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Tochigi Bank (TSE:8550) 3-Year RORE % : -64.11% (As of Sep. 2024)


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What is Tochigi 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. Tochigi Bank's 3-Year RORE % for the quarter that ended in Sep. 2024 was -64.11%.

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

TSE:8550's 3-Year RORE % is ranked worse than
92.71% of 1495 companies
in the Banks industry
Industry Median: 4.74 vs TSE:8550: -64.11

Tochigi Bank 3-Year RORE % Historical Data

The historical data trend for Tochigi 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.

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Tochigi Bank 3-Year RORE % Chart

Tochigi 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 -47.78 18.41 30.44 8.90 -22.71

Tochigi Bank Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 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 4.32 -9.85 -46.99 -22.71 -64.11

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

For the Banks - Regional subindustry, Tochigi 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.


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

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

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


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Tochigi Bank 3-Year RORE % Calculation

Tochigi 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 )
=( 2.483-32.2 )/( 63.853-17.5 )
=-29.717/46.353
=-64.11 %

* 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.


Tochigi Bank  (TSE:8550) 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.


Tochigi Bank 3-Year RORE % Related Terms

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Tochigi Bank Business Description

Traded in Other Exchanges
N/A
Address
2- 1-18, Nishi, Tochigi Prefecture, Utsunomiya, JPN, 320-8680
Tochigi Bank Ltd is a regional bank based in Tochigi. It provides commercial banking services such as deposit services, domestic and foreign exchange services, asset management plan service, mutual fund, money life support plan, brokerage agent intermediary service, life insurance, term insurance, housing loan, as well as the over-the-counter sale of insurance products. All the business activity of the group is primarily functioned through Japan.

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