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Amana Bank (COL:ABL.N0000) 10-Year RORE % : 29.36% (As of Dec. 2023)


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What is Amana Bank 10-Year RORE %?

Return on Retained Earnings (RORE) is an indicator of a company's growth potential, it shows how much a company earns by reinvesting its retained earnings, i.e. profits after dividend payments. Amana Bank's 10-Year RORE % for the quarter that ended in Dec. 2023 was 29.36%.

The industry rank for Amana Bank's 10-Year RORE % or its related term are showing as below:

COL:ABL.N0000's 10-Year RORE % is ranked better than
91.71% of 1038 companies
in the Banks industry
Industry Median: 7.33 vs COL:ABL.N0000: 29.36

Amana Bank 10-Year RORE % Historical Data

The historical data trend for Amana Bank's 10-Year RORE % 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.

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Amana Bank 10-Year RORE % Chart

Amana Bank Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
10-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 42.40 29.36

Amana Bank Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
10-Year RORE % 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 42.40 30.32 39.20 38.22 29.36

Competitive Comparison of Amana Bank's 10-Year RORE %

For the Banks - Regional subindustry, Amana Bank's 10-Year RORE %, along with its competitors' market caps and 10-Year RORE % 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.


Amana Bank's 10-Year RORE % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Amana Bank's 10-Year RORE % distribution charts can be found below:

* The bar in red indicates where Amana Bank's 10-Year RORE % falls into.



Amana Bank 10-Year RORE % Calculation

Amana Bank's 10-Year RORE % for the quarter that ended in Dec. 2023 is calculated as:

10-Year RORE %=( Most Recent EPS (Diluted)- First Period EPS (Diluted) )/( Cumulative EPS (Diluted) for 10-year -Cumulative Dividends per Share for 10-year )
=( 0.451--0.059 )/( 1.864-0.127 )
=0.51/1.737
=29.36 %

* 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 10-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Dec. 2023 and 10-year before.


Amana Bank  (COL:ABL.N0000) 10-Year RORE % Explanation

Return on Retained Earnings (RORE) is important to investors because it reveals a company's efficiency and growth potential. A higher RORE indicates a higher return. A high RORE indicates that the company should reinvest profits into the business. A lower RORE suggests that the company should distribute profits to shareholders by paying out dividends, since those dollars aren't generating much additional growth for the company.

There are a several different ways to arrive at the Return on Retained Earnings. The simplest way to calculate it is by using published information on Earnings per Share (EPS) and Dividend per Share (DPS) over a selected period. Here, 10-year period is chosen.

Be Aware

Please keep in mind that the RORE is relative to the nature of the business and its competitors. If another company in the same sector is producing a lower return on retained earnings, it doesn’t necessarily mean it’s a bad investment. It may just suggest the company is older and no longer in a high growth stage. At such a stage in the business cycle, it would be expected to see a lower RORE and higher dividend payout.


Amana Bank 10-Year RORE % Related Terms

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Amana Bank (COL:ABL.N0000) Business Description

Traded in Other Exchanges
N/A
Address
486, Galle Road, Colombo, LKA, 03
Amana Bank PLC provides commercial banking services. Its services include accepting customer deposits, personal banking, lease financing, home, and property financing, advances against gold, resident and non-resident foreign currency operations. The reportable segment of the company is based on three operating segments. Consumer Banking segment includes individual customers' deposits and consumer financing including overdrafts, asset financing, and lease financing. The Business Banking segment, which is the key revenue driver, includes trade financing, overdraft, equipment, and machinery financing, and working capital financing and the Treasury segment includes placements of funds with other banks and financial institutions.

Amana Bank (COL:ABL.N0000) Headlines

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