Return on Average Equity definition

Return on Average Equity means twelve months GAAP net income plus (minus) certain Non Cash Items and Merger Expenses divided by average Tangible Net Worth, for the period ending November 30th.

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Return on Average Equity means the Company's net income for a calendar year in the Performance Period, divided by the average of shareholder's equity as of the first and last day of such calendar year. Return on Average Equity shall be determined in accordance with generally accepted accounting principles as in effect on the first day of the applicable Performance Period.

Return on Average Equity or “(ROAE)” means the Bank’s after-tax net income at the end of the fiscal year, before payment of any common stock dividend and adjusted for extraordinary items, divided by the Bank’s average equity for the same fiscal year, as reported in the Bank’s general ledger and determined by the Bank’s independent auditors.

Examples of Return on Average Equity in a sentence

• The resulting performance measures are weighted: • 50 percent weighting to the matrix composed of both the three-year average Return on Average Equity (ROAE) and average earnings per share growth per Addendum A; and • 50 percent to the Relative Total Shareholder Return (TSR) per Addendum A, measured against the Company's Peer Group listed on Addendum B.

• The aggregate Bonus Pool shall be determined by reference to MFA’s Return on Average Equity (“ROAE”) as more fully described in Exhibit A to this Agreement.

• The Restricted Shares shall be divided into two equal tranches with restrictions on each tranche lapsing as follows: The first tranche will fully vest on the 2nd anniversary of the Closing Date subject to continuous employment through such date if Return on Average Equity (“ROAE”) measured over Years 1 and 2 is at least 13%.

• The performance standard will be based on the Corporation achieving Return on Average Equity (ROAE) with a percent ranking of at least 50% of the ROAE achieved by a defined peer group of bank holding companies, herein defined, for the four consecutive calendar quarters ending with the third quarter of each calendar year following the Award Date.

• The Restricted Shares shall be divided into two equal tranches with restrictions on each tranche lapsing as follows: The first tranche will fully vest on the 2nd anniversary of the Closing Date subject to continuous employment through such date if Return on Average Equity ("ROAE") measured over Years 1 and 2 is at least 13%.

More Definitions of Return on Average Equity

Return on Average Equity. (“ROAE”) means Net Income for the Performance Year divided by Average Equity for the Performance Year.

Return on Average Equity means the Company’s net income for a calendar year in the Performance Period, divided by the average of shareholder’s equity as of the first and last day of such calendar year. Return on Average Equity shall be determined in accordance with generally accepted accounting principles as in effect on the first day of the applicable Performance Period.

Return on Average Equity. (ROAE) shall mean Net Income of the Holding Company for the Incentive Period divided by Average Total Equity for the Incentive Period. Average Total Equity shall be as reported in the Holding Company's annual report to shareholders (or as otherwise reported to shareholders) less the average amount of any preferred stock.

Return on Average Equity or “ROAE”, means for the Company and each Index Company for a Long-Term Performance Period or period thereof, the average of (x) such company’s net income for each of the Fiscal Years during such Long-Term Performance Period, divided by (y) such company’s average equity during such Fiscal Year, in each case as reported in such company’s annual reports on Form 10-K for the Fiscal Years included in such Long-Term Performance Period.

Return on Average Equity means for any period, Net Income attributable to owners of the company for the financial period divided by the arithmetic average of shareholders’ equity (before minority interests) at the beginning and end of the period.

Return on Average Equity. OR "ROAE" shall mean the annual return on average shareholders' equity reported in publicly available financial reports.

Return on Average Equity. (ROAE) shall mean the result of the summation of Net Income for the three years included in the Incentive Period divided by the summation of the adjusted Average Total Equity for the three years included in the Incentive Period. Net Income shall be the amounts reported in the Holding Company's annual report to shareholders adjusted as Earnings Per Share in Section 2.06. Adjusted Average Total Equity shall be the Average Total Equity (as reported in the Holding Company's annual report to shareholders) adjusted as appropriate for any preferred shares outstanding.