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Mercer Bancorp (Mercer Bancorp) Return-on-Tangible-Equity : 2.21% (As of Mar. 2024)


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What is Mercer 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. Mercer Bancorp's annualized net income for the quarter that ended in Mar. 2024 was $0.52 Mil. Mercer Bancorp's average shareholder tangible equity for the quarter that ended in Mar. 2024 was $23.36 Mil. Therefore, Mercer Bancorp's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was 2.21%.

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

MSBB' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 2.16   Med: 5.45   Max: 6.72
Current: 2.16

During the past 2 years, Mercer Bancorp's highest Return-on-Tangible-Equity was 6.72%. The lowest was 2.16%. And the median was 5.45%.

MSBB's Return-on-Tangible-Equity is ranked worse than
91.35% of 1457 companies
in the Banks industry
Industry Median: 10.7 vs MSBB: 2.16

Mercer Bancorp Return-on-Tangible-Equity Historical Data

The historical data trend for Mercer 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.

Mercer Bancorp Return-on-Tangible-Equity Chart

Mercer Bancorp Annual Data
Trend Sep22 Sep23
Return-on-Tangible-Equity
6.72 4.18

Mercer Bancorp Quarterly Data
Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only 8.40 7.66 -3.37 3.02 2.21

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

For the Banks - Regional subindustry, Mercer 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.


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

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

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



Mercer Bancorp Return-on-Tangible-Equity Calculation

Mercer Bancorp's annualized Return-on-Tangible-Equity for the fiscal year that ended in Sep. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Sep. 2023 )  (A: Sep. 2022 )(A: Sep. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Sep. 2023 )  (A: Sep. 2022 )(A: Sep. 2023 )
=0.77/( (14.056+22.785 )/ 2 )
=0.77/18.4205
=4.18 %

Mercer Bancorp'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 )
=0.516/( (23.374+23.351)/ 2 )
=0.516/23.3625
=2.21 %

* 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 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.


Mercer Bancorp  (OTCPK:MSBB) 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.


Mercer Bancorp Return-on-Tangible-Equity Related Terms

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


Mercer Bancorp (Mercer Bancorp) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
1100 Irmscher Boulevard, Celina, OH, USA, 45822
Mercer Bancorp Inc operates as a full-service bank. It offers deposits, loans, and other services. The loan portfolio consists primarily of residential mortgage loans secured by one- to four-family residential properties and agricultural real estate loans secured by farmland located in primary market area.
Executives
Alvin B Parmiter director, officer: President and CEO 425 MAIN STREET, CALDWELL OH 43724
Kristin M Fee director 1100 IRMSCHER BLVD, CELINA OH 45822
Rick L Ross officer: Treasurer 1100 IRMSCHER BLVD, CELINA OH 45822
Richard A Mosier director 1100 IRMSCHER BLVD, CELINA OH 45822
Trever A Bransteter officer: SVP, Lending 1100 IRMSCHER BLVD, CELINA OH 45822
Ryan Moorman officer: SVP, Lending 1100 IRMSCHER BLVD, CELINA OH 45822
Timothy L Bigham officer: SVP, Operations 1100 IRMSCHER BLVD, CELINA OH 45822
Jose W Faller director 1100 IRMSCHER BLVD, CELINA OH 45822
Michael J Boley director 1100 IRMSCHER BLVD, CELINA OH 45822
David L Keiser director 1100 IRMSCHER BLVD, CELINA OH 45822

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