IF Bancorp Inc (IROQ) - Net Assets
Based on the latest financial reports, IF Bancorp Inc (IROQ) has net assets worth $87.37 Million USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($830.38 Million) and total liabilities ($743.01 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check IROQ cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $87.37 Million |
| % of Total Assets | 10.52% |
| Annual Growth Rate | 5.79% |
| 5-Year Change | -4.06% |
| 10-Year Change | -2.54% |
| Growth Volatility | 29.41 |
IF Bancorp Inc - Net Assets Trend (2009–2025)
This chart illustrates how IF Bancorp Inc's net assets have evolved over time, based on quarterly financial data. Also explore IF Bancorp Inc balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for IF Bancorp Inc (2009–2025)
The table below shows the annual net assets of IF Bancorp Inc from 2009 to 2025. For live valuation and market cap data, see IROQ stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | $81.84 Million | +10.72% |
| 2024-06-30 | $73.92 Million | +3.01% |
| 2023-06-30 | $71.75 Million | +0.13% |
| 2022-06-30 | $71.66 Million | -16.00% |
| 2021-06-30 | $85.30 Million | +3.32% |
| 2020-06-30 | $82.56 Million | +0.12% |
| 2019-06-30 | $82.46 Million | +0.96% |
| 2018-06-30 | $81.67 Million | -2.73% |
| 2017-06-30 | $83.97 Million | 0.00% |
| 2016-06-30 | $83.97 Million | +4.40% |
| 2015-06-30 | $80.44 Million | -2.01% |
| 2014-06-30 | $82.09 Million | +0.41% |
| 2013-06-30 | $81.75 Million | -5.65% |
| 2012-06-30 | $86.65 Million | +119.69% |
| 2011-06-30 | $39.44 Million | +5.77% |
| 2010-06-30 | $37.29 Million | +12.12% |
| 2009-06-30 | $33.26 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to IF Bancorp Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 47.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $46.89 Million | 57.30% |
| Common Stock | $33.00K | 0.04% |
| Other Comprehensive Income | $-17.42 Million | -21.28% |
| Other Components | $52.33 Million | 63.94% |
| Total Equity | $81.84 Million | 100.00% |
IF Bancorp Inc Competitors by Market Cap
The table below lists competitors of IF Bancorp Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Airtasker Ltd
AU:ART
|
$86.21 Million |
|
AI TRANSPORTATION ACQUISITION CORP Ordinary shares
NASDAQ:AITR
|
$86.22 Million |
|
Arena Bilgisayar Sanayi ve Ticaret AS
IS:ARENA
|
$86.23 Million |
|
Hai Kwang Enterprise Corp
TW:2038
|
$86.24 Million |
|
Xtract One Technologies Inc.
TO:XTRA
|
$86.12 Million |
|
C-Rad AB (publ)
ST:CRAD-B
|
$86.08 Million |
|
DIRECTA SIM SPA
F:ZP7
|
$86.07 Million |
|
BEML LAND ASSETS LTD
NSE:BLAL
|
$86.07 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in IF Bancorp Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 73,916,000 to 81,837,000, a change of 7,921,000 (10.7%).
- Net income of 4,304,000 contributed positively to equity growth.
- Dividend payments of 1,286,000 reduced retained earnings.
- Other comprehensive income increased equity by 3,140,000.
