Book Value Of Equity Bank
Similarly the provisioning policy for non.
Book value of equity bank. The book value is the difference between total assets and liabilities. Equity s holdings of government securities shot up 26 percent from sh128 billion in 2017 to sh161 billion at the close of 2018 while its loan book grew by six percent from sh279 1 billion to. Equity group is currently trading at a price to a tangible book value of 1 4 times and a price to earnings of 6 5 times compared to an industry average of 1 2x and 6 3x respectively.
The zacks equity research reports. δ economic value δ value of assets δ value of deposits eve supports banks to appraise the influence of interest rate risk on net worth and equity of the bank because the value of assets and liabilities of a bank are throughtly linked with the interest rates. The book value was 267 146 billion as of the end of 2017.
1 note that if the company has a minority. Value of equity bank mbv comparables x book value of equity bank. In finance and accounting equity is the value attributable to the owners of a business the book value of equity is calculated as the difference between assets types of assets common types of assets include current non current physical intangible operating and non operating.
The values of the assets and liabilities are not the accounting or book values. Book value per share is a widely used stock evaluation measure. In theory if bank of america liquidated all of its assets and paid down its liabilities the bank would have roughly 267 billion left.
Find the latest book value per share for bank of america corporation bac. Bank stocks tend to trade at prices. 118 billion is the same figure reported as total shareholders equity.
That leads to a book valuation of 118 billion 301 billion 183 billion. The book value per share is a company s book value for every common share outstanding.