Sound Financial Bancorp Inc
Sound Financial Bancorp, Inc. operates as the bank holding company for Sound Community Bank that provides banking and other financial services for consumers and businesses. It accepts various deposits products comprising savings, money market deposit, NOW, and demand accounts, as well as certificates of deposit. The company also offers loans secured by first and second mortgages on one-to-four fa… Read more
Sound Financial Bancorp Inc (SFBC) - Net Assets
Latest net assets as of December 2025: $109.40 Million USD
Based on the latest financial reports, Sound Financial Bancorp Inc (SFBC) has net assets worth $109.40 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 ($1.09 Billion) and total liabilities ($982.77 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $109.40 Million |
| % of Total Assets | 10.02% |
| Annual Growth Rate | 11.31% |
| 5-Year Change | 17.18% |
| 10-Year Change | 81.5% |
| Growth Volatility | 16.57 |
Sound Financial Bancorp Inc - Net Assets Trend (2007–2025)
This chart illustrates how Sound Financial Bancorp Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Sound Financial Bancorp Inc (2007–2025)
The table below shows the annual net assets of Sound Financial Bancorp Inc from 2007 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $109.40 Million | +5.53% |
| 2024-12-31 | $103.67 Million | +2.99% |
| 2023-12-31 | $100.65 Million | +3.02% |
| 2022-12-31 | $97.70 Million | +4.66% |
| 2021-12-31 | $93.36 Million | +9.21% |
| 2020-12-31 | $85.48 Million | +9.98% |
| 2019-12-31 | $77.73 Million | +8.51% |
| 2018-12-31 | $71.63 Million | +9.92% |
| 2017-12-31 | $65.16 Million | +8.10% |
| 2016-12-31 | $60.27 Million | +10.56% |
| 2015-12-31 | $54.52 Million | +7.65% |
| 2014-12-31 | $50.65 Million | +8.90% |
| 2013-12-31 | $46.51 Million | +7.01% |
| 2012-12-31 | $43.46 Million | +51.35% |
| 2011-12-31 | $28.71 Million | +6.73% |
| 2010-12-31 | $26.90 Million | +7.32% |
| 2009-12-31 | $25.07 Million | -3.96% |
| 2008-12-31 | $26.10 Million | +64.29% |
| 2007-12-31 | $15.89 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sound Financial 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 413.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $81.48 Million | 74.48% |
| Common Stock | $25.00K | 0.02% |
| Other Comprehensive Income | $-846.00K | -0.77% |
| Other Components | $28.74 Million | 26.27% |
| Total Equity | $109.40 Million | 100.00% |
Sound Financial Bancorp Inc Competitors by Market Cap
The table below lists competitors of Sound Financial Bancorp Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sebang Co Ltd
KO:004365
|
$70.43 Million |
|
Apetit Oyj
HE:APETIT
|
$70.45 Million |
|
Precision BioSciences Inc
NASDAQ:DTIL
|
$70.50 Million |
|
OFX Group Ltd
AU:OFX
|
$70.52 Million |
|
Digital Daesung Co. Ltd
KQ:068930
|
$70.39 Million |
|
AFFINITY BANCSHS DL-01
F:5610
|
$70.38 Million |
|
CBAK Energy Technology Inc
NASDAQ:CBAT
|
$70.33 Million |
|
Xlife Sciences AG
SW:XLS
|
$70.33 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sound Financial Bancorp Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 103,666,000 to 109,399,000, a change of 5,733,000 (5.5%).
- Net income of 7,158,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 198,000.
