Citizens Bancshares Net Tangible Assets

Citizens Bancshares posts a net tangible assets of $53M as of September 2016. That compares with $51M in the prior-year period — up 4.5% year over year. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.

In the prior comparable period, Citizens Bancshares's net tangible assets was $51M. The latest reading is $53M — a 4.5% year-over-year increase (period ending September 2016). Use the history and growth charts on this page for a longer lookback.

Net Tangible Assets is one piece of Citizens Bancshares's financial statement story. At $53M, it should be interpreted next to related metrics — for example revenue with costs, assets with liabilities, or income with margins. Stockcircle links those related pages so you can move from this number to the surrounding context quickly.

Context for CITZ's net tangible assets usually means three checks: (1) trend versus prior periods, (2) level versus peers, and (3) consistency with growth and profitability. This page covers the first two; Citizens Bancshares's other metric pages and overview cover the third.