FinecoBank SpAMIL:FBK -1.93%76 Return-on-Tangible-Equity is 28.34% as of Dec. 2025, which is 2% below its 10-year median of 28.83. GuruFocus rates MIL:FBK with a GF Score™ of 76/100 and a GF Value™ of €17.15 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 1,521 Banks companies, FinecoBank SpA ranks better than 95.46% 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. FinecoBank SpA's annualized net income for the quarter that ended in Dec. 2025 was €666 Mil. FinecoBank SpA's average shareholder tangible equity for the quarter that ended in Dec. 2025 was €2,350 Mil. Therefore, FinecoBank SpA's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 28.34%.
The historical rank and industry rank for FinecoBank SpA's Return-on-Tangible-Equity or its related term are showing as below:
MIL:FBK'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 23 Med: 28.83 Max: 37.86
Current: 27.29
During the past 13 years, FinecoBank SpA's highest Return-on-Tangible-Equity was 37.86%. The lowest was 23.00%. And the median was 28.83%.
MIL:FBK's Return-on-Tangible-Equity is ranked better than 95.46% of 1521
companies
in the Banks industry
Industry Median: 11.19
vs MIL:FBK: 27.29
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.
FinecoBank SpA Return-on-Tangible-Equity Related Terms
FinecoBank SpA Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for FinecoBank SpA'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.
For the Banks - Regional subindustry, FinecoBank SpA'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.
FinecoBank SpA Return-on-Tangible-Equity vs Banks Industry
For the Banks industry and Financial Services sector, FinecoBank SpA's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where FinecoBank SpA'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 (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 28.34% mean?
FinecoBank SpA (MIL:FBK) has a Return-on-Tangible-Equity of 28.34% 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 FinecoBank SpA and its competitors. This is near median its historical median of 28.83. Over the past decade, FinecoBank SpA's Return-on-Tangible-Equity has ranged from 23.00 to 37.86. According to the industry distribution chart, FinecoBank SpA ranks #69 out of 1521 companies in the Banks industry, placing it in the top 4.5%.
Is FinecoBank SpA's Return-on-Tangible-Equity too high?
FinecoBank SpA's current Return-on-Tangible-Equity of 28.34% is near median its 10-year median of 28.83. Over the past 10 years, this metric has ranged from a low of 23.00 to a high of 37.86. The Banks industry median Return-on-Tangible-Equity is 11.19. FinecoBank SpA's value of 28.34% is 153.3% above this industry median. Based on the distribution chart, FinecoBank SpA ranks #69 out of 1521 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, FinecoBank SpA has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does FinecoBank SpA's Return-on-Tangible-Equity compare to competitors?
According to the Banks industry distribution chart, FinecoBank SpA ranks #69 out of 1521 companies for Return-on-Tangible-Equity. This places FinecoBank SpA in the top 5% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 11.19. FinecoBank SpA's value of 28.34% is 153.3% above this benchmark. Historically, FinecoBank SpA's own Return-on-Tangible-Equity has ranged from 23.00 to 37.86 over the past decade. While the company's 10-year median is 28.83 vs. the industry median of 11.19, FinecoBank SpA has consistently been above 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 11.19, 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. FinecoBank SpA's current Return-on-Tangible-Equity of 28.34% is 153.3% above 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 FinecoBank SpA and its competitors. For the Banks industry, the median Return-on-Tangible-Equity is 11.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FinecoBank SpA's current Return-on-Tangible-Equity is 28.34%, which is near median its own 10-year median of 28.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FinecoBank SpA stock overvalued right now?
Based on GuruFocus' analysis, FinecoBank SpA (MIL:FBK) is currently considered Modestly Overvalued. The stock's GF Value™ is €17.15, compared to a current price of €22.30 — trading 30% above its estimated fair value. The current Return-on-Tangible-Equity is 28.34%, which is near median its 10-year median of 28.83 and 153.3% above the Banks industry median of 11.19. FinecoBank SpA's overall GF Score™ is 76/100 with 7 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 FinecoBank SpA (MIL:FBK), the current Return-on-Tangible-Equity is 28.34% 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 FinecoBank SpA (MIL:FBK) Overvalued in 2026?
Based on GuruFocus' analysis, FinecoBank SpA stock appears to be overvalued.
The current stock price of €22.30 is trading 30% above its estimated GF Value™ of €17.15.
GuruFocus considers FinecoBank SpA to be Modestly Overvalued.
Key valuation signals for MIL:FBK:
Return-on-Tangible-Equity: 28.34% (near median its 10-year median of 28.83)
GF Value™: €17.15 vs. price of €22.30 (30% above fair value)
Industry Position: 153.3% above the Banks median (#69 of 1521)
No single metric tells the full story. See the MIL:FBK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
FinecoBank SpA is a FinTech bank based in Italy, offering its services through a network of personal financial advisors and online and mobile channels that operate in an integrated manner. The Group's offerings are divided into three product areas: Banking, Brokerage, and Investing. Maximum revenue is generated from Banking activities, which include current account services, payment services, and the issuance of debit, credit, and prepaid cards, mortgages, overdrafts, and personal loans. The Brokerage category offers order execution services on behalf of the customer, and trading access to CFDs, futures, options, bonds, ETFs, and certificates; and Investing includes the asset management activities of the Group, its investment advisory services, and various investment products offerings.
76GF Score
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