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FSB Bancorp (FSB Bancorp) Return-on-Tangible-Equity : -6.00% (As of Dec. 2019)


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What is FSB Bancorp Return-on-Tangible-Equity?

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. FSB Bancorp's annualized net income for the quarter that ended in Dec. 2019 was $-1.90 Mil. FSB Bancorp's average shareholder tangible equity for the quarter that ended in Dec. 2019 was $31.73 Mil. Therefore, FSB Bancorp's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2019 was -6.00%.

The historical rank and industry rank for FSB Bancorp's Return-on-Tangible-Equity or its related term are showing as below:

FSBC's Return-on-Tangible-Equity is not ranked *
in the Banks industry.
Industry Median: 10.91
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

FSB Bancorp Return-on-Tangible-Equity Historical Data

The historical data trend for FSB Bancorp's Return-on-Tangible-Equity 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.

FSB Bancorp Return-on-Tangible-Equity Chart

FSB Bancorp Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec15 Dec16 Dec17 Dec18 Dec19
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.41 3.19 0.67 0.43 -1.63

FSB Bancorp Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19
Return-on-Tangible-Equity 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 0.55 0.11 -0.60 0.03 -6.00

Competitive Comparison of FSB Bancorp's Return-on-Tangible-Equity

For the Banks - Regional subindustry, FSB Bancorp's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.


FSB Bancorp's Return-on-Tangible-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, FSB Bancorp's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where FSB Bancorp's Return-on-Tangible-Equity falls into.



FSB Bancorp Return-on-Tangible-Equity Calculation

FSB Bancorp's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2019 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2019 )  (A: Dec. 2018 )(A: Dec. 2019 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2019 )  (A: Dec. 2018 )(A: Dec. 2019 )
=-0.513/( (31.513+31.544 )/ 2 )
=-0.513/31.5285
=-1.63 %

FSB Bancorp's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2019 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2019 )  (Q: Sep. 2019 )(Q: Dec. 2019 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2019 )  (Q: Sep. 2019 )(Q: Dec. 2019 )
=-1.904/( (31.917+31.544)/ 2 )
=-1.904/31.7305
=-6.00 %

* 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 Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Dec. 2019) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


FSB Bancorp  (NAS:FSBC) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity 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 Return-on-Tangible-Equitys can be extremely high.


FSB Bancorp Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of FSB Bancorp's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


FSB Bancorp (FSB Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
45 South Main Street, Fairport, NY, USA, 14450
FSB Bancorp Inc is a bank holding company which offers secure and personalized financial solutions. The company through its banking subsidiaries is engaged in providing banking products and services including checking and savings, lending and other mortgage services, Wealth Management and Insurance. Its revenue derived primarily from Interest on loans and, Interest on investment and municipal securities and mortgage-backed securities.
Executives
Kevin D Maroney director, officer: President and CEO 45 SOUTH MAIN STREET, FAIRPORT NY 14450