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Bankint Petersburg PJSC (MIC:BSPB) ROE % : 24.21% (As of Dec. 2023)


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What is Bankint Petersburg PJSC ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Bankint Petersburg PJSC's annualized net income for the quarter that ended in Dec. 2023 was ₽41,736 Mil. Bankint Petersburg PJSC's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was ₽172,426 Mil. Therefore, Bankint Petersburg PJSC's annualized ROE % for the quarter that ended in Dec. 2023 was 24.21%.

The historical rank and industry rank for Bankint Petersburg PJSC's ROE % or its related term are showing as below:

MIC:BSPB' s ROE % Range Over the Past 10 Years
Min: 6.7   Med: 11.33   Max: 29.7
Current: 28.37

During the past 13 years, Bankint Petersburg PJSC's highest ROE % was 29.70%. The lowest was 6.70%. And the median was 11.33%.

MIC:BSPB's ROE % is ranked better than
95.68% of 1460 companies
in the Banks industry
Industry Median: 9.78 vs MIC:BSPB: 28.37

Bankint Petersburg PJSC ROE % Historical Data

The historical data trend for Bankint Petersburg PJSC'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.

Bankint Petersburg PJSC ROE % Chart

Bankint Petersburg PJSC Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec22 Dec23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.34 10.27 12.88 - 29.70

Bankint Petersburg PJSC Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Mar23 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 17.24 45.45 34.09 20.42 24.21

Competitive Comparison of Bankint Petersburg PJSC's ROE %

For the Banks - Regional subindustry, Bankint Petersburg PJSC'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.


Bankint Petersburg PJSC's ROE % Distribution in the Banks Industry

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

* The bar in red indicates where Bankint Petersburg PJSC's ROE % falls into.



Bankint Petersburg PJSC ROE % Calculation

Bankint Petersburg PJSC'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 )
=47315/( (144780+173892)/ 2 )
=47315/159336
=29.70 %

Bankint Petersburg PJSC'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 )
=41736/( (170960+173892)/ 2 )
=41736/172426
=24.21 %

* 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.


Bankint Petersburg PJSC  (MIC:BSPB) 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
=41736/172426
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(41736 / 82716)*(82716 / 1011641.5)*(1011641.5 / 172426)
=Net Margin %*Asset Turnover*Equity Multiplier
=50.46 %*0.0818*5.8671
=ROA %*Equity Multiplier
=4.13 %*5.8671
=24.21 %

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
=41736/172426
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (41736 / 60404) * (60404 / 82716) * (82716 / 1011641.5) * (1011641.5 / 172426)
= Tax Burden * Pretax Margin % * Asset Turnover * Equity Multiplier
= 0.6909 * 73.03 % * 0.0818 * 5.8671
=24.21 %

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.


Bankint Petersburg PJSC ROE % Related Terms

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Bankint Petersburg PJSC (MIC:BSPB) Business Description

Traded in Other Exchanges
N/A
Address
64A, Malookhtinsky Prospect, Saint Petersburg, RUS, 195112
Bank Saint Petersburg PJSC is a Russian privately-owned commercial bank. The Bank operates in three segments: Corporate Banking; Operation on Financial Markets, and Retail Banking. The Corporate banking segment offers settlement and current accounts, deposits, credit lines, loans, foreign currency transactions with commercial and state entities. The Operation on Financial Markets segment consists of financial instruments trading, loans, and deposits on the interbank market, dealing in foreign exchange and derivative financial instruments. The Retail banking segment private baing services, customer current accounts, retail investment products, card services, mortgages, and other loan services. The Corporate banking segment generates nearly half of the company's revenue.

Bankint Petersburg PJSC (MIC:BSPB) Headlines

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