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OTP Banka Slovensko AS (XBRA:1OTP005E) Return-on-Tangible-Equity : -12.21% (As of Jun. 2021)


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What is OTP Banka Slovensko AS 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. OTP Banka Slovensko AS's annualized net income for the quarter that ended in Jun. 2021 was €-11.35 Mil. OTP Banka Slovensko AS's average shareholder tangible equity for the quarter that ended in Jun. 2021 was €92.94 Mil. Therefore, OTP Banka Slovensko AS's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2021 was -12.21%.

The historical rank and industry rank for OTP Banka Slovensko AS's Return-on-Tangible-Equity or its related term are showing as below:

XBRA:1OTP005E's Return-on-Tangible-Equity is not ranked *
in the Banks industry.
Industry Median: 10.45
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

OTP Banka Slovensko AS Return-on-Tangible-Equity Historical Data

The historical data trend for OTP Banka Slovensko AS'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.

OTP Banka Slovensko AS Return-on-Tangible-Equity Chart

OTP Banka Slovensko AS Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.90 -5.43 -3.63 2.24 -9.66

OTP Banka Slovensko AS Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -35.22 2.83 -4.29 -14.56 -12.21

Competitive Comparison of OTP Banka Slovensko AS's Return-on-Tangible-Equity

For the Banks - Regional subindustry, OTP Banka Slovensko AS'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.


OTP Banka Slovensko AS's Return-on-Tangible-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, OTP Banka Slovensko AS's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where OTP Banka Slovensko AS's Return-on-Tangible-Equity falls into.



OTP Banka Slovensko AS Return-on-Tangible-Equity Calculation

OTP Banka Slovensko AS's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2020 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2020 )  (A: Dec. 2019 )(A: Dec. 2020 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2020 )  (A: Dec. 2019 )(A: Dec. 2020 )
=-9.621/( (103.774+95.479 )/ 2 )
=-9.621/99.6265
=-9.66 %

OTP Banka Slovensko AS's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2021 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2021 )  (Q: Mar. 2021 )(Q: Jun. 2021 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2021 )  (Q: Mar. 2021 )(Q: Jun. 2021 )
=-11.352/( (92.865+93.018)/ 2 )
=-11.352/92.9415
=-12.21 %

* 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 (Jun. 2021) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


OTP Banka Slovensko AS  (XBRA:1OTP005E) 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.


OTP Banka Slovensko AS Return-on-Tangible-Equity Related Terms

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OTP Banka Slovensko AS Business Description

Traded in Other Exchanges
N/A
Address
Sturova 5, Bratislava, SVK, 81354
OTP Banka Slovensko AS provides banking products and services in the Slovak market. The company serves the individual, small business and companies. It services include deposits, payment cards, electronic banking, housing and consumer loans, mutual funds, and others.

OTP Banka Slovensko AS Headlines

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