What is Rizal Commercial Banking 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. Rizal Commercial Banking's annualized net income for the quarter that ended in Mar. 2024 was $149.88 Mil. Rizal Commercial Banking's average shareholder tangible equity for the quarter that ended in Mar. 2024 was $2,534.23 Mil. Therefore, Rizal Commercial Banking's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was 5.91%.
The historical rank and industry rank for Rizal Commercial Banking's Return-on-Tangible-Equity or its related term are showing as below:
RZLLY'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 5.6 Med: 6.89 Max: 10.89
Current: 8.04
During the past 13 years, Rizal Commercial Banking's highest Return-on-Tangible-Equity was 10.89%. The lowest was 5.60%. And the median was 6.89%.
RZLLY's Return-on-Tangible-Equity is ranked worse than 65.77% of 1455
companies
in the Banks industry
Industry Median: 10.72
vs RZLLY: 8.04
Rizal Commercial Banking Return-on-Tangible-Equity Historical Data
The historical data trend for Rizal Commercial Banking'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.
Competitive Comparison of Rizal Commercial Banking's Return-on-Tangible-Equity
For the Banks - Regional subindustry, Rizal Commercial Banking'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.
Rizal Commercial Banking's Return-on-Tangible-Equity Distribution in the Banks Industry
For the Banks industry and Financial Services sector, Rizal Commercial Banking's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Rizal Commercial Banking'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. 2024) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
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.
Rizal Commercial Banking Return-on-Tangible-Equity Related Terms
Thank you for viewing the detailed overview of Rizal Commercial Banking's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Rizal Commercial Banking (Rizal Commercial Banking) Business Description
Rizal Commercial Banking Corporation is a bank based in Makati City, the Philippines. The company provides banking and financial products and services to its customers in the Philippines but also in Asia, Europe, and the United States. The bank operates in the below segments: Retail, Corporate, Small and Medium enterprises, Treasury, and Others. Of these segments, the contributor to revenue is the retail banking function, followed by corporate banking. Services provided to clients include checking and savings accounts, deposits, credit cards, consumer and commercial loans, money market and trading services, investment banking, foreign exchange, wealth management, economic and investment research, syndicated loans, and wholesale lending.
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