Ledyard Financial Group Inc
Ledyard Financial Group, Inc. operates as the bank holding company for Ledyard National Bank that provides retail and commercial banking, and wealth advisory services in New Hampshire and Vermont. It operates in two segments, Banking and Wealth Advisory Services. The company offers checking, savings, money market, health savings, and individual retirement accounts, as well as certificates of depo… Read more
Ledyard Financial Group Inc (LFGP) - Net Assets
Latest net assets as of June 2025: $56.52 Million USD
Based on the latest financial reports, Ledyard Financial Group Inc (LFGP) has net assets worth $56.52 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 ($993.35 Million) and total liabilities ($936.82 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 | $56.52 Million |
| % of Total Assets | 5.69% |
| Annual Growth Rate | 3.01% |
| 5-Year Change | -15.47% |
| 10-Year Change | 28.35% |
| Growth Volatility | 11.99 |
Ledyard Financial Group Inc - Net Assets Trend (2014–2024)
This chart illustrates how Ledyard Financial Group Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Ledyard Financial Group Inc (2014–2024)
The table below shows the annual net assets of Ledyard Financial Group Inc from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $56.54 Million | +0.92% |
| 2023-12-31 | $56.02 Million | +5.70% |
| 2022-12-31 | $53.00 Million | -27.10% |
| 2021-12-31 | $72.71 Million | +8.70% |
| 2020-12-31 | $66.88 Million | +19.15% |
| 2019-12-31 | $56.13 Million | +15.76% |
| 2018-12-31 | $48.49 Million | +3.97% |
| 2017-12-31 | $46.64 Million | +8.75% |
| 2016-12-31 | $42.89 Million | -2.63% |
| 2015-12-31 | $44.05 Million | +4.85% |
| 2014-12-31 | $42.01 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ledyard Financial Group Inc'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 80.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $55.90 Million | 98.87% |
| Other Components | $639.23K | 1.13% |
| Total Equity | $56.54 Million | 100.00% |
Ledyard Financial Group Inc Competitors by Market Cap
The table below lists competitors of Ledyard Financial Group Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
VYTRUS BIOTECH EO -01
F:V5P
|
$42.92 Million |
|
Studsvik AB
ST:SVIK
|
$42.93 Million |
|
Appeninn Vagyonkezelo Holding Nyilvanosan Mukodo Reszvenytarsasag
F:0AP
|
$42.96 Million |
|
XBiotech Inc
NASDAQ:XBIT
|
$42.96 Million |
|
Ya Horng Electronic Co Ltd
TW:6201
|
$42.91 Million |
|
Talenom Oyj
HE:TNOM
|
$42.88 Million |
|
Victoria plc
PINK:VCCTF
|
$42.85 Million |
|
Intek Group S.p.A
F:MTJ3
|
$42.85 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ledyard Financial Group Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 56,020,083 to 56,536,988, a change of 516,905 (0.9%).
- Net income of 3,261,302 contributed positively to equity growth.
- Dividend payments of 2,855,250 reduced retained earnings.
- Share repurchases of 55,557 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $3.26 Million | +5.77% |
| Dividends Paid | $2.86 Million | -5.05% |
| Share Repurchases | $55.56K | -0.1% |
| Other Changes | $166.41K | +0.29% |
| Total Change | $- | 0.92% |
Book Value vs Market Value Analysis
This analysis compares Ledyard Financial Group Inc'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: 0.89x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | $0.00 | $14.75 | x |
| 2016-12-31 | $0.00 | $14.75 | x |
| 2017-12-31 | $14.05 | $14.75 | x |
| 2018-12-31 | $15.02 | $14.75 | x |
| 2019-12-31 | $17.19 | $14.75 | x |
| 2020-12-31 | $20.13 | $14.75 | x |
| 2021-12-31 | $21.70 | $14.75 | x |
| 2022-12-31 | $15.83 | $14.75 | x |
| 2023-12-31 | $16.64 | $14.75 | x |
| 2024-12-31 | $16.58 | $14.75 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ledyard Financial Group Inc 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): 5.77%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.81%
- • Asset Turnover: 0.03x
- • Equity Multiplier: 16.81x
- Recent ROE (5.77%) is below the historical average (9.35%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 9.45% | 16.87% | 0.05x | 10.34x | $-232.20K |
| 2015 | 9.22% | 17.67% | 0.05x | 10.13x | $-343.45K |
| 2016 | 9.63% | 17.49% | 0.05x | 11.11x | $-160.53K |
| 2017 | 8.24% | 15.17% | 0.05x | 10.22x | $-819.02K |
| 2018 | 10.62% | 18.61% | 0.06x | 10.06x | $303.03K |
| 2019 | 10.36% | 20.22% | 0.06x | 8.91x | $202.72K |
| 2020 | 10.06% | 21.14% | 0.05x | 10.24x | $40.80K |
| 2021 | 10.68% | 23.31% | 0.04x | 10.61x | $494.57K |
| 2022 | 13.17% | 23.35% | 0.04x | 14.03x | $1.68 Million |
| 2023 | 5.65% | 10.09% | 0.04x | 15.28x | $-2.44 Million |
| 2024 | 5.77% | 9.81% | 0.03x | 16.81x | $-2.39 Million |
Industry Comparison
This section compares Ledyard Financial Group Inc'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 |
|---|---|---|---|---|
| Ledyard Financial Group Inc (LFGP) | $56.52 Million | 9.45% | 16.57x | $42.92 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 |