Fulton Financial Corporation (FULT)
Fulton Financial Corporation Tangible Common Equity Ratio: 9.25%
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FULT Tangible Common Equity Ratio Rankings
| Overall | 76th percentile | 1044 of 4385 |
| Sector | 62nd percentile | 323 of 870 in Financial |
| Industry | 26th percentile | 49 of 67 in Regional - Northeast Banks |
FULT Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | 5.81% | Jun 2009 |
| Maximum | 9.25% | Mar 2012 |
| Average | 7.20% |
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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FULT News
May 14, 9:00AM Marketwire
Apr 18, 2:30PM Seeking Alpha
Apr 05, 1:54PM Marketwire
Apr 05, 1:46PM Marketwire
about 62 days ago by MarketBrief
about 69 days ago by DynamicDividend
Mar 20, 4:35PM Street Insider
Mar 20, 4:34PM Street Insider
about 74 days ago by TheAcsMan
about 76 days ago by jamiemc101
Feb 02, 3:31PM Marketwire
Feb 02, 7:23AM Street Insider
about 132 days ago by TradeIdeasQuant
about 134 days ago by MilionCapital
about 161 days ago by DynamicDividend
about 221 days ago by BioStockAddict
about 341 days ago by DynamicDividend
about 397 days ago by karthiks88
about 399 days ago by karthiks88
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| FULT | 10.24 | -0.04 | -0.39% | 2.051B |
| FSYS | 15.10 | -0.24 | -1.56% | 302.15M |
| FSTR | 27.66 | -0.04 | -0.14% | 283.52M |
| FST | 8.43 | +0.22 | +2.68% | 988.08M |
| FSS | 4.88 | +0.04 | +0.83% | 303.44M |
| FSRV | 26.32 | +0.17 | +0.65% | 753.28M |
| FSR | 7.40 | -0.07 | -0.94% | 520.07M |
| FSP | 10.05 | +0.07 | +0.70% | 833.55M |
| FRO | 5.38 | +0.40 | +8.03% | 418.89M |
| FRN | 19.46 | +0.04 | +0.21% |
