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PT Bank Btpn Syariah Tbk (PT Bank Btpn Syariah Tbk) Return-on-Tangible-Equity : 3.62% (As of Dec. 2023)


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What is PT Bank Btpn Syariah Tbk 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. PT Bank Btpn Syariah Tbk's annualized net income for the quarter that ended in Dec. 2023 was $19.9 Mil. PT Bank Btpn Syariah Tbk's average shareholder tangible equity for the quarter that ended in Dec. 2023 was $550.9 Mil. Therefore, PT Bank Btpn Syariah Tbk's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was 3.62%.

The historical rank and industry rank for PT Bank Btpn Syariah Tbk's Return-on-Tangible-Equity or its related term are showing as below:

BTABF' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 12.81   Med: 23.42   Max: 35.52
Current: 12.81

During the past 9 years, PT Bank Btpn Syariah Tbk's highest Return-on-Tangible-Equity was 35.52%. The lowest was 12.81%. And the median was 23.42%.

BTABF's Return-on-Tangible-Equity is ranked better than
61.6% of 1453 companies
in the Banks industry
Industry Median: 10.7 vs BTABF: 12.81

PT Bank Btpn Syariah Tbk Return-on-Tangible-Equity Historical Data

The historical data trend for PT Bank Btpn Syariah Tbk'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.

PT Bank Btpn Syariah Tbk Return-on-Tangible-Equity Chart

PT Bank Btpn Syariah Tbk Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only 30.70 15.29 22.87 22.37 12.99

PT Bank Btpn Syariah Tbk Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Return-on-Tangible-Equity 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 22.21 20.56 15.54 11.81 3.62

Competitive Comparison of PT Bank Btpn Syariah Tbk's Return-on-Tangible-Equity

For the Banks - Regional subindustry, PT Bank Btpn Syariah Tbk'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.


PT Bank Btpn Syariah Tbk's Return-on-Tangible-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, PT Bank Btpn Syariah Tbk's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where PT Bank Btpn Syariah Tbk's Return-on-Tangible-Equity falls into.



PT Bank Btpn Syariah Tbk Return-on-Tangible-Equity Calculation

PT Bank Btpn Syariah Tbk's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=70.089/( (523.446+555.479 )/ 2 )
=70.089/539.4625
=12.99 %

PT Bank Btpn Syariah Tbk's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=19.936/( (546.353+555.479)/ 2 )
=19.936/550.916
=3.62 %

* 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 four times the quarterly (Dec. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


PT Bank Btpn Syariah Tbk  (GREY:BTABF) 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.


PT Bank Btpn Syariah Tbk Return-on-Tangible-Equity Related Terms

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PT Bank Btpn Syariah Tbk (PT Bank Btpn Syariah Tbk) Business Description

Traded in Other Exchanges
Address
Jalan Dr Ide Anak Agung Gde Agung Kav 5.5-5.6, Menara BTPN - CBD Mega Kuningan, Jakarta Selatan, Jakarta, IDN, 12950
PT Bank BTPN Syariah Tbk is a foreign bank that operates their business in one segment, financing using murabahah contract for the productive poor community. Its business units include BTPN Sinaya - a financing business unit, BTPN Purna Bakti - a business unit focusing to serve retirees, BTPN Mitra Usaha Rakyat - a business unit focusing on micro businesses, BTPN Mitra Bisnis - a business unit focusing on serving small and medium enterprises, BTPN Wow! - financial inclusiveness focusing on the unbanked segment, Jenius - a digital banking platform serving the consuming class segment, and the corporate business unit which focuses on serving national, multinational and Japanese companies.

PT Bank Btpn Syariah Tbk (PT Bank Btpn Syariah Tbk) Headlines

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