Freedom Bank of Virginia
Freedom Financial Holdings, Inc. operates as the bank holding company for The Freedom Bank of Virginia that provides commercial banking, personal banking, and mortgage banking solutions in Vienna, Fairfax, Chantilly, Reston, and Manassas, Virginia. The company offers personal and business checking accounts, interest-bearing business savings accounts, money market accounts, personal savings accoun… Read more
Freedom Bank of Virginia (FDVA) - Net Assets
Latest net assets as of June 2025: $84.12 Million USD
Based on the latest financial reports, Freedom Bank of Virginia (FDVA) has net assets worth $84.12 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 ($1.07 Billion) and total liabilities ($987.96 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 | $84.12 Million |
| % of Total Assets | 7.85% |
| Annual Growth Rate | 10.69% |
| 5-Year Change | 20.62% |
| 10-Year Change | 159.42% |
| Growth Volatility | 12.82 |
Freedom Bank of Virginia - Net Assets Trend (2012–2023)
This chart illustrates how Freedom Bank of Virginia's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Freedom Bank of Virginia (2012–2023)
The table below shows the annual net assets of Freedom Bank of Virginia from 2012 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $77.23 Million | +3.04% |
| 2022-12-31 | $74.95 Million | -10.95% |
| 2021-12-31 | $84.16 Million | +14.57% |
| 2020-12-31 | $73.46 Million | +14.73% |
| 2019-12-31 | $64.03 Million | +8.31% |
| 2018-12-31 | $59.11 Million | +6.91% |
| 2017-12-31 | $55.29 Million | +7.04% |
| 2016-12-31 | $51.66 Million | +21.31% |
| 2015-12-31 | $42.58 Million | +43.04% |
| 2014-12-31 | $29.77 Million | +13.97% |
| 2013-12-31 | $26.12 Million | +3.38% |
| 2012-12-31 | $25.26 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Freedom Bank of Virginia'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 3655098300.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $36.55 Million | 47.33% |
| Other Components | $40.68 Million | 52.67% |
| Total Equity | $77.23 Million | 100.00% |
Freedom Bank of Virginia Competitors by Market Cap
The table below lists competitors of Freedom Bank of Virginia ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Columbus Acquisition Corp Ordinary Shares
NASDAQ:COLA
|
$65.20 Million |
|
452280
KQ:452280
|
$65.22 Million |
|
Arch Biopartners Inc
OTCQB:ACHFF
|
$65.25 Million |
|
BYGGPARTNER GRUPPEN
F:H05
|
$65.28 Million |
|
TRUBAR Inc.
V:TRBR
|
$65.18 Million |
|
United Radiant Technology
TWO:5315
|
$65.18 Million |
|
Killbuck Bancshares Inc
PINK:KLIB
|
$65.17 Million |
|
Vera Bradley Inc
NASDAQ:VRA
|
$65.13 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Freedom Bank of Virginia's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 74,946,129 to 77,228,054, a change of 2,281,925 (3.0%).
- Net income of 2,318,696 contributed positively to equity growth.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $2.32 Million | +3.0% |
| Other Changes | $-36.77K | -0.05% |
| Total Change | $- | 3.04% |
Book Value vs Market Value Analysis
This analysis compares Freedom Bank of Virginia'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: 0.93x
- 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 1.17x to 0.93x 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 | $8.47 | $9.90 | x |
| 2018-12-31 | $8.33 | $9.90 | x |
| 2019-12-31 | $8.87 | $9.90 | x |
| 2020-12-31 | $10.09 | $9.90 | x |
| 2021-12-31 | $11.45 | $9.90 | x |
| 2022-12-31 | $10.33 | $9.90 | x |
| 2023-12-31 | $10.64 | $9.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Freedom Bank of Virginia 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): 3.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.54%
- • Asset Turnover: 0.03x
- • Equity Multiplier: 14.05x
- Recent ROE (3.00%) is below the historical average (6.17%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 4.72% | 11.04% | 0.05x | 9.45x | $-1.33 Million |
| 2013 | 5.25% | 11.30% | 0.04x | 10.50x | $-1.24 Million |
| 2014 | 5.37% | 11.25% | 0.04x | 11.51x | $-1.38 Million |
| 2015 | 4.04% | 10.71% | 0.04x | 9.40x | $-2.54 Million |
| 2016 | 5.31% | 13.03% | 0.04x | 9.61x | $-2.42 Million |
| 2017 | 4.87% | 12.22% | 0.04x | 9.64x | $-2.83 Million |
| 2018 | 0.32% | 0.99% | 0.04x | 8.10x | $-5.72 Million |
| 2019 | 4.23% | 13.08% | 0.04x | 7.82x | $-3.70 Million |
| 2020 | 10.03% | 22.34% | 0.04x | 10.44x | $18.65K |
| 2021 | 12.75% | 28.92% | 0.04x | 10.42x | $2.31 Million |
| 2022 | 14.09% | 28.61% | 0.04x | 13.22x | $3.07 Million |
| 2023 | 3.00% | 7.54% | 0.03x | 14.05x | $-5.40 Million |
Industry Comparison
This section compares Freedom Bank of Virginia'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 |
|---|---|---|---|---|
| Freedom Bank of Virginia (FDVA) | $84.12 Million | 4.72% | 11.74x | $65.19 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 |