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NSTS Bancorp (NSTS Bancorp) Return-on-Tangible-Equity : -1.27% (As of Mar. 2024)


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What is NSTS 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. NSTS Bancorp's annualized net income for the quarter that ended in Mar. 2024 was $-0.98 Mil. NSTS Bancorp's average shareholder tangible equity for the quarter that ended in Mar. 2024 was $77.25 Mil. Therefore, NSTS Bancorp's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was -1.27%.

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

NSTS' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -5.55   Med: -0.12   Max: 0.9
Current: -5.55

During the past 5 years, NSTS Bancorp's highest Return-on-Tangible-Equity was 0.90%. The lowest was -5.55%. And the median was -0.12%.

NSTS's Return-on-Tangible-Equity is ranked worse than
97.6% of 1456 companies
in the Banks industry
Industry Median: 10.69 vs NSTS: -5.55

NSTS Bancorp Return-on-Tangible-Equity Historical Data

The historical data trend for NSTS 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.

NSTS Bancorp Return-on-Tangible-Equity Chart

NSTS Bancorp Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
0.90 -0.24 -0.12 0.04 -5.01

NSTS Bancorp Quarterly Data
Dec19 Jun20 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 0.84 -0.62 -1.18 -19.49 -1.27

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

For the Banks - Regional subindustry, NSTS 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.


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

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

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



NSTS Bancorp Return-on-Tangible-Equity Calculation

NSTS Bancorp'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 )
=-3.957/( (80.542+77.545 )/ 2 )
=-3.957/79.0435
=-5.01 %

NSTS 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 )
=-0.984/( (77.545+76.962)/ 2 )
=-0.984/77.2535
=-1.27 %

* 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.


NSTS Bancorp  (NAS:NSTS) 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.


NSTS Bancorp Return-on-Tangible-Equity Related Terms

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


NSTS Bancorp (NSTS Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
700 S. Lewis Avenue, Waukegan, IL, USA, 60085
NSTS Bancorp Inc is a savings and loan holding company regulated Federal Reserve Board. The company was formed to serve as the North Shore Trust and Savings stock holding company. The Bank is a wholly-owned subsidiary of the company and operates as a traditional savings institution focused primarily on serving the banking needs of customers in our market area of Lake County, Illinois and adjacent communities.
Executives
Carissa H Schoolcraft officer: Chief Financial Officer 700 SOUTH LEWIS AVENUE, WAUKEGAN IL 60085
Kevin M Dolan director 3850 N CAUSEWAY BLVD STE 800, METAIRIE LA 70002
Nathan E Walker officer: President 700 SOUTH LEWIS AVENUE, WAUKEGAN IL 60085
Amy L Avakian officer: Chief Lending Officer 700 SOUTH LEWIS AVENUE, WAUKEGAN IL 60085
Stephen G. Lear director, officer: Chief Executive Officer 700 SOUTH LEWIS AVENUE, WAUKEGAN IL 60085
Thomas J Kneesel director 700 SOUTH LEWIS AVENUE, WAUKEGAN IL 60085
Rodney J, True director 700 SOUTH LEWIS AVENUE, WAUKEGAN IL 60085
Bond Thaddeus M. Jr. director 700 SOUTH LEWIS AVENUE, WAUKEGAN IL 60085
Apolonio Arenas director 700 SOUTH LEWIS AVENUE, WAUKEGAN IL 60085
Thomas M Ivantic director 700 SOUTH LEWIS AVENUE, WAUKEGAN IL 60085

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