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First Niles Financial (First Niles Financial) Book Value per Share : $18.20 (As of Jun. 2018)


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What is First Niles Financial Book Value per Share?

First Niles Financial's book value per share for the quarter that ended in Jun. 2018 was $18.20.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

First Niles Financial's current price is $9.50. Its book value per share for the quarter that ended in Jun. 2018 was $18.20. Hence, today's PB Ratio of First Niles Financial is 0.87.


First Niles Financial Book Value per Share Historical Data

The historical data trend for First Niles Financial's Book Value 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 Niles Financial Book Value per Share Chart

First Niles Financial Annual Data
Trend Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec13 Dec14 Dec15
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.85 11.84 9.28 10.74 10.88

First Niles Financial Semi-Annual Data
Jun99 Dec99 Jun00 Dec00 Jun01 Dec01 Jun02 Dec02 Jun03 Dec03 Jun04 Dec04 Jun05 Dec05 Jun06 Dec13 Dec14 Dec15 Jun17 Jun18
Book Value 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 9.28 10.74 10.88 - 18.20

Competitive Comparison of First Niles Financial's Book Value per Share

For the Banks - Regional subindustry, First Niles Financial's PB Ratio, along with its competitors' market caps and PB Ratio 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 Niles Financial's PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, First Niles Financial's PB Ratio distribution charts can be found below:

* The bar in red indicates where First Niles Financial's PB Ratio falls into.



First Niles Financial Book Value per Share Calculation

First Niles Financial's Book Value Per Share for the fiscal year that ended in Dec. 2015 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(12.11-0.00)/1.11
=10.88

First Niles Financial's Book Value Per Share for the quarter that ended in Jun. 2018 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(20.02-0.00)/1.10
=18.20

* 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 Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.


First Niles Financial  (OTCPK:FNFI) Book Value 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 Niles Financial Book Value per Share Related Terms

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First Niles Financial (First Niles Financial) Business Description

Traded in Other Exchanges
N/A
Address
55 North Main Street, P.O. Box 311, Niles, OH, USA, 44446-0311
First Niles Financial Inc is a unitary, non-diversified holding company. It conducts a general banking business in Niles, Ohio, which consists of attracting deposits from the general public and applying those funds to the origination of loans for residential, commercial, and consumer purposes. The primary sources of revenue for the company are from interest and dividend income on loans and securities along with noninterest revenue resulting from investment security gains, loan servicing, gains on the sale of loans, commitment fees, fees from financial guarantees, certain credit cards fees, and income on bank-owned life insurance.

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