First Financial Corporation Indiana (THFF)
First Financial Corporation Indiana Tangible Common Equity Ratio: 10.87%
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THFF Tangible Common Equity Ratio Rankings
| Overall | 73rd percentile | 1157 of 4388 |
| Sector | 52nd percentile | 410 of 871 in Financial |
| Industry | 9th percentile | 37 of 41 in Regional - Midwest Banks |
THFF Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | 10.47% | Dec 2011 |
| Maximum | 13.84% | Sep 2011 |
| Average | 12.21% |
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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THFF News
about 74 days ago by MarketBrief
Nov 16, 12:01PM Street Insider
about 376 days ago by DynamicDividend
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| THFF | 27.09 | -0.96 | -3.42% | 371.38M |
| THD | 63.95 | -2.40 | -3.62% | |
| TGT | 57.22 | -0.69 | -1.19% | 38.71B |
| TGS | 2.12 | +0.02 | +0.95% | 333.69M |
| TEF | 11.17 | +0.10 | +0.90% | 51.85B |
| TECH | 66.42 | -1.44 | -2.12% | 2.501B |
| TECD | 47.17 | -0.44 | -0.92% | 1.966B |
| TEAR | 3.02 | -0.22 | -6.79% | 66.16M |
| TEA | 13.04 | -0.24 | -1.81% | 508.76M |
| TE | 17.19 | -0.21 | -1.21% | 3.755B |
