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City Bank (City Bank) Tangible Book per Share : $7.00 (As of Jun. 2009)


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What is City Bank Tangible Book per Share?

Tangible book value per share is calculated as the total tangible equity divided by Shares Outstanding (EOP). Total tangible equity is calculated as the Total Stockholders Equity minus Preferred Stock minus Intangible Assets. City Bank's tangible book value per share for the quarter that ended in Jun. 2009 was $7.00.

Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will receive when the company liquidates.


City Bank Tangible Book per Share Historical Data

The historical data trend for City Bank's Tangible Book per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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City Bank Tangible Book per Share Chart

City Bank Annual Data
Trend Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08
Tangible Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.80 11.30 12.26 13.31 8.95

City Bank Quarterly Data
Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09
Tangible Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.96 13.12 8.95 8.45 7.00

Competitive Comparison of City Bank's Tangible Book per Share

For the Banks - Regional subindustry, City Bank's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


City Bank's Price-to-Tangible-Book Distribution in the Banks Industry

For the Banks industry and Financial Services sector, City Bank's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where City Bank's Price-to-Tangible-Book falls into.



City Bank Tangible Book per Share Calculation

City Bank's Tangible Book Value Per Share for the fiscal year that ended in Dec. 2008 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(141.157-0-0)/15.7639
=8.95

City Bank's Tangible Book Value Per Share for the quarter that ended in Jun. 2009 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(110.303-0-0)/15.7639
=7.00

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Theoretically it is what the shareholders will receive if the company is liquidated. Total equity is a balance sheet item and equal to total assets less total liabilities of the company. Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will receive when the company liquidates.


City Bank  (OTCPK:CTBK) Tangible Book per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


City Bank Tangible Book per Share Related Terms

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City Bank (City Bank) Business Description

Traded in Other Exchanges
N/A
Address
5219 City Bank Parkway, Lubbock, TX, USA, 79407
City Bank is engaged in general commercial and retail banking, with an emphasis on small and medium-sized businesses, construction lending for single-family residences and home mortgage lending.

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