BankFLORIDA Bancorp Inc.
BankFLORIDA Bancorp, Inc. operates as the bank holding company for BankFlorida that provides various financial products and services to individuals and corporate customers. Its personal banking products and services include checking accounts, money market accounts, fixed rate term certificates of deposit, and residential mortgage loans. The company's corporate banking products and services includ… Read more
BankFLORIDA Bancorp Inc. (BKFL) - Net Assets
Latest net assets as of June 2025: $34.67 Million USD
Based on the latest financial reports, BankFLORIDA Bancorp Inc. (BKFL) has net assets worth $34.67 Million USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($407.60 Million) and total liabilities ($372.93 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 | $34.67 Million |
| % of Total Assets | 8.51% |
| Annual Growth Rate | 4.23% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 2.22 |
BankFLORIDA Bancorp Inc. - Net Assets Trend (2021–2024)
This chart illustrates how BankFLORIDA 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 BankFLORIDA Bancorp Inc. (2021–2024)
The table below shows the annual net assets of BankFLORIDA Bancorp Inc. from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $33.19 Million | +5.44% |
| 2023-12-31 | $31.48 Million | +6.19% |
| 2022-12-31 | $29.65 Million | +1.14% |
| 2021-12-31 | $29.31 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to BankFLORIDA 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 353100000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $37.21 Million | 112.09% |
| Total Equity | $33.19 Million | 100.00% |
BankFLORIDA Bancorp Inc. Competitors by Market Cap
The table below lists competitors of BankFLORIDA Bancorp Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CENT.+EAST.EUR.FD DL-001
F:EEE
|
$159.28K |
|
PGIM Short Duration High Yield Opportunities Fund
NYSE:SDHY
|
$159.45K |
|
CHINA GOLD INTL
BE:JI3
|
$159.56K |
|
Genesis Growth Tech Acquisition Corp.
PINK:GGAUF
|
$159.58K |
|
Sydinv Formue Offensiv Udb A
CO:SYVFOUA
|
$158.80K |
|
ORIENTAL LAND
BE:OLL
|
$158.74K |
|
Amundi Index Solutions - Amundi MSCI Europe SRI PAB
LSE:0P0001J2VW
|
$158.73K |
|
PLAST.OMNIUM
BE:EZM
|
$158.64K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in BankFLORIDA Bancorp Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 31,481,000 to 33,193,000, a change of 1,712,000 (5.4%).
- Net loss of 377,000 reduced equity.
- Other factors increased equity by 2,089,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-377.00K | -1.14% |
| Other Changes | $2.09 Million | +6.29% |
| Total Change | $- | 5.44% |
Book Value vs Market Value Analysis
This analysis compares BankFLORIDA 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: 1.53x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 1.74x to 1.53x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | $9.22 | $16.00 | x |
| 2022-12-31 | $9.32 | $16.00 | x |
| 2023-12-31 | $9.90 | $16.00 | x |
| 2024-12-31 | $10.44 | $16.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently BankFLORIDA 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): -1.14%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -4.39%
- • Asset Turnover: 0.02x
- • Equity Multiplier: 11.14x
- Recent ROE (-1.14%) is below the historical average (3.50%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 2.20% | 9.61% | 0.02x | 9.27x | $-2.29 Million |
| 2022 | 9.06% | 23.55% | 0.04x | 10.87x | $-278.60K |
| 2023 | 3.88% | 12.48% | 0.03x | 10.22x | $-1.93 Million |
| 2024 | -1.14% | -4.39% | 0.02x | 11.14x | $-3.70 Million |
Industry Comparison
This section compares BankFLORIDA 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 |
|---|---|---|---|---|
| BankFLORIDA Bancorp Inc. (BKFL) | $34.67 Million | 2.20% | 10.76x | $158.82K |
| 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 |