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Hamlin Bank and Trust Co (Hamlin Bank and Trust Co) Tangible Book per Share : $169.44 (As of Sep. 2007)


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What is Hamlin Bank and Trust Co 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. Hamlin Bank and Trust Co's tangible book value per share for the quarter that ended in Sep. 2007 was $169.44.

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.


Hamlin Bank and Trust Co Tangible Book per Share Historical Data

The historical data trend for Hamlin Bank and Trust Co'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.

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Hamlin Bank and Trust Co Tangible Book per Share Chart

Hamlin Bank and Trust Co Annual Data
Trend Dec02 Dec03 Dec04 Dec05 Dec06
Tangible Book per Share
146.27 170.23 181.75 176.99 185.47

Hamlin Bank and Trust Co Quarterly Data
Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07
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 185.82 185.47 183.66 176.21 169.44

Competitive Comparison of Hamlin Bank and Trust Co's Tangible Book per Share

For the Banks - Regional subindustry, Hamlin Bank and Trust Co'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.


Hamlin Bank and Trust Co's Price-to-Tangible-Book Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Hamlin Bank and Trust Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Hamlin Bank and Trust Co's Price-to-Tangible-Book falls into.



Hamlin Bank and Trust Co Tangible Book per Share Calculation

Hamlin Bank and Trust Co's Tangible Book Value Per Share for the fiscal year that ended in Dec. 2006 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(73.751-0-0)/0.39764
=185.47

Hamlin Bank and Trust Co's Tangible Book Value Per Share for the quarter that ended in Sep. 2007 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(70.148-0-0)/0.414
=169.44

* 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.


Hamlin Bank and Trust Co  (OTCPK:HMLN) 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.


Hamlin Bank and Trust Co Tangible Book per Share Related Terms

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Hamlin Bank and Trust Co (Hamlin Bank and Trust Co) Business Description

Traded in Other Exchanges
N/A
Address
333 West Main Street, PO Box 367, Smethport, PA, USA, 16749
Hamlin Bank and Trust Co are a United States-based state charted commercial bank. It offers a variety of financial and trust services. The company provides services such as personal banking services, business banking services, trust services, and other banking services. Its services include estate settlement, investment management, custodial services, savings facility, certificate of deposit, loan products, among others.

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