Bancorp 34 Inc
Bancorp 34, Inc. operates as the holding company for Southwest Heritage Bank that offers various banking products and services to individuals and businesses in the United States. The company accepts various deposit products comprising noninterest bearing accounts, interest-bearing demand products, savings accounts, NOW and time deposits, money market accounts, and certificates of deposit. It also… Read more
Bancorp 34 Inc (BCTF) - Net Assets
Latest net assets as of March 2025: $90.06 Million USD
Based on the latest financial reports, Bancorp 34 Inc (BCTF) has net assets worth $90.06 Million USD as of March 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($943.64 Million) and total liabilities ($853.58 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 | $90.06 Million |
| % of Total Assets | 9.54% |
| Annual Growth Rate | 11.42% |
| 5-Year Change | 87.94% |
| 10-Year Change | 191.85% |
| Growth Volatility | 24.88 |
Bancorp 34 Inc - Net Assets Trend (2014–2024)
This chart illustrates how Bancorp 34 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 Bancorp 34 Inc (2014–2024)
The table below shows the annual net assets of Bancorp 34 Inc from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $86.52 Million | +42.48% |
| 2023-12-31 | $60.72 Million | +19.80% |
| 2022-12-31 | $50.69 Million | +24.41% |
| 2021-12-31 | $40.74 Million | -11.49% |
| 2020-12-31 | $46.03 Million | +2.11% |
| 2019-12-31 | $45.08 Million | -2.89% |
| 2018-12-31 | $46.42 Million | -8.92% |
| 2017-12-31 | $50.97 Million | +0.38% |
| 2016-12-31 | $50.78 Million | +71.29% |
| 2015-12-31 | $29.64 Million | +1.05% |
| 2014-12-31 | $29.34 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Bancorp 34 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 29.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $25.99 Million | 30.04% |
| Other Components | $60.52 Million | 69.96% |
| Total Equity | $86.52 Million | 100.00% |
Bancorp 34 Inc Competitors by Market Cap
The table below lists competitors of Bancorp 34 Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Optiemus Infracom Limited
NSE:OPTIEMUS
|
$82.78 Million |
|
Rico Auto Industries Limited
NSE:RICOAUTO
|
$82.80 Million |
|
Savita Oil Technologies Limited
NSE:SOTL
|
$82.81 Million |
|
Bisalloy Steel Group Ltd
AU:BIS
|
$82.82 Million |
|
Topco Technologies
TWO:3388
|
$82.75 Million |
|
Deep Industries Limited
NSE:DEEPINDS
|
$82.73 Million |
|
STLLR Gold Inc
OTCQX:STLRF
|
$82.73 Million |
|
Dmr Unlu Mamuller Uretim Gida Toptan Perakende Ihracat A.S.
IS:DMRGD
|
$82.71 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Bancorp 34 Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 60,721,000 to 86,515,000, a change of 25,794,000 (42.5%).
- Net income of 1,689,000 contributed positively to equity growth.
- Other factors increased equity by 24,105,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.69 Million | +1.95% |
| Other Changes | $24.11 Million | +27.86% |
| Total Change | $- | 42.48% |
Book Value vs Market Value Analysis
This analysis compares Bancorp 34 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: 0.91x
- 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 1.21x to 0.91x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-12-31 | $9.78 | $11.85 | x |
| 2015-12-31 | $9.88 | $11.85 | x |
| 2016-12-31 | $16.93 | $11.85 | x |
| 2017-12-31 | $14.60 | $11.85 | x |
| 2018-12-31 | $13.76 | $11.85 | x |
| 2019-12-31 | $14.05 | $11.85 | x |
| 2020-12-31 | $14.67 | $11.85 | x |
| 2021-12-31 | $16.15 | $11.85 | x |
| 2022-12-31 | $16.71 | $11.85 | x |
| 2023-12-31 | $12.94 | $11.85 | x |
| 2024-12-31 | $12.98 | $11.85 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Bancorp 34 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): 1.95%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.66%
- • Asset Turnover: 0.03x
- • Equity Multiplier: 10.61x
- Recent ROE (1.95%) is below the historical average (3.07%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 1.11% | 3.17% | 0.04x | 8.42x | $-2.61 Million |
| 2015 | 1.08% | 2.14% | 0.06x | 9.14x | $-2.64 Million |
| 2016 | 10.43% | 22.99% | 0.07x | 6.48x | $217.47K |
| 2017 | 0.71% | 1.41% | 0.08x | 6.60x | $-4.74 Million |
| 2018 | 2.31% | 3.68% | 0.08x | 8.26x | $-3.57 Million |
| 2019 | 1.58% | 4.69% | 0.04x | 8.73x | $-3.80 Million |
| 2020 | 3.90% | 10.57% | 0.04x | 9.60x | $-2.81 Million |
| 2021 | 8.34% | 16.97% | 0.04x | 12.95x | $-674.67K |
| 2022 | 7.92% | 20.93% | 0.03x | 11.36x | $-1.05 Million |
| 2023 | -5.60% | -21.39% | 0.03x | 9.57x | $-9.47 Million |
| 2024 | 1.95% | 5.66% | 0.03x | 10.61x | $-6.96 Million |
Industry Comparison
This section compares Bancorp 34 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 |
|---|---|---|---|---|
| Bancorp 34 Inc (BCTF) | $90.06 Million | 1.11% | 9.48x | $82.77 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 |