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Liberty Bancorp (Liberty Bancorp) Return-on-Tangible-Equity : 9.56% (As of Dec. 2009)


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What is Liberty 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. Liberty Bancorp's annualized net income for the quarter that ended in Dec. 2009 was $4.02 Mil. Liberty Bancorp's average shareholder tangible equity for the quarter that ended in Dec. 2009 was $42.05 Mil. Therefore, Liberty Bancorp's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2009 was 9.56%.

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

LBCP's Return-on-Tangible-Equity is not ranked *
in the Banks industry.
Industry Median: 10.7
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Liberty Bancorp Return-on-Tangible-Equity Historical Data

The historical data trend for Liberty 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.

Liberty Bancorp Return-on-Tangible-Equity Chart

Liberty Bancorp Annual Data
Trend Sep01 Sep02 Sep04 Sep05 Sep06 Sep07 Sep08 Sep09
Return-on-Tangible-Equity
Get a 7-Day Free Trial 7.29 4.17 3.92 4.08 4.14

Liberty Bancorp Quarterly Data
Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09
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 5.68 3.61 4.55 3.14 9.56

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

For the Banks - Regional subindustry, Liberty 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.


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

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

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



Liberty Bancorp Return-on-Tangible-Equity Calculation

Liberty Bancorp's annualized Return-on-Tangible-Equity for the fiscal year that ended in Sep. 2009 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Sep. 2009 )  (A: Sep. 2008 )(A: Sep. 2009 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Sep. 2009 )  (A: Sep. 2008 )(A: Sep. 2009 )
=1.776/( (44.009+41.728 )/ 2 )
=1.776/42.8685
=4.14 %

Liberty Bancorp's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2009 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2009 )  (Q: Sep. 2009 )(Q: Dec. 2009 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2009 )  (Q: Sep. 2009 )(Q: Dec. 2009 )
=4.02/( (41.728+42.366)/ 2 )
=4.02/42.047
=9.56 %

* 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 (Dec. 2009) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Liberty Bancorp  (OTCPK:LBCP) 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.


Liberty Bancorp Return-on-Tangible-Equity Related Terms

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


Liberty Bancorp (Liberty Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
16 West Franklin Street, Liberty, MO, USA, 64068
Liberty Bancorp, Inc. is a holding company for BankLiberty, which provides financial services to consumers and businesses within its market area.
Executives
Mark E Hecker officer: Sr. VP & Chief Lending Officer 16 WEST FRANKLIN STREET, LIBERTY MO 64068

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