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Honat Bancorp (Honat Bancorp) Return-on-Tangible-Equity : 8.86% (As of Dec. 2018)


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What is Honat Bancorp 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. Honat Bancorp's annualized net income for the quarter that ended in Dec. 2018 was $8.68 Mil. Honat Bancorp's average shareholder tangible equity for the quarter that ended in Dec. 2018 was $97.87 Mil. Therefore, Honat Bancorp's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2018 was 8.86%.

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

HONT's Return-on-Tangible-Equity is not ranked *
in the Banks industry.
Industry Median: 10.78
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Honat Bancorp Return-on-Tangible-Equity Historical Data

The historical data trend for Honat 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.

* Premium members only.

Honat Bancorp Return-on-Tangible-Equity Chart

Honat Bancorp Annual Data
Trend Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec17 Dec18
Return-on-Tangible-Equity
Get a 7-Day Free Trial 15.59 17.22 14.84 8.67 8.86

Honat Bancorp Semi-Annual Data
Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec17 Dec18
Return-on-Tangible-Equity Get a 7-Day Free Trial 15.59 17.22 14.84 8.67 8.86

Competitive Comparison of Honat Bancorp's Return-on-Tangible-Equity

For the Banks - Regional subindustry, Honat 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.


Honat Bancorp's Return-on-Tangible-Equity Distribution in the Banks Industry

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

* The bar in red indicates where Honat Bancorp's Return-on-Tangible-Equity falls into.



Honat Bancorp Return-on-Tangible-Equity Calculation

Honat Bancorp's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2018 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2018 )  (A: Dec. 2017 )(A: Dec. 2018 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2018 )  (A: Dec. 2017 )(A: Dec. 2018 )
=8.676/( (95.779+99.964 )/ 2 )
=8.676/97.8715
=8.86 %

Honat Bancorp's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2018 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2018 )  (Q: Dec. 2017 )(Q: Dec. 2018 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2018 )  (Q: Dec. 2017 )(Q: Dec. 2018 )
=8.676/( (95.779+99.964)/ 2 )
=8.676/97.8715
=8.86 %

* 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 one times the annual (Dec. 2018) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Honat Bancorp  (OTCPK:HONT) 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.


Honat Bancorp Return-on-Tangible-Equity Related Terms

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


Honat Bancorp (Honat Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
724 Main Street, P.O. Box 350, Honesdale, PA, USA, 18431-0350
Honat Bancorp Inc is a United States-based Bank holding company. It provides full banking services, including trust services. It offers personal banking, business, and financial services. The services include deposit accounts, loan products, digital banking facilities, mortgage facilities, credit cards, and merchant services, among others. Its loan portfolio segments include Commercial & Industrial, Commercial Real Estate, Consumer 2020 Real Estate, and Consumer.

Honat Bancorp (Honat Bancorp) Headlines

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