Sierra Bancorp (BSRR)
Sierra Bancorp Tangible Common Equity Ratio: 12.27%
View BSRR Tangible Common Equity Ratio with YCharts Pro.
Access these YCharts Pro features:
Export any data you want
Save any chart as an image
Utilize advanced screener power
View 30 years of financial history
over 90 advanced calculations
Enjoy an advertising free experience
BSRR Tangible Common Equity Ratio Rankings
| Overall | 72nd percentile | 1223 of 4385 |
| Sector | 48th percentile | 448 of 871 in Financial |
| Industry | 19th percentile | 34 of 42 in Regional - Pacific Banks |
BSRR Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | 7.17% | Dec 2008 |
| Maximum | 12.30% | Mar 2011 |
| Average | 9.70% |
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.
Learn More
You may also be interested in these BSRR related companies
BSRR News
May 24, 8:15AM Benzinga
about 34 days ago by DynamicDividend
about 125 days ago by DynamicDividend
Dec 29, 6:18PM PR Newswire
Apr 25, 9:51AM FlyOnTheWall
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| BSRR | 9.01 | +0.06 | +0.67% | 127.04M |
| BSQR | 2.65 | -0.02 | -0.75% | 28.86M |
| BSP | 8.43 | +0.00 | +0.00% | |
| BSI | 2.555 | +0.01 | +0.59% | 168.60M |
| CB | 71.75 | -0.35 | -0.49% | 19.40B |
| CAW | 4.06 | +0.06 | +1.50% | 28.62M |
| CAVM | 23.77 | -0.09 | -0.38% | 1.174B |
| CATY | 16.68 | -0.18 | -1.07% | 1.312B |
| CATO | 29.33 | +0.53 | +1.84% | 804.23M |
| CATM | 28.16 | -0.26 | -0.91% | 1.240B |
