Return on Tangible Equity: The amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity. Calculated as: Income from Continuing Operations / Tangible Shareholders Equity
Towne Bancorp Inc. (TWNE) had Return on Tangible Equity of 5.89% for the most recently reported fiscal year, ending 2008-12-31.
| Income Statement Financials | |
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$-6.98M |
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$-6.98M |
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$-6.98M |
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1.62M |
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1.62M |
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$-4.31 |
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$-4.31 |
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| Balance Sheet Financials | |
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$0.00M |
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$118.43M |
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$118.43M |
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$-118.43M |
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| Cash Flow Statement Financials | |
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| Fundamental Metrics & Ratios | |
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Return on Tangible Equity |
5.89% |
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