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SOUB (Southpoint Bancshares) Return-on-Tangible-Equity : -11.23% (As of Dec. 2024)


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What is Southpoint Bancshares 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. Southpoint Bancshares's annualized net income for the quarter that ended in Dec. 2024 was $-9.36 Mil. Southpoint Bancshares's average shareholder tangible equity for the quarter that ended in Dec. 2024 was $83.31 Mil. Therefore, Southpoint Bancshares's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2024 was -11.23%.

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

SOUB' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -11.23   Med: 15.56   Max: 20.52
Current: -11.23

During the past 8 years, Southpoint Bancshares's highest Return-on-Tangible-Equity was 20.52%. The lowest was -11.23%. And the median was 15.56%.

SOUB's Return-on-Tangible-Equity is ranked worse than
98.23% of 1583 companies
in the Banks industry
Industry Median: 10.3 vs SOUB: -11.23

Southpoint Bancshares Return-on-Tangible-Equity Historical Data

The historical data trend for Southpoint Bancshares'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.

Southpoint Bancshares Return-on-Tangible-Equity Chart

Southpoint Bancshares Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Equity
Get a 7-Day Free Trial 17.69 15.90 20.52 19.52 -11.23

Southpoint Bancshares Semi-Annual Data
Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Equity Get a 7-Day Free Trial 17.69 15.90 20.52 19.52 -11.23

Competitive Comparison of Southpoint Bancshares's Return-on-Tangible-Equity

For the Banks - Regional subindustry, Southpoint Bancshares'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.


Southpoint Bancshares's Return-on-Tangible-Equity Distribution in the Banks Industry

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

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


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Southpoint Bancshares Return-on-Tangible-Equity Calculation

Southpoint Bancshares'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 )
=-9.355/( (88.422+78.188 )/ 2 )
=-9.355/83.305
=-11.23 %

Southpoint Bancshares'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: Dec. 2023 )(Q: Dec. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2024 )  (Q: Dec. 2023 )(Q: Dec. 2024 )
=-9.355/( (88.422+78.188)/ 2 )
=-9.355/83.305
=-11.23 %

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


Southpoint Bancshares  (OTCPK:SOUB) 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.


Southpoint Bancshares Return-on-Tangible-Equity Related Terms

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


Southpoint Bancshares Business Description

Traded in Other Exchanges
N/A
Address
3501 Grandview Parkway, Birmingham, AL, USA, 35243
Southpoint Bancshares Inc operates in the domestic commercial banking industry. The Bank provides full-service banking to customers located in central Alabama. The Bank operates from its ten branch locations in central Alabama, and five loan production offices located throughout the State of Alabama. SPB Properties, LLC holds certain assets of the Bank and is a wholly owned subsidiary of the Bank.

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