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CAL BankXGHA:CAL 1 Return-on-Tangible-Equity is 31.82% as of Jun. 2026, which is 56% above its 10-year median of 20.34. GuruFocus rates XGHA:CAL with a GF Score™ of 1/100. The stock has 5 warning signs investors should review. Among 1,518 Banks companies, CAL Bank ranks better than 96.9% 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. CAL Bank's annualized net income for the quarter that ended in Jun. 2026 was GHS536 Mil. CAL Bank's average shareholder tangible equity for the quarter that ended in Jun. 2026 was GHS1,686 Mil. Therefore, CAL Bank's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 was 31.82%.
The historical rank and industry rank for CAL Bank's Return-on-Tangible-Equity or its related term are showing as below:
XGHA:CAL'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -593.2 Med: 20.34 Max: 35.88
Current: 32.69
During the past 13 years, CAL Bank's highest Return-on-Tangible-Equity was 35.88%. The lowest was -593.20%. And the median was 20.34%.
XGHA:CAL's Return-on-Tangible-Equity is ranked better than 96.9% of 1518
companies
in the Banks industry
Industry Median: 11.27
vs XGHA:CAL: 32.69
CAL Bank (XGHA:CAL) 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.
CAL Bank Return-on-Tangible-Equity Related Terms
CAL Bank Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for CAL 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.
XGHA:CAL vs PNC: Return-on-Tangible-Equity Comparison
For the Banks - Regional subindustry, CAL 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.
CAL Bank Return-on-Tangible-Equity vs Banks Industry
For the Banks industry and Financial Services sector, CAL Bank's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where CAL 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 (Jun. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 31.82% mean?
CAL Bank (XGHA:CAL) has a Return-on-Tangible-Equity of 31.82% as of Jun. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on CAL Bank and its competitors. This is 56% above median its historical median of 20.34. According to the industry distribution chart, CAL Bank ranks #47 out of 1518 companies in the Banks industry, placing it in the top 3.1%.
Is CAL Bank's Return-on-Tangible-Equity too high?
CAL Bank's current Return-on-Tangible-Equity of 31.82% is 56% above median its 10-year median of 20.34. The Banks industry median Return-on-Tangible-Equity is 11.27. CAL Bank's value of 31.82% is 182.3% above this industry median. Based on the distribution chart, CAL Bank ranks #47 out of 1518 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, CAL Bank has a GF Score™ of 1/100, reflecting its overall financial health beyond just this single metric.
How does CAL Bank's Return-on-Tangible-Equity compare to PNC?
According to the Banks industry distribution chart, CAL Bank ranks #47 out of 1518 companies for Return-on-Tangible-Equity. This places CAL Bank in the top 3% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 11.27. CAL Bank's value of 31.82% is 182.3% above this benchmark. While the company's 10-year median is 20.34 vs. the industry median of 11.27, CAL 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 11.27, based on 1,518 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. CAL Bank's current Return-on-Tangible-Equity of 31.82% is 182.3% 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 CAL Bank and its competitors. For the Banks industry, the median Return-on-Tangible-Equity is 11.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CAL Bank's current Return-on-Tangible-Equity is 31.82%, which is 56% above median its own 10-year median of 20.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CAL Bank stock overvalued right now?
CAL Bank (XGHA:CAL) has a current Return-on-Tangible-Equity of 31.82%. The current Return-on-Tangible-Equity is 31.82%, which is 56% above median its 10-year median of 20.34 and 182.3% above the Banks industry median of 11.27. CAL Bank's overall GF Score™ is 1/100 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 CAL Bank (XGHA:CAL), the current Return-on-Tangible-Equity is 31.82% as of Jun. 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.
CAL Bank Ltd is mainly engaged in providing banking solutions in Ghana. Its reportable segments are: Corporate Banking, Consumer & Commercial Banking, Treasury, and Asset Management. Maximum revenue is derived from the Treasury segment, which undertakes the Bank's funding and centralised risk management activities. The Corporate Banking segment offers loans, deposits, and other services to corporate clients, institutional clients, and public sector entities; the Consumer & Commercial Banking segment provides traditional banking and other financial services such as funds transfer, standing orders, and ATM card service to small and medium enterprises, and individual customers; and the Asset Management segment offers asset and portfolio management and investment advisory services.
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