINE3 vs PNC, USB: Return-on-Tangible-Equity Comparison
For the Banks - Regional subindustry, Banco Pine'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 Pine Return-on-Tangible-Equity vs Banks Industry
For the Banks industry and Financial Services sector, Banco Pine's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Banco Pine'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 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 four times the quarterly (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 38.82% mean?
Banco Pine (BSP:PINE3) has a Return-on-Tangible-Equity of 38.82% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Banco Pine and its competitors. According to the industry distribution chart, Banco Pine ranks #31 out of 1526 companies in the Banks industry, placing it in the top 2%.
Is Banco Pine's Return-on-Tangible-Equity too high?
Banco Pine's current Return-on-Tangible-Equity is 38.82%. The Banks industry median Return-on-Tangible-Equity is 11.21. Banco Pine's value of 38.82% is 246.5% above this industry median. Based on the distribution chart, Banco Pine ranks #31 out of 1526 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, Banco Pine has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Banco Pine's Return-on-Tangible-Equity compare to PNC and USB?
According to the Banks industry distribution chart, Banco Pine ranks #31 out of 1526 companies for Return-on-Tangible-Equity. This places Banco Pine in the top 2% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 11.21. Banco Pine's value of 38.82% is 246.5% 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 11.21, based on 1,526 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 Pine's current Return-on-Tangible-Equity of 38.82% is 246.5% 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 Pine and its competitors. For the Banks industry, the median Return-on-Tangible-Equity is 11.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Banco Pine's current Return-on-Tangible-Equity is 38.82%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Banco Pine stock overvalued right now?
Based on GuruFocus' analysis, Banco Pine (BSP:PINE3) is currently considered Fairly Valued. The stock's GF Value™ is R$12.69, compared to a current price of R$11.99 — trading 5.5% below its estimated fair value. The current Return-on-Tangible-Equity is 38.82% and 246.5% above the Banks industry median of 11.21. Banco Pine's overall GF Score™ is 70/100 with 2 warning signs to review. 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 Pine (BSP:PINE3), the current Return-on-Tangible-Equity is 38.82% as of Mar. 2026. 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.
Is Banco Pine (BSP:PINE3) Overvalued in 2026?
Based on GuruFocus' analysis, Banco Pine stock appears to be undervalued.
The current stock price of R$11.99 is trading 5.5% below its estimated GF Value™ of R$12.69.
GuruFocus considers Banco Pine to be Fairly Valued.
Key valuation signals for BSP:PINE3:
Return-on-Tangible-Equity: 38.82%
GF Value™: R$12.69 vs. price of R$11.99 (5.5% below fair value)
Industry Position: 246.5% above the Banks median (#31 of 1526)
No single metric tells the full story. See the BSP:PINE3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Banco Pine SA is a banking company. It operates commercial, credit and financing and foreign exchange portfolios. The company's operations are conducted in the context of a group of institutions which act jointly, and certain transactions involve the co-participation or intermediation of member companies of the Pine financial conglomerate. The benefits from the intercompany services and the costs for the operating and administrative structures are absorbed, either jointly or individually, by these companies as is practicable and reasonable in the circumstances.
70GF Score
Get the complete analysis for BSP:PINE3
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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