Pinnacle Bank
Pinnacle Bank, a commercial bank, provides various depository and credit services in the Santa Clara, San Benito, and Monterey counties in the United States. The company offers checking, savings, money market, business sweep, and individual retirement accounts, as well as certificates of deposit and certificates of deposit account registry services. It also provides home equity lines of credit an… Read more
Pinnacle Bank (PBNK) - Net Assets
Latest net assets as of December 2017: $41.11 Million USD
Based on the latest financial reports, Pinnacle Bank (PBNK) has net assets worth $41.11 Million USD as of December 2017.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($411.28 Million) and total liabilities ($370.16 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 | $41.11 Million |
| % of Total Assets | 10.0% |
| Annual Growth Rate | 12.98% |
| 5-Year Change | 69.98% |
| 10-Year Change | 289.35% |
| Growth Volatility | 11.17 |
Pinnacle Bank - Net Assets Trend (2014–2024)
This chart illustrates how Pinnacle Bank's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Pinnacle Bank (2014–2024)
The table below shows the annual net assets of Pinnacle Bank from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $98.97 Million | +12.57% |
| 2023-12-31 | $87.93 Million | +19.32% |
| 2022-12-31 | $73.69 Million | +10.96% |
| 2021-12-31 | $66.41 Million | +14.05% |
| 2020-12-31 | $58.23 Million | +8.39% |
| 2019-12-31 | $53.72 Million | +33.50% |
| 2018-12-31 | $40.24 Million | +17.54% |
| 2017-12-31 | $34.24 Million | +21.30% |
| 2016-12-31 | $28.22 Million | +11.02% |
| 2015-12-31 | $25.42 Million | -12.92% |
| 2014-12-31 | $29.19 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Pinnacle Bank'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 5329229865.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $44.00 Million | 44.45% |
| Other Components | $54.98 Million | 55.55% |
| Total Equity | $98.97 Million | 100.00% |
Pinnacle Bank Competitors by Market Cap
The table below lists competitors of Pinnacle Bank ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
NexG Bhd
KLSE:5216
|
$95.36 Million |
|
Leatec Fine Ceramics Co Ltd
TWO:6127
|
$95.39 Million |
|
Klingon Aerospace Inc
TW:1529
|
$95.39 Million |
|
Bald Eagle Gold Corp.
OTCQB:BADEF
|
$95.41 Million |
|
Calin Technology Co Ltd
TW:4976
|
$95.33 Million |
|
Somboon Advance Technology PCL F
F:PSQ
|
$95.30 Million |
|
Hemisphere Energy Corporation
OTCQX:HMENF
|
$95.27 Million |
|
Burcelik Vana Sanayi ve Ticaret AS
IS:BURVA
|
$95.26 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Pinnacle Bank's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 87,926,313 to 98,974,652, a change of 11,048,339 (12.6%).
- Net income of 8,845,817 contributed positively to equity growth.
- Other factors increased equity by 2,202,522.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $8.85 Million | +8.94% |
| Other Changes | $2.20 Million | +2.23% |
| Total Change | $- | 12.57% |
Book Value vs Market Value Analysis
This analysis compares Pinnacle Bank'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: 1.05x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | $0.00 | $17.80 | x |
| 2016-12-31 | $0.00 | $17.80 | x |
| 2017-12-31 | $8.84 | $17.80 | x |
| 2018-12-31 | $7.70 | $17.80 | x |
| 2019-12-31 | $10.28 | $17.80 | x |
| 2020-12-31 | $11.01 | $17.80 | x |
| 2021-12-31 | $12.41 | $17.80 | x |
| 2022-12-31 | $13.36 | $17.80 | x |
| 2023-12-31 | $15.37 | $17.80 | x |
| 2024-12-31 | $16.87 | $17.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Pinnacle Bank 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): 8.94%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 22.02%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 8.56x
- Recent ROE (8.94%) is below the historical average (9.21%), 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 | 4.00% | 10.47% | 0.04x | 9.55x | $-1.75 Million |
| 2015 | 4.05% | 10.21% | 0.04x | 9.98x | $-1.51 Million |
| 2016 | 8.72% | 18.22% | 0.05x | 10.47x | $-361.22K |
| 2017 | 8.64% | 16.90% | 0.05x | 10.00x | $-465.80K |
| 2018 | 13.30% | 26.91% | 0.06x | 8.94x | $1.33 Million |
| 2019 | 10.36% | 24.36% | 0.05x | 7.81x | $192.48K |
| 2020 | 6.77% | 16.46% | 0.04x | 10.59x | $-1.88 Million |
| 2021 | 11.67% | 25.69% | 0.04x | 11.12x | $1.11 Million |
| 2022 | 11.47% | 25.77% | 0.04x | 10.29x | $1.08 Million |
| 2023 | 13.39% | 28.52% | 0.05x | 9.30x | $2.98 Million |
| 2024 | 8.94% | 22.02% | 0.05x | 8.56x | $-1.05 Million |
Industry Comparison
This section compares Pinnacle Bank'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 |
|---|---|---|---|---|
| Pinnacle Bank (PBNK) | $41.11 Million | 4.00% | 9.00x | $95.34 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 |