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VSB Bancorp (VSB Bancorp) Tangible Book per Share : $21.02 (As of Mar. 2020)


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What is VSB 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. VSB Bancorp's tangible book value per share for the quarter that ended in Mar. 2020 was $21.02.

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.


VSB Bancorp Tangible Book per Share Historical Data

The historical data trend for VSB 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.

VSB Bancorp Tangible Book per Share Chart

VSB Bancorp Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Tangible Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.01 16.72 17.80 19.13 20.81

VSB Bancorp Quarterly Data
Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20
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 19.56 20.09 20.60 20.81 21.02

Competitive Comparison of VSB Bancorp's Tangible Book per Share

For the Banks - Regional subindustry, VSB 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.


VSB Bancorp's Price-to-Tangible-Book Distribution in the Banks Industry

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

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



VSB Bancorp Tangible Book per Share Calculation

VSB Bancorp's Tangible Book Value Per Share for the fiscal year that ended in Dec. 2019 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(38.79-0-0)/1.86396
=20.81

VSB Bancorp's Tangible Book Value Per Share for the quarter that ended in Mar. 2020 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(39.236-0-0)/1.86702
=21.02

* 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.


VSB Bancorp  (OTCPK:VSBN) 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.


VSB Bancorp Tangible Book per Share Related Terms

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VSB Bancorp (VSB Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
4142 Hylan Boulevard, Staten Island, NY, USA, 10308
VSB Bancorp Inc is a United States based bank holding company for Victory State Bank. Through the bank, the company is engaged in the business of commercial banking and retail banking. It gathers deposits from individuals and businesses in Staten Island, New York and makes loans throughout that community. The bank also invests funds that are not used for lending primarily in government securities, mortgage backed securities and collateralized mortgage obligations. The bank's revenue are derived principally from interest on its commercial and investment securities portfolios.

VSB Bancorp (VSB Bancorp) Headlines

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