Define: ROTCE

What does "ROTCE" mean? The meaning differs based on the contract. We found 2 definitions across 1 company in SEC filings.

Definition 1 (JPMORGAN CHASE & CO, seen in 1 filing)

ROTCE means Return on Tangible Common Equity.

Source: JPMORGAN CHASE & CO 10-K


Definition 2 (JPMORGAN CHASE & CO, seen in 1 filing)

ROTCE means for the Firm and each of the Performance Companies a percentage derived by, for each year in the Performance Period, dividing (i) annual earnings from continuing operations less dividends on preferred stock as set forth in published financial disclosures by (ii) the Average Tangible Common Equity for the year. If, prior to the end of the vesting period, the Firm or any Performance Company restates its published financial statements for any year in the Performance Period, ROTCE for that year shall be recalculated for the Firm or Performance Company with the Performance Ranking adjusted, if necessary. This calculation is used solely for purposes of the Performance Ranking.

Source: JPMORGAN CHASE & CO 10-K



Data extracted from 6 SEC EDGAR filings across 1 company. Source: Material contracts (Exhibit 10) filed under Regulation S-K.


This page presents definitions found in actual SEC filings for informational purposes. The specific definition appropriate for your contract may vary based on jurisdiction, industry, and specific circumstances. Consult with a qualified attorney for legal advice.

Occurrences: 6
Companies: 1
Keywords:
ROTCEdefinitioncontract languagelegal termSEC filing

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