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Great American Bancorp (Great American Bancorp) Return-on-Tangible-Equity : 4.88% (As of Dec. 2007)


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What is Great American Bancorp Return-on-Tangible-Equity?

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Great American Bancorp's annualized net income for the quarter that ended in Dec. 2007 was $0.79 Mil. Great American Bancorp's average shareholder tangible equity for the quarter that ended in Dec. 2007 was $16.22 Mil. Therefore, Great American Bancorp's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2007 was 4.88%.

The historical rank and industry rank for Great American Bancorp's Return-on-Tangible-Equity or its related term are showing as below:

GTPS's Return-on-Tangible-Equity is not ranked *
in the Banks industry.
Industry Median: 10.76
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Great American Bancorp Return-on-Tangible-Equity Historical Data

The historical data trend for Great American Bancorp's Return-on-Tangible-Equity 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.

Great American Bancorp Return-on-Tangible-Equity Chart

Great American Bancorp Annual Data
Trend Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.04 8.37 12.72 9.01 7.06

Great American Bancorp Quarterly Data
Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07
Return-on-Tangible-Equity 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 8.66 9.43 6.25 7.16 4.88

Competitive Comparison of Great American Bancorp's Return-on-Tangible-Equity

For the Banks - Regional subindustry, Great American Bancorp's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.


Great American Bancorp's Return-on-Tangible-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Great American Bancorp's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Great American Bancorp's Return-on-Tangible-Equity falls into.



Great American Bancorp Return-on-Tangible-Equity Calculation

Great American Bancorp's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2007 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2007 )  (A: Dec. 2006 )(A: Dec. 2007 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2007 )  (A: Dec. 2006 )(A: Dec. 2007 )
=1.158/( (17.008+15.775 )/ 2 )
=1.158/16.3915
=7.06 %

Great American Bancorp's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2007 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2007 )  (Q: Sep. 2007 )(Q: Dec. 2007 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2007 )  (Q: Sep. 2007 )(Q: Dec. 2007 )
=0.792/( (16.666+15.775)/ 2 )
=0.792/16.2205
=4.88 %

* 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.

In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Dec. 2007) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Great American Bancorp  (OTCPK:GTPS) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


Great American Bancorp Return-on-Tangible-Equity Related Terms

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Great American Bancorp (Great American Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
1311 South Neil Street, Champaign, IL, USA, 61820
Great American Bancorp Inc is a holding company whose principal activity is the ownership and management of its wholly-owned subsidiary, First Federal Savings Bank of Champaign-Urbana (Bank). The Bank is engaged in providing a full range of banking and financial services to individual and corporate customers in Champaign County, Illinois. The Bank also provides full-service brokerage activities through a third-party broker-dealer and engages in the sale of tax-deferred annuities. The Bank's subsidiary offers insurance services to customers located primarily in Illinois.

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