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MNB Holdings (MNB Holdings) ROE % : 2.37% (As of Dec. 2023)


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What is MNB Holdings ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. MNB Holdings's annualized net income for the quarter that ended in Dec. 2023 was $0.66 Mil. MNB Holdings's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $27.89 Mil. Therefore, MNB Holdings's annualized ROE % for the quarter that ended in Dec. 2023 was 2.37%.

The historical rank and industry rank for MNB Holdings's ROE % or its related term are showing as below:

MNBO' s ROE % Range Over the Past 10 Years
Min: -3.98   Med: 7.6   Max: 9.15
Current: 2.37

During the past 13 years, MNB Holdings's highest ROE % was 9.15%. The lowest was -3.98%. And the median was 7.60%.

MNBO's ROE % is ranked worse than
90.09% of 1513 companies
in the Banks industry
Industry Median: 9.51 vs MNBO: 2.37

MNB Holdings ROE % Historical Data

The historical data trend for MNB Holdings's ROE % 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.

MNB Holdings ROE % Chart

MNB Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.20 -3.98 -0.73 -2.85 2.37

MNB Holdings Semi-Annual Data
Dec04 Dec05 Dec06 Dec07 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE % 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 8.20 -3.98 -0.73 -2.85 2.37

Competitive Comparison of MNB Holdings's ROE %

For the Banks - Regional subindustry, MNB Holdings's ROE %, along with its competitors' market caps and ROE % 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.


MNB Holdings's ROE % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, MNB Holdings's ROE % distribution charts can be found below:

* The bar in red indicates where MNB Holdings's ROE % falls into.



MNB Holdings ROE % Calculation

MNB Holdings's annualized ROE % for the fiscal year that ended in Dec. 2023 is calculated as

ROE %=Net Income (A: Dec. 2023 )/( (Total Stockholders Equity (A: Dec. 2022 )+Total Stockholders Equity (A: Dec. 2023 ))/ count )
=0.662/( (27.557+28.219)/ 2 )
=0.662/27.888
=2.37 %

MNB Holdings's annualized ROE % for the quarter that ended in Dec. 2023 is calculated as

ROE %=Net Income (Q: Dec. 2023 )/( (Total Stockholders Equity (Q: Dec. 2022 )+Total Stockholders Equity (Q: Dec. 2023 ))/ count )
=0.662/( (27.557+28.219)/ 2 )
=0.662/27.888
=2.37 %

* 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 ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is one times the annual (Dec. 2023) net income data. ROE % is displayed in the 30-year financial page.


MNB Holdings  (OTCPK:MNBO) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=0.662/27.888
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(0.662 / 9.236)*(9.236 / 194.306)*(194.306 / 27.888)
=Net Margin %*Asset Turnover*Equity Multiplier
=7.17 %*0.0475*6.9674
=ROA %*Equity Multiplier
=0.34 %*6.9674
=2.37 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=0.662/27.888
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (0.662 / 0.882) * (0.882 / 9.236) * (9.236 / 194.306) * (194.306 / 27.888)
= Tax Burden * Pretax Margin % * Asset Turnover * Equity Multiplier
= 0.7506 * 9.55 % * 0.0475 * 6.9674
=2.37 %

Note: The net income data used here is one times the annual (Dec. 2023) net income data. The Revenue data used here is one times the annual (Dec. 2023) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % 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 ROE %s can be extremely high.


MNB Holdings ROE % Related Terms

Thank you for viewing the detailed overview of MNB Holdings's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


MNB Holdings (MNB Holdings) Business Description

Traded in Other Exchanges
N/A
Address
3060 16th Street, San Francisco, CA, USA, 94103
MNB Holdings Corp is a commercial bank. It provides business checking, business lending, and personal banking services. In business banking, it offers business money market, business savings, business checking analyzed and Attorney Trust Account. The company provides service to underserved groups, such as commercial banking services to minority small businesses, and niche retail segments and geographic operating areas.
Executives
Maritza Aberouette director 3060 16TH STREET, C/O MNB HOLDINGS CORP, SAN FRANCISCO CA 94103

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