- Other factors increased equity by 1,763,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $4.30 Million | +5.26% |
| Dividends Paid | $1.29 Million | -1.57% |
| Other Comprehensive Income | $3.14 Million | +3.84% |
| Other Changes | $1.76 Million | +2.15% |
| Total Change | $- | 10.72% |
Book Value vs Market Value Analysis
This analysis compares IF Bancorp Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.02x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 3.59x to 1.02x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-06-30 | $7.40 | $26.55 | x |
| 2010-06-30 | $8.29 | $26.55 | x |
| 2011-06-30 | $8.77 | $26.55 | x |
| 2012-06-30 | $19.53 | $26.55 | x |
| 2013-06-30 | $18.92 | $26.55 | x |
| 2014-06-30 | $19.84 | $26.55 | x |
| 2015-06-30 | $20.49 | $26.55 | x |
| 2016-06-30 | $22.48 | $26.55 | x |
| 2017-06-30 | $22.62 | $26.55 | x |
| 2018-06-30 | $22.08 | $26.55 | x |
| 2019-06-30 | $23.36 | $26.55 | x |
| 2020-06-30 | $26.23 | $26.55 | x |
| 2021-06-30 | $27.71 | $26.55 | x |
| 2022-06-30 | $22.85 | $26.55 | x |
| 2023-06-30 | $22.46 | $26.55 | x |
| 2024-06-30 | $23.60 | $26.55 | x |
| 2025-06-30 | $25.97 | $26.55 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently IF Bancorp Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 5.26%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.90%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 10.85x
- Recent ROE (5.26%) is above the historical average (5.00%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 7.24% | 11.35% | 0.06x | 11.34x | $-918.36K |
| 2010 | 7.18% | 12.28% | 0.06x | 10.32x | $-1.05 Million |
| 2011 | 7.18% | 13.64% | 0.04x | 12.95x | $-1.11 Million |
| 2012 | 1.62% | 6.44% | 0.04x | 5.90x | $-7.26 Million |
| 2013 | 4.54% | 16.83% | 0.04x | 6.70x | $-4.46 Million |
| 2014 | 4.24% | 15.93% | 0.04x | 6.72x | $-4.73 Million |
| 2015 | 4.07% | 14.81% | 0.04x | 7.01x | $-4.77 Million |
| 2016 | 4.25% | 14.57% | 0.04x | 7.09x | $-4.83 Million |
| 2017 | 4.67% | 15.03% | 0.04x | 6.97x | $-4.48 Million |
| 2018 | 2.13% | 6.46% | 0.04x | 7.82x | $-6.43 Million |
| 2019 | 4.31% | 11.52% | 0.04x | 8.78x | $-4.69 Million |
| 2020 | 5.14% | 13.36% | 0.04x | 8.91x | $-4.01 Million |
| 2021 | 6.27% | 17.48% | 0.04x | 9.35x | $-3.18 Million |
| 2022 | 8.07% | 19.10% | 0.04x | 11.97x | $-1.38 Million |
| 2023 | 6.49% | 17.88% | 0.03x | 11.83x | $-2.52 Million |
| 2024 | 2.42% | 3.95% | 0.05x | 12.01x | $-5.60 Million |
| 2025 | 5.26% | 8.90% | 0.05x | 10.85x | $-3.88 Million |
Industry Comparison
This section compares IF Bancorp Inc's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $519,829,600
- Average return on equity (ROE) among peers: 6.05%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| IF Bancorp Inc (IROQ) | $87.37 Million | 7.24% | 8.50x | $86.17 Million |
| Ameris Bancorp (ABCB) | $514.76 Million | 7.94% | 9.86x | $4.95 Billion |
| Ameris Bancorp (ABCB) | $148.70 Million | 9.23% | 10.41x | $5.70 Billion |
| ACNB Corporation (ACNB) | $93.75 Million | 8.98% | 9.33x | $483.21 Million |
| Affinity Bancshares Inc (AFBI) | $76.38 Million | 0.59% | 3.01x | $135.98 Million |
| Alerus Financial Corp (ALRS) | $96.99 Million | 6.06% | 10.54x | $647.19 Million |
| Amalgamated Bank (AMAL) | $585.36 Million | 15.03% | 12.62x | $1.14 Billion |
| Amerant Bancorp Inc. (AMTB) | $577.58 Million | -0.30% | 12.45x | $962.39 Million |
| Arrow Financial Corporation (AROW) | $249.60 Million | 11.75% | 10.06x | $601.02 Million |
| Associated Banc-Corp (ASB) | $2.74 Billion | -4.81% | 7.35x | $5.20 Billion |
| AmeriServ Financial Inc (ASRV) | $116.55 Million | 6.07% | 10.46x | $62.60 Million |
About IF Bancorp Inc
IF Bancorp, Inc. operates as the savings and loan holding company for Iroquois Federal Savings and Loan Association that provides a range of banking and financial services to individual and corporate clients. The company offers various deposit accounts, including savings accounts, certificates of deposit, money market accounts, commercial and personal checking accounts, individual retirement acco… Read more