GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Kiyo Bank Ltd (TSE:8370) » Definitions » 3-Year RORE %

Kiyo Bank (TSE:8370) 3-Year RORE % : 2.45% (As of Sep. 2024)


View and export this data going back to 2013. Start your Free Trial

What is Kiyo Bank 3-Year RORE %?

Return on Retained Earnings (RORE) is an indicator of a company's growth potential, it shows how much a company earns by reinvesting its retained earnings, i.e. profits after dividend payments. Kiyo Bank's 3-Year RORE % for the quarter that ended in Sep. 2024 was 2.45%.

The industry rank for Kiyo Bank's 3-Year RORE % or its related term are showing as below:

TSE:8370's 3-Year RORE % is ranked worse than
53.13% of 1485 companies
in the Banks industry
Industry Median: 4.27 vs TSE:8370: 2.45

Kiyo Bank 3-Year RORE % Historical Data

The historical data trend for Kiyo Bank's 3-Year RORE % 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.

Kiyo Bank 3-Year RORE % Chart

Kiyo Bank Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
3-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.56 6.89 5.49 -37.57 -0.17

Kiyo Bank Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
3-Year RORE % 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 -61.45 -75.37 -0.17 4.23 2.45

Competitive Comparison of Kiyo Bank's 3-Year RORE %

For the Banks - Regional subindustry, Kiyo Bank's 3-Year RORE %, along with its competitors' market caps and 3-Year RORE % 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.


Kiyo Bank's 3-Year RORE % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Kiyo Bank's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where Kiyo Bank's 3-Year RORE % falls into.



Kiyo Bank 3-Year RORE % Calculation

Kiyo Bank's 3-Year RORE % for the quarter that ended in Sep. 2024 is calculated as:

3-Year RORE %=( Most Recent EPS (Diluted)- First Period EPS (Diluted) )/( Cumulative EPS (Diluted) for 3-year -Cumulative Dividends per Share for 3-year )
=( 246.05-238.02 )/( 502.75-175 )
=8.03/327.75
=2.45 %

* 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 3-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Sep. 2024 and 3-year before.


Kiyo Bank  (TSE:8370) 3-Year RORE % Explanation

Return on Retained Earnings (RORE) is important to investors because it reveals a company's efficiency and growth potential. A higher RORE indicates a higher return. A high RORE indicates that the company should reinvest profits into the business. A lower RORE suggests that the company should distribute profits to shareholders by paying out dividends, since those dollars aren't generating much additional growth for the company.

There are a several different ways to arrive at the Return on Retained Earnings. The simplest way to calculate it is by using published information on Earnings per Share (EPS) and Dividend per Share (DPS) over a selected period. Here, 3-year period is chosen.

Be Aware

Please keep in mind that the RORE is relative to the nature of the business and its competitors. If another company in the same sector is producing a lower return on retained earnings, it doesn’t necessarily mean it’s a bad investment. It may just suggest the company is older and no longer in a high growth stage. At such a stage in the business cycle, it would be expected to see a lower RORE and higher dividend payout.


Kiyo Bank 3-Year RORE % Related Terms

Thank you for viewing the detailed overview of Kiyo Bank's 3-Year RORE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Kiyo Bank Business Description

Traded in Other Exchanges
N/A
Address
35, Honmachi 1-chome, Chiyoda-Ku, Wakayama, JPN, 640-8656
Kiyo Bank Ltd provides banking products and services to individuals, corporations, and small businesses in Japan. Its branch network is concentrated between Wakayama prefecture and Osaka prefecture, with a small number of branches in Nara prefecture and Tokyo. The bank generates almost all revenue domestically. The core revenue driver is banking products which include deposits, loans, insurance, pensions, investment trusts, Internet banking, farm banking, and credit and debit cards. The bank also offers other services such as mergers and acquisition advisory, securities investment and trading of government bonds.

Kiyo Bank Headlines

No Headlines