First Financial Bankshares (FFIN)
First Financial Bankshares Tangible Common Equity Ratio: 10.71%
View FFIN 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
FFIN Tangible Common Equity Ratio Rankings
| Overall | 73rd percentile | 1146 of 4385 |
| Sector | 53rd percentile | 407 of 870 in Financial |
| Industry | 4th percentile | 21 of 22 in Regional - Southwest Banks |
FFIN Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | 8.64% | Jun 2007 |
| Maximum | 11.69% | Sep 2009 |
| Average | 10.27% |
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 FFIN related companies
FFIN News
about 8 days ago by MarketBrief
about 32 days ago by First_Financial
about 35 days ago by DynamicDividend
Apr 24, 12:47PM Benzinga
Apr 24, 12:47PM Street Insider
about 36 days ago by First_Financial
about 46 days ago by RecogniaEvents
about 46 days ago by RecogniaEvents
about 71 days ago by First_Financial
about 88 days ago by First_Financial
about 98 days ago by First_Financial
Feb 07, 9:00AM PR Newswire
Feb 06, 11:45AM PR Newswire
about 113 days ago by First_Financial
about 123 days ago by howardlindzon
Jan 26, 5:14PM Street Insider
about 124 days ago by StockTwits
about 124 days ago by First_Financial
Jan 26, 4:05PM PR Newswire
about 127 days ago by First_Financial
Dec 09, 10:38AM PR Newswire
about 197 days ago by MarketBrief
about 197 days ago by MarketBrief
about 216 days ago by First_Financial
Oct 26, 10:20AM Street Insider
Oct 26, 10:19AM Benzinga
Oct 26, 10:18AM PR Newswire
about 222 days ago by First_Financial
about 235 days ago by First_Financial
about 242 days ago by First_Financial
about 299 days ago by First_Financial
about 306 days ago by First_Financial
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| FFIN | 32.35 | +0.02 | +0.06% | 1.017B |
| ERII | 2.24 | +0.05 | +2.28% | 115.30M |
| ERIE | 72.00 | +0.29 | +0.40% | 3.423B |
| ERIC | 8.89 | +0.31 | +3.61% | 27.54B |
| ERH | 11.14 | +0.01 | +0.09% | |
| ERF | 13.94 | +0.30 | +2.20% | 2.672B |
| EQT | 47.36 | +0.46 | +0.98% | 7.022B |
| EQS | 2.08 | +0.03 | +1.46% | |
| FLL | 2.96 | -0.02 | -0.63% | 55.26M |
| FLIR | 21.63 | +0.32 | +1.50% | 3.283B |