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First Greenwich FinancialFGFI 66 Return-on-Tangible-Equity is 10.62% as of Jun. 2026, which is 45% above its 10-year median of 7.30. GuruFocus rates FGFI with a GF Score™ of 66/100 and a GF Value™ of $21.09 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,526 Banks companies, First Greenwich Financial ranks worse than 67.23% on this metric.
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. First Greenwich Financial's annualized net income for the quarter that ended in Jun. 2026 was $6.14 Mil. First Greenwich Financial's average shareholder tangible equity for the quarter that ended in Jun. 2026 was $57.84 Mil. Therefore, First Greenwich Financial's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 was 10.62%.
The historical rank and industry rank for First Greenwich Financial's Return-on-Tangible-Equity or its related term are showing as below:
FGFI'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 3.53 Med: 7.3 Max: 16.3
Current: 8.3
During the past 9 years, First Greenwich Financial's highest Return-on-Tangible-Equity was 16.30%. The lowest was 3.53%. And the median was 7.30%.
FGFI's Return-on-Tangible-Equity is ranked worse than 67.23% of 1526
companies
in the Banks industry
Industry Median: 11.205
vs FGFI: 8.30
First Greenwich Financial (OTCPK:FGFI) 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.
First Greenwich Financial Return-on-Tangible-Equity Related Terms
First Greenwich Financial Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for First Greenwich Financial'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.
First Greenwich Financial Return-on-Tangible-Equity Chart
FGFI vs DENI, PVBK, TCBS: Return-on-Tangible-Equity Comparison
For the Banks - Regional subindustry, First Greenwich Financial'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.
First Greenwich Financial Return-on-Tangible-Equity vs Banks Industry
For the Banks industry and Financial Services sector, First Greenwich Financial's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where First Greenwich Financial'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 (Jun. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 10.62% mean?
First Greenwich Financial (FGFI) has a Return-on-Tangible-Equity of 10.62% as of Jun. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on First Greenwich Financial and its competitors. This is 45% above median its historical median of 7.30. Over the past decade, First Greenwich Financial's Return-on-Tangible-Equity has ranged from 3.53 to 16.30. According to the industry distribution chart, First Greenwich Financial ranks #1026 out of 1526 companies in the Banks industry, placing it in the top 67.2%.
Is First Greenwich Financial's Return-on-Tangible-Equity too high?
First Greenwich Financial's current Return-on-Tangible-Equity of 10.62% is 45% above median its 10-year median of 7.30. Over the past 10 years, this metric has ranged from a low of 3.53 to a high of 16.30. The Banks industry median Return-on-Tangible-Equity is 11.21. First Greenwich Financial's value of 10.62% is 5.2% below this industry median. Based on the distribution chart, First Greenwich Financial ranks #1026 out of 1526 companies in the Banks industry, which is below the industry midpoint. Overall, First Greenwich Financial has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does First Greenwich Financial's Return-on-Tangible-Equity compare to DENI and PVBK?
According to the Banks industry distribution chart, First Greenwich Financial ranks #1026 out of 1526 companies for Return-on-Tangible-Equity. This places First Greenwich Financial in the lower half of its industry. The industry median Return-on-Tangible-Equity is 11.21. First Greenwich Financial's value of 10.62% is 5.2% below this benchmark. Historically, First Greenwich Financial's own Return-on-Tangible-Equity has ranged from 3.53 to 16.30 over the past decade. While the company's 10-year median is 7.30 vs. the industry median of 11.21, First Greenwich Financial has consistently been below the industry average. 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. First Greenwich Financial's current Return-on-Tangible-Equity of 10.62% is 5.2% below 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 First Greenwich Financial 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. First Greenwich Financial's current Return-on-Tangible-Equity is 10.62%, which is 45% above median its own 10-year median of 7.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Greenwich Financial stock overvalued right now?
Based on GuruFocus' analysis, First Greenwich Financial (FGFI) is currently considered Fairly Valued. The stock's GF Value™ is $21.09, compared to a current price of $19.65 — trading 6.8% below its estimated fair value. The current Return-on-Tangible-Equity is 10.62%, which is 45% above median its 10-year median of 7.30 and 5.2% below the Banks industry median of 11.21. First Greenwich Financial's overall GF Score™ is 66/100 with 3 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 First Greenwich Financial (FGFI), the current Return-on-Tangible-Equity is 10.62% as of Jun. 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 First Greenwich Financial (FGFI) Overvalued in 2026?
Based on GuruFocus' analysis, First Greenwich Financial stock appears to be undervalued.
The current stock price of $19.65 is trading 6.8% below its estimated GF Value™ of $21.09.
GuruFocus considers First Greenwich Financial to be Fairly Valued.
Key valuation signals for FGFI:
Return-on-Tangible-Equity: 10.62% (45% above median its 10-year median of 7.30)
GF Value™: $21.09 vs. price of $19.65 (6.8% below fair value)
Industry Position: 5.2% below the Banks median (#1026 of 1526)
No single metric tells the full story. See the FGFI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
First Greenwich Financial Inc is a United States-based company engaged in attracting deposits from the general public and investing those deposits in residential & commercial real estate loans and consumer & small business loans. It offers services including Certificate of Deposit, Checking, Courier Service, Online Banking, Retirement Accounts, and Lending services, among others.
66GF Score
Get the complete analysis for FGFI
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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