Huntington Bancshares (HBAN)
Huntington Bancshares Tangible Common Equity Ratio: 8.23%
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HBAN Tangible Common Equity Ratio Rankings
| Overall | 77th percentile | 975 of 4385 |
| Sector | 68th percentile | 270 of 870 in Financial |
| Industry | 56th percentile | 18 of 41 in Regional - Midwest Banks |
HBAN Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | 3.81% | Dec 2008 |
| Maximum | 8.23% | Mar 2012 |
| Average | 6.11% |
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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HBAN News
about 16 hours ago by woowtrading
May 08, 10:00AM Business Wire
May 02, 10:31AM Benzinga
May 02, 10:30AM Business Wire
about 28 days ago by ajb_2010
about 29 days ago by CallmeCrazy
about 33 days ago by tradewithpete
about 33 days ago by harmongreg
about 33 days ago by SunriseTrader
Apr 26, 10:37AM Business Wire
about 34 days ago by TheEquitiesRoom
Apr 25, 8:00AM Business Wire
about 35 days ago by SunriseTrader
about 39 days ago by gtlackey
about 39 days ago by gtlackey
about 39 days ago by luckyluck2
about 40 days ago by luckyluck2
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| HBAN | 6.64 | +0.18 | +2.79% | 5.593B |
| GWR | 51.44 | -0.22 | -0.43% | 2.194B |
| GVP | 2.29 | -0.07 | -2.97% | 43.33M |
| GVI | 111.69 | +0.12 | +0.11% | |
| GVA | 23.11 | +0.21 | +0.92% | 886.00M |
| GV | 1.51 | +0.03 | +2.03% | 37.67M |
| GUT | 8.01 | -0.02 | -0.25% | |
| GURE | 1.54 | -0.06 | -3.75% | 55.30M |
| GUR | 35.07 | +1.07 | +3.15% | |
| GULF | 14.57 | +0.00 | +0.00% |
