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Jbt Bancorp (Jbt Bancorp) ROE % : 12.82% (As of Sep. 2023)


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What is Jbt Bancorp ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Jbt Bancorp's annualized net income for the quarter that ended in Sep. 2023 was $9.30 Mil. Jbt Bancorp's average Total Stockholders Equity over the quarter that ended in Sep. 2023 was $72.57 Mil. Therefore, Jbt Bancorp's annualized ROE % for the quarter that ended in Sep. 2023 was 12.82%.

The historical rank and industry rank for Jbt Bancorp's ROE % or its related term are showing as below:

JBTC' s ROE % Range Over the Past 10 Years
Min: 0   Med: 0   Max: 3.21
Current: 3.21

During the past 0 years, Jbt Bancorp's highest ROE % was 3.21%. The lowest was 0.00%. And the median was 0.00%.

JBTC's ROE % is ranked worse than
85.65% of 1463 companies
in the Banks industry
Industry Median: 9.62 vs JBTC: 3.21

Jbt Bancorp ROE % Historical Data

The historical data trend for Jbt Bancorp's ROE % 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.

Jbt Bancorp ROE % Chart

Jbt Bancorp Annual Data
Trend
ROE %

Jbt Bancorp Quarterly Data
Jun22 Sep22 Jun23 Sep23
ROE % - - - 12.82

Competitive Comparison of Jbt Bancorp's ROE %

For the Banks - Regional subindustry, Jbt Bancorp's ROE %, along with its competitors' market caps and ROE % 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.


Jbt Bancorp's ROE % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Jbt Bancorp's ROE % distribution charts can be found below:

* The bar in red indicates where Jbt Bancorp's ROE % falls into.



Jbt Bancorp ROE % Calculation

Jbt Bancorp's annualized ROE % for the fiscal year that ended in . 20 is calculated as

ROE %=Net Income (A: . 20 )/( (Total Stockholders Equity (A: . 20 )+Total Stockholders Equity (A: . 20 ))/ count )
=/( (+)/ )
=/
= %

Jbt Bancorp's annualized ROE % for the quarter that ended in Sep. 2023 is calculated as

ROE %=Net Income (Q: Sep. 2023 )/( (Total Stockholders Equity (Q: Jun. 2023 )+Total Stockholders Equity (Q: Sep. 2023 ))/ count )
=9.304/( (71.956+73.177)/ 2 )
=9.304/72.5665
=12.82 %

* 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 ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Sep. 2023) net income data. ROE % is displayed in the 30-year financial page.


Jbt Bancorp  (OTCPK:JBTC) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Sep. 2023 )
=Net Income/Total Stockholders Equity
=9.304/72.5665
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(9.304 / 35.784)*(35.784 / 913.463)*(913.463 / 72.5665)
=Net Margin %*Asset Turnover*Equity Multiplier
=26 %*0.0392*12.5879
=ROA %*Equity Multiplier
=1.02 %*12.5879
=12.82 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Sep. 2023 )
=Net Income/Total Stockholders Equity
=9.304/72.5665
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (9.304 / 11.508) * (11.508 / 35.784) * (35.784 / 913.463) * (913.463 / 72.5665)
= Tax Burden * Pretax Margin % * Asset Turnover * Equity Multiplier
= 0.8085 * 32.16 % * 0.0392 * 12.5879
=12.82 %

Note: The net income data used here is four times the quarterly (Sep. 2023) net income data. The Revenue data used here is four times the quarterly (Sep. 2023) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % 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 ROE %s can be extremely high.


Jbt Bancorp ROE % Related Terms

Thank you for viewing the detailed overview of Jbt Bancorp's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Jbt Bancorp (Jbt Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
2 West Market Street, P.O. Box 717, Jonestown, PA, USA, 17038
Jbt Bancorp Inc operates under a state bank charter and provides full banking services, including trust services. The company serves small to mid-sized businesses and consumer households fulfilling deposit, loan, and payment needs. It offers personal banking, business banking, online and mobile banking. Further, it is also involved in investment, trust, and retirement-related activities.

Jbt Bancorp (Jbt Bancorp) Headlines

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