Banque nationale de Belgique Societe anonyme Ret. on equity
What is the Ret. on equity of Banque nationale de Belgique Societe anonyme?
The Ret. on equity of Banque nationale de Belgique Societe anonyme is 4.69%
What is the definition of Ret. on equity?
Return on equity is a measure of the profitability of a business in relation to the book value of the shareholder equity. It is computed by dividing fiscal year net income by total shareholder equity.
ttm (trailing twelve months)
The return on equity (ROE) ROE is a measure of how well a company uses investments to generate earnings growth. ROE is used for comparing the performance of companies in the same industry. It indicated the management's ability to generate income from the equity available to it. ROEs of 15-20% are generally considered good. ROEs are also a factor in stock valuation, in association with other financial ratios. In general, stock prices are influenced by earnings per share (EPS), so that stock of a company with a 20% ROE will generally cost twice as much as one with a 10% ROE.
Ret. on equity of companies in the Finance sector on EURONEXT compared to Banque nationale de Belgique Societe anonyme
What does Banque nationale de Belgique Societe anonyme do?
Banque nationale de Belgique Société anonyme operates as the central bank of Belgium. The company's activities include determination and implementation of the Eurosystem's monetary policy; printing and issuing of notes and coins; collection, compilation, analysis, and distribution of economic and financial information; and promotion of monetary and financial stability. It also engages in the centralization of the revenue and expenditure of the federal state; administration of fines and settlements; combating money laundering; and international settlements. In addition, the company provides macro prudential and prudential supervision, oversight of financial market infrastructures and critical service providers, and crisis management services; and a range of services to individuals and schools, such as exchange of banknotes and coins, securities and coupons, central individual credit register for consumer credits and mortgage loans, and documentation base primarily specialized in economics, finance, and monetary policy, as well as collects and publishes annual accounts of Belgian enterprises. Further, it offers services to central banks comprising reserve management services, such as custody accounts and remuneration of the cash accounts to non-euro area countries, and central banks or monetary authorities, as well as international organization other than community institutions and bodies. The company was founded in 1850 and is headquartered in Brussels, Belgium.
Companies with ret. on equity similar to Banque nationale de Belgique Societe anonyme
- First Derivatives plc has Ret. on equity of 4.68%
- Invesco Dynamic Credit Opportunities Fund has Ret. on equity of 4.68%
- Malvern Bancorp Inc has Ret. on equity of 4.68%
- Kingsmen Resources has Ret. on equity of 4.69%
- Surana Solar has Ret. on equity of 4.69%
- Compass Diversified has Ret. on equity of 4.69%
- Banque nationale de Belgique Societe anonyme has Ret. on equity of 4.69%
- Telus has Ret. on equity of 4.69%
- Top Education Ltd has Ret. on equity of 4.69%
- Kilitch Drugs (India) has Ret. on equity of 4.69%
- 51Job has Ret. on equity of 4.69%
- Cambria Africa plc has Ret. on equity of 4.70%
- MAG Silver has Ret. on equity of 4.70%