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Midsouth Bancorp (Midsouth Bancorp) Return-on-Tangible-Equity : -6.56% (As of Jun. 2019)


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What is Midsouth 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. Midsouth Bancorp's annualized net income for the quarter that ended in Jun. 2019 was $-11.61 Mil. Midsouth Bancorp's average shareholder tangible equity for the quarter that ended in Jun. 2019 was $176.91 Mil. Therefore, Midsouth Bancorp's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2019 was -6.56%.

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

MSL's Return-on-Tangible-Equity is not ranked *
in the Banks industry.
Industry Median: 10.97
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Midsouth Bancorp Return-on-Tangible-Equity Historical Data

The historical data trend for Midsouth 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.

Midsouth Bancorp Return-on-Tangible-Equity Chart

Midsouth Bancorp Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.71 6.77 5.67 -6.26 -14.27

Midsouth Bancorp Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
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 -1.31 -9.79 -47.72 -13.17 -6.56

Competitive Comparison of Midsouth Bancorp's Return-on-Tangible-Equity

For the Banks - Regional subindustry, Midsouth 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.


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

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

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



Midsouth Bancorp Return-on-Tangible-Equity Calculation

Midsouth Bancorp's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2018 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2018 )  (A: Dec. 2017 )(A: Dec. 2018 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2018 )  (A: Dec. 2017 )(A: Dec. 2018 )
=-27.516/( (208.3+177.381 )/ 2 )
=-27.516/192.8405
=-14.27 %

Midsouth Bancorp's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2019 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2019 )  (Q: Mar. 2019 )(Q: Jun. 2019 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2019 )  (Q: Mar. 2019 )(Q: Jun. 2019 )
=-11.612/( (176.863+176.966)/ 2 )
=-11.612/176.9145
=-6.56 %

* 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 (Jun. 2019) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Midsouth Bancorp  (NYSE:MSL) 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.


Midsouth Bancorp Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of Midsouth Bancorp's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Midsouth Bancorp (Midsouth Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
102 Versailles Boulevard, Lafayette, LA, USA, 70501
Midsouth Bancorp Inc is a financial holding company based in the United States. The company primarily operates through its wholly owned subsidiary and is engaged in the community banking business by providing banking services to commercial and retail customers. It focuses on providing commercial and consumer loan and deposit services to individuals and small to middle market businesses across America. Deposit products and services offered by the firm include interest-bearing and noninterest-bearing checking accounts, investment accounts, cash management services, and electronic banking services, including remote deposit capturing services, internet banking, and debit and credit cards.
Executives
D Michael Kramer director, other: Vice Chairman of the Board P O BOX 868, EVANSVILLE IN 47705-0868
John Arthur Davis officer: Chief Operating Officer 102 VERSAILLES BLVD, LAFAYETTE LA 70501
Keith Avant officer: Chief Credit Officer 102 VERSAILLES BLVD, LAFAYETTE LA 70501
Kade G Peterson officer: SEVP & Chief Operating Officer 102 VERSAILLES BLVD, LAFAYETTE LA 70501
A Dwight Utz officer: Senior VP of subsidiary POST OFFICE BOX 3745, LAFAYETTE LA 70502

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