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WCF Bancorp (WCF Bancorp) Return-on-Tangible-Asset : 0.17% (As of Dec. 2018)


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What is WCF Bancorp Return-on-Tangible-Asset?

Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. WCF Bancorp's annualized Net Income for the quarter that ended in Dec. 2018 was $0.23 Mil. WCF Bancorp's average total tangible assets for the quarter that ended in Dec. 2018 was $134.74 Mil. Therefore, WCF Bancorp's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2018 was 0.17%.

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

WCFB's Return-on-Tangible-Asset is not ranked *
in the Banks industry.
Industry Median: 0.9
* Ranked among companies with meaningful Return-on-Tangible-Asset only.

WCF Bancorp Return-on-Tangible-Asset Historical Data

The historical data trend for WCF Bancorp's Return-on-Tangible-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.

* Premium members only.

WCF Bancorp Return-on-Tangible-Asset Chart

WCF Bancorp Annual Data
Trend Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec15 Dec16 Dec17 Dec18
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.93 0.38 0.09 -0.09 0.17

WCF Bancorp Semi-Annual Data
Dec97 Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec15 Dec16 Dec17 Dec18
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.93 0.38 0.09 -0.09 0.17

Competitive Comparison of WCF Bancorp's Return-on-Tangible-Asset

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


WCF Bancorp's Return-on-Tangible-Asset Distribution in the Banks Industry

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

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



WCF Bancorp Return-on-Tangible-Asset Calculation

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

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2018 )  (A: Dec. 2017 )(A: Dec. 2018 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2018 )  (A: Dec. 2017 )(A: Dec. 2018 )
=0.226/( (132.166+137.309)/ 2 )
=0.226/134.7375
=0.17 %

WCF Bancorp's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2018 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Dec. 2018 )  (Q: Dec. 2017 )(Q: Dec. 2018 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Dec. 2018 )  (Q: Dec. 2017 )(Q: Dec. 2018 )
=0.226/( (132.166+137.309)/ 2 )
=0.226/134.7375
=0.17 %

* 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-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is one times the annual (Dec. 2018) net income data.


WCF Bancorp  (OTCPK:WCFB) Return-on-Tangible-Asset Explanation

Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.


Be Aware

Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the company’s earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a company’s tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.


WCF Bancorp Return-on-Tangible-Asset Related Terms

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


WCF Bancorp (WCF Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
401 Fair Meadow Drive, P.O. Box 638, Webster City, IA, USA, 50595
WCF Bancorp Inc is a bank holding company. It is engaged in the ownership and operation of banks. The business activities of the bank involve accepting deposits from the general public and investing those deposits, together with funds generated from operations and borrowings, in real estate loans secured by one-to-four family residences. The bank also originates consumer loans and non-owner occupied one-to-four family residential real estate loans. Its primary sources of funds are deposits, principal and interest payments on loans and securities and advances. It derives revenue principally from the interest on loans and securities, and from loan origination and servicing fees.
Executives
Michelle Zahn officer: Chief Financial Officer 401 FAIR MEADOW DRIVE, WEBSTER CITY IA 50595
Bradley Mickelson director 401 FAIR MEADOW DRIVE, WEBSTER CITY IA 50595
Paul L Moen officer: Chief Financial Officer 401 FAIR MEADOW DRIVE, WEBSTER CITY IA 50595
Michael R Segner director, officer: President and CEO 401 FAIR MEADOW DRIVE, WEBSTER CITY IA 50595
Thomas J Hromatka director C/O NORTH CENTRAL BANCSHARES INC, 825 CENTRAL AVENUE, FORT DODGE IA 50501
Kevin Eason officer: EVP and CCO 401 FAIR MEADOW DRIVE, WEBSTER CITY IA 50595
C Thomas Chalstrom director C/O NORTH CENTRAL BANCSHARES INC, 825 CENTRAL AVE PO BOX 1237, FORT DODGE IA 50501
Kyle R Swon director, officer: SVP 220 DES MOINES ST, PO BOX 638, WEBSTER CITY IA 50595
Stephen L Mourlam director, officer: President and CEO 220 DES MOINES ST, PO BOX 638, WEBSTER CITY IA 50595
Leo Moriarity director 401 FAIR MEADOW DRIVE, WEBSTER CITY IA 50595
Harold J Pursley director, other: Chairman 401 FAIR MEADOW DRIVE, WEBSTER CITY IA 50595
Kasie L Doering officer: CFO 401 FAIR MEADOW DRIVE, WEBSTER CITY IA 50595

WCF Bancorp (WCF Bancorp) Headlines

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