Columbia Banking System (COLB)
Columbia Banking System Tangible Common Equity Ratio: 13.21%
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COLB Tangible Common Equity Ratio Rankings
| Overall | 71st percentile | 1261 of 4385 |
| Sector | 45th percentile | 474 of 871 in Financial |
| Industry | 13th percentile | 65 of 75 in Savings & Loans |
COLB Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | 7.76% | Dec 2007 |
| Maximum | 14.18% | Mar 2011 |
| Average | 10.65% |
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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COLB News
Apr 25, 4:52PM Street Insider
Apr 25, 4:51PM Street Insider
Apr 25, 4:00PM PR Newswire
Apr 13, 5:26PM PR Newswire
Apr 06, 4:52PM PR Newswire
Apr 05, 10:44AM Street Insider
Apr 05, 10:37AM Benzinga
about 67 days ago by MarketBrief
Feb 23, 5:53PM PR Newswire
Feb 06, 11:13AM PR Newswire
Jan 30, 7:36AM Street Insider
Jan 26, 9:17AM Street Insider
Jan 26, 9:17AM Street Insider
Jan 26, 9:15AM PR Newswire
Jan 26, 9:15AM PR Newswire
about 305 days ago by DynamicDividend
about 392 days ago by DynamicDividend
about 760 days ago by RobTheStreet
about 854 days ago by StockTickr
about 981 days ago by RAFCashrich
about 1001 days ago by fromtheolive
about 1001 days ago by Financebanter
about 1005 days ago by dakapbj
about 1342 days ago by misstrade
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| COLB | 18.13 | -0.11 | -0.60% | 719.22M |
| COL | 50.15 | -0.47 | -0.93% | 7.454B |
| COKE | 60.75 | -0.22 | -0.36% | 559.51M |
| COHU | 9.35 | -0.16 | -1.68% | 227.67M |
| COHR | 45.53 | +0.04 | +0.09% | 1.073B |
| COH | 68.91 | -0.36 | -0.52% | 19.83B |
| COGO | 1.89 | +0.02 | +1.07% | |
| CHU | 14.22 | -0.39 | -2.67% | 33.51B |
| CHTR | 64.27 | +0.06 | +0.09% | 6.460B |
| CHTP | 1.87 | -0.03 | -1.58% | 125.36M |
