Dogwood State Bank
Dogwood State Bank, a state-chartered community bank, provides banking products and services to businesses, business owners, professionals, and their employees in North Carolina. It offers personal and business checking accounts; savings accounts; money market accounts; individual retirement accounts; and certificates of deposit. The company also provides business financing services, including bu… Read more
Dogwood State Bank (DSBX) - Net Assets
Latest net assets as of June 2025: $246.46 Million USD
Based on the latest financial reports, Dogwood State Bank (DSBX) has net assets worth $246.46 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 ($2.36 Billion) and total liabilities ($2.12 Billion). 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 | $246.46 Million |
| % of Total Assets | 10.43% |
| Annual Growth Rate | 17.75% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 11.92 |
Dogwood State Bank - Net Assets Trend (2019–2023)
This chart illustrates how Dogwood State 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 Dogwood State Bank (2019–2023)
The table below shows the annual net assets of Dogwood State Bank from 2019 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $164.50 Million | +19.28% |
| 2022-12-31 | $137.92 Million | +15.94% |
| 2021-12-31 | $118.96 Million | +35.83% |
| 2020-12-31 | $87.58 Million | +2.35% |
| 2019-12-31 | $85.56 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Dogwood State 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 2437300000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $22.41 Million | 13.62% |
| Other Components | $142.10 Million | 86.38% |
| Total Equity | $164.50 Million | 100.00% |
Dogwood State Bank Competitors by Market Cap
The table below lists competitors of Dogwood State Bank ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
M1 Kliniken AG
PINK:MKLNF
|
$214.81 Million |
|
Shanghai Supezet Engineering Technology Corp Ltd
SHG:688121
|
$214.86 Million |
|
Wonderful Hi-Tech Co Ltd
TWO:6190
|
$214.94 Million |
|
Zhejiang Aokang Shoes Co Ltd
SHG:603001
|
$215.04 Million |
|
Sitios Latinoamérica S.A.B. de C.V.
PINK:SLAAF
|
$214.72 Million |
|
COMNAV ORD A (SHH) EQSW Exp:
SHG:688592
|
$214.68 Million |
|
Pecoy Copper Corp.
V:PCU
|
$214.66 Million |
|
UD Electronic
TWO:3689
|
$214.59 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Dogwood State Bank's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 137,917,000 to 164,503,000, a change of 26,586,000 (19.3%).
- Net income of 10,648,000 contributed positively to equity growth.
- New share issuances of 16,147,000 increased equity.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $10.65 Million | +6.47% |
| Share Issuances | $16.15 Million | +9.82% |
| Other Changes | $-209.00K | -0.13% |
| Total Change | $- | 19.28% |
Book Value vs Market Value Analysis
This analysis compares Dogwood State 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 decreased from 1.86x to 1.32x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | $7.93 | $14.75 | x |
| 2021-12-31 | $9.07 | $14.75 | x |
| 2022-12-31 | $9.97 | $14.75 | x |
| 2023-12-31 | $11.18 | $14.75 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Dogwood State 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): 6.47%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 19.39%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 8.70x
- Recent ROE (6.47%) is above the historical average (2.97%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -3.22% | -23.43% | 0.03x | 4.06x | $-11.31 Million |
| 2020 | 0.20% | 0.81% | 0.04x | 6.98x | $-8.58 Million |
| 2021 | 3.69% | 10.73% | 0.04x | 7.78x | $-7.50 Million |
| 2022 | 7.68% | 21.97% | 0.04x | 8.11x | $-3.20 Million |
| 2023 | 6.47% | 19.39% | 0.04x | 8.70x | $-5.80 Million |
Industry Comparison
This section compares Dogwood State 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 |
|---|---|---|---|---|
| Dogwood State Bank (DSBX) | $246.46 Million | -3.22% | 8.59x | $214.75 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 |