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Trinity Bank NA (Trinity Bank NA) Return-on-Tangible-Equity : 16.55% (As of Mar. 2024)


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What is Trinity Bank NA 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. Trinity Bank NA's annualized net income for the quarter that ended in Mar. 2024 was $8.11 Mil. Trinity Bank NA's average shareholder tangible equity for the quarter that ended in Mar. 2024 was $49.02 Mil. Therefore, Trinity Bank NA's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was 16.55%.

The historical rank and industry rank for Trinity Bank NA's Return-on-Tangible-Equity or its related term are showing as below:

TYBT' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -2.83   Med: 12.82   Max: 17.54
Current: 17.54

During the past 8 years, Trinity Bank NA's highest Return-on-Tangible-Equity was 17.54%. The lowest was -2.83%. And the median was 12.82%.

TYBT's Return-on-Tangible-Equity is ranked better than
82.14% of 1456 companies
in the Banks industry
Industry Median: 10.7 vs TYBT: 17.54

Trinity Bank NA Return-on-Tangible-Equity Historical Data

The historical data trend for Trinity Bank NA'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.

Trinity Bank NA Return-on-Tangible-Equity Chart

Trinity Bank NA Annual Data
Trend Dec04 Dec05 Dec06 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial 16.66 12.03 13.61 16.60 17.04

Trinity Bank NA Quarterly Data
Sep06 Dec06 Mar07 Jun07 Sep07 Mar08 Jun08 Mar09 Jun09 Dec19 Dec20 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 18.01 17.41 18.13 18.47 16.55

Competitive Comparison of Trinity Bank NA's Return-on-Tangible-Equity

For the Banks - Regional subindustry, Trinity Bank NA'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.


Trinity Bank NA's Return-on-Tangible-Equity Distribution in the Banks Industry

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

* The bar in red indicates where Trinity Bank NA's Return-on-Tangible-Equity falls into.



Trinity Bank NA Return-on-Tangible-Equity Calculation

Trinity Bank NA'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 )
=8.015/( (43.051+51.019 )/ 2 )
=8.015/47.035
=17.04 %

Trinity Bank NA's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=8.112/( (51.019+47.011)/ 2 )
=8.112/49.015
=16.55 %

* 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 (Mar. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Trinity Bank NA  (OTCPK:TYBT) 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.


Trinity Bank NA Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of Trinity Bank NA's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Trinity Bank NA (Trinity Bank NA) Business Description

Traded in Other Exchanges
N/A
Address
3500 W. Vickery Boulevard, Fort Worth, TX, USA, 76107
Trinity Bank NA is engaged in the banking sector. The bank offers various services such as loan products, cash management, merchant services, internet banking, certificate of deposits, deposits accounts, and other related services.

Trinity Bank NA (Trinity Bank NA) Headlines

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