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The South Financial Group (The South Financial Group) Tangible Book per Share : $0.00 (As of Jun. 2010)


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What is The South Financial Group 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. The South Financial Group's tangible book value per share for the quarter that ended in Jun. 2010 was $0.00.

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.


The South Financial Group Tangible Book per Share Historical Data

The historical data trend for The South Financial Group'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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The South Financial Group Tangible Book per Share Chart

The South Financial Group Annual Data
Trend Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09
Tangible Book per Share
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The South Financial Group Quarterly Data
Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10
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Competitive Comparison of The South Financial Group's Tangible Book per Share

For the Banks - Regional subindustry, The South Financial Group'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.


The South Financial Group's Price-to-Tangible-Book Distribution in the Banks Industry

For the Banks industry and Financial Services sector, The South Financial Group's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where The South Financial Group's Price-to-Tangible-Book falls into.



The South Financial Group Tangible Book per Share Calculation

The South Financial Group's Tangible Book Value Per Share for the fiscal year that ended in Dec. 2009 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(993.174-335.783-229.825)/0
=

The South Financial Group's Tangible Book Value Per Share for the quarter that ended in Jun. 2010 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(616.821-332.943-13.69)/0
=

* 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.


The South Financial Group  (OTCPK:TSFGM.PFD) 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.


The South Financial Group Tangible Book per Share Related Terms

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The South Financial Group (The South Financial Group) Business Description

Traded in Other Exchanges
N/A
Address
102 South Main Street, Greenville, SC, USA, 29601
The South Financial Group Inc runs business banks in Florida, South Carolina, and North Carolina under the names Carolina First and Mercantile Bank. It also operates a small online platform, CaroLine. The bank has a total of $12.4 billion in assets. South Financial Group is primarily located in metropolitan markets and targets small and midsize businesses.
Executives
H Lynn Harton officer: Interim CEO C/O UNITED COMMUNITY BANKS, INC., PO BOX 398, BLAIRSVILLE GA 30512
Tanya A Butts officer: Executive Vice President 104 S. MAIN STREET, GREENVILLE SC 29601
James R Gordon officer: Chief Financial Officer 104 SOUTH MAIN STREET, GREENVILLE SC 29601
Robert A. Edwards officer: EVP - Chief Risk Officer C/O UNITED COMMUNITY BANKS, INC., PO BOX 398, BLAIRSVILLE GA 30514
Donald T Heroman director C/O EQUIFAX INC, 1550 PEACHTREE STREET, N.W., ATLANTA GA 30309
Christopher T Holmes officer: Sr. Executive Vice President C/O FB FINANCIAL CORP, 211 COMMERCE STREET, SUITE 300, NASHVILLE TN 37201
Challis M Lowe director 100 MISSION RIDGE, GOODLETTSVILLE TN 37072
Hummers William S Iii director CAROLINA FIRST BANK, 102 S MAIN STREET, GREEENVILLE SC 29601
Maverick Capital Ltd 10 percent owner 1900 N. PEARL STREET, 20TH FLOOR, DALLAS TX 75201
Ainslie Lee S Iii 10 percent owner
Maverick Capital Management Llc 10 percent owner 300 CRESCENT COURT, 18TH FLOOR, DALLAS TX 75201
Michael Hogan director 1359 21ST AVENUE N., SUITE 105, MYRTLE BEACH SC 29577
Andrew B Cheney officer: Chairman/ Subsidiary Bank C/O CITRUS BANK, 2110 RIVER ROAD, JACKSONVILLE FL 32207
Terry James W Jr officer: Exec. Vice President HOLLINGSWORTH FUNDS, INC., 123 VERDAE BLVD., SUITE 104, GREENVILLE SC 29607
Timothy K Schools officer: Chief Financial Officer 8 WOODLAND WAY, GREENVILLE SC 29601

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