PB Bankshares Inc (PBBK) - Net Assets
Based on the latest financial reports, PB Bankshares Inc (PBBK) has net assets worth $51.35 Million USD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($456.44 Million) and total liabilities ($405.08 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 PB Bankshares Inc liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $51.35 Million |
| % of Total Assets | 11.25% |
| Annual Growth Rate | 16.98% |
| 5-Year Change | 121.48% |
| 10-Year Change | N/A |
| Growth Volatility | 42.98 |
PB Bankshares Inc - Net Assets Trend (2019–2024)
This chart illustrates how PB Bankshares Inc's net assets have evolved over time, based on quarterly financial data. Also explore PBBK total assets for the complete picture of this company's asset base.
Annual Net Assets for PB Bankshares Inc (2019–2024)
The table below shows the annual net assets of PB Bankshares Inc from 2019 to 2024. For live valuation and market cap data, see PB Bankshares Inc stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $48.66 Million | +3.55% |
| 2023-12-31 | $46.99 Million | +2.18% |
| 2022-12-31 | $45.99 Million | +0.33% |
| 2021-12-31 | $45.83 Million | +108.63% |
| 2020-12-31 | $21.97 Million | -1.05% |
| 2019-12-31 | $22.20 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to PB Bankshares 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 27.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $28.33 Million | 58.22% |
| Common Stock | $24.00K | 0.05% |
| Other Comprehensive Income | $-305.00K | -0.63% |
| Other Components | $20.61 Million | 42.35% |
| Total Equity | $48.66 Million | 100.00% |
PB Bankshares Inc Competitors by Market Cap
The table below lists competitors of PB Bankshares Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Wysiwyg Studios Co. Ltd
KQ:299900
|
$47.08 Million |
|
Kishin Corporation
KO:092440
|
$47.10 Million |
|
Top Win International Limited
NASDAQ:SORA
|
$47.14 Million |
|
Microelectronics Technology Inc
TW:2314
|
$47.14 Million |
|
GiantStep Co. Ltd.
KQ:289220
|
$47.03 Million |
|
Grupo Pochteca S.A.B. de C.V
MX:POCHTECB
|
$47.02 Million |
|
Jayjun Co Ltd
KO:025620
|
$47.01 Million |
|
Visi Media Asia Tbk
JK:VIVA
|
$47.01 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in PB Bankshares Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 46,989,000 to 48,658,000, a change of 1,669,000 (3.6%).
- Net income of 1,772,000 contributed positively to equity growth.
- Share repurchases of 1,756,000 reduced equity.
- Other comprehensive income increased equity by 942,000.
- Other factors increased equity by 711,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.77 Million | +3.64% |
| Share Repurchases | $1.76 Million | -3.61% |
| Other Comprehensive Income | $942.00K | +1.94% |
| Other Changes | $711.00K | +1.46% |
| Total Change | $- | 3.55% |
Book Value vs Market Value Analysis
This analysis compares PB Bankshares 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: 0.95x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 2.48x to 0.95x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | $7.99 | $19.81 | x |
| 2020-12-31 | $7.91 | $19.81 | x |
| 2021-12-31 | $17.94 | $19.81 | x |
| 2022-12-31 | $17.92 | $19.81 | x |
| 2023-12-31 | $18.89 | $19.81 | x |
| 2024-12-31 | $20.82 | $19.81 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently PB Bankshares 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): 3.64%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.34%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 9.28x
- Recent ROE (3.64%) is above the historical average (2.61%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 3.51% | 7.90% | 0.05x | 9.77x | $-1.44 Million |
| 2020 | -1.89% | -4.33% | 0.03x | 12.53x | $-2.61 Million |
| 2021 | 1.71% | 7.33% | 0.03x | 6.87x | $-3.80 Million |
| 2022 | 4.60% | 14.81% | 0.04x | 8.41x | $-2.48 Million |
| 2023 | 4.08% | 9.36% | 0.05x | 9.36x | $-2.78 Million |
| 2024 | 3.64% | 7.34% | 0.05x | 9.28x | $-3.09 Million |
Industry Comparison
This section compares PB Bankshares Inc's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $552,557,300
- Average return on equity (ROE) among peers: 11.02%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| PB Bankshares Inc (PBBK) | $51.35 Million | 3.51% | 7.89x | $47.04 Million |
| Ameris Bancorp (ABCB) | $1.46 Billion | 8.31% | 6.86x | $4.95 Billion |
| Ameris Bancorp (ABCB) | $120.94 Million | 10.83% | 9.48x | $5.70 Billion |
| ACNB Corporation (ACNB) | $74.01 Million | 9.97% | 11.77x | $483.21 Million |
| Affinity Bancshares Inc (AFBI) | $129.12 Million | 4.21% | 5.71x | $135.98 Million |
| Alerus Financial Corp (ALRS) | $153.31 Million | 13.22% | 8.01x | $647.19 Million |
| Amalgamated Bank (AMAL) | $535.82 Million | 8.62% | 10.16x | $1.14 Billion |
| Amerant Bancorp Inc. (AMTB) | $901.22 Million | 12.53% | 7.48x | $962.39 Million |
| Arrow Financial Corporation (AROW) | $72.29 Million | 17.85% | 12.85x | $601.02 Million |
| Associated Banc-Corp (ASB) | $2.02 Billion | 12.80% | 9.17x | $5.20 Billion |
| AmeriServ Financial Inc (ASRV) | $65.10 Million | 11.83% | 10.90x | $62.60 Million |
About PB Bankshares Inc
As of January 5, 2026, PB Bankshares, Inc. was acquired by Norwood Financial Corp. PB Bankshares, Inc. operates as the bank holding company for Presence Bank that provides various banking products and services. The company accepts various deposit accounts, including demand deposit accounts, savings accounts, money market accounts, and certificates of deposit accounts. It also provides one- to fou… Read more