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Spar Nord Bank AS (CHIX:SPNOC) Return-on-Tangible-Equity : 13.55% (As of Mar. 2025)


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What is Spar Nord Bank AS 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. Spar Nord Bank AS's annualized net income for the quarter that ended in Mar. 2025 was kr1,964 Mil. Spar Nord Bank AS's average shareholder tangible equity for the quarter that ended in Mar. 2025 was kr14,495 Mil. Therefore, Spar Nord Bank AS's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 was 13.55%.

The historical rank and industry rank for Spar Nord Bank AS's Return-on-Tangible-Equity or its related term are showing as below:

CHIX:SPNOc' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 7.44   Med: 11.76   Max: 18.91
Current: 14.77

During the past 13 years, Spar Nord Bank AS's highest Return-on-Tangible-Equity was 18.91%. The lowest was 7.44%. And the median was 11.76%.

CHIX:SPNOc's Return-on-Tangible-Equity is ranked better than
73.73% of 1580 companies
in the Banks industry
Industry Median: 10.285 vs CHIX:SPNOc: 14.77

Spar Nord Bank AS Return-on-Tangible-Equity Historical Data

The historical data trend for Spar Nord Bank AS'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.

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Spar Nord Bank AS Return-on-Tangible-Equity Chart

Spar Nord Bank AS Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.44 12.60 12.04 18.91 16.00

Spar Nord Bank AS Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 20.21 16.58 16.55 12.64 13.55

Competitive Comparison of Spar Nord Bank AS's Return-on-Tangible-Equity

For the Banks - Regional subindustry, Spar Nord Bank AS'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.


Spar Nord Bank AS's Return-on-Tangible-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Spar Nord Bank AS's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Spar Nord Bank AS's Return-on-Tangible-Equity falls into.


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Spar Nord Bank AS Return-on-Tangible-Equity Calculation

Spar Nord Bank AS's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=2222/( (13560+14212 )/ 2 )
=2222/13886
=16.00 %

Spar Nord Bank AS's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=1964/( (14212+14777)/ 2 )
=1964/14494.5
=13.55 %

* 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. 2025) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Spar Nord Bank AS  (CHIX:SPNOc) 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.


Spar Nord Bank AS Return-on-Tangible-Equity Related Terms

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


Spar Nord Bank AS Business Description

Traded in Other Exchanges
Address
Skelagervej 15, Aalborg, DNK, 9100
Spar Nord Bank AS is a retail bank operating in Denmark. About half of the bank's presence is in North Jutland. The company mostly grew outside its home base via mergers and acquisitions. It caters to common households and local small and medium-sized enterprises. The company's pioneers emphasizes personalization and financial technology. Almost all of the bank's income is net interest income, followed by net fees, charges, and commissions. The majority of the bank's loan portfolio is business lending. The bank's business loan portfolio is diversified among several industries, notably financial services, real estate, trade, and agriculture, hunting, and forestry.

Spar Nord Bank AS Headlines

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