Village Bank and Trust Financial
Village Bank and Trust Financial Corp. primarily operates as the bank holding company for Village Bank that provides banking and related financial services to small and medium sized businesses, professionals, and individuals in the United States. It operates through two segments: Traditional Commercial Banking and Mortgage Banking. The company accepts checking, demand, savings, money market, and … Read more
Village Bank and Trust Financial (VBFC) - Net Assets
Latest net assets as of December 2024: $73.74 Million USD
Based on the latest financial reports, Village Bank and Trust Financial (VBFC) has net assets worth $73.74 Million USD as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($756.16 Million) and total liabilities ($682.43 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 | $73.74 Million |
| % of Total Assets | 9.75% |
| Annual Growth Rate | 8.03% |
| 5-Year Change | 41.82% |
| 10-Year Change | 142.89% |
| Growth Volatility | 25.77 |
Village Bank and Trust Financial - Net Assets Trend (2002–2024)
This chart illustrates how Village Bank and Trust Financial's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Village Bank and Trust Financial (2002–2024)
The table below shows the annual net assets of Village Bank and Trust Financial from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $73.74 Million | +9.15% |
| 2023-12-31 | $67.56 Million | +10.55% |
| 2022-12-31 | $61.11 Million | -3.61% |
| 2021-12-31 | $63.40 Million | +21.93% |
| 2020-12-31 | $52.00 Million | +21.16% |
| 2019-12-31 | $42.91 Million | +15.57% |
| 2018-12-31 | $37.13 Million | -5.60% |
| 2017-12-31 | $39.33 Million | -9.81% |
| 2016-12-31 | $43.61 Million | +43.66% |
| 2015-12-31 | $30.36 Million | +59.30% |
| 2014-12-31 | $19.06 Million | +4.46% |
| 2013-12-31 | $18.24 Million | -26.92% |
| 2012-12-31 | $24.96 Million | -31.13% |
| 2011-12-31 | $36.25 Million | -24.98% |
| 2010-12-31 | $48.32 Million | -1.27% |
| 2009-12-31 | $48.94 Million | +6.02% |
| 2008-12-31 | $46.16 Million | +71.65% |
| 2007-12-31 | $26.89 Million | +4.87% |
| 2006-12-31 | $25.64 Million | +49.51% |
| 2005-12-31 | $17.15 Million | +14.46% |
| 2004-12-31 | $14.99 Million | +10.27% |
| 2003-12-31 | $13.59 Million | +0.90% |
| 2002-12-31 | $13.47 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Village Bank and Trust Financial'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 1928900000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $17.71 Million | 24.02% |
| Common Stock | $73.74 Million | 100.00% |
| Total Equity | $73.74 Million | 100.00% |
Village Bank and Trust Financial Competitors by Market Cap
The table below lists competitors of Village Bank and Trust Financial ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Falcon Machine Tools Co Ltd
TWO:4513
|
$50.62 Million |
|
Weblink International Inc
TW:6776
|
$50.63 Million |
|
Titan Minerals Limited
PINK:TTTNF
|
$50.64 Million |
|
Jai Corp Limited
NSE:JAICORPLTD
|
$50.68 Million |
|
Daesung Energy
KO:117580
|
$50.56 Million |
|
Durect Corporation
NASDAQ:DRRX
|
$50.56 Million |
|
YASHO INDUSTRIES ORD (BSE)
NSE:YASHO
|
$50.54 Million |
|
Nightingale Health Oyj B
HE:HEALTH
|
$50.54 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Village Bank and Trust Financial's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 67,556,000 to 73,739,000, a change of 6,183,000 (9.2%).
- Net income of 7,017,000 contributed positively to equity growth.
- Dividend payments of 1,077,000 reduced retained earnings.
- Other comprehensive income increased equity by 5,613,000.
