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Linkbancorp (Linkbancorp) Tangible Book per Share : $5.00 (As of Mar. 2024)


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What is Linkbancorp Tangible Book per Share?

Tangible book value per share is calculated as the total tangible equity divided by Shares Outstanding (EOP). Total tangible equity is calculated as the Total Stockholders Equity minus Preferred Stock minus Intangible Assets. Linkbancorp's tangible book value per share for the quarter that ended in Mar. 2024 was $5.00.

Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will receive when the company liquidates.


Linkbancorp Tangible Book per Share Historical Data

The historical data trend for Linkbancorp's Tangible Book per Share 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.

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Linkbancorp Tangible Book per Share Chart

Linkbancorp Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Tangible Book per Share
8.46 7.38 6.81 4.89

Linkbancorp Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Tangible Book per Share 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 6.46 6.51 6.45 4.89 5.00

Competitive Comparison of Linkbancorp's Tangible Book per Share

For the Banks - Regional subindustry, Linkbancorp's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.


Linkbancorp's Price-to-Tangible-Book Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Linkbancorp's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Linkbancorp's Price-to-Tangible-Book falls into.



Linkbancorp Tangible Book per Share Calculation

Linkbancorp's Tangible Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(265.313-0-82.701)/37.3407
=4.89

Linkbancorp's Tangible Book Value Per Share for the quarter that ended in Mar. 2024 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(268.243-0-81.494)/37.3481
=5.00

* 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.

Theoretically it is what the shareholders will receive if the company is liquidated. Total equity is a balance sheet item and equal to total assets less total liabilities of the company. Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will receive when the company liquidates.


Linkbancorp  (NAS:LNKB) Tangible Book per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Linkbancorp Tangible Book per Share Related Terms

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Linkbancorp (Linkbancorp) Business Description

Traded in Other Exchanges
N/A
Address
1250 Camp Hill Bypass, Suite 202, Camp Hill, PA, USA, 17011
Linkbancorp Inc operates in the banking industry. It provides banking services for individuals and businesses such as commercial lending, non-profit banking, treasury management, deposits and loans.
Executives
Andrew S Samuel director, officer: CEO and Vice Chairman 102 WEST BAKER STREET, PLANT CITY FL 33563
William Lloyd Jones director 3045 MARKET STREET, CAMP HILL PA 17011
Diane Poillon director 3045 MARKET STREET, CAMP HILL PA 17011
Debra Pierson director 3045 MARKET STREET, CAMP HILL PA 17011
Tiffanie Horton officer: Chief Credit Officer 3045 MARKET STREET, CAMP HILL PA 17011
Michetti Joseph C Jr director 3045 MARKET STREET, CAMP HILL PA 17011
David H Koppenhaver director 3045 MARKET STREET, CAMP HILL PA 17011
Kristen Snyder director 3045 MARKET STREET, CAMP HILL PA 17011
Jennifer Delaye director 3045 MARKET STREET, CAMP HILL PA 17011
Anson Flake director 3045 MARKET STREET, CAMP HILL PA 17011
Brent S. Smith director, officer: EVP 102 WEST BAKER STREET, PLANT CITY FL 33563
Kristofer A Paul officer: Chief Financial Officer 3045 MARKET STREET, CAMP HILL PA 17011
William E Pommerening director 102 WEST BAKER STREET, PLANT CITY FL 33563
Carl D Lundblad officer: President and CRO 3045 MARKET STREET, CAMP HILL PA 17011
Steven I Tressler director 3045 MARKET STREET, CAMP HILL PA 17011