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First Citizens Bancshares (TN) (First Citizens Bancshares (TN)) Tangible Book per Share : $266.40 (As of Dec. 2018)


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What is First Citizens Bancshares (TN) 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. First Citizens Bancshares (TN)'s tangible book value per share for the quarter that ended in Dec. 2018 was $266.40.

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.


First Citizens Bancshares (TN) Tangible Book per Share Historical Data

The historical data trend for First Citizens Bancshares (TN)'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.

* Premium members only.

First Citizens Bancshares (TN) Tangible Book per Share Chart

First Citizens Bancshares (TN) Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Tangible Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 612.72 240.01 252.95 258.98 266.40

First Citizens Bancshares (TN) Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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 258.98 262.52 263.22 268.82 266.40

Competitive Comparison of First Citizens Bancshares (TN)'s Tangible Book per Share

For the Banks - Regional subindustry, First Citizens Bancshares (TN)'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.


First Citizens Bancshares (TN)'s Price-to-Tangible-Book Distribution in the Banks Industry

For the Banks industry and Financial Services sector, First Citizens Bancshares (TN)'s Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where First Citizens Bancshares (TN)'s Price-to-Tangible-Book falls into.



First Citizens Bancshares (TN) Tangible Book per Share Calculation

First Citizens Bancshares (TN)'s Tangible Book Value Per Share for the fiscal year that ended in Dec. 2018 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(3488.954-0-308.645)/11.938
=266.40

First Citizens Bancshares (TN)'s Tangible Book Value Per Share for the quarter that ended in Dec. 2018 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(3488.954-0-308.645)/11.938
=266.40

* 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.


First Citizens Bancshares (TN)  (OTCPK:FIZN) 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.


First Citizens Bancshares (TN) Tangible Book per Share Related Terms

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First Citizens Bancshares (TN) (First Citizens Bancshares (TN)) Business Description

Traded in Other Exchanges
N/A
Address
4300 Six Forks Road, Raleigh, NC, USA, 27609
First Citizens Bancshares Inc (TN) is a financial holding company. The bank offers various services such as checking accounts, savings accounts, mobile and tablet banking, digital banking, loans, insurance and other banking services. The company operates its business in four segments, 1) General Banking which offers a full suite of deposit products, loans, cash management, wealth, payments and various other fee-based services., 2) Commercial Banking segment provides a range of lending, leasing, capital markets, asset management and other financial and advisory services to small and middle market companies, 3) Rail offers customized leasing and financing solutions on a fleet of railcars and locomotives to railroads and shippers throughout North America and 4) Corporate.

First Citizens Bancshares (TN) (First Citizens Bancshares (TN)) Headlines