California First National Bancorp
California First Leasing Corporation engages in the provision of loans and lease financing for universities, businesses, other commercial or non-profit organizations, healthcare, and state and local municipalities. The company was formerly known as California First National Bancorp and changed its name to California First Leasing Corporation in February 2021. California First Leasing Corporation … Read more
California First National Bancorp (CFNB) - Net Assets
Latest net assets as of June 2025: $256.76 Million USD
Based on the latest financial reports, California First National Bancorp (CFNB) has net assets worth $256.76 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 ($281.54 Million) and total liabilities ($24.79 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 | $256.76 Million |
| % of Total Assets | 91.2% |
| Annual Growth Rate | 1.73% |
| 5-Year Change | 11.49% |
| 10-Year Change | 34.41% |
| Growth Volatility | 5.45 |
California First National Bancorp - Net Assets Trend (2000–2025)
This chart illustrates how California First National 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 California First National Bancorp (2000–2025)
The table below shows the annual net assets of California First National Bancorp from 2000 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | $256.76 Million | +5.81% |
| 2024-06-30 | $242.66 Million | +10.61% |
| 2023-06-30 | $219.38 Million | +3.54% |
| 2022-06-30 | $211.88 Million | -8.00% |
| 2021-06-30 | $230.30 Million | +15.37% |
| 2020-06-30 | $199.62 Million | -3.71% |
| 2019-06-30 | $207.30 Million | +1.14% |
| 2018-06-30 | $204.96 Million | +4.50% |
| 2017-06-30 | $196.13 Million | +2.68% |
| 2016-06-30 | $191.02 Million | +1.49% |
| 2015-06-30 | $188.22 Million | +2.43% |
| 2014-06-30 | $183.75 Million | +1.58% |
| 2013-06-30 | $180.88 Million | -7.92% |
| 2012-06-30 | $196.44 Million | -1.59% |
| 2011-06-30 | $199.62 Million | +0.54% |
| 2010-06-30 | $198.55 Million | +3.75% |
| 2009-06-30 | $191.38 Million | -5.47% |
| 2008-06-30 | $202.46 Million | +2.42% |
| 2007-06-30 | $197.67 Million | +2.14% |
| 2006-06-30 | $193.53 Million | +3.53% |
| 2005-06-30 | $186.94 Million | -8.30% |
| 2004-06-30 | $203.85 Million | +3.33% |
| 2003-06-30 | $197.28 Million | +3.08% |
| 2002-06-30 | $191.39 Million | +6.77% |
| 2001-06-30 | $179.25 Million | +7.22% |
| 2000-06-30 | $167.18 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to California First National 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 56.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $255.10 Million | 99.35% |
| Other Components | $1.66 Million | 0.65% |
| Total Equity | $256.76 Million | 100.00% |
California First National Bancorp Competitors by Market Cap
The table below lists competitors of California First National Bancorp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Grey Cloak Tech Inc
OTCQB:HYEX
|
$4.44 Million |
|
DUG Foodtech AB (publ)
ST:VUXEN
|
$4.44 Million |
|
DRC Systems India Limited
NSE:DRCSYSTEMS
|
$4.44 Million |
|
Sunlands Technology Group
NYSE:STG
|
$4.44 Million |
|
Co-Diagnostics, Inc. Common Stock
NASDAQ:CODX
|
$4.44 Million |
|
Ravelin Properties REIT
TO:RPR-UN
|
$4.43 Million |
|
Glacier Media Inc
PINK:GLMFF
|
$4.43 Million |
|
MILIBOO. S.A. EO -10
F:7X2
|
$4.43 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in California First National Bancorp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 242,659,000 to 256,756,000, a change of 14,097,000 (5.8%).
- Net income of 20,275,000 contributed positively to equity growth.
