GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Flekkefjord Sparebank ASA (OSL:FFSB) » Definitions » Return-on-Tangible-Equity

Flekkefjord Sparebank ASA (OSL:FFSB) Return-on-Tangible-Equity : 7.65% (As of Mar. 2025)


View and export this data going back to 2024. Start your Free Trial

What is Flekkefjord Sparebank ASA 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. Flekkefjord Sparebank ASA's annualized net income for the quarter that ended in Mar. 2025 was kr114.2 Mil. Flekkefjord Sparebank ASA's average shareholder tangible equity for the quarter that ended in Mar. 2025 was kr1,493.2 Mil. Therefore, Flekkefjord Sparebank ASA's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 was 7.65%.

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

OSL:FFSB' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 5.76   Med: 7.54   Max: 9.1
Current: 8.54

During the past 4 years, Flekkefjord Sparebank ASA's highest Return-on-Tangible-Equity was 9.10%. The lowest was 5.76%. And the median was 7.54%.

OSL:FFSB's Return-on-Tangible-Equity is ranked worse than
61.31% of 1582 companies
in the Banks industry
Industry Median: 10.34 vs OSL:FFSB: 8.54

Flekkefjord Sparebank ASA Return-on-Tangible-Equity Historical Data

The historical data trend for Flekkefjord Sparebank ASA'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.

Flekkefjord Sparebank ASA Return-on-Tangible-Equity Chart

Flekkefjord Sparebank ASA Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Equity
5.76 6.12 8.96 9.10

Flekkefjord Sparebank ASA Quarterly Data
Dec21 Dec22 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.70 7.39 9.07 10.27 7.65

Competitive Comparison of Flekkefjord Sparebank ASA's Return-on-Tangible-Equity

For the Banks - Regional subindustry, Flekkefjord Sparebank ASA'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.


Flekkefjord Sparebank ASA's Return-on-Tangible-Equity Distribution in the Banks Industry

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

* The bar in red indicates where Flekkefjord Sparebank ASA's Return-on-Tangible-Equity falls into.


;
;

Flekkefjord Sparebank ASA Return-on-Tangible-Equity Calculation

Flekkefjord Sparebank ASA's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=123.7/( (1236.826+1482.622 )/ 2 )
=123.7/1359.724
=9.10 %

Flekkefjord Sparebank ASA's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=114.156/( (1482.622+1503.729)/ 2 )
=114.156/1493.1755
=7.65 %

* 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. 2025) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Flekkefjord Sparebank ASA  (OSL:FFSB) 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.


Flekkefjord Sparebank ASA Return-on-Tangible-Equity Related Terms

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


Flekkefjord Sparebank ASA Business Description

Traded in Other Exchanges
N/A
Address
Brogaten 18, Flekkefjord, NOR, 4400
Flekkefjord Sparebank ASA formerly Flekkefjord Sparebank is involved in banking activities and provides all the banking services to its customer. The banking services includes saving bank, commercial bank etc.

Flekkefjord Sparebank ASA Headlines

No Headlines