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Banque Nationale AgricoleXTUN:BNA 77 Return-on-Tangible-Equity is 12.84% as of Dec. 2025, which is 9% above its 10-year median of 11.73. GuruFocus rates XTUN:BNA with a GF Score™ of 77/100 and a GF Value™ of TND9.41 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,523 Banks companies, Banque Nationale Agricole ranks better than 60.01% 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. Banque Nationale Agricole's annualized net income for the quarter that ended in Dec. 2025 was TND288 Mil. Banque Nationale Agricole's average shareholder tangible equity for the quarter that ended in Dec. 2025 was TND2,240 Mil. Therefore, Banque Nationale Agricole's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 12.84%.
The historical rank and industry rank for Banque Nationale Agricole's Return-on-Tangible-Equity or its related term are showing as below:
XTUN:BNA'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 6.72 Med: 11.73 Max: 21.83
Current: 12.84
During the past 13 years, Banque Nationale Agricole's highest Return-on-Tangible-Equity was 21.83%. The lowest was 6.72%. And the median was 11.73%.
XTUN:BNA's Return-on-Tangible-Equity is ranked better than 60.01% of 1523
companies
in the Banks industry
Industry Median: 11.2
vs XTUN:BNA: 12.84
Banque Nationale Agricole (XTUN:BNA) 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.
Banque Nationale Agricole Return-on-Tangible-Equity Related Terms
Banque Nationale Agricole Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Banque Nationale Agricole'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.
Banque Nationale Agricole Return-on-Tangible-Equity Chart
XTUN:BNA vs PNC, USB: Return-on-Tangible-Equity Comparison
For the Banks - Regional subindustry, Banque Nationale Agricole'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.
Banque Nationale Agricole Return-on-Tangible-Equity vs Banks Industry
For the Banks industry and Financial Services sector, Banque Nationale Agricole's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Banque Nationale Agricole'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 one times the annual (Dec. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 12.84% mean?
Banque Nationale Agricole (XTUN:BNA) has a Return-on-Tangible-Equity of 12.84% as of Dec. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Banque Nationale Agricole and its competitors. This is near median its historical median of 11.73. Over the past decade, Banque Nationale Agricole's Return-on-Tangible-Equity has ranged from 6.72 to 21.83. According to the industry distribution chart, Banque Nationale Agricole ranks #609 out of 1523 companies in the Banks industry, placing it in the top 40%.
Is Banque Nationale Agricole's Return-on-Tangible-Equity too high?
Banque Nationale Agricole's current Return-on-Tangible-Equity of 12.84% is near median its 10-year median of 11.73. Over the past 10 years, this metric has ranged from a low of 6.72 to a high of 21.83. The Banks industry median Return-on-Tangible-Equity is 11.20. Banque Nationale Agricole's value of 12.84% is 14.6% above this industry median. Based on the distribution chart, Banque Nationale Agricole ranks #609 out of 1523 companies in the Banks industry, which is above the industry midpoint. Overall, Banque Nationale Agricole has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Banque Nationale Agricole's Return-on-Tangible-Equity compare to PNC and USB?
According to the Banks industry distribution chart, Banque Nationale Agricole ranks #609 out of 1523 companies for Return-on-Tangible-Equity. This puts Banque Nationale Agricole in the upper half of its industry. The industry median Return-on-Tangible-Equity is 11.20. Banque Nationale Agricole's value of 12.84% is 14.6% above this benchmark. Historically, Banque Nationale Agricole's own Return-on-Tangible-Equity has ranged from 6.72 to 21.83 over the past decade. While the company's 10-year median is 11.73 vs. the industry median of 11.20, Banque Nationale Agricole 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 11.20, based on 1,523 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. Banque Nationale Agricole's current Return-on-Tangible-Equity of 12.84% is 14.6% 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 Banque Nationale Agricole and its competitors. For the Banks industry, the median Return-on-Tangible-Equity is 11.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Banque Nationale Agricole's current Return-on-Tangible-Equity is 12.84%, which is near median its own 10-year median of 11.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Banque Nationale Agricole stock overvalued right now?
Based on GuruFocus' analysis, Banque Nationale Agricole (XTUN:BNA) is currently considered Significantly Overvalued. The stock's GF Value™ is TND9.41, compared to a current price of TND23.85 — trading 153.5% above its estimated fair value. The current Return-on-Tangible-Equity is 12.84%, which is near median its 10-year median of 11.73 and 14.6% above the Banks industry median of 11.20. Banque Nationale Agricole's overall GF Score™ is 77/100 with 6 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 Banque Nationale Agricole (XTUN:BNA), the current Return-on-Tangible-Equity is 12.84% as of Dec. 2025. 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 Banque Nationale Agricole (XTUN:BNA) Overvalued in 2026?
Based on GuruFocus' analysis, Banque Nationale Agricole stock appears to be overvalued.
The current stock price of TND23.85 is trading 153.5% above its estimated GF Value™ of TND9.41.
GuruFocus considers Banque Nationale Agricole to be Significantly Overvalued.
Key valuation signals for XTUN:BNA:
Return-on-Tangible-Equity: 12.84% (near median its 10-year median of 11.73)
GF Value™: TND9.41 vs. price of TND23.85 (153.5% above fair value)
Industry Position: 14.6% above the Banks median (#609 of 1523)
No single metric tells the full story. See the XTUN:BNA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Banque Nationale Agricole SA is engaged in providing banking services. The activities of the bank include accepting deposits, granting loans, credit financing, and other services.
77GF Score
Get the complete analysis for XTUN:BNA
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