CAPITOL BANCORP LTD
Financials · National Commercial Banks · MI · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY12 | FY11 | FY10 | |
|---|---|---|---|
| Revenue | — | — | — |
| Operating income | — | — | — |
| Net income | −$25.5M | −$45.4M | −$225.2M |
| Total assets | $1.62B | $2.21B | $3.54B |
| Total liabilities | $1.76B | $2.31B | $3.58B |
| Equity | −$133.9M | −$108.1M | −$61.9M |
| EPS (diluted) | $-0.62 | $-1.17 | $-11.16 |
| Shares out. | 47.2M | 41.0M | 21.6M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2012- Operating margin
- —
- Net margin
- —
- Return on equity
- 19.0%
- Return on assets
- −1.6%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 108.9%
- Debt / equity
- —
- Book value / share
- $-2.84
- Revenue growth (YoY)
- —
- Net income growth (YoY)
- —
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2012- Accruals / assets
- −1.5%clean
- Piotroski F-Score
- 2/6weak
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 1 severe● 2 warning● 2 good- Negative shareholder equity
- High leverage (liabilities > 70% of assets)
- Negative operating cash flow
- Strong return on equity (>15%)
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Material events
SEC Form 8-K · most recent- Bankruptcy or receivership · Modified shareholder rightsFeb 4, 2014
- Completed an acquisition or disposition · Other material eventJan 7, 2014
- Entered a material agreement · Other material eventOct 16, 2013
- Director / officer changeAug 26, 2013
- Other material eventJul 18, 2013
- Other material eventMay 21, 2013
- Results of operationsMar 28, 2013
- Director / officer changeFeb 11, 2013
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗- 15-12GFORM 15 CERTIFICATION AND NOTICE OF TERMINATION OF REGISTRATIONMar 5, 2014
- POS EXPOST EFFECTIVE AMENDMENT NO. 1 TO FORM S-8Mar 3, 2014
- 8-K/AFORM 8K/A 2-28-14Feb 28, 2014
- 8-KFORM 8K 2-4-14Feb 4, 2014
- 8-KJan 7, 2014
- 10-QFORM 10-Q FOR THE QUARTERLY PERIOD ENDED SEPTEMBER 30, 2013Nov 14, 2013
- 8-KFORM 8K 10-15-13Oct 16, 2013
- 8-KFORM 8-K - DIRECTOR RESIGNATIONAug 26, 2013
- 10-QFORM 10-Q FOR THE QUARTERLY PERIOD ENDED JUNE 30, 2013Aug 14, 2013
- 8-KFORM 8-KJul 18, 2013
- 11-KFORM 11-K FOR FISCAL YEAR ENDED 12-31-2012Jun 24, 2013
- 8-KFORM 8-K RE JOINT LIQUIDATING PLAN OF CAPITOL BANCORP LTD. AND FINANCIAL COMMERCMay 21, 2013
- 10-Q1Q 2013 FORM 10-QMay 15, 2013
- 10-K2012 REPORT ON FORM 10-KMar 29, 2013
- 8-KFORM 8-K RE 4Q 2012 RESULTS OF OPERATIONSMar 28, 2013
Event-driven situations (1)
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