Seacoast Banking Corporation of Florida (SBCF)
Seacoast Banking Corporation of Florida Tangible Common Equity Ratio: 5.58%
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SBCF Tangible Common Equity Ratio Rankings
| Overall | 82nd percentile | 780 of 4390 |
| Sector | 86th percentile | 120 of 871 in Financial |
| Industry | 81st percentile | 12 of 64 in Regional - Mid-Atlantic Banks |
SBCF Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | 4.66% | Jun 2009 |
| Maximum | 7.26% | Jun 2007 |
| Average | 5.89% |
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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SBCF News
about 15 days ago by RecogniaEvents
Apr 12, 7:52AM Street Insider
about 50 days ago by MarketBrief
Apr 05, 3:57PM PR Newswire
about 127 days ago by redstormstocks
Nov 22, 2:25PM PR Newswire
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| SBCF | 1.51 | +0.04 | +2.72% | 139.22M |
| SBBX | 5.11 | +0.45 | +9.66% | 17.22M |
| SB | 6.50 | +0.11 | +1.72% | 485.00M |
| RL | 148.75 | +0.06 | +0.04% | 13.73B |
| RKT | 51.58 | +0.12 | +0.23% | 3.633B |
| RJF | 34.19 | +0.33 | +0.97% | 4.608B |
| RJET | 5.43 | +0.25 | +4.83% | 250.87M |
| RITT | 3.02 | +0.16 | +5.59% | 13.07M |
| RIT | 10.11 | +0.03 | +0.30% | |
| RIO | 43.22 | -0.41 | -0.94% | 63.41B |
