Gouverneur Bancorp
Gouverneur Bancorp, Inc. operates as the holding company for Gouverneur Savings and Loan Association that provides various banking products and services to individuals and businesses in New York. It accepts savings deposit, NOW, money market deposit, and checking accounts, as well as certificates of deposit. The company's loan products include mortgage loans, one- to four-family residential loans… Read more
Gouverneur Bancorp (GOVB) - Net Assets
Latest net assets as of September 2025: $32.11 Million USD
Based on the latest financial reports, Gouverneur Bancorp (GOVB) has net assets worth $32.11 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 ($198.53 Million) and total liabilities ($166.42 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 | $32.11 Million |
| % of Total Assets | 16.17% |
| Annual Growth Rate | -2.54% |
| 5-Year Change | 17.17% |
| 10-Year Change | 71.93% |
| Growth Volatility | 195.53 |
Gouverneur Bancorp - Net Assets Trend (1999–2025)
This chart illustrates how Gouverneur Bancorp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Gouverneur Bancorp (1999–2025)
The table below shows the annual net assets of Gouverneur Bancorp from 1999 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-09-30 | $32.11 Million | -2.01% |
| 2024-09-30 | $32.77 Million | +30.50% |
| 2023-09-30 | $25.11 Million | -88.00% |
| 2022-09-30 | $209.21 Million | +663.50% |
| 2021-09-30 | $27.40 Million | +2.90% |
| 2020-09-30 | $26.63 Million | -9.59% |
| 2019-09-30 | $29.45 Million | -70.38% |
| 2007-09-30 | $99.44 Million | +4.87% |
| 2006-09-30 | $94.83 Million | +407.76% |
| 2005-09-30 | $18.68 Million | +4.04% |
| 2004-09-30 | $17.95 Million | +2.24% |
| 2003-09-30 | $17.56 Million | -77.65% |
| 2002-09-30 | $78.56 Million | +4.94% |
| 2001-09-30 | $74.86 Million | +4.85% |
| 2000-09-30 | $71.40 Million | +14.06% |
| 1999-09-30 | $62.60 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Gouverneur Bancorp'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 165.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (September 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $28.97 Million | 90.23% |
| Other Components | $3.14 Million | 9.77% |
| Total Equity | $32.11 Million | 100.00% |
Gouverneur Bancorp Competitors by Market Cap
The table below lists competitors of Gouverneur Bancorp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Qomolangma Acquisition Corp. Common Stock
NASDAQ:QOMO
|
$8.60 Million |
|
PT Semen Baturaja (Persero) Tbk
F:15B
|
$8.60 Million |
|
Cenntro Electric Group Ltd
NASDAQ:CENN
|
$8.60 Million |
|
Blue Ridge Real Estate Company
PINK:BRRE
|
$8.61 Million |
|
PT Ingria Pratama Capitalindo Tbk
JK:GRIA
|
$8.60 Million |
|
Envar Holding AB (publ)
F:LD5
|
$8.60 Million |
|
PIL ITALICA LIFESTYLE LIMITED
NSE:PILITA
|
$8.59 Million |
|
President Automobile Industries Public Company Limited
BK:PACO
|
$8.59 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Gouverneur Bancorp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 32,765,000 to 32,108,000, a change of -657,000 (-2.0%).
- Net income of 733,000 contributed positively to equity growth.
- Dividend payments of 174,000 reduced retained earnings.
- Share repurchases of 701,000 reduced equity.
- Other factors decreased equity by 515,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $733.00K | +2.28% |
| Dividends Paid | $174.00K | -0.54% |
| Share Repurchases | $701.00K | -2.18% |
| Other Changes | $-515.00K | -1.6% |
| Total Change | $- | -2.01% |
Book Value vs Market Value Analysis
This analysis compares Gouverneur Bancorp'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: 0.40x
- 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 2.54x to 0.40x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1998-09-30 | $4.81 | $12.24 | x |
| 1999-09-30 | $6.71 | $12.24 | x |
| 2000-09-30 | $7.06 | $12.24 | x |
| 2001-09-30 | $7.61 | $12.24 | x |
| 2002-09-30 | $7.78 | $12.24 | x |
| 2003-09-30 | $7.71 | $12.24 | x |
| 2004-09-30 | $7.93 | $12.24 | x |
| 2005-09-30 | $8.32 | $12.24 | x |
| 2006-09-30 | $8.71 | $12.24 | x |
| 2007-09-30 | $8.89 | $12.24 | x |
| 2022-09-30 | $12.23 | $12.24 | x |
| 2023-09-30 | $12.36 | $12.24 | x |
| 2024-09-30 | $31.11 | $12.24 | x |
| 2025-09-30 | $30.55 | $12.24 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Gouverneur Bancorp 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): 2.28%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.94%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 6.18x
- Recent ROE (2.28%) is below the historical average (3.56%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1998 | 5.41% | 226.28% | 0.00x | 5.17x | $-526.80K |
| 1999 | 3.75% | 20.00% | 0.04x | 4.38x | $-1.00 Million |
| 2000 | 4.53% | 21.90% | 0.04x | 4.68x | $-873.90K |
| 2001 | 4.60% | 22.98% | 0.04x | 4.97x | $-899.60K |
| 2002 | 4.50% | 21.39% | 0.04x | 4.94x | $-947.80K |
| 2003 | 3.37% | 16.14% | 0.04x | 5.12x | $-1.16 Million |
| 2004 | 4.79% | 20.39% | 0.04x | 5.80x | $-935.00K |
| 2005 | 5.53% | 21.49% | 0.04x | 6.54x | $-835.50K |
| 2006 | 6.55% | 24.80% | 0.04x | 6.55x | $-685.50K |
| 2007 | 4.61% | 19.01% | 0.04x | 6.49x | $-1.10 Million |
| 2019 | -1.58% | -11.37% | 0.03x | 4.25x | $-3.41 Million |
| 2020 | -1.43% | -9.21% | 0.03x | 4.85x | $-3.04 Million |
| 2021 | 4.58% | 21.36% | 0.04x | 4.92x | $-1.48 Million |
| 2022 | 6.15% | 21.42% | 0.03x | 8.58x | $-955.90K |
| 2023 | 1.26% | 4.16% | 0.04x | 8.20x | $-2.19 Million |
| 2024 | 1.65% | 6.79% | 0.04x | 6.02x | $-2.74 Million |
| 2025 | 2.28% | 8.94% | 0.04x | 6.18x | $-2.48 Million |
Industry Comparison
This section compares Gouverneur Bancorp'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 |
|---|---|---|---|---|
| Gouverneur Bancorp (GOVB) | $32.11 Million | 5.41% | 5.18x | $8.60 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 |