GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Victory Bancorp Inc (OTCPK:VTYB) » Definitions » Tangible Book per Share

Victory Bancorp (Victory Bancorp) Tangible Book per Share : $14.17 (As of Mar. 2024)


View and export this data going back to 2017. Start your Free Trial

What is Victory Bancorp 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. Victory Bancorp's tangible book value per share for the quarter that ended in Mar. 2024 was $14.17.

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.


Victory Bancorp Tangible Book per Share Historical Data

The historical data trend for Victory Bancorp'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.

* Premium members only.

Victory Bancorp Tangible Book per Share Chart

Victory Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tangible Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.14 11.29 12.92 13.29 14.18

Victory Bancorp Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
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 13.29 13.70 13.47 14.18 14.17

Competitive Comparison of Victory Bancorp's Tangible Book per Share

For the Banks - Regional subindustry, Victory Bancorp'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.


Victory Bancorp's Price-to-Tangible-Book Distribution in the Banks Industry

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

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



Victory Bancorp Tangible Book per Share Calculation

Victory Bancorp's Tangible Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(27.948-0-0)/1.97136
=14.18

Victory Bancorp's Tangible Book Value Per Share for the quarter that ended in Mar. 2024 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(27.94-0-0)/1.97136
=14.17

* 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.


Victory Bancorp  (OTCPK:VTYB) 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.


Victory Bancorp Tangible Book per Share Related Terms

Thank you for viewing the detailed overview of Victory Bancorp's Tangible Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Victory Bancorp (Victory Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
548 N. Lewis Road, Suite 205, Limerick, PA, USA, 19468
Victory Bancorp Inc operates a full-service commercial and consumer banking business. The Bank's focus is on small- and middle-market commercial and retail customers. The Bank originates secured and unsecured commercial loans, commercial mortgage loans, consumer loans and construction loans and does not make subprime loans. The Bank also offers revolving credit loans, small business loans and automobile loans. The Bank offers a variety of deposit products, including demand and savings deposits, regular savings accounts, investment certificates and fixed-rate certificates of deposit.

Victory Bancorp (Victory Bancorp) Headlines

From GuruFocus

Victory Bancorp, Inc. Announces Quarterly Cash Dividend

By PurpleRose PurpleRose 08-17-2022

Victory Bancorp, Inc. Declares Quarterly Dividend

By sperokesalga sperokesalga 05-17-2023

Victory Bancorp Declares Quarterly Dividend

By Stock market mentor Stock market mentor 01-18-2023

The Victory Bancorp, Inc. Second Quarter Earnings

By PurpleRose PurpleRose 07-26-2022

The Victory Bank Promotes Shelly Stockmal to Senior Vice President

By GuruFocusNews GuruFocusNews 03-29-2022

The Victory Bank Announces The Victory Bank Foundation

By Value_Insider Value_Insider 12-06-2022

Victory Bancorp, Inc. Announces Quarterly Cash Dividend

By GuruFocusNews GuruFocusNews 05-18-2022

Alexander S. Kroll Named Chief Lending Officer of The Victory Bank

By GuruFocusNews GuruFocusNews 04-05-2022