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. Seneca Bancorp's annualized net income for the quarter that ended in Mar. 2026 was $-0.20 Mil. Seneca Bancorp's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $31.83 Mil. Therefore, Seneca Bancorp's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -0.63%.
The historical rank and industry rank for Seneca Bancorp's Return-on-Tangible-Equity or its related term are showing as below:
SNNF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0.58 Med: 3.24 Max: 5.52
Current: 0.58
During the past 6 years, Seneca Bancorp's highest Return-on-Tangible-Equity was 5.52%. The lowest was 0.58%. And the median was 3.24%.
SNNF's Return-on-Tangible-Equity is ranked worse than 94.61% of 1522
companies
in the Banks industry
Industry Median: 11.24
vs SNNF: 0.58
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.
Seneca Bancorp Return-on-Tangible-Equity Related Terms
Seneca Bancorp Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Seneca Bancorp'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.
SNNF vs UNIF, CNAF, BCCB: Return-on-Tangible-Equity Comparison
For the Banks - Regional subindustry, Seneca Bancorp'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.
Seneca Bancorp Return-on-Tangible-Equity vs Banks Industry
For the Banks industry and Financial Services sector, Seneca Bancorp's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Seneca Bancorp'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 -0.63% mean?
Seneca Bancorp (SNNF) has a Return-on-Tangible-Equity of -0.63% 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 Seneca Bancorp and its competitors. Over the past decade, Seneca Bancorp's Return-on-Tangible-Equity has ranged from 0.58 to 5.52. According to the industry distribution chart, Seneca Bancorp ranks #1440 out of 1522 companies in the Banks industry, placing it in the top 94.6%.
Is Seneca Bancorp's Return-on-Tangible-Equity too high?
Seneca Bancorp's current Return-on-Tangible-Equity is -0.63%. Over the past 10 years, this metric has ranged from a low of 0.58 to a high of 5.52. Based on the distribution chart, Seneca Bancorp ranks #1440 out of 1522 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, Seneca Bancorp has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Seneca Bancorp's Return-on-Tangible-Equity compare to UNIF and CNAF?
According to the Banks industry distribution chart, Seneca Bancorp ranks #1440 out of 1522 companies for Return-on-Tangible-Equity. This places Seneca Bancorp in the lower half of its industry. The industry median Return-on-Tangible-Equity is 11.24. Historically, Seneca Bancorp's own Return-on-Tangible-Equity has ranged from 0.58 to 5.52 over the past decade. 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 11.24, 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. 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 Seneca Bancorp and its competitors. For the Banks industry, the median Return-on-Tangible-Equity is 11.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Seneca Bancorp's current Return-on-Tangible-Equity is -0.63%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Seneca Bancorp stock overvalued right now?
Based on GuruFocus' analysis, Seneca Bancorp (SNNF) is currently considered Fairly Valued. The stock's GF Value™ is $12.83, compared to a current price of $12.24 — trading 4.6% below its estimated fair value. The current Return-on-Tangible-Equity is -0.63%. Seneca Bancorp's overall GF Score™ is 67/100 with 5 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 Seneca Bancorp (SNNF), the current Return-on-Tangible-Equity is -0.63% 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 Seneca Bancorp (SNNF) Overvalued in 2026?
Based on GuruFocus' analysis, Seneca Bancorp stock appears to be undervalued.
The current stock price of $12.24 is trading 4.6% below its estimated GF Value™ of $12.83.
GuruFocus considers Seneca Bancorp to be Fairly Valued.
Key valuation signals for SNNF:
Return-on-Tangible-Equity: -0.63%
GF Value™: $12.83 vs. price of $12.24 (4.6% below fair value)
No single metric tells the full story. See the SNNF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Seneca Bancorp Inc is the bank holding company. Its services include loans, deposit accounts, wealth management, and online banking for individuals as well as businesses. The bank has full-service locations in Onondaga and Madison Counties in New York. The company operates business through two business segments: The banking business segment, which mainly involves the delivery of loan and deposit products to the customers through Seneca Savings and generates net interest income and service fees, and The wealth management business segment, which includes investment management services for individuals and institutions offered through Financial Quest and provides commission income from 401(k) plan management and brokered accounts.
67GF Score
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