Associated Banc - (ASBC)
Associated Banc - Tangible Common Equity Ratio: 8.80%
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ASBC Tangible Common Equity Ratio Rankings
| Overall | 76th percentile | 1018 of 4385 |
| Sector | 65th percentile | 301 of 871 in Financial |
| Industry | 41st percentile | 24 of 41 in Regional - Midwest Banks |
ASBC Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | 5.52% | Dec 2009 |
| Maximum | 8.80% | Mar 2012 |
| Average | 7.02% |
About Tangible Common Equity Ratio
The tangible common equity (TCE) ratio is a useful number to gauge leverage of a financial firm. Specifically, it answers the question: "How much can the value of a bank's assets fall before the entire value of tangible* common equity is wiped out?"
For example, assume a bank as a TCE ratio of 5%. If the value of all of the banks assets fell by 5%, theoretically stockholders would no longer have a claim on the bank's tangible assets.
Another way of thinking about the TCE ratio of 5% is that the remaining 95% of the bank's tangible assets have been purchased using loaned funds that the bank must repay.
This ratio is worth spending time with. Once investors understand its implications, they rarely look at banking businesses the same way.
* The word tangible, in accounting, essentially means anything that can be touched or traded. Cash, buildings, accounts receivable, inventories and stock holdings of a business are all tangible assets. Trade secrets, patents, copyrights, and goodwill are not tangible assets, even though they may have value.
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ASBC News
May 21, 5:06PM Street Insider
about 6 days ago by earningscast
May 08, 6:23PM PR Newswire
about 34 days ago by azendrian
Apr 19, 8:14PM Seeking Alpha
Apr 13, 11:12AM PR Newswire
about 69 days ago by MarketBrief
about 72 days ago by MarketBrief
about 73 days ago by MarketBrief
about 101 days ago by ivanhoff
about 102 days ago by VexTrades
about 102 days ago by DynamicDividend
about 109 days ago by fornix
about 122 days ago by TradeIdeasQuant
about 129 days ago by earningscast
about 129 days ago by fornix
about 130 days ago by jackdamn
about 131 days ago by fornix
about 133 days ago by jackdamn
about 152 days ago by Ben1150
about 152 days ago by Ben1150
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| ASBC | 12.76 | -0.04 | -0.31% | 2.229B |
| ASA | 22.96 | +0.22 | +0.97% | |
| ARX | 6.54 | +0.01 | +0.15% | 554.72M |
| ARWRD | 4.120 | -0.05 | -1.20% | |
| ARWR | 4.120 | -0.05 | -1.20% | 43.38M |
| ARW | 34.34 | +0.02 | +0.06% | 3.838B |
| ARUN | 13.70 | -0.18 | -1.30% | 1.504B |
| ARTX | 0.88 | -0.11 | -11.11% | 13.70M |
| ARTW | 7.15 | -0.15 | -2.05% | 28.81M |
| ARTNA | 19.24 | -0.16 | -0.82% | 165.85M |