GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » First South Bancorp Inc. (NAS:FSBK) » Definitions » Tangible Book per Share

First South Bancorp (First South Bancorp) Tangible Book per Share : $9.13 (As of Sep. 2017)


View and export this data going back to 1997. Start your Free Trial

What is First South Bancorp 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 South Bancorp's tangible book value per share for the quarter that ended in Sep. 2017 was $9.13.

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 South Bancorp Tangible Book per Share Historical Data

The historical data trend for First South Bancorp'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 South Bancorp Tangible Book per Share Chart

First South Bancorp Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Tangible Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.09 7.19 7.55 7.88 8.34

First South Bancorp Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
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 8.46 8.34 8.57 8.85 9.13

Competitive Comparison of First South Bancorp's Tangible Book per Share

For the Banks - Regional subindustry, First South Bancorp'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 South Bancorp's Price-to-Tangible-Book Distribution in the Banks Industry

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

* The bar in red indicates where First South Bancorp's Price-to-Tangible-Book falls into.



First South Bancorp Tangible Book per Share Calculation

First South Bancorp's Tangible Book Value Per Share for the fiscal year that ended in Dec. 2016 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(87.184-0-7.979)/9.49494
=8.34

First South Bancorp's Tangible Book Value Per Share for the quarter that ended in Sep. 2017 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(94.608-0-7.819)/9.50499
=9.13

* 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 South Bancorp  (NAS:FSBK) 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 South Bancorp Tangible Book per Share Related Terms

Thank you for viewing the detailed overview of First South Bancorp's Tangible Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


First South Bancorp (First South Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
First South Bancorp Inc is a bank holding company. The bank has one significant operating segment, Commercial Banking Services. The bank provides both personal and business online banking services. The bank's principal business consists of attracting deposits from the general public and investing these funds in commercial real estate loans, commercial and industrial business loans, equipment leases, consumer loans and loans secured by first and second mortgages on owner-occupied, single-family residences in its market area.
Executives
William L Wall officer: Secretary 1131 CAROLINA AVE, WASHINGTON NC 27889

First South Bancorp (First South Bancorp) Headlines