BancorpSouth (BXS)
BancorpSouth Tangible Common Equity Ratio: 8.60%
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BXS Tangible Common Equity Ratio Rankings
| Overall | 77th percentile | 999 of 4385 |
| Sector | 67th percentile | 287 of 871 in Financial |
| Industry | 41st percentile | 20 of 34 in Regional - Southeast Banks |
BXS Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | 6.87% | Jun 2007 |
| Maximum | 8.60% | Mar 2012 |
| Average | 7.48% |
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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BXS News
about 17 days ago by TradeBot
May 07, 8:16AM Benzinga
Apr 25, 7:19AM Benzinga
Apr 23, 4:01PM PR Newswire
about 54 days ago by MarketBrief
about 55 days ago by MarketBrief
about 56 days ago by MarketBrief
about 59 days ago by MarketBrief
about 60 days ago by MarketBrief
about 61 days ago by MarketBrief
about 62 days ago by MarketBrief
about 63 days ago by MarketBrief
about 66 days ago by MarketBrief
about 76 days ago by GoofyGolfa
about 77 days ago by jamiemc101
Jan 25, 5:12PM Street Insider
about 129 days ago by JFinDallas
about 129 days ago by jackdamn
about 130 days ago by JFinDallas
about 130 days ago by nelsnyc
about 130 days ago by JFinDallas
about 131 days ago by DynamicDividend
about 131 days ago by TradeIdeasQuant
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| BXS | 13.41 | -0.04 | -0.30% | 1.266B |
| BXG | 5.20 | +0.10 | +1.96% | 169.36M |
| BXDC | 32.98 | +0.00 | +0.00% | |
| BXC | 2.51 | -0.09 | -3.46% | 159.96M |
| BRK.B | 79.25 | -0.55 | -0.69% | 196.25B |
| BRK.A | 119500 | -717.00 | -0.60% | 197.18B |
| BRIL | 18.80 | +0.39 | +2.12% | |
| BRFS | 16.09 | +0.26 | +1.64% | 13.99B |
| BRF | 36.45 | +0.99 | +2.79% | |
| BRE | 50.04 | -0.39 | -0.77% | 3.861B |