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.
Jaiz BankNSA:JAIZBANK +0.58%67 Return-on-Tangible-Equity is 32.06% as of Mar. 2026, which is 70% above its 10-year median of 18.89. GuruFocus rates NSA:JAIZBANK with a GF Score™ of 67/100 and a GF Value™ of ₦4.28 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,522 Banks companies, Jaiz Bank ranks better than 97.77% 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. Jaiz Bank's annualized net income for the quarter that ended in Mar. 2026 was ₦31,383 Mil. Jaiz Bank's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₦97,901 Mil. Therefore, Jaiz Bank's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 32.06%.
The historical rank and industry rank for Jaiz Bank's Return-on-Tangible-Equity or its related term are showing as below:
NSA:JAIZBANK'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 2.61 Med: 18.89 Max: 42.89
Current: 37.25
During the past 11 years, Jaiz Bank's highest Return-on-Tangible-Equity was 42.89%. The lowest was 2.61%. And the median was 18.89%.
NSA:JAIZBANK's Return-on-Tangible-Equity is ranked better than 97.77% of 1522
companies
in the Banks industry
Industry Median: 11.395
vs NSA:JAIZBANK: 37.25
Jaiz Bank (NSA:JAIZBANK) 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.
Jaiz Bank Return-on-Tangible-Equity Related Terms
Jaiz Bank Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Jaiz Bank'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.
NSA:JAIZBANK vs PNC, USB: Return-on-Tangible-Equity Comparison
For the Banks - Regional subindustry, Jaiz Bank'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.
Jaiz Bank Return-on-Tangible-Equity vs Banks Industry
For the Banks industry and Financial Services sector, Jaiz Bank's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Jaiz Bank'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 (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 32.06% mean?
Jaiz Bank (NSA:JAIZBANK) has a Return-on-Tangible-Equity of 32.06% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Jaiz Bank and its competitors. This is 70% above median its historical median of 18.89. Over the past decade, Jaiz Bank's Return-on-Tangible-Equity has ranged from 2.61 to 42.89. According to the industry distribution chart, Jaiz Bank ranks #34 out of 1522 companies in the Banks industry, placing it in the top 2.2%.
Is Jaiz Bank's Return-on-Tangible-Equity too high?
Jaiz Bank's current Return-on-Tangible-Equity of 32.06% is 70% above median its 10-year median of 18.89. Over the past 10 years, this metric has ranged from a low of 2.61 to a high of 42.89. The Banks industry median Return-on-Tangible-Equity is 11.40. Jaiz Bank's value of 32.06% is 181.4% above this industry median. Based on the distribution chart, Jaiz Bank ranks #34 out of 1522 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, Jaiz Bank has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jaiz Bank's Return-on-Tangible-Equity compare to PNC and USB?
According to the Banks industry distribution chart, Jaiz Bank ranks #34 out of 1522 companies for Return-on-Tangible-Equity. This places Jaiz Bank in the top 2% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 11.40. Jaiz Bank's value of 32.06% is 181.4% above this benchmark. Historically, Jaiz Bank's own Return-on-Tangible-Equity has ranged from 2.61 to 42.89 over the past decade. While the company's 10-year median is 18.89 vs. the industry median of 11.40, Jaiz Bank 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 11.40, based on 1,522 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. Jaiz Bank's current Return-on-Tangible-Equity of 32.06% is 181.4% 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 Jaiz Bank and its competitors. For the Banks industry, the median Return-on-Tangible-Equity is 11.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jaiz Bank's current Return-on-Tangible-Equity is 32.06%, which is 70% above median its own 10-year median of 18.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jaiz Bank stock overvalued right now?
Based on GuruFocus' analysis, Jaiz Bank (NSA:JAIZBANK) is currently considered Significantly Overvalued. The stock's GF Value™ is ₦4.28, compared to a current price of ₦8.70 — trading 103.3% above its estimated fair value. The current Return-on-Tangible-Equity is 32.06%, which is 70% above median its 10-year median of 18.89 and 181.4% above the Banks industry median of 11.40. Jaiz Bank's overall GF Score™ is 67/100 with 3 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 Jaiz Bank (NSA:JAIZBANK), the current Return-on-Tangible-Equity is 32.06% as of Mar. 2026. 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 Jaiz Bank (NSA:JAIZBANK) Overvalued in 2026?
Based on GuruFocus' analysis, Jaiz Bank stock appears to be overvalued.
The current stock price of ₦8.70 is trading 103.3% above its estimated GF Value™ of ₦4.28.
GuruFocus considers Jaiz Bank to be Significantly Overvalued.
Key valuation signals for NSA:JAIZBANK:
Return-on-Tangible-Equity: 32.06% (70% above median its 10-year median of 18.89)
GF Value™: ₦4.28 vs. price of ₦8.70 (103.3% above fair value)
Industry Position: 181.4% above the Banks median (#34 of 1522)
No single metric tells the full story. See the NSA:JAIZBANK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jaiz Bank PLC is a full-fledged Non-Interest financial institution in Nigeria. The company's reportable segments are divisions include Retail Banking, Commercial Banking, Private Banking, SME Banking, Corporate Banking, and Public sector. The products and services of the company include JAIZ Kids Savings Account, JAIZ Premium Savings Account, Working Capital Finance, Project Financing, and JaizOnline.
67GF Score
Get the complete analysis for NSA:JAIZBANK
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
NSA:JAIZBANK has been successfully added to your 
