Blueharbor Bank
blueharbor bank provides various banking products and services in North Carolina. It accepts personal and business checking, savings, and investment accounts; time deposits; and offers personal loans, such as home equity line of credit and home mortgages, as well as business loans comprising small business and commercial construction loans, and lines of credit. The company also provides overdraft… Read more
Blueharbor Bank (BLHK) - Net Assets
Latest net assets as of June 2025: $59.18 Million USD
Based on the latest financial reports, Blueharbor Bank (BLHK) has net assets worth $59.18 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 ($544.34 Million) and total liabilities ($485.15 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 | $59.18 Million |
| % of Total Assets | 10.87% |
| Annual Growth Rate | 6.93% |
| 5-Year Change | 54.37% |
| 10-Year Change | 88.46% |
| Growth Volatility | 13.81 |
Blueharbor Bank - Net Assets Trend (2008–2023)
This chart illustrates how Blueharbor 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 Blueharbor Bank (2008–2023)
The table below shows the annual net assets of Blueharbor Bank from 2008 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $49.40 Million | +16.27% |
| 2022-12-31 | $42.49 Million | +6.25% |
| 2021-12-31 | $39.99 Million | +10.69% |
| 2020-12-31 | $36.13 Million | +12.89% |
| 2019-12-31 | $32.00 Million | +11.54% |
| 2018-12-31 | $28.69 Million | +14.61% |
| 2017-12-31 | $25.04 Million | +5.73% |
| 2016-12-31 | $23.68 Million | +5.08% |
| 2015-12-31 | $22.53 Million | -14.04% |
| 2014-12-31 | $26.21 Million | +44.93% |
| 2008-12-31 | $18.09 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Blueharbor 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 3143417100.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $29.57 Million | 59.86% |
| Other Components | $19.83 Million | 40.14% |
| Total Equity | $49.40 Million | 100.00% |
Blueharbor Bank Competitors by Market Cap
The table below lists competitors of Blueharbor Bank ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SCG Decor PCL
BK:SCGD
|
$61.51 Million |
|
TANAF
PINK:TANAF
|
$61.53 Million |
|
ROBERT WALTERS PLC LS-20
F:RBW
|
$61.53 Million |
|
Stealth Group Holdings Ltd
AU:SGI
|
$61.54 Million |
|
Auxly Cannabis Group Inc
OTCQX:CBWTF
|
$61.49 Million |
|
Scandinavian Astor Group AB
ST:ASTOR
|
$61.48 Million |
|
City Retail Developments Tbk PT
JK:NIRO
|
$61.48 Million |
|
China High Speed Transmission Equipment Group Co. Ltd
PINK:CHSTF
|
$61.47 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Blueharbor Bank's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 42,490,336 to 49,402,722, a change of 6,912,386 (16.3%).
- Net income of 7,159,963 contributed positively to equity growth.
- Share repurchases of 892,914 reduced equity.
- Other factors increased equity by 645,337.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $7.16 Million | +14.49% |
| Share Repurchases | $892.91K | -1.81% |
| Other Changes | $645.34K | +1.31% |
| Total Change | $- | 16.27% |
Book Value vs Market Value Analysis
This analysis compares Blueharbor 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: 1.32x
- 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 0.69x to 1.32x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | $32.26 | $22.25 | x |
| 2015-12-31 | $0.00 | $22.25 | x |
| 2016-12-31 | $0.00 | $22.25 | x |
| 2017-12-31 | $0.00 | $22.25 | x |
| 2018-12-31 | $0.00 | $22.25 | x |
| 2019-12-31 | $10.55 | $22.25 | x |
| 2020-12-31 | $12.44 | $22.25 | x |
| 2021-12-31 | $13.66 | $22.25 | x |
| 2022-12-31 | $14.47 | $22.25 | x |
| 2023-12-31 | $16.87 | $22.25 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Blueharbor 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): 14.49%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 39.49%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 8.71x
- Recent ROE (14.49%) is above the historical average (7.24%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | -10.29% | -244.04% | 0.02x | 2.42x | $-3.67 Million |
| 2014 | 5.32% | 21.52% | 0.04x | 6.25x | $-1.23 Million |
| 2015 | 4.11% | 16.41% | 0.04x | 6.89x | $-1.33 Million |
| 2016 | 5.18% | 19.81% | 0.04x | 7.36x | $-1.14 Million |
| 2017 | 5.30% | 18.51% | 0.04x | 8.16x | $-1.18 Million |
| 2018 | 8.38% | 29.85% | 0.04x | 7.46x | $-464.50K |
| 2019 | 9.54% | 32.16% | 0.04x | 7.68x | $-147.89K |
| 2020 | 9.25% | 30.65% | 0.03x | 8.99x | $-271.18K |
| 2021 | 12.08% | 36.56% | 0.03x | 10.27x | $830.46K |
| 2022 | 16.25% | 40.80% | 0.04x | 9.56x | $2.65 Million |
| 2023 | 14.49% | 39.49% | 0.04x | 8.71x | $2.22 Million |
Industry Comparison
This section compares Blueharbor 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 |
|---|---|---|---|---|
| Blueharbor Bank (BLHK) | $59.18 Million | -10.29% | 8.20x | $61.50 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 |