Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Sun Bancorp's Total Stockholders Equity for the quarter that ended in Sep. 2017 was $328.60 Mil. Sun Bancorp's Total Assets for the quarter that ended in Sep. 2017 was $2,167.67 Mil.
Therefore, Sun Bancorp's Equity to Asset Ratio for the quarter that ended in Sep. 2017 was 0.15.
The historical rank and industry rank for Sun Bancorp's Equity-to-Asset or its related term are showing as below:
SNBC's Equity-to-Asset is not ranked *
in the Banks industry.
Industry Median: 0.09 * Ranked among companies with meaningful Equity-to-Asset only.
Sun Bancorp Equity-to-Asset Historical Data
The historical data trend for Sun Bancorp's Equity-to-Asset 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.
Competitive Comparison of Sun Bancorp's Equity-to-Asset
For the Banks - Regional subindustry, Sun Bancorp's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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.
Sun Bancorp's Equity-to-Asset Distribution in the Banks Industry
For the Banks industry and Financial Services sector, Sun Bancorp's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Sun Bancorp's Equity-to-Asset falls into.
Sun Bancorp Equity-to-Asset Calculation
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
Sun Bancorp's Equity to Asset Ratio for the fiscal year that ended in Dec. 2016 is calculated as
* 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.
Sun Bancorp (NAS:SNBC) Equity-to-Asset Explanation
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Sun Bancorp Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Sun Bancorp's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Sun Bancorp Inc is a holding company of its principal subsidiary, Bank of the United States. Through its subsidiary, it provides community banking services to consumers, small businesses and mid-size companies. Its deposit services include savings accounts, business checking and money market accounts, certificates of deposit, and cash management solutions such as online banking, electronic bill payment and wire transfer services, lockbox services, remote deposit and controlled disbursement services. The company also provides lending services to businesses include term loans, lines of credit and commercial mortgages. Additionally, it also provides home equity term loans, home equity lines of credit and installment loans. The majority of the company's revenue comes from interest income.
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