GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Dutch-Bangla Bank PLC (DHA:DUTCHBANGL) » Definitions » Return-on-Tangible-Equity

Dutch-Bangla Bank (DHA:DUTCHBANGL) Return-on-Tangible-Equity : 10.51% (As of Mar. 2024)


View and export this data going back to . Start your Free Trial

What is Dutch-Bangla Bank 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. Dutch-Bangla Bank's annualized net income for the quarter that ended in Mar. 2024 was BDT5,126 Mil. Dutch-Bangla Bank's average shareholder tangible equity for the quarter that ended in Mar. 2024 was BDT48,778 Mil. Therefore, Dutch-Bangla Bank's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was 10.51%.

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

DHA:DUTCHBANGL' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 10.31   Med: 16.72   Max: 19.74
Current: 17.68

During the past 11 years, Dutch-Bangla Bank's highest Return-on-Tangible-Equity was 19.74%. The lowest was 10.31%. And the median was 16.72%.

DHA:DUTCHBANGL's Return-on-Tangible-Equity is ranked better than
82.94% of 1454 companies
in the Banks industry
Industry Median: 10.72 vs DHA:DUTCHBANGL: 17.68

Dutch-Bangla Bank Return-on-Tangible-Equity Historical Data

The historical data trend for Dutch-Bangla Bank'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.

Dutch-Bangla Bank Return-on-Tangible-Equity Chart

Dutch-Bangla Bank 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 17.18 18.42 16.07 14.41 17.85

Dutch-Bangla Bank 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 11.86 10.75 15.92 33.53 10.51

Competitive Comparison of Dutch-Bangla Bank's Return-on-Tangible-Equity

For the Banks - Regional subindustry, Dutch-Bangla Bank'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.


Dutch-Bangla Bank's Return-on-Tangible-Equity Distribution in the Banks Industry

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

* The bar in red indicates where Dutch-Bangla Bank's Return-on-Tangible-Equity falls into.



Dutch-Bangla Bank Return-on-Tangible-Equity Calculation

Dutch-Bangla Bank'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 )
=8017.399/( (41638.755+48172.765 )/ 2 )
=8017.399/44905.76
=17.85 %

Dutch-Bangla Bank'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 )
=5126.06/( (48172.765+49382.896)/ 2 )
=5126.06/48777.8305
=10.51 %

* 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.


Dutch-Bangla Bank  (DHA:DUTCHBANGL) 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.


Dutch-Bangla Bank Return-on-Tangible-Equity Related Terms

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


Dutch-Bangla Bank (DHA:DUTCHBANGL) Business Description

Traded in Other Exchanges
N/A
Address
47 Motijheel Commercial Area, Dhaka, BGD, 1000
Dutch-Bangla Bank PLC offers a range of banking and investment services for personal and corporate customers. The principal activities of the Bank are to carry on all kinds of commercial banking business in Bangladesh. It provides full range of real-time online banking services such as retail loan products, business loans, LC trade, and deposits, through all Branches, Internet Payment Gateway, ATMs, ADMs and Internet Banking Channels.

Dutch-Bangla Bank (DHA:DUTCHBANGL) Headlines

No Headlines