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Banque Nationale de Belgique (XBRU:BNB) ROE % : -7.73% (As of Dec. 2022)


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What is Banque Nationale de Belgique ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Banque Nationale de Belgique's annualized net income for the quarter that ended in Dec. 2022 was €-579.59 Mil. Banque Nationale de Belgique's average Total Stockholders Equity over the quarter that ended in Dec. 2022 was €7,496.09 Mil. Therefore, Banque Nationale de Belgique's annualized ROE % for the quarter that ended in Dec. 2022 was -7.73%.

The historical rank and industry rank for Banque Nationale de Belgique's ROE % or its related term are showing as below:

XBRU:BNB' s ROE % Range Over the Past 10 Years
Min: -7.73   Med: 10.4   Max: 16.84
Current: -7.73

During the past 13 years, Banque Nationale de Belgique's highest ROE % was 16.84%. The lowest was -7.73%. And the median was 10.40%.

XBRU:BNB's ROE % is ranked worse than
97.67% of 1460 companies
in the Banks industry
Industry Median: 9.7 vs XBRU:BNB: -7.73

Banque Nationale de Belgique ROE % Historical Data

The historical data trend for Banque Nationale de Belgique'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.

Banque Nationale de Belgique ROE % Chart

Banque Nationale de Belgique Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.20 11.62 8.87 4.69 -7.73

Banque Nationale de Belgique Semi-Annual Data
Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
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 11.20 11.62 8.87 4.69 -7.73

Competitive Comparison of Banque Nationale de Belgique's ROE %

For the Banks - Regional subindustry, Banque Nationale de Belgique'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.


Banque Nationale de Belgique's ROE % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Banque Nationale de Belgique's ROE % distribution charts can be found below:

* The bar in red indicates where Banque Nationale de Belgique's ROE % falls into.



Banque Nationale de Belgique ROE % Calculation

Banque Nationale de Belgique's annualized ROE % for the fiscal year that ended in Dec. 2022 is calculated as

ROE %=Net Income (A: Dec. 2022 )/( (Total Stockholders Equity (A: Dec. 2021 )+Total Stockholders Equity (A: Dec. 2022 ))/ count )
=-579.593/( (7581.746+7410.439)/ 2 )
=-579.593/7496.0925
=-7.73 %

Banque Nationale de Belgique's annualized ROE % for the quarter that ended in Dec. 2022 is calculated as

ROE %=Net Income (Q: Dec. 2022 )/( (Total Stockholders Equity (Q: Dec. 2021 )+Total Stockholders Equity (Q: Dec. 2022 ))/ count )
=-579.593/( (7581.746+7410.439)/ 2 )
=-579.593/7496.0925
=-7.73 %

* 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 one times the annual (Dec. 2022) net income data. ROE % is displayed in the 30-year financial page.


Banque Nationale de Belgique  (XBRU:BNB) 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. 2022 )
=Net Income/Total Stockholders Equity
=-579.593/7496.0925
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-579.593 / 45.141)*(45.141 / 349190.9435)*(349190.9435 / 7496.0925)
=Net Margin %*Asset Turnover*Equity Multiplier
=-1283.96 %*0.0001*46.5831
=ROA %*Equity Multiplier
=-0.13 %*46.5831
=-7.73 %

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. 2022 )
=Net Income/Total Stockholders Equity
=-579.593/7496.0925
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-579.593 / -551.329) * (-551.329 / 45.141) * (45.141 / 349190.9435) * (349190.9435 / 7496.0925)
= Tax Burden * Pretax Margin % * Asset Turnover * Equity Multiplier
= 1.0513 * -1221.35 % * 0.0001 * 46.5831
=-7.73 %

Note: The net income data used here is one times the annual (Dec. 2022) net income data. The Revenue data used here is one times the annual (Dec. 2022) 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.


Banque Nationale de Belgique ROE % Related Terms

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Banque Nationale de Belgique (XBRU:BNB) Business Description

Traded in Other Exchanges
Address
Boulevard de Berlaimont 14, Brussels, BEL, 1000
Banque Nationale de Belgique SA, or the National Bank of Belgium, is the country's central bank. The bank does not operate like other banks whose chief objective is profit maximization for its shareholders. Its primary aim is to maintain price stability as well as supervision of the Belgian financial sector and other related tasks in the national interest. The most notable portion of assets on the balance sheet include securities held for monetary policy purposes. Other notable assets include other securities and net claims related to the allocation of euro banknotes within the Eurosystem. Net interest income is the overwhelming majority of net revenue.

Banque Nationale de Belgique (XBRU:BNB) Headlines