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Tri City Bankshares (Tri City Bankshares) Beta : 0.22 (As of May. 12, 2024)


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What is Tri City Bankshares Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-05-12), Tri City Bankshares's Beta is 0.22.


Tri City Bankshares Beta Historical Data

The historical data trend for Tri City Bankshares's Beta 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.

Tri City Bankshares Beta Chart

Tri City Bankshares Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Beta
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.21 0.10 0.61 0.52 0.67

Tri City Bankshares Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Sep22 Sep23
Beta 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 0.63 0.67 0.68 0.60 0.37

Competitive Comparison of Tri City Bankshares's Beta

For the Banks - Regional subindustry, Tri City Bankshares's Beta, along with its competitors' market caps and Beta 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.


Tri City Bankshares's Beta Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Tri City Bankshares's Beta distribution charts can be found below:

* The bar in red indicates where Tri City Bankshares's Beta falls into.



Tri City Bankshares Beta Calculation

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. A stock's beta can be calculated by dividing the product of the covariance of the individual stock's returns and the market's returns by the variance of the market's returns over a specified period. Basically, GuruFocus uses the returns calculated over three-year period.


Tri City Bankshares  (OTCPK:TRCY) Beta Explanation

Beta is a measure of the volatility, or systematic risk, of a security or a portfolio in comparison to the market as a whole. We usually compare beta to 1. A beta of 1 indicates that the security's price will move with the market. A beta of less than 1 means that the security will be less volatile than the market. A beta of greater than 1 indicates that the security's price will be more volatile than the market.

Beta is primarily used in the Capital Asset Pricing Model (CAPM) to calculate the Cost of Equity, which can be used in the calculation of WACC %. The formula of Cost of Equity is:
Cost of Equity = Risk-Free Rate of Return + Beta of Asset * (Expected Return of the Market - Risk-Free Rate of Return)


Tri City Bankshares Beta Related Terms

Thank you for viewing the detailed overview of Tri City Bankshares's Beta provided by GuruFocus.com. Please click on the following links to see related term pages.


Tri City Bankshares (Tri City Bankshares) Business Description

Traded in Other Exchanges
N/A
Address
6400 South 27th Street, Oak Creek, WI, USA, 53154
Tri City Bankshares Corp is a bank holding company. It provides consumer and commercial banking services to individuals and businesses. The services provided by the bank are loan facilities, credit card facilities, reverse mortgages, online banking services, business cards, savings facilities, and other services. It has one reportable segment community banking.
Executives
Christ Krantz director 9999 W NORTH AVE, STE 115, WAUWATOSA WI 53226
Frederick R Klug officer: Sr. Vice President & CFO
Scott D Geradin director, officer: Senior Vice President 6400 S 27TH STREET, OAK CREEK WI 53154
William Gravitter director
Frank Bauer director W312 S5860 DABLE ROAD, MUKWONAGO WI 53149
Thomas G Ulrich other: See remarks below P.O. BOX 180437, DELAFIELD WI 53018-1590
Ulrich Voting Trust 10 percent owner C/O KATHLEEN L. MCGARRY, VOTING TRUSTEE, P.O.BOX 180437, DELAFIELD WI 53018-0437
Kathleen L Mcgarry other: See remarks below P.O. BOX 180437, DELAFIELD WI 53018-0437
Scott A Wilson director, officer: Sr. Vice Pres./Secretary 8410 S 29TH STREET, OAK CREED WI 53154
Sanford Fedderly director 161 E BAY RIDGE DRIVE, FORT LAUDERDALE FL 33326
Brian T Mcgarry director P.O. BOX 180437, DELAFIELD WI 53018-0437
Agatha T Ulrich director, 10 percent owner
Ulrich David A Jr director 7388 TRINITY COURT, FRANKLIN WI 53132
William N Beres director 21095 STRATFORD COURT, BROOKFIELD WI 53045
Robert W Orth director, officer: Senior Vice President 8410 S 29TH STREET, OAK CREED WI 53154

Tri City Bankshares (Tri City Bankshares) Headlines

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