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Banco Hipotecario (BUE:BHIP2) Return-on-Tangible-Equity : 21.59% (As of Mar. 2024)


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What is Banco Hipotecario 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. Banco Hipotecario's annualized net income for the quarter that ended in Mar. 2024 was ARS58,052 Mil. Banco Hipotecario's average shareholder tangible equity for the quarter that ended in Mar. 2024 was ARS268,870 Mil. Therefore, Banco Hipotecario's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was 21.59%.

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

BUE:BHIP2' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -23.92   Med: 14.53   Max: 40.01
Current: 40.01

During the past 13 years, Banco Hipotecario's highest Return-on-Tangible-Equity was 40.01%. The lowest was -23.92%. And the median was 14.53%.

BUE:BHIP2's Return-on-Tangible-Equity is ranked better than
96.91% of 1454 companies
in the Banks industry
Industry Median: 10.78 vs BUE:BHIP2: 40.01

Banco Hipotecario Return-on-Tangible-Equity Historical Data

The historical data trend for Banco Hipotecario'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.

Banco Hipotecario Return-on-Tangible-Equity Chart

Banco Hipotecario 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 -20.63 6.58 -23.92 19.42 31.46

Banco Hipotecario Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 52.88 22.21 7.99 107.73 21.59

Competitive Comparison of Banco Hipotecario's Return-on-Tangible-Equity

For the Banks - Regional subindustry, Banco Hipotecario'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 Hipotecario's Return-on-Tangible-Equity Distribution in the Banks Industry

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

* The bar in red indicates where Banco Hipotecario's Return-on-Tangible-Equity falls into.



Banco Hipotecario Return-on-Tangible-Equity Calculation

Banco Hipotecario'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 )
=56565.212/( (151671.403+207948.195 )/ 2 )
=56565.212/179809.799
=31.46 %

Banco Hipotecario's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=58051.584/( (207948.195+329791.146)/ 2 )
=58051.584/268869.6705
=21.59 %

* 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. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Banco Hipotecario  (BUE:BHIP2) 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 Hipotecario Return-on-Tangible-Equity Related Terms

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


Banco Hipotecario (BUE:BHIP2) Business Description

Traded in Other Exchanges
Address
Reconquista 151, Buenos Aires, ARG
Banco Hipotecario SA acts as a banking corporation based in Argentina. The company's operating segment includes Finance, Wholesale Banking, Retail Banking, and Others. Retail Banking segment includes loans granted and other credit products, such as deposit taking from individuals. The Wholesale Banking segment encompasses corporate and financial advice, as well as asset management and loans to large customers. It generates maximum revenue from the Retail banking segment. Some of its product include mortgage credits, personal loans, insurance, cash management, and others. Geographically, it operates only in Argentina.

Banco Hipotecario (BUE:BHIP2) Headlines

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