Third Financial Statements From 2010 to 2026
| TDCB Stock | USD 9.35 0.05 0.53% |
Check Third Century financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Third Century's main balance sheet or income statement drivers, such as , as well as many indicators such as . Third financial statements analysis is a perfect complement when working with Third Century Valuation or Volatility modules.
Third |
Third Century Bancorp Company Return On Equity Analysis
Third Century's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Third Century Return On Equity | 0.15 |
Most of Third Century's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Third Century Bancorp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
| Competition |
Based on the latest financial disclosure, Third Century Bancorp has a Return On Equity of 0.1542. This is 89.37% lower than that of the Banks sector and significantly higher than that of the Financials industry. The return on equity for all United States stocks is 149.74% lower than that of the firm.
Third Century Bancorp Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Third Century's current stock value. Our valuation model uses many indicators to compare Third Century value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Third Century competition to find correlations between indicators driving Third Century's intrinsic value. More Info.Third Century Bancorp is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in return on asset category among its peers reporting about 0.06 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Third Century Bancorp is roughly 17.72 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Third Century by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Third Century's Pink Sheet. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.About Third Century Financial Statements
Third Century stakeholders use historical fundamental indicators, such as Third Century's revenue or net income, to determine how well the company is positioned to perform in the future. Although Third Century investors may analyze each financial statement separately, they are all interrelated. For example, changes in Third Century's assets and liabilities are reflected in the revenues and expenses on Third Century's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Third Century Bancorp. Please read more on our technical analysis and fundamental analysis pages.
Third Century Bancorp operates as the holding company for Mutual Savings Bank that provides various banking products and services to individual and corporate customers in Johnson County and surrounding counties. Third Century Bancorp was founded in 1890 and is based in Franklin, Indiana. Third Century is traded on OTC Exchange in the United States.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.| JBL | Jabil Circuit | |
| MRK | Merck Company | |
| AMGN | Amgen Inc |
Other Information on Investing in Third Pink Sheet
Third Century financial ratios help investors to determine whether Third Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Third with respect to the benefits of owning Third Century security.