Southern Connecticut Bancorp (SSE)

1.56 +0.04  +2.63%  May 31, 8:00PM Go Pro
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Southern Connecticut Bancorp Tangible Common Equity Ratio: 8.60%

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SSE Tangible Common Equity Ratio Rankings

Overall 77th percentile 1002 of 4390
Sector 66th percentile 288 of 872 in Financial
Industry 32nd percentile 45 of 67 in Regional - Northeast Banks

SSE Tangible Common Equity Ratio Range, Past 5 Years

Minimum 7.91% Dec 2011
Maximum 17.90% Mar 2008
Average 12.35%

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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SSE News

$SSE filed latest Quarterly Report http://stks.co/3pxB
about 17 days ago by MarketBrief
$SSE amended latest Annual Report http://stks.co/3c5J
about 30 days ago by MarketBrief
$SSE filed latest Annual Report http://stks.co/39ua
about 63 days ago by MarketBrief
$SSE http://stks.co/1NS9 Chinese bank action helped US markets but not the Shanghai as it was slightly lower for the week.
about 180 days ago by StockTiger
Barclays, HSBC boost London market
Dec 02, 12:18PM MarketWatch
$SSE filed latest Quarterly Report http://stks.co/17DN
about 200 days ago by MarketBrief
$SSE http://chart.ly/o484g3k back near 2950 supp w/ SMA's below, resist at 2965 then 3050
about 429 days ago by harmongreg
$SSEC not $SSE China is coming back from their holiday and will play catch-up. Ride the tiger!
about 483 days ago by argent7
$SSE may be up big on Monday. I wouldn't want to be short over the weekend. Play the $SSE comeback trade.
about 483 days ago by argent7
Is Wall Street chasing China's stock market? http://bit.ly/dhfWER $SSE
about 583 days ago by tracked
Another small cap deal, $SSE, looks pretty precarious too (too many hoops people to jump through for that particular deal).
about 639 days ago by MergerArbitrage
$HSI -0.59% this trading session, $SSE -1.18%. All in all; it seems as if China is in serious troubles.
about 702 days ago by CheekyBastardZH
Not a bad day $240 on the $SSE short in my one account. On paper + 355 in the main account. That happens when all my tiny ones close on ask
about 828 days ago by Detroitblues
Use this account mainly for paying my bills. Had to use for this trade because had to call in on other account to trade $SSE, just hate that
about 829 days ago by Detroitblues
$SSE covered 500 shares at 6.16 $250 profit . This trade was in my other account with very small balance which I almost never trade.
about 829 days ago by Detroitblues
I am short 500 $SSE at 6.70 Buyout at 7.25 to close sometime in the 3rd quarter with some contingencies involved not much upside considering
about 829 days ago by Detroitblues
Stocks reversing? $DJI, $SPX, $NIKKEI 225, $SSE Composite, $BSE Sensex , $RTSI, $DJ EUROSTOXX 50, $VIX http://ow.ly/15lNO #mkt #stocks
about 843 days ago by IsoBourse
Stocks reversing? $DJI, $SPX, $NIKKEI 225, $SSE Composite, $BSE Sensex , $RTSI, $DJ EUROSTOXX 50, $VIX http://ow.ly/14xgq #mkt #stocks
about 845 days ago by IsoBourse
Stocks reversing? $DJI, $SPX, $NIKKEI 225, $SSE Composite, $BSE Sensex , $RTSI, $DJ EUROSTOXX 50, $VIX http://ow.ly/14xfW #mkt #stocks
about 846 days ago by IsoBourse
$SSE Composite - Shanghai Stock Exchange validated a weekly sell signal. Video of a possible reversal http://ow.ly/11I8H #stocks #china #mkt
about 853 days ago by IsoBourse
$SSE Composite - Shanghai Stock Exchange validated a weekly sell signal. Video of a possible reversal http://ow.ly/11I8x #stocks #china #mkt
about 854 days ago by IsoBourse
$SSE Composite - Shanghai Stock Exchange validated a weekly sell signal. Video of a possible reversal http://ow.ly/ZUCi #stocks #china #mkt
about 858 days ago by IsoBourse
$SSE Composite - Shanghai Stock Exchange validated a weekly sell signal. Video of a possible reversal http://ow.ly/ZrUl #stocks #china #mkt
about 859 days ago by IsoBourse
$SSE Composite - Shanghai Stock Exchange validated a weekly sell signal. Video of a possible reversal http://ow.ly/ZrTR #stocks #china #mkt
about 860 days ago by IsoBourse
$SSE Composite - Shanghai Stock Exchange validated a weekly sell signal. Video of a possible reversal http://ow.ly/ZrSm #stocks #china #mkt
about 861 days ago by IsoBourse

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