GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Jacksonville Bancorp Inc (NAS:JAXB) » Definitions » 5-Year Yield-on-Cost %

Jacksonville Bancorp (Jacksonville Bancorp) 5-Year Yield-on-Cost % : 0.51 (As of May. 08, 2024)


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

What is Jacksonville Bancorp 5-Year Yield-on-Cost %?

Jacksonville Bancorp's yield on cost for the quarter that ended in Sep. 2015 was 0.51.


The historical rank and industry rank for Jacksonville Bancorp's 5-Year Yield-on-Cost % or its related term are showing as below:

JAXB' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0.51
Current: 0.51


During the past 13 years, Jacksonville Bancorp's highest Yield on Cost was 0.51. The lowest was 0.00. And the median was 0.00.


JAXB's 5-Year Yield-on-Cost % is not ranked
in the Banks industry.
Industry Median: 4.92 vs JAXB: 0.51

Competitive Comparison of Jacksonville Bancorp's 5-Year Yield-on-Cost %

For the Banks - Regional subindustry, Jacksonville Bancorp's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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.


Jacksonville Bancorp's 5-Year Yield-on-Cost % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Jacksonville Bancorp's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Jacksonville Bancorp's 5-Year Yield-on-Cost % falls into.



Jacksonville Bancorp 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of Jacksonville Bancorp is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5

Jacksonville Bancorp  (NAS:JAXB) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.


Jacksonville Bancorp 5-Year Yield-on-Cost % Related Terms

Thank you for viewing the detailed overview of Jacksonville Bancorp's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.


Jacksonville Bancorp (Jacksonville Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
Jacksonville Bancorp Inc was incorporated under the laws of the State of Florida on October 24, 1997 for the purpose of organizing the Bank. It is a one-bank holding company owning 100% of the outstanding shares of the Bank. The Company's only business is the ownership and operation of the Bank, which opened for business on May 28, 1999. The Bank is a Florida state-chartered commercial bank, and its deposits are insured by the FDIC. Its market area is all of Duval County mainly the Southside, Westside, Arlington, Mandarin and Downtown areas of Jacksonville and Jacksonville Beach, Florida, in addition to surrounding communities within the St. Johns, Clay and Nassau counties. Jacksonville is the largest city by area in the United States covering 747 square miles. Duval County has a strong commercial and industrial base, which has been steadily expanding in recent years. Financial institutions compete with one another for deposits. The Company is in competition with existing area financial institutions, including commercial banks and savings institutions, insurance companies, consumer finance companies, brokerage houses, mortgage banking companies, credit unions, and other business entities which target traditional banking markets, through offices, mail, the internet, mobile devices and otherwise. Its primary business segment is community banking and consists of attracting deposits from the general public and using such deposits and other sources of funds to originate commercial business loans, commercial real estate loans, residential mortgage loans, and a variety of consumer loans. The Company is regulated by the Federal Reserve Board under the Federal Bank Holding Company Act.
Executives
Margaret A Incandela officer: EVP; COO; Chief Credit Officer 100 NORTH LAURA STREET, SUITE 1000, JACKSONVILLE FL 32202
John W Rose director, 10 percent owner 100 NORTH LAURA STREET, SUITE 1000, JACKSONVILLE FL 32202
Eugene Ludwig director, 10 percent owner 280 PARK AVENUE, 40TH FLOOR WEST, SUITE 401, NEW YORK NY 10017
Robert Goldstein 10 percent owner
John P Sullivan director, 10 percent owner 280 PARK AVENUE, 40TH FLOOR WEST, NEW YORK NY 10017

Jacksonville Bancorp (Jacksonville Bancorp) Headlines

From GuruFocus