- Share repurchases of 6,178,000 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $20.27 Million | +7.9% |
| Share Repurchases | $6.18 Million | -2.41% |
| Total Change | $- | 5.81% |
Book Value vs Market Value Analysis
This analysis compares California First National 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: 0.66x
- 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 1.12x to 0.66x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-06-30 | $16.99 | $19.00 | x |
| 2006-06-30 | $17.59 | $19.00 | x |
| 2007-06-30 | $16.47 | $19.00 | x |
| 2008-06-30 | $16.87 | $19.00 | x |
| 2009-06-30 | $19.14 | $19.00 | x |
| 2010-06-30 | $19.85 | $19.00 | x |
| 2011-06-30 | $19.96 | $19.00 | x |
| 2012-06-30 | $19.64 | $19.00 | x |
| 2013-06-30 | $18.09 | $19.00 | x |
| 2014-06-30 | $18.37 | $19.00 | x |
| 2015-06-30 | $18.82 | $19.00 | x |
| 2016-06-30 | $19.10 | $19.00 | x |
| 2017-06-30 | $19.07 | $19.00 | x |
| 2018-06-30 | $19.93 | $19.00 | x |
| 2019-06-30 | $20.16 | $19.00 | x |
| 2020-06-30 | $19.41 | $19.00 | x |
| 2021-06-30 | $22.39 | $19.00 | x |
| 2022-06-30 | $20.60 | $19.00 | x |
| 2023-06-30 | $22.61 | $19.00 | x |
| 2024-06-30 | $26.07 | $19.00 | x |
| 2025-06-30 | $28.59 | $19.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently California First National 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): 7.90%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 76.70%
- • Asset Turnover: 0.09x
- • Equity Multiplier: 1.10x
- Recent ROE (7.90%) is above the historical average (5.17%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 11.97% | 24.98% | 0.20x | 2.45x | $3.29 Million |
| 2001 | 8.84% | 24.11% | 0.20x | 1.88x | $-2.07 Million |
| 2002 | 7.73% | 33.43% | 0.14x | 1.61x | $-4.34 Million |
| 2003 | 5.44% | 29.90% | 0.13x | 1.41x | $-9.00 Million |
| 2004 | 4.81% | 27.40% | 0.13x | 1.35x | $-10.58 Million |
| 2005 | 4.37% | 23.67% | 0.12x | 1.49x | $-10.52 Million |
| 2006 | 5.54% | 29.90% | 0.11x | 1.62x | $-8.63 Million |
| 2007 | 5.00% | 27.42% | 0.11x | 1.67x | $-9.88 Million |
| 2008 | 3.45% | 20.56% | 0.09x | 1.91x | $-13.26 Million |
| 2009 | 4.86% | 25.38% | 0.07x | 2.56x | $-9.84 Million |
| 2010 | 5.60% | 31.91% | 0.08x | 2.28x | $-8.73 Million |
| 2011 | 5.46% | 32.40% | 0.06x | 2.63x | $-9.06 Million |
| 2012 | -2.73% | -18.21% | 0.06x | 2.47x | $-25.02 Million |
| 2013 | -2.39% | -16.51% | 0.05x | 3.09x | $-22.42 Million |
| 2014 | 3.84% | 31.95% | 0.04x | 3.15x | $-11.32 Million |
| 2015 | 4.81% | 37.97% | 0.03x | 3.88x | $-9.77 Million |
| 2016 | 4.53% | 32.79% | 0.03x | 4.65x | $-10.45 Million |
| 2017 | 5.67% | 37.76% | 0.04x | 3.65x | $-8.49 Million |
| 2018 | 6.10% | 59.05% | 0.05x | 1.90x | $-7.99 Million |
| 2019 | 3.54% | 47.81% | 0.05x | 1.47x | $-13.40 Million |
| 2020 | -1.18% | -54.17% | 0.02x | 1.34x | $-22.33 Million |
| 2021 | 15.73% | 74.37% | 0.20x | 1.05x | $13.20 Million |
| 2022 | -5.98% | 0.00% | -0.07x | 1.02x | $-33.85 Million |
| 2023 | 7.69% | 68.67% | 0.11x | 1.04x | $-5.08 Million |
| 2024 | 13.83% | 68.30% | 0.19x | 1.08x | $9.30 Million |
| 2025 | 7.90% | 76.70% | 0.09x | 1.10x | $-5.40 Million |
Industry Comparison
This section compares California First National Bancorp's net assets metrics with peer companies in the Credit Services industry.
Industry Context
- Industry: Credit Services
- Average net assets among peers: $42,167,772,618
- Average return on equity (ROE) among peers: 3.49%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| California First National Bancorp (CFNB) | $256.76 Million | 11.97% | 0.10x | $4.44 Million |
| Accord Financial Corp (ACCFF) | $103.96 Million | 11.43% | 4.00x | $8.00 Million |
| Acom Co. Ltd (ACJJF) | $306.73 Billion | 3.47% | 2.77x | $799.50 Million |
| Affirm Holdings Inc (AFRM) | $3.07 Billion | 1.70% | 2.63x | $13.28 Billion |
| Federal Agricultural Mortgage Corporation (AGM) | $47.20 Million | 1.69% | 11.77x | $1.51 Billion |
| Aiful Corp (AIFLF) | $97.47 Billion | -37.44% | 4.75x | $852.52 Million |
| Jianpu Technology Inc (AIJTY) | $520.74 Million | 20.38% | 0.93x | $16.37 Million |
| AIOS Tech Inc. (AIOS) | $40.53 Million | 17.61% | 0.35x | $2.83 Million |
| Ally Financial Inc (ALLY) | $13.49 Billion | 6.88% | 11.39x | $10.34 Billion |
| Alpha Investment Inc (ALPC) | $-38.66K | 0.00% | 0.00x | $166.69 Million |
| Antalpha Platform Holding Co (ANTA) | $202.32 Million | 9.14% | 10.90x | $14.83 Million |