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EFG International AG (XSWX:EFGN) Return-on-Tangible-Equity : 15.62% (As of Dec. 2023)


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What is EFG International AG 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. EFG International AG's annualized net income for the quarter that ended in Dec. 2023 was CHF311 Mil. EFG International AG's average shareholder tangible equity for the quarter that ended in Dec. 2023 was CHF1,993 Mil. Therefore, EFG International AG's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was 15.62%.

The historical rank and industry rank for EFG International AG's Return-on-Tangible-Equity or its related term are showing as below:

XSWX:EFGN' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -3.51   Med: 7.55   Max: 16.4
Current: 15.65

During the past 13 years, EFG International AG's highest Return-on-Tangible-Equity was 16.40%. The lowest was -3.51%. And the median was 7.55%.

XSWX:EFGN's Return-on-Tangible-Equity is ranked better than
74.69% of 1450 companies
in the Banks industry
Industry Median: 10.905 vs XSWX:EFGN: 15.65

EFG International AG Return-on-Tangible-Equity Historical Data

The historical data trend for EFG International AG'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.

EFG International AG Return-on-Tangible-Equity Chart

EFG International AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.51 7.93 11.89 10.53 15.80

EFG International AG Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 9.98 10.42 11.17 15.55 15.62

Competitive Comparison of EFG International AG's Return-on-Tangible-Equity

For the Banks - Diversified subindustry, EFG International AG'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.


EFG International AG's Return-on-Tangible-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, EFG International AG's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where EFG International AG's Return-on-Tangible-Equity falls into.



EFG International AG Return-on-Tangible-Equity Calculation

EFG International AG's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=303.2/( (1825.4+2013.6 )/ 2 )
=303.2/1919.5
=15.80 %

EFG International AG's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2023 )  (Q: Jun. 2023 )(Q: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Jun. 2023 )(Q: Dec. 2023 )
=311.2/( (1971.7+2013.6)/ 2 )
=311.2/1992.65
=15.62 %

* 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. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


EFG International AG  (XSWX:EFGN) 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.


EFG International AG Return-on-Tangible-Equity Related Terms

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EFG International AG (XSWX:EFGN) Business Description

Traded in Other Exchanges
Address
Bleicherweg 8, PO Box 6012, Zurich, CHE, 8022
EFG International AG is a Swiss international private banking and asset management group with operations that span the globe, including Europe, Asia, and the Americas. most of its assets under management are in cash and deposits, equities, bonds, and loans. The company generates most of its income primarily from net banking fees and commission income and secondarily from net interest income. About three-fourths of its loan portfolio is due from customers, while the other-fourth comes from mortgages. The company's loan portfolio is mostly exposed to Latin America and the Caribbean, the United Kingdom, Asia and Oceania, and other parts of Europe.

EFG International AG (XSWX:EFGN) Headlines

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