Colony Bankcorp (CBAN)
Colony Bankcorp Tangible Common Equity Ratio: 5.88%
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CBAN Tangible Common Equity Ratio Rankings
| Overall | 81st percentile | 796 of 4385 |
| Sector | 84th percentile | 133 of 871 in Financial |
| Industry | 76th percentile | 15 of 64 in Regional - Mid-Atlantic Banks |
CBAN Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | 4.71% | Dec 2009 |
| Maximum | 7.04% | Mar 2008 |
| Average | 5.95% |
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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CBAN News
Apr 23, 4:00PM GlobeNewswire
about 65 days ago by RecogniaEvents
Jan 31, 8:00AM GlobeNewswire
Jan 20, 8:00AM GlobeNewswire
Oct 19, 8:06AM Street Insider
Oct 19, 8:00AM GlobeNewswire
about 699 days ago by TheKirkReport
about 753 days ago by millchristian
about 790 days ago by codytrades
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| CBAN | 5.16 | +0.66 | +14.67% | 43.55M |
| CBAK | 0.699 | +0.01 | +1.45% | 44.61M |
| CB | 71.75 | -0.35 | -0.49% | 19.40B |
| BTM | 12.01 | +0.19 | +1.61% | 1.600B |
| BTI | 95.46 | -0.18 | -0.19% | |
| BTH | 75.51 | +0.21 | +0.28% | 620.59M |
| BTFG | 1.90 | -0.05 | -2.56% | 34.10M |
| BSX | 5.87 | -0.04 | -0.68% | 8.516B |
| BSV | 81.08 | +0.05 | +0.06% | |
| BSTC | 16.39 | -0.01 | -0.06% | 103.91M |