- Other factors decreased equity by 5,370,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $7.02 Million | +9.52% |
| Dividends Paid | $1.08 Million | -1.46% |
| Other Comprehensive Income | $5.61 Million | +7.61% |
| Other Changes | $-5.37 Million | -7.28% |
| Total Change | $- | 9.15% |
Book Value vs Market Value Analysis
This analysis compares Village Bank and Trust Financial'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: 1.63x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.41x to 1.63x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-12-31 | $198.04 | $80.21 | x |
| 2003-12-31 | $128.05 | $80.21 | x |
| 2004-12-31 | $125.23 | $80.21 | x |
| 2005-12-31 | $135.97 | $80.21 | x |
| 2006-12-31 | $173.01 | $80.21 | x |
| 2007-12-31 | $159.04 | $80.21 | x |
| 2008-12-31 | $243.52 | $80.21 | x |
| 2009-12-31 | $185.10 | $80.21 | x |
| 2010-12-31 | $182.44 | $80.21 | x |
| 2011-12-31 | $136.69 | $80.21 | x |
| 2012-12-31 | $93.85 | $80.21 | x |
| 2013-12-31 | $67.41 | $80.21 | x |
| 2014-12-31 | $57.06 | $80.21 | x |
| 2015-12-31 | $25.28 | $80.21 | x |
| 2016-12-31 | $30.69 | $80.21 | x |
| 2017-12-31 | $27.86 | $80.21 | x |
| 2018-12-31 | $25.87 | $80.21 | x |
| 2019-12-31 | $29.70 | $80.21 | x |
| 2020-12-31 | $35.64 | $80.21 | x |
| 2021-12-31 | $43.19 | $80.21 | x |
| 2022-12-31 | $41.38 | $80.21 | x |
| 2023-12-31 | $45.46 | $80.21 | x |
| 2024-12-31 | $49.29 | $80.21 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Village Bank and Trust Financial 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): 9.52%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 21.08%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 10.25x
- Recent ROE (9.52%) is above the historical average (0.21%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | -2.45% | -15.14% | 0.03x | 5.96x | $-1.68 Million |
| 2003 | 0.51% | 1.51% | 0.04x | 8.47x | $-1.29 Million |
| 2004 | 5.75% | 12.97% | 0.04x | 10.70x | $-636.97K |
| 2005 | 7.18% | 12.39% | 0.05x | 12.53x | $-484.01K |
| 2006 | 5.46% | 11.00% | 0.04x | 11.36x | $-1.17 Million |
| 2007 | 3.72% | 6.89% | 0.04x | 14.62x | $-1.69 Million |
| 2008 | 1.01% | 2.71% | 0.03x | 12.40x | $-4.15 Million |
| 2009 | -23.52% | -45.91% | 0.04x | 12.32x | $-16.41 Million |
| 2010 | 2.96% | 4.72% | 0.05x | 12.25x | $-3.40 Million |
| 2011 | -32.61% | -38.78% | 0.05x | 16.05x | $-15.44 Million |
| 2012 | -41.65% | -58.74% | 0.03x | 20.43x | $-12.90 Million |
| 2013 | -21.96% | -26.38% | 0.03x | 24.35x | $-5.83 Million |
| 2014 | -5.44% | -7.97% | 0.03x | 22.77x | $-2.94 Million |
| 2015 | 2.13% | 5.11% | 0.03x | 13.83x | $-2.39 Million |
| 2016 | 30.98% | 100.99% | 0.03x | 10.20x | $9.15 Million |
| 2017 | -7.87% | -13.65% | 0.05x | 12.14x | $-7.03 Million |
| 2018 | 8.18% | 12.83% | 0.05x | 13.87x | $-676.30K |
| 2019 | 10.43% | 17.18% | 0.05x | 12.59x | $185.60K |
| 2020 | 16.45% | 25.97% | 0.05x | 13.58x | $3.35 Million |
| 2021 | 19.64% | 32.91% | 0.05x | 11.80x | $6.11 Million |
| 2022 | 13.59% | 25.71% | 0.04x | 11.84x | $2.19 Million |
| 2023 | 2.84% | 5.76% | 0.05x | 10.90x | $-4.84 Million |
| 2024 | 9.52% | 21.08% | 0.04x | 10.25x | $-356.90K |
Industry Comparison
This section compares Village Bank and Trust Financial'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 |
|---|---|---|---|---|
| Village Bank and Trust Financial (VBFC) | $73.74 Million | -2.45% | 9.25x | $50.56 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 |