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WCF Bancorp (WCF Bancorp) Return-on-Tangible-Equity : 0.81% (As of Dec. 2018)


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What is WCF 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. WCF Bancorp's annualized net income for the quarter that ended in Dec. 2018 was $0.23 Mil. WCF Bancorp's average shareholder tangible equity for the quarter that ended in Dec. 2018 was $28.05 Mil. Therefore, WCF Bancorp's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2018 was 0.81%.

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

WCFB'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.

WCF Bancorp Return-on-Tangible-Equity Historical Data

The historical data trend for WCF 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.

WCF Bancorp Return-on-Tangible-Equity Chart

WCF Bancorp Annual Data
Trend Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec15 Dec16 Dec17 Dec18
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.64 2.38 0.50 -0.41 0.81

WCF Bancorp Semi-Annual Data
Dec97 Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec15 Dec16 Dec17 Dec18
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 4.64 2.38 0.50 -0.41 0.81

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

For the Banks - Regional subindustry, WCF 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.


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

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

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



WCF Bancorp Return-on-Tangible-Equity Calculation

WCF 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 )
=0.226/( (28.375+27.716 )/ 2 )
=0.226/28.0455
=0.81 %

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

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2018 )  (Q: Dec. 2017 )(Q: Dec. 2018 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2018 )  (Q: Dec. 2017 )(Q: Dec. 2018 )
=0.226/( (28.375+27.716)/ 2 )
=0.226/28.0455
=0.81 %

* 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. 2018) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


WCF Bancorp  (OTCPK:WCFB) 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.


WCF Bancorp Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of WCF Bancorp's Return-on-Tangible-Equity 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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