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ING Bank Slaski (WAR:ING) 3-Year RORE % : 23.45% (As of Mar. 2024)


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What is ING Bank Slaski 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. ING Bank Slaski's 3-Year RORE % for the quarter that ended in Mar. 2024 was 23.45%.

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

WAR:ING's 3-Year RORE % is ranked better than
76.01% of 1392 companies
in the Banks industry
Industry Median: 4.745 vs WAR:ING: 23.45

ING Bank Slaski 3-Year RORE % Historical Data

The historical data trend for ING Bank Slaski'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.

ING Bank Slaski 3-Year RORE % Chart

ING Bank Slaski Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
3-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.90 -5.17 15.52 9.42 30.00

ING Bank Slaski Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 8.06 11.10 30.60 30.00 23.45

Competitive Comparison of ING Bank Slaski's 3-Year RORE %

For the Banks - Regional subindustry, ING Bank Slaski'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.


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

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

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



ING Bank Slaski 3-Year RORE % Calculation

ING Bank Slaski's 3-Year RORE % for the quarter that ended in Mar. 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 )
=( 34.78-20.87 )/( 69.71-10.4 )
=13.91/59.31
=23.45 %

* 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 Mar. 2024 and 3-year before.


ING Bank Slaski  (WAR:ING) 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.


ING Bank Slaski 3-Year RORE % Related Terms

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ING Bank Slaski (WAR:ING) Business Description

Traded in Other Exchanges
Address
Sokolska Street 34, Katowice, POL, 40-086
ING Bank Slaski SA offers a broad range of banking services rendered to individual and institutional clients in line with the scope of services outlined in the Bank's charter. The Bank runs operations both in the home currency and in foreign currencies. Additionally, through subsidiaries, the Group conducts leasing and factoring activity, advisory and acts as a financial intermediary as well as provides other financial services. The Group's business model includes the division of clients into two main segments namely the retail banking segment and corporate banking segment. The Group pursues business within the territory of the Republic of Poland.