Citba Financial Corp
CITBA Financial Corporation operates as the holding company for Citizens Bank that provides various banking services in the United States. The company offers community, relationship, student, heritage, and heroes checking accounts; regular, money market, premium rate plus, junior, and health savings account, as well as certificate of deposit and individual retirement account; and business checkin… Read more
Citba Financial Corp (CBAF) - Net Assets
Latest net assets as of June 2025: $61.08 Million USD
Based on the latest financial reports, Citba Financial Corp (CBAF) has net assets worth $61.08 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 ($663.45 Million) and total liabilities ($602.38 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 | $61.08 Million |
| % of Total Assets | 9.21% |
| Annual Growth Rate | 4.4% |
| 5-Year Change | -9.02% |
| 10-Year Change | 40.64% |
| Growth Volatility | 7.91 |
Citba Financial Corp - Net Assets Trend (2011–2024)
This chart illustrates how Citba Financial Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Citba Financial Corp (2011–2024)
The table below shows the annual net assets of Citba Financial Corp from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $57.00 Million | -1.79% |
| 2023-12-31 | $58.04 Million | +12.66% |
| 2022-12-31 | $51.51 Million | -16.93% |
| 2021-12-31 | $62.01 Million | -1.02% |
| 2020-12-31 | $62.65 Million | +13.14% |
| 2019-12-31 | $55.37 Million | +15.46% |
| 2018-12-31 | $47.96 Million | +6.42% |
| 2017-12-31 | $45.07 Million | +5.55% |
| 2016-12-31 | $42.70 Million | +5.35% |
| 2015-12-31 | $40.53 Million | +6.53% |
| 2014-12-31 | $38.04 Million | +5.01% |
| 2013-12-31 | $36.23 Million | +3.01% |
| 2012-12-31 | $35.17 Million | +7.95% |
| 2011-12-31 | $32.58 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Citba Financial Corp'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 117.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $59.72 Million | 104.77% |
| Total Equity | $57.00 Million | 100.00% |
Citba Financial Corp Competitors by Market Cap
The table below lists competitors of Citba Financial Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
IMC SA
WAR:IMC
|
$47.51 Million |
|
APx Acquisition I Corp
NASDAQ:APXI
|
$47.51 Million |
|
CarrefourSA Carrefour Sabanci Ticaret Merkezi AS
IS:CRFSA
|
$47.52 Million |
|
Wha Yu Industrial Co Ltd
TW:3419
|
$47.52 Million |
|
Synnex (Thailand) Public Company Limited
BK:SYNEX
|
$47.49 Million |
|
NL Industries Inc
NYSE:NL
|
$47.45 Million |
|
Alro Slatina
RO:ALR
|
$47.45 Million |
|
Hongli Group Inc. Ordinary Shares
NASDAQ:HLP
|
$47.45 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Citba Financial Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 58,036,672 to 56,999,000, a change of -1,037,672 (-1.8%).
- Net income of 3,745,000 contributed positively to equity growth.
- Other factors decreased equity by 4,782,672.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $3.75 Million | +6.57% |
| Other Changes | $-4.78 Million | -8.39% |
| Total Change | $- | -1.79% |
Book Value vs Market Value Analysis
This analysis compares Citba Financial Corp'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: 0.84x
- 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 0.84x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | $24.31 | $29.50 | x |
| 2018-12-31 | $25.87 | $29.50 | x |
| 2019-12-31 | $29.87 | $29.50 | x |
| 2020-12-31 | $33.79 | $29.50 | x |
| 2021-12-31 | $34.56 | $29.50 | x |
| 2022-12-31 | $29.91 | $29.50 | x |
| 2023-12-31 | $34.25 | $29.50 | x |
| 2024-12-31 | $35.05 | $29.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Citba Financial Corp 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): 6.57%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 16.87%
- • Asset Turnover: 0.03x
- • Equity Multiplier: 11.29x
- Recent ROE (6.57%) is below the historical average (7.25%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 4.44% | 9.42% | 0.04x | 10.93x | $-1.81 Million |
| 2012 | 5.99% | 12.67% | 0.05x | 10.37x | $-1.41 Million |
| 2013 | 6.69% | 14.50% | 0.04x | 10.44x | $-1.20 Million |
| 2014 | 2.57% | 6.09% | 0.04x | 10.40x | $-2.83 Million |
| 2015 | 7.51% | 16.44% | 0.04x | 10.53x | $-1.01 Million |
| 2016 | 7.49% | 19.22% | 0.04x | 10.47x | $-1.07 Million |
| 2017 | 6.67% | 17.40% | 0.04x | 10.26x | $-1.50 Million |
| 2018 | 8.89% | 22.66% | 0.04x | 10.02x | $-534.55K |
| 2019 | 9.56% | 27.07% | 0.04x | 8.79x | $-240.94K |
| 2020 | 8.46% | 25.17% | 0.04x | 9.40x | $-967.21K |
| 2021 | 7.28% | 22.15% | 0.03x | 10.28x | $-1.69 Million |
| 2022 | 9.86% | 22.28% | 0.04x | 12.27x | $-71.46K |
| 2023 | 9.47% | 23.52% | 0.04x | 11.17x | $-305.67K |
| 2024 | 6.57% | 16.87% | 0.03x | 11.29x | $-1.95 Million |
Industry Comparison
This section compares Citba Financial Corp'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 |
|---|---|---|---|---|
| Citba Financial Corp (CBAF) | $61.08 Million | 4.44% | 9.86x | $47.51 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 |