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Cyprus Popular Bank Public Co (ATH:CPBANK) Return-on-Tangible-Equity : -457.11% (As of Dec. 2011)


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What is Cyprus Popular Bank Public Co Return-on-Tangible-Equity?

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. Cyprus Popular Bank Public Co's annualized net income for the quarter that ended in Dec. 2011 was €-3,650 Mil. Cyprus Popular Bank Public Co's average shareholder tangible equity for the quarter that ended in Dec. 2011 was €799 Mil. Therefore, Cyprus Popular Bank Public Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2011 was -457.11%.

The historical rank and industry rank for Cyprus Popular Bank Public Co's Return-on-Tangible-Equity or its related term are showing as below:

ATH:CPBANK's Return-on-Tangible-Equity is not ranked *
in the Banks industry.
Industry Median: 10.69
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Cyprus Popular Bank Public Co Return-on-Tangible-Equity Historical Data

The historical data trend for Cyprus Popular Bank Public Co'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.

* Premium members only.

Cyprus Popular Bank Public Co Return-on-Tangible-Equity Chart

Cyprus Popular Bank Public Co Annual Data
Trend Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 38.44 22.87 9.02 4.48 -457.11

Cyprus Popular Bank Public Co Semi-Annual Data
Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only 38.44 22.87 9.02 4.48 -457.11

Competitive Comparison of Cyprus Popular Bank Public Co's Return-on-Tangible-Equity

For the Banks - Regional subindustry, Cyprus Popular Bank Public Co'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.


Cyprus Popular Bank Public Co's Return-on-Tangible-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Cyprus Popular Bank Public Co's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Cyprus Popular Bank Public Co's Return-on-Tangible-Equity falls into.



Cyprus Popular Bank Public Co Return-on-Tangible-Equity Calculation

Cyprus Popular Bank Public Co's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2011 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2011 )  (A: Dec. 2010 )(A: Dec. 2011 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2011 )  (A: Dec. 2010 )(A: Dec. 2011 )
=-3650.38/( (1900.777+-303.62 )/ 2 )
=-3650.38/798.5785
=-457.11 %

Cyprus Popular Bank Public Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2011 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2011 )  (Q: Dec. 2010 )(Q: Dec. 2011 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2011 )  (Q: Dec. 2010 )(Q: Dec. 2011 )
=-3650.38/( (1900.777+-303.62)/ 2 )
=-3650.38/798.5785
=-457.11 %

* 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 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. 2011) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Cyprus Popular Bank Public Co  (ATH:CPBANK) 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.


Cyprus Popular Bank Public Co Return-on-Tangible-Equity Related Terms

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Cyprus Popular Bank Public Co (ATH:CPBANK) Business Description

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