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Citizens National Bancshares Bossier (Citizens National Bancshares Bossier) Return-on-Tangible-Equity : 15.92% (As of Sep. 2096)


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What is Citizens National Bancshares Bossier Return-on-Tangible-Equity?

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Citizens National Bancshares Bossier's annualized net income for the quarter that ended in Sep. 2096 was $8.00 Mil. Citizens National Bancshares Bossier's average shareholder tangible equity for the quarter that ended in Sep. 2096 was $50.25 Mil. Therefore, Citizens National Bancshares Bossier's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2096 was 15.92%.

The historical rank and industry rank for Citizens National Bancshares Bossier's Return-on-Tangible-Equity or its related term are showing as below:

CNBL's Return-on-Tangible-Equity is not ranked *
in the Banks industry.
Industry Median: 10.7
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Citizens National Bancshares Bossier Return-on-Tangible-Equity Historical Data

The historical data trend for Citizens National Bancshares Bossier's Return-on-Tangible-Equity 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.

Citizens National Bancshares Bossier Return-on-Tangible-Equity Chart

Citizens National Bancshares Bossier Annual Data
Trend Dec94 Dec95
Return-on-Tangible-Equity
17.65 16.42

Citizens National Bancshares Bossier Quarterly Data
Sep94 Dec94 Mar95 Jun95 Sep95 Dec95 Mar96 Jun96 Sep96
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only 16.02 16.09 15.67 17.02 15.92

Competitive Comparison of Citizens National Bancshares Bossier's Return-on-Tangible-Equity

For the Banks - Regional subindustry, Citizens National Bancshares Bossier's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.


Citizens National Bancshares Bossier's Return-on-Tangible-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Citizens National Bancshares Bossier's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Citizens National Bancshares Bossier's Return-on-Tangible-Equity falls into.



Citizens National Bancshares Bossier Return-on-Tangible-Equity Calculation

Citizens National Bancshares Bossier's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2095 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2095 )  (A: Dec. 2094 )(A: Dec. 2095 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2095 )  (A: Dec. 2094 )(A: Dec. 2095 )
=6.6/( (34+46.4 )/ 2 )
=6.6/40.2
=16.42 %

Citizens National Bancshares Bossier's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2096 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2096 )  (Q: Jun. 2096 )(Q: Sep. 2096 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2096 )  (Q: Jun. 2096 )(Q: Sep. 2096 )
=8/( (48.5+52)/ 2 )
=8/50.25
=15.92 %

* 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.

In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Sep. 2096) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Citizens National Bancshares Bossier  (OTCPK:CNBL) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


Citizens National Bancshares Bossier Return-on-Tangible-Equity Related Terms

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Citizens National Bancshares Bossier (Citizens National Bancshares Bossier) Business Description

Traded in Other Exchanges
N/A
Address
2711 East Texas Street, P.O. Box 6266, Bossier City, LA, USA, 71111
Citizens National Bancshares Bossier Inc is a United States-based company engaged in offering a complete array of banking products and services. It offers personal banking services, business banking services, mortgaged services, and investments services. The company's provision of services includes savings facility, loans, CDs and IRAs, credit cards, online and mobile banking, merchant services, cash management, and others.

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