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Harbor BanksharesHRBK 65 Return-on-Tangible-Equity is 1.36% as of Dec. 2025, which is 86% below its 10-year median of 9.63. GuruFocus rates HRBK with a GF Score™ of 65/100 and a GF Value™ of $17.91 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,521 Banks companies, Harbor Bankshares ranks worse than 93.36% 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. Harbor Bankshares's annualized net income for the quarter that ended in Dec. 2025 was $1.36 Mil. Harbor Bankshares's average shareholder tangible equity for the quarter that ended in Dec. 2025 was $100.19 Mil. Therefore, Harbor Bankshares's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 1.36%.
The historical rank and industry rank for Harbor Bankshares's Return-on-Tangible-Equity or its related term are showing as below:
HRBK'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -17.21 Med: 9.63 Max: 20.1
Current: 1.36
During the past 13 years, Harbor Bankshares's highest Return-on-Tangible-Equity was 20.10%. The lowest was -17.21%. And the median was 9.63%.
HRBK's Return-on-Tangible-Equity is ranked worse than 93.36% of 1521
companies
in the Banks industry
Industry Median: 11.42
vs HRBK: 1.36
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.
Harbor Bankshares Return-on-Tangible-Equity Related Terms
Harbor Bankshares Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Harbor Bankshares'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.
HRBK vs OTTW, PCLB, GNRV: Return-on-Tangible-Equity Comparison
For the Banks - Regional subindustry, Harbor Bankshares'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.
Harbor Bankshares Return-on-Tangible-Equity vs Banks Industry
For the Banks industry and Financial Services sector, Harbor Bankshares's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Harbor Bankshares'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 one times the annual (Dec. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 1.36% mean?
Harbor Bankshares (HRBK) has a Return-on-Tangible-Equity of 1.36% as of Dec. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Harbor Bankshares and its competitors. This is 86% below median its historical median of 9.63. According to the industry distribution chart, Harbor Bankshares ranks #1420 out of 1521 companies in the Banks industry, placing it in the top 93.4%.
Is Harbor Bankshares' Return-on-Tangible-Equity too high?
Harbor Bankshares' current Return-on-Tangible-Equity of 1.36% is 86% below median its 10-year median of 9.63. The Banks industry median Return-on-Tangible-Equity is 11.42. Harbor Bankshares' value of 1.36% is 88.1% below this industry median. Based on the distribution chart, Harbor Bankshares ranks #1420 out of 1521 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, Harbor Bankshares has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Harbor Bankshares' Return-on-Tangible-Equity compare to OTTW and PCLB?
According to the Banks industry distribution chart, Harbor Bankshares ranks #1420 out of 1521 companies for Return-on-Tangible-Equity. This places Harbor Bankshares in the lower half of its industry. The industry median Return-on-Tangible-Equity is 11.42. Harbor Bankshares' value of 1.36% is 88.1% below this benchmark. While the company's 10-year median is 9.63 vs. the industry median of 11.42, Harbor Bankshares 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 11.42, based on 1,521 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. Harbor Bankshares's current Return-on-Tangible-Equity of 1.36% is 88.1% 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 Harbor Bankshares and its competitors. For the Banks industry, the median Return-on-Tangible-Equity is 11.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Harbor Bankshares's current Return-on-Tangible-Equity is 1.36%, which is 86% below median its own 10-year median of 9.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harbor Bankshares stock overvalued right now?
Based on GuruFocus' analysis, Harbor Bankshares (HRBK) is currently considered Significantly Overvalued. The stock's GF Value™ is $17.91, compared to a current price of $27.80 — trading 55.2% above its estimated fair value. The current Return-on-Tangible-Equity is 1.36%, which is 86% below median its 10-year median of 9.63 and 88.1% below the Banks industry median of 11.42. Harbor Bankshares' overall GF Score™ is 65/100 with 4 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 Harbor Bankshares (HRBK), the current Return-on-Tangible-Equity is 1.36% as of Dec. 2025. 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 Harbor Bankshares (HRBK) Overvalued in 2026?
Based on GuruFocus' analysis, Harbor Bankshares stock appears to be overvalued.
The current stock price of $27.80 is trading 55.2% above its estimated GF Value™ of $17.91.
GuruFocus considers Harbor Bankshares to be Significantly Overvalued.
Key valuation signals for HRBK:
Return-on-Tangible-Equity: 1.36% (86% below median its 10-year median of 9.63)
GF Value™: $17.91 vs. price of $27.80 (55.2% above fair value)
Industry Position: 88.1% below the Banks median (#1420 of 1521)
No single metric tells the full story. See the HRBK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Harbor Bankshares Corp is a bank holding company. The Bank is a commercial bank. The deposits of the Bank are insured up to statutory limits by the Federal Deposit Insurance Corporation (FDIC). The Bank conducts general banking business in locations and mainly serves the Baltimore, Maryland, metropolitan area. It offers checking, savings and time deposits, commercial real estate, personal, home improvement, automobiles, and other installment and term loans. The Bank is also a member of a national ATM network. The retail nature of the Bank allows for diversification of depositors and borrowers, which limits its dependency upon a single or a few customers. Its activities include providing private capital to businesses through loans and principal investments.
65GF Score
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