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First Bancorp of Indiana (First Bancorp of Indiana) Tangible Book per Share : $15.56 (As of Jun. 2022)


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What is First Bancorp of Indiana 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. First Bancorp of Indiana's tangible book value per share for the quarter that ended in Jun. 2022 was $15.56.

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.


First Bancorp of Indiana Tangible Book per Share Historical Data

The historical data trend for First Bancorp of Indiana'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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First Bancorp of Indiana Tangible Book per Share Chart

First Bancorp of Indiana Annual Data
Trend Jun00 Jun01 Jun02 Jun03 Jun04 Jun05 Jun06 Jun07 Jun22 Jun23
Tangible Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.44 16.93 14.79 15.56 15.42

First Bancorp of Indiana Quarterly Data
Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun22 Jun23
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 14.72 14.98 15.04 15.56 15.42

Competitive Comparison of First Bancorp of Indiana's Tangible Book per Share

For the Banks - Regional subindustry, First Bancorp of Indiana'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.


First Bancorp of Indiana's Price-to-Tangible-Book Distribution in the Banks Industry

For the Banks industry and Financial Services sector, First Bancorp of Indiana's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where First Bancorp of Indiana's Price-to-Tangible-Book falls into.



First Bancorp of Indiana Tangible Book per Share Calculation

First Bancorp of Indiana's Tangible Book Value Per Share for the fiscal year that ended in Jun. 2023 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(32.012-0-6.229)/1.672
=15.42

First Bancorp of Indiana's Tangible Book Value Per Share for the quarter that ended in Jun. 2022 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(32.588-0-6.229)/1.694
=15.56

* 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.

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.


First Bancorp of Indiana  (OTCPK:FBPI) 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.


First Bancorp of Indiana Tangible Book per Share Related Terms

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First Bancorp of Indiana (First Bancorp of Indiana) Business Description

Traded in Other Exchanges
N/A
Address
5001 Davis Lant Drive, Evansville, IN, USA, 47715
First Bancorp of Indiana Inc is a banking company. It provides full banking services and generates commercial, mortgage, and consumer loans, and receives deposits from customers. The company accepts various deposit products, including checking, money market, savings, health savings, and individual retirement accounts (IRA); certificates of deposit; and commercial checking, community first checking, and small business checking accounts.

First Bancorp of Indiana (First Bancorp of Indiana) Headlines