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Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero Tangible Book per Share : $0.35 (As of Dec. 2021)


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What is Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero Tangible Book per Share?

Tangible book value per share is calculated as the total tangible equity divided by Shares Outstanding (EOP). Total tangible equity is calculated as the Total Stockholders Equity minus Preferred Stock minus Intangible Assets. Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero's tangible book value per share for the quarter that ended in Dec. 2021 was $0.35.

Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will receive when the company liquidates.


Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero Tangible Book per Share Historical Data

The historical data trend for Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero's Tangible Book per Share 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.

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Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero Tangible Book per Share Chart

Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Tangible Book per Share
Get a 7-Day Free Trial Premium Member Only 4.24 5.09 0.33 0.35 0.23

Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Dec20 Dec21 Dec22
Tangible Book per Share 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 3.86 0.24 0.33 0.35 0.23

Competitive Comparison of Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero's Tangible Book per Share

For the Banks - Regional subindustry, Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.


Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero's Price-to-Tangible-Book Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero's Price-to-Tangible-Book falls into.



Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero Tangible Book per Share Calculation

Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero's Tangible Book Value Per Share for the fiscal year that ended in Dec. 2022 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(371.05-0-19.337)/1551.43
=0.23

Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero's Tangible Book Value Per Share for the quarter that ended in Dec. 2021 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(360.778-0-17.988)/969.975
=0.35

* 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.

Theoretically it is what the shareholders will receive if the company is liquidated. Total equity is a balance sheet item and equal to total assets less total liabilities of the company. Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will receive when the company liquidates.


Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero  (OTCPK:BNZIF) Tangible Book per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero Tangible Book per Share Related Terms

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Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero Business Description

Traded in Other Exchanges
N/A
Address
Boulevard Manuel Avila Camacho, Number 40, Piso 9, Lomas De Chapultepec, Mexico City, DF, MEX, 11000
Banco Invex SA Institucion De Banca Multiple-Invex Grupo Financiero is a Mexican financial institution which delivers specialized solutions. The company's business divisions are Private Banking, Business Banking, Cards, Trust, Infrastructure, and Leasing. The services provided by the company includes provision of banking and credit financial services, transactional and fiduciary services, granting of finance to corporate clients, large and medium-sized businesses through commercial loans, working capital credit lines, and other. It also offers various products such as the issuance of letters of credit, transactions with derivatives, financial counseling, and financial factoring operation.

Banco Invex Institucion De Banca Multiple-Invex Grupo Financiero Headlines

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