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TF Bank AB (FRA:6TF) Return-on-Tangible-Equity : 38.37% (As of Dec. 2024)


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What is TF Bank AB 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. TF Bank AB's annualized net income for the quarter that ended in Dec. 2024 was €85.0 Mil. TF Bank AB's average shareholder tangible equity for the quarter that ended in Dec. 2024 was €221.7 Mil. Therefore, TF Bank AB's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2024 was 38.37%.

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

FRA:6TF' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 21.48   Med: 28.2   Max: 32.74
Current: 27.35

During the past 12 years, TF Bank AB's highest Return-on-Tangible-Equity was 32.74%. The lowest was 21.48%. And the median was 28.20%.

FRA:6TF's Return-on-Tangible-Equity is ranked better than
94.86% of 1537 companies
in the Banks industry
Industry Median: 10.46 vs FRA:6TF: 27.35

TF Bank AB Return-on-Tangible-Equity Historical Data

The historical data trend for TF Bank AB'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.

TF Bank AB Return-on-Tangible-Equity Chart

TF Bank AB 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 22.37 23.40 22.22 21.31 26.52

TF Bank AB Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 22.05 21.85 22.43 25.12 38.37

Competitive Comparison of TF Bank AB's Return-on-Tangible-Equity

For the Banks - Regional subindustry, TF Bank AB'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.


TF Bank AB's Return-on-Tangible-Equity Distribution in the Banks Industry

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

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



TF Bank AB Return-on-Tangible-Equity Calculation

TF Bank AB'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 )
=54.974/( (183.718+230.826 )/ 2 )
=54.974/207.272
=26.52 %

TF Bank AB's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2024 )  (Q: Sep. 2024 )(Q: Dec. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2024 )  (Q: Sep. 2024 )(Q: Dec. 2024 )
=85.044/( (212.483+230.826)/ 2 )
=85.044/221.6545
=38.37 %

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


TF Bank AB  (FRA:6TF) 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.


TF Bank AB Return-on-Tangible-Equity Related Terms

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


TF Bank AB Business Description

Industry
Traded in Other Exchanges
Address
Lilla Brogatan 6, PO Box 947, Boras, SWE, 50110
TF Bank AB is a digital bank offering consumer banking services and e-commerce solutions through a proprietary IT platform with a high degree of automation. The platform is designed for scalability and adaptability to different products, countries, currencies, and digital banking solutions. TF Bank prioritizes organic growth under controlled conditions and expansion is taking place in carefully selected segments and markets. The business is conducted in Sweden, Finland, Norway, Denmark, Estonia, Latvia, Lithuania, Poland, Germany, Austria, Spain, Ireland and the Netherlands through subsidiary, branch or cross-border banking with the support of the Swedish banking license.

TF Bank AB Headlines

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