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Tatra Banka a.s (XBRA:1TAT01DE) ROE % : 17.21% (As of Dec. 2023)


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What is Tatra Banka a.s ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Tatra Banka a.s's annualized net income for the quarter that ended in Dec. 2023 was €273.0 Mil. Tatra Banka a.s's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was €1,586.8 Mil. Therefore, Tatra Banka a.s's annualized ROE % for the quarter that ended in Dec. 2023 was 17.21%.

The historical rank and industry rank for Tatra Banka a.s's ROE % or its related term are showing as below:

XBRA:1TAT01DE' s ROE % Range Over the Past 10 Years
Min: 8.17   Med: 11.88   Max: 15.27
Current: 9.16

During the past 13 years, Tatra Banka a.s's highest ROE % was 15.27%. The lowest was 8.17%. And the median was 11.88%.

XBRA:1TAT01DE's ROE % is not ranked
in the Banks industry.
Industry Median: 9.62 vs XBRA:1TAT01DE: 9.16

Tatra Banka a.s ROE % Historical Data

The historical data trend for Tatra Banka a.s'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.

Tatra Banka a.s ROE % Chart

Tatra Banka a.s Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.38 8.17 11.67 12.80 15.27

Tatra Banka a.s Quarterly Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Sep21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
ROE % 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 14.15 18.57 - 19.07 17.21

Competitive Comparison of Tatra Banka a.s's ROE %

For the Banks - Regional subindustry, Tatra Banka a.s'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.


Tatra Banka a.s's ROE % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Tatra Banka a.s's ROE % distribution charts can be found below:

* The bar in red indicates where Tatra Banka a.s's ROE % falls into.



Tatra Banka a.s ROE % Calculation

Tatra Banka a.s's annualized ROE % for the fiscal year that ended in Dec. 2023 is calculated as

ROE %=Net Income (A: Dec. 2023 )/( (Total Stockholders Equity (A: Dec. 2022 )+Total Stockholders Equity (A: Dec. 2023 ))/ count )
=237.16/( (1484.45+1622.332)/ 2 )
=237.16/1553.391
=15.27 %

Tatra Banka a.s's annualized ROE % for the quarter that ended in Dec. 2023 is calculated as

ROE %=Net Income (Q: Dec. 2023 )/( (Total Stockholders Equity (Q: Sep. 2023 )+Total Stockholders Equity (Q: Dec. 2023 ))/ count )
=273.04/( (1551.218+1622.332)/ 2 )
=273.04/1586.775
=17.21 %

* 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 (Dec. 2023) net income data. ROE % is displayed in the 30-year financial page.


Tatra Banka a.s  (XBRA:1TAT01DE) 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: Dec. 2023 )
=Net Income/Total Stockholders Equity
=273.04/1586.775
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(273.04 / 643.072)*(643.072 / 21816.9425)*(21816.9425 / 1586.775)
=Net Margin %*Asset Turnover*Equity Multiplier
=42.46 %*0.0295*13.7492
=ROA %*Equity Multiplier
=1.25 %*13.7492
=17.21 %

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: Dec. 2023 )
=Net Income/Total Stockholders Equity
=273.04/1586.775
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (273.04 / 333.852) * (333.852 / 643.072) * (643.072 / 21816.9425) * (21816.9425 / 1586.775)
= Tax Burden * Pretax Margin % * Asset Turnover * Equity Multiplier
= 0.8178 * 51.92 % * 0.0295 * 13.7492
=17.21 %

Note: The net income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 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.


Tatra Banka a.s ROE % Related Terms

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


Tatra Banka a.s (XBRA:1TAT01DE) Business Description

Traded in Other Exchanges
N/A
Address
Hodzovo Namestie 3, Bratislava, SVK, 81106
Tatra Banka a.s is a Slovakia-based bank which provides various banking products and services. Business activity of the bank is breakdown into various segments which include Corporate Clients, Financial Institutions and Public Sector, Retail Customers, Investment Banking and Treasury, and Equity Investments and Others. The product portfolio of the company consists account and payment service, credit card facilities, loan facilities such as consumer and home loan, and saving and investment service which comprises of term deposit, passbook, investment in the mutual fund, fixed income and structured deposit. Business is primarily operated through the Slovakia region and most of the bank's revenue is derived from net interest income with the remaining coming from fees and commissions.

Tatra Banka a.s (XBRA:1TAT01DE) Headlines

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