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Bahrain Islamic Bank BSC (BAH:BISB) Return-on-Tangible-Equity : 2.85% (As of Mar. 2024)


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What is Bahrain Islamic Bank BSC 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. Bahrain Islamic Bank BSC's annualized net income for the quarter that ended in Mar. 2024 was BHD4.12 Mil. Bahrain Islamic Bank BSC's average shareholder tangible equity for the quarter that ended in Mar. 2024 was BHD144.95 Mil. Therefore, Bahrain Islamic Bank BSC's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was 2.85%.

The historical rank and industry rank for Bahrain Islamic Bank BSC's Return-on-Tangible-Equity or its related term are showing as below:

BAH:BISB' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -11.58   Med: 8.22   Max: 11.92
Current: 6.45

During the past 13 years, Bahrain Islamic Bank BSC's highest Return-on-Tangible-Equity was 11.92%. The lowest was -11.58%. And the median was 8.22%.

BAH:BISB's Return-on-Tangible-Equity is ranked worse than
73.01% of 1456 companies
in the Banks industry
Industry Median: 10.7 vs BAH:BISB: 6.45

Bahrain Islamic Bank BSC Return-on-Tangible-Equity Historical Data

The historical data trend for Bahrain Islamic Bank BSC'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.

Bahrain Islamic Bank BSC Return-on-Tangible-Equity Chart

Bahrain Islamic Bank BSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.21 -11.58 5.53 9.61 7.94

Bahrain Islamic Bank BSC Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 8.76 8.72 9.49 4.87 2.85

Competitive Comparison of Bahrain Islamic Bank BSC's Return-on-Tangible-Equity

For the Banks - Regional subindustry, Bahrain Islamic Bank BSC'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.


Bahrain Islamic Bank BSC's Return-on-Tangible-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Bahrain Islamic Bank BSC's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Bahrain Islamic Bank BSC's Return-on-Tangible-Equity falls into.



Bahrain Islamic Bank BSC Return-on-Tangible-Equity Calculation

Bahrain Islamic Bank BSC's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=11.136/( (135.751+144.632 )/ 2 )
=11.136/140.1915
=7.94 %

Bahrain Islamic Bank BSC's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=4.124/( (144.632+145.273)/ 2 )
=4.124/144.9525
=2.85 %

* 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 (Mar. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Bahrain Islamic Bank BSC  (BAH:BISB) 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.


Bahrain Islamic Bank BSC Return-on-Tangible-Equity Related Terms

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Bahrain Islamic Bank BSC (BAH:BISB) Business Description

Traded in Other Exchanges
N/A
Address
Road 1708, Diplomatic Area, P.O. Box 5240, Block 317, Building 722, Al Salam Tower, Manama, BHR
Bahrain Islamic Bank BSC provides banking services with operations across the Kingdom of Bahrain in accordance with the teachings of the sharia law. The bank operates through the Corporate, Retail, and Investment segments. Through these segments, it handles equity of corporate investment account holders, corporate current accounts, provision of Islamic financing facilities, equity of individual retail customers' investment accountholders, equity of banks and financial institutions investment accountholders, trading, and treasury services, and provision of the money market. The company derives the majority of its revenues from its retail segment.

Bahrain Islamic Bank BSC (BAH:BISB) Headlines

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