GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Caisse Regionale de Credit Agricole Mutuel de Normandie Seine (XPAR:CCN) » Definitions » Return-on-Tangible-Equity

Caisse Regionale de Credit Agricole Mutuel de Normandie Seine (XPAR:CCN) Return-on-Tangible-Equity : 1.98% (As of Dec. 2022)


View and export this data going back to 2001. Start your Free Trial

What is Caisse Regionale de Credit Agricole Mutuel de Normandie Seine 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. Caisse Regionale de Credit Agricole Mutuel de Normandie Seine's annualized net income for the quarter that ended in Dec. 2022 was €54.3 Mil. Caisse Regionale de Credit Agricole Mutuel de Normandie Seine's average shareholder tangible equity for the quarter that ended in Dec. 2022 was €2,745.8 Mil. Therefore, Caisse Regionale de Credit Agricole Mutuel de Normandie Seine's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2022 was 1.98%.

The historical rank and industry rank for Caisse Regionale de Credit Agricole Mutuel de Normandie Seine's Return-on-Tangible-Equity or its related term are showing as below:

XPAR:CCN's Return-on-Tangible-Equity is not ranked *
in the Banks industry.
Industry Median: 10.71
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Caisse Regionale de Credit Agricole Mutuel de Normandie Seine Return-on-Tangible-Equity Historical Data

The historical data trend for Caisse Regionale de Credit Agricole Mutuel de Normandie Seine'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.

Caisse Regionale de Credit Agricole Mutuel de Normandie Seine Return-on-Tangible-Equity Chart

Caisse Regionale de Credit Agricole Mutuel de Normandie Seine Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.88 3.65 2.38 3.73 3.01

Caisse Regionale de Credit Agricole Mutuel de Normandie Seine Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22
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 3.40 4.99 2.58 3.95 1.98

Competitive Comparison of Caisse Regionale de Credit Agricole Mutuel de Normandie Seine's Return-on-Tangible-Equity

For the Banks - Regional subindustry, Caisse Regionale de Credit Agricole Mutuel de Normandie Seine'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.


Caisse Regionale de Credit Agricole Mutuel de Normandie Seine's Return-on-Tangible-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Caisse Regionale de Credit Agricole Mutuel de Normandie Seine's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Caisse Regionale de Credit Agricole Mutuel de Normandie Seine's Return-on-Tangible-Equity falls into.



Caisse Regionale de Credit Agricole Mutuel de Normandie Seine Return-on-Tangible-Equity Calculation

Caisse Regionale de Credit Agricole Mutuel de Normandie Seine's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2022 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=81.74/( (2739.848+2698.74 )/ 2 )
=81.74/2719.294
=3.01 %

Caisse Regionale de Credit Agricole Mutuel de Normandie Seine's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2022 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2022 )  (Q: Jun. 2022 )(Q: Dec. 2022 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2022 )  (Q: Jun. 2022 )(Q: Dec. 2022 )
=54.292/( (2792.882+2698.74)/ 2 )
=54.292/2745.811
=1.98 %

* 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 two times the semi-annual (Dec. 2022) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Caisse Regionale de Credit Agricole Mutuel de Normandie Seine  (XPAR:CCN) 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.


Caisse Regionale de Credit Agricole Mutuel de Normandie Seine Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of Caisse Regionale de Credit Agricole Mutuel de Normandie Seine's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Caisse Regionale de Credit Agricole Mutuel de Normandie Seine (XPAR:CCN) Business Description

Traded in Other Exchanges
N/A
Address
Chemin de la Breteque, Bois Guillaume, FRA, 76230
Caisse Regionale de Credit Agricole Mutuel de Normandie Seine is a France based company. It operates as a regional bank in France. It provides loans and financing to individuals and businesses. It also provides remote banking, funding, and insurance services.

Caisse Regionale de Credit Agricole Mutuel de Normandie Seine (XPAR:CCN) Headlines

No Headlines