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CRSB (Cornerstone Community Bancorp) Return-on-Tangible-Equity : 17.33% (As of Dec. 2024)


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What is Cornerstone Community 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. Cornerstone Community Bancorp's annualized net income for the quarter that ended in Dec. 2024 was $7.24 Mil. Cornerstone Community Bancorp's average shareholder tangible equity for the quarter that ended in Dec. 2024 was $41.76 Mil. Therefore, Cornerstone Community Bancorp's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2024 was 17.33%.

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

CRSB' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -1.83   Med: 14.19   Max: 23.59
Current: -1.81

During the past 12 years, Cornerstone Community Bancorp's highest Return-on-Tangible-Equity was 23.59%. The lowest was -1.83%. And the median was 14.19%.

CRSB's Return-on-Tangible-Equity is ranked worse than
95.3% of 1573 companies
in the Banks industry
Industry Median: 10.42 vs CRSB: -1.81

Cornerstone Community Bancorp Return-on-Tangible-Equity Historical Data

The historical data trend for Cornerstone Community 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.

Cornerstone Community Bancorp Return-on-Tangible-Equity Chart

Cornerstone Community Bancorp Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.55 23.59 20.61 19.29 -1.83

Cornerstone Community Bancorp Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 18.53 12.71 12.78 -50.12 17.33

Competitive Comparison of Cornerstone Community Bancorp's Return-on-Tangible-Equity

For the Banks - Regional subindustry, Cornerstone Community 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.


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

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

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


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Cornerstone Community Bancorp Return-on-Tangible-Equity Calculation

Cornerstone Community Bancorp's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=-0.785/( (43.167+42.586 )/ 2 )
=-0.785/42.8765
=-1.83 %

Cornerstone Community Bancorp's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2024 )  (Q: Sep. 2024 )(Q: Dec. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2024 )  (Q: Sep. 2024 )(Q: Dec. 2024 )
=7.236/( (40.93+42.586)/ 2 )
=7.236/41.758
=17.33 %

* 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. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Cornerstone Community Bancorp  (OTCPK:CRSB) 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.


Cornerstone Community Bancorp Return-on-Tangible-Equity Related Terms

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Cornerstone Community Bancorp Business Description

Traded in Other Exchanges
N/A
Address
192 Hartnell Avenue, Redding, CA, USA, 96002
Cornerstone Community Bancorp is a community-oriented, locally-owned, and managed bank. The Company provides commercial, industrial, agricultural and personal credit and other banking services in Shasta and Tehama Counties and surrounding areas through its branch offices located in Red Bluff, Redding and Anderson, California.

Cornerstone Community Bancorp Headlines