- Other factors decreased equity by 1,623,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $7.16 Million | +6.54% |
| Other Comprehensive Income | $198.00K | +0.18% |
| Other Changes | $-1.62 Million | -1.48% |
| Total Change | $- | 5.53% |
Book Value vs Market Value Analysis
This analysis compares Sound Financial 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: 0.97x
- 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 6.70x to 0.97x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-12-31 | $6.16 | $41.29 | x |
| 2008-12-31 | $10.52 | $41.29 | x |
| 2009-12-31 | $9.98 | $41.29 | x |
| 2010-12-31 | $9.31 | $41.29 | x |
| 2011-12-31 | $9.94 | $41.29 | x |
| 2012-12-31 | $16.59 | $41.29 | x |
| 2013-12-31 | $17.71 | $41.29 | x |
| 2014-12-31 | $19.46 | $41.29 | x |
| 2015-12-31 | $21.42 | $41.29 | x |
| 2016-12-31 | $23.48 | $41.29 | x |
| 2017-12-31 | $25.37 | $41.29 | x |
| 2018-12-31 | $27.90 | $41.29 | x |
| 2019-12-31 | $30.09 | $41.29 | x |
| 2020-12-31 | $32.97 | $41.29 | x |
| 2021-12-31 | $35.54 | $41.29 | x |
| 2022-12-31 | $37.82 | $41.29 | x |
| 2023-12-31 | $42.30 | $41.29 | x |
| 2024-12-31 | $40.40 | $41.29 | x |
| 2025-12-31 | $42.48 | $41.29 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sound Financial 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): 6.54%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.62%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 9.98x
- Recent ROE (6.54%) is below the historical average (6.61%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 2.01% | 1.87% | 0.07x | 14.91x | $-1.27 Million |
| 2008 | 1.00% | 1.35% | 0.07x | 11.24x | $-2.35 Million |
| 2009 | -2.45% | -2.70% | 0.07x | 13.48x | $-3.12 Million |
| 2010 | 4.95% | 5.70% | 0.07x | 12.44x | $-1.36 Million |
| 2011 | 5.40% | 7.83% | 0.06x | 11.83x | $-1.32 Million |
| 2012 | 6.07% | 11.88% | 0.06x | 8.77x | $-1.71 Million |
| 2013 | 8.47% | 16.76% | 0.05x | 9.52x | $-710.50K |
| 2014 | 8.37% | 16.61% | 0.05x | 9.78x | $-824.50K |
| 2015 | 8.79% | 17.48% | 0.05x | 9.92x | $-662.00K |
| 2016 | 8.92% | 17.83% | 0.05x | 9.76x | $-649.50K |
| 2017 | 7.87% | 16.43% | 0.05x | 9.90x | $-1.39 Million |
| 2018 | 9.83% | 18.84% | 0.05x | 10.01x | $-123.70K |
| 2019 | 8.59% | 17.32% | 0.05x | 9.26x | $-1.09 Million |
| 2020 | 10.45% | 21.09% | 0.05x | 10.08x | $388.60K |
| 2021 | 9.81% | 22.21% | 0.04x | 9.85x | $-179.80K |
| 2022 | 9.01% | 19.84% | 0.05x | 9.99x | $-966.50K |
| 2023 | 7.39% | 13.38% | 0.06x | 9.89x | $-2.63 Million |
| 2024 | 4.48% | 7.48% | 0.06x | 9.58x | $-5.73 Million |
| 2025 | 6.54% | 11.62% | 0.06x | 9.98x | $-3.78 Million |
Industry Comparison
This section compares Sound Financial Bancorp Inc's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $25,670,820,700
- Average return on equity (ROE) among peers: 9.44%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sound Financial Bancorp Inc (SFBC) | $109.40 Million | 2.01% | 8.98x | $70.40 Million |
| Ameris Bancorp (ABCB) | $120.94 Million | 10.83% | 9.48x | $4.91 Billion |
| ACNB Corporation (ACNB) | $2.75 Billion | 1.01% | 0.01x | $462.57 Million |
| Addiko Bank AG (ADBKF) | $839.50 Million | 5.41% | 6.63x | $210.07 Million |
| Affinity Bancshares Inc (AFBI) | $120.97 Million | 6.26% | 5.51x | $79.94 Million |
| Absa Group Limited (AGRPF) | $19.52 Billion | 23.08% | 14.72x | $6.72 Billion |
| AIB Group plc (AIBGY) | $14.46 Billion | -16.17% | 8.45x | $21.72 Billion |
| Akbank Turk Anonim Sirketi (AKBTY) | $211.22 Billion | 31.48% | 8.02x | $8.60 Billion |
| Alpha Bank SA (ALBKY) | $7.32 Billion | 8.44% | 8.89x | $1.12 Billion |
| Community Capital Bancshares Inc (ALBY) | $9.19 Million | 7.09% | 8.66x | $19.76 Million |
| Alpine Banks of Colorado (ALPIB) | $342.89 Million | 16.92% | 10.27x | $248.47 Million |