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LaPorte Bancorp (LaPorte Bancorp) 5-Year Yield-on-Cost % : 0.93 (As of Apr. 26, 2024)


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

LaPorte Bancorp's yield on cost for the quarter that ended in Mar. 2016 was 0.93.


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

LPSB' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0.93
Current: 0.93


During the past 13 years, LaPorte Bancorp's highest Yield on Cost was 0.93. The lowest was 0.00. And the median was 0.00.


LPSB's 5-Year Yield-on-Cost % is not ranked
in the Banks industry.
Industry Median: 4.975 vs LPSB: 0.93

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

For the Banks - Regional subindustry, LaPorte 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.


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

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

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



LaPorte 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 LaPorte Bancorp is calculated as

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

LaPorte Bancorp  (NAS:LPSB) 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.


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

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LaPorte Bancorp (LaPorte Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
LaPorte Bancorp Inc operates as the bank holding company for The LaPorte Savings Bank. The LaPorte Savings Bank is an Indiana-chartered savings bank that operates from seven full-service locations in LaPorte and Porter Counties, Indiana and a mortgage loan production office in St. Joseph, Michigan. The Company's business consists of accepting deposits from the general public and investing those deposits, together with funds generated from operations and borrowings, in residential loans, commercial real estate loans, mortgage warehouse loans, construction loans, home equity loans and lines of credit, commercial loans, automobile and other consumer loans, as well as agency securities, mortgage-backed securities, collateralized mortgage obligation securities and municipal bond securities. In addition, the Company offers trust services through a referral agreement with a third party. In Lending Activities One- to Four-Family Residential Loans: The majority of the one- to four-family residential mortgage loans the company originates are conventional. The Company also offers adjustable rate mortgage loans with fixed terms of three, five or seven years before converting to an annual adjustment schedule based on changes in a designated United States Treasury index. The Company also makes commercial land development and residential land loans. The Company also makes construction loans for commercial development projects, such as multi-family, apartment and small retail and office buildings. Its deposit accounts consist of savings accounts, health savings accounts, NOW accounts, checking accounts, money market accounts, certificates of deposit and IRAs. The Company also provides commercial checking accounts for businesses.
Executives
Michele M. Magnuson director, officer: President and CFO 515 FRANKLIN STREET, MICHIGAN CITY IN 46360

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