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Wilson Bank Holding Co (Wilson Bank Holding Co) ROE % : 11.02% (As of Dec. 2023)


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What is Wilson Bank Holding Co ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Wilson Bank Holding Co's annualized net income for the quarter that ended in Dec. 2023 was $44.9 Mil. Wilson Bank Holding Co's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $407.2 Mil. Therefore, Wilson Bank Holding Co's annualized ROE % for the quarter that ended in Dec. 2023 was 11.02%.

The historical rank and industry rank for Wilson Bank Holding Co's ROE % or its related term are showing as below:

WBHC' s ROE % Range Over the Past 10 Years
Min: 9.18   Med: 11.32   Max: 13.7
Current: 12.5

During the past 13 years, Wilson Bank Holding Co's highest ROE % was 13.70%. The lowest was 9.18%. And the median was 11.32%.

WBHC's ROE % is not ranked
in the Banks industry.
Industry Median: 9.86 vs WBHC: 12.50

Wilson Bank Holding Co ROE % Historical Data

The historical data trend for Wilson Bank Holding Co'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.

Wilson Bank Holding Co ROE % Chart

Wilson Bank Holding Co 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 11.39 10.74 12.45 13.70 12.39

Wilson Bank Holding Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 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 14.04 14.78 12.65 11.79 11.02

Competitive Comparison of Wilson Bank Holding Co's ROE %

For the Banks - Regional subindustry, Wilson Bank Holding Co'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.


Wilson Bank Holding Co's ROE % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Wilson Bank Holding Co's ROE % distribution charts can be found below:

* The bar in red indicates where Wilson Bank Holding Co's ROE % falls into.



Wilson Bank Holding Co ROE % Calculation

Wilson Bank Holding Co'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 )
=48.938/( (360.437+429.336)/ 2 )
=48.938/394.8865
=12.39 %

Wilson Bank Holding Co'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 )
=44.888/( (385.042+429.336)/ 2 )
=44.888/407.189
=11.02 %

* 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.


Wilson Bank Holding Co  (OTCPK:WBHC) 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
=44.888/407.189
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(44.888 / 167.356)*(167.356 / 4735.808)*(4735.808 / 407.189)
=Net Margin %*Asset Turnover*Equity Multiplier
=26.82 %*0.0353*11.6305
=ROA %*Equity Multiplier
=0.95 %*11.6305
=11.02 %

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
=44.888/407.189
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (44.888 / 56.88) * (56.88 / 167.356) * (167.356 / 4735.808) * (4735.808 / 407.189)
= Tax Burden * Pretax Margin % * Asset Turnover * Equity Multiplier
= 0.7892 * 33.99 % * 0.0353 * 11.6305
=11.02 %

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.


Wilson Bank Holding Co ROE % Related Terms

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


Wilson Bank Holding Co (Wilson Bank Holding Co) Business Description

Traded in Other Exchanges
N/A
Address
623 West Main Street, Lebanon, TN, USA, 37087
Wilson Bank Holding Co is a Tennessee-based bank holding company. Its banking operations are conducted mainly through its bank subsidiary which includes a range of banking services, including checking, savings, and money market deposit accounts, certificates of deposit and loans for consumer, commercial and real estate purposes and also offers custodial, trust and discount brokerage services to its customers. The company operates primarily in Wilson, DeKalb, Smith, Rutherford, Putnam, and Sumner counties and the surrounding counties. It earns its revenue from interest and deposits income.
Executives
Deborah Varallo director 623 WEST MAIN ST., LEBANON TN 37087
Michael G. Maynard director 623 WEST MAIN ST., LEBANON TN 37087
Clinton M. Swain director 623 WEST MAIN ST., LEBANON TN 37087
Robert H Goodall director 623 WEST MAIN ST., LEBANON TN 37087
Andrew Jakes officer: SRVP 623 WEST MAIN ST., LEBANON TN 37087
James F Comer director P O BOX 768, LEBANON TN 37087
Barry Buckley officer: SrVP 623 WEST MAIN ST, PO 768, LEBNAON TN 37087
James Anthony Patton director P O BOX 768, LEBANON TN 37088
Amelia Vance officer: SENIOR VICE PRESIDENT 623 WEST MAIN STREET, LEBANON TN 37087
Will Jordan director PO 768, LEBANON TN 37087
John Foster` officer: Srvp 623 WEST MAIN STREET, PO 768, LEBANON TN 37087
Mac Griffin officer: srvp 623 WEST MAIN STREET, LEBANON TN 37087
Scott Jasper officer: Srvp 623 WEST MAIN STREET, LEBANON TN 37087
Clark Oakley officer: srvp 623 WEST MAIN ST, LEBANON TN 37087
Paula Evans officer: svp PO 768, 623 WEST MAIN ST, LEBANON TN 37087

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