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Main Street Financial Services (Main Street Financial Services) Return-on-Tangible-Equity : 0.00% (As of . 20)


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What is Main Street Financial Services 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. Main Street Financial Services's annualized net income for the quarter that ended in . 20 was $ Mil. Main Street Financial Services's average shareholder tangible equity for the quarter that ended in . 20 was $ Mil. Therefore, Main Street Financial Services's annualized Return-on-Tangible-Equity for the quarter that ended in . 20 was %.

The historical rank and industry rank for Main Street Financial Services's Return-on-Tangible-Equity or its related term are showing as below:

MSWV's Return-on-Tangible-Equity is not ranked *
in the Banks industry.
Industry Median: 10.72
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Main Street Financial Services Return-on-Tangible-Equity Historical Data

The historical data trend for Main Street Financial Services'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.

Main Street Financial Services Return-on-Tangible-Equity Chart

Main Street Financial Services Annual Data
Trend
Return-on-Tangible-Equity

Main Street Financial Services Semi-Annual Data
Return-on-Tangible-Equity

Competitive Comparison of Main Street Financial Services's Return-on-Tangible-Equity

For the Banks - Regional subindustry, Main Street Financial Services'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.


Main Street Financial Services's Return-on-Tangible-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Main Street Financial Services's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Main Street Financial Services's Return-on-Tangible-Equity falls into.



Main Street Financial Services Return-on-Tangible-Equity Calculation

Main Street Financial Services's annualized Return-on-Tangible-Equity for the fiscal year that ended in . 20 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=/( (+ )/ )
=/
= %

Main Street Financial Services's annualized Return-on-Tangible-Equity for the quarter that ended in . 20 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=/( (+)/ )
=/
= %

* 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 one times the annual (. 20) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Main Street Financial Services  (OTCPK:MSWV) 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.


Main Street Financial Services Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of Main Street Financial Services's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Main Street Financial Services (Main Street Financial Services) Business Description

Traded in Other Exchanges
N/A
Address
2001 Main Street, Suite 100, Celoron Plaza, Wheeling, WV, USA, 26003
Main Street Financial Services Corp is a U.S based community bank. It is engaged in providing financial products and services which include ATM, Business Money Market, Drive-thru Services, Internet Banking, Safe Deposit Boxes and Non-profit Accounts among others.

Main Street Financial Services (Main Street Financial Services) Headlines