Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
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. Republic First Bancorp's annualized net income for the quarter that ended in Sep. 2022 was $6.2 Mil. Republic First Bancorp's average shareholder tangible equity for the quarter that ended in Sep. 2022 was $212.2 Mil. Therefore, Republic First Bancorp's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2022 was 2.93%.
The historical rank and industry rank for Republic First Bancorp's Return-on-Tangible-Equity or its related term are showing as below:
FRBKQ's Return-on-Tangible-Equity is not ranked *
in the Banks industry.
Industry Median: 11.29 * Ranked among companies with meaningful Return-on-Tangible-Equity only.
Republic First Bancorp (OTCPK:FRBKQ) 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.
Republic First Bancorp Return-on-Tangible-Equity Related Terms
Republic First Bancorp Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Republic First Bancorp'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.
Republic First Bancorp Return-on-Tangible-Equity Chart
FRBKQ vs GWBK, LBNW, SRNN: Return-on-Tangible-Equity Comparison
For the Banks - Regional subindustry, Republic First Bancorp'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.
Republic First Bancorp Return-on-Tangible-Equity vs Banks Industry
For the Banks industry and Financial Services sector, Republic First Bancorp's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Republic First Bancorp'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 (Sep. 2022) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 2.93% mean?
Republic First Bancorp (FRBKQ) has a Return-on-Tangible-Equity of 2.93% as of Sep. 2022. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Republic First Bancorp and its competitors.
Is Republic First Bancorp's Return-on-Tangible-Equity too high?
Republic First Bancorp's current Return-on-Tangible-Equity is 2.93%. The Banks industry median Return-on-Tangible-Equity is 11.29. Republic First Bancorp's value of 2.93% is 74% below this industry median. Overall, Republic First Bancorp has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Republic First Bancorp's Return-on-Tangible-Equity compare to GWBK and LBNW?
Republic First Bancorp's Return-on-Tangible-Equity of 2.93% can be compared against companies in the Banks industry. The industry median Return-on-Tangible-Equity is 11.29. Republic First Bancorp's value of 2.93% is 74% below this benchmark. 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 11.29, based on 1,523 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. Republic First Bancorp's current Return-on-Tangible-Equity of 2.93% is 74% 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 Republic First Bancorp and its competitors. For the Banks industry, the median Return-on-Tangible-Equity is 11.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Republic First Bancorp's current Return-on-Tangible-Equity is 2.93%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Republic First Bancorp stock overvalued right now?
Republic First Bancorp (FRBKQ) has a current Return-on-Tangible-Equity of 2.93%. The current Return-on-Tangible-Equity is 2.93% and 74% below the Banks industry median of 11.29. Republic First Bancorp's overall GF Score™ is 16/100. 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 Republic First Bancorp (FRBKQ), the current Return-on-Tangible-Equity is 2.93% as of Sep. 2022. 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.
Republic First Bancorp Inc is an American state-chartered bank. It is principally a holding company for Republic First Bank. The bank offers a range of credit and depository banking products and services, such as consumer and commercial deposit accounts, interest-bearing demand accounts, savings accounts, secured and unsecured commercial loans, real estate loans, automobile loans, mortgages, and other products. It operates in the reportable segment of Community banking.
16GF Score
Get the complete analysis for FRBKQ
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRBKQ has been successfully added to your 
