Lumbee Guaranty Bank
Lumbee Guaranty Bank provides various financial products and services in the United States. It offers personal and business checking and savings accounts; personal certificates of deposit and individual retirement accounts; and business investment accounts. The company also provides mortgage, auto, recreational vehicle, personal, agriculture, working capital, real estate development, and business… Read more
Lumbee Guaranty Bank (LUMB) - Net Assets
Latest net assets as of June 2025: $48.19 Million USD
Based on the latest financial reports, Lumbee Guaranty Bank (LUMB) has net assets worth $48.19 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 ($522.80 Million) and total liabilities ($474.61 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 | $48.19 Million |
| % of Total Assets | 9.22% |
| Annual Growth Rate | 2.54% |
| 5-Year Change | 3.31% |
| 10-Year Change | N/A |
| Growth Volatility | 11.2 |
Lumbee Guaranty Bank - Net Assets Trend (2017–2023)
This chart illustrates how Lumbee Guaranty 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 Lumbee Guaranty Bank (2017–2023)
The table below shows the annual net assets of Lumbee Guaranty Bank from 2017 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $42.28 Million | +19.47% |
| 2022-12-31 | $35.39 Million | -18.17% |
| 2021-12-31 | $43.25 Million | +0.70% |
| 2020-12-31 | $42.95 Million | +4.94% |
| 2019-12-31 | $40.93 Million | +7.78% |
| 2018-12-31 | $37.97 Million | +4.39% |
| 2017-12-31 | $36.38 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Lumbee Guaranty 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 77.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $42.68 Million | 100.94% |
| Total Equity | $42.28 Million | 100.00% |
Lumbee Guaranty Bank Competitors by Market Cap
The table below lists competitors of Lumbee Guaranty Bank ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shin Nippon Biomedical Laboratories, Ltd.
PINK:SBLOF
|
$38.82 Million |
|
Daehan New Pharm Co. Ltd
KQ:054670
|
$38.84 Million |
|
Neogrid Participações S.A
SA:NGRD3
|
$38.85 Million |
|
Man Zai Industrial Co Ltd
TWO:4543
|
$38.85 Million |
|
Pappajack Bhd
KLSE:0242
|
$38.79 Million |
|
MIRA Pharmaceuticals, Inc. Common Stock
NASDAQ:MIRA
|
$38.79 Million |
|
Widepoint C
NYSE MKT:WYY
|
$38.78 Million |
|
IMPACT Silver Corp.
PINK:ISVLF
|
$38.78 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lumbee Guaranty Bank's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 35,390,345 to 42,281,065, a change of 6,890,720 (19.5%).
- Net income of 5,957,400 contributed positively to equity growth.
- Dividend payments of 1,041,515 reduced retained earnings.
- Share repurchases of 8,366 reduced equity.
- Other factors increased equity by 1,983,201.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $5.96 Million | +14.09% |
| Dividends Paid | $1.04 Million | -2.46% |
| Share Repurchases | $8.37K | -0.02% |
| Other Changes | $1.98 Million | +4.69% |
| Total Change | $- | 19.47% |
Book Value vs Market Value Analysis
This analysis compares Lumbee Guaranty 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: 0.95x
- 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 1.10x to 0.95x 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 | $10.98 | $12.05 | x |
| 2018-12-31 | $11.46 | $12.05 | x |
| 2019-12-31 | $12.35 | $12.05 | x |
| 2020-12-31 | $12.69 | $12.05 | x |
| 2021-12-31 | $12.87 | $12.05 | x |
| 2022-12-31 | $10.60 | $12.05 | x |
| 2023-12-31 | $12.66 | $12.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lumbee Guaranty 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): 14.09%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 30.20%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 12.29x
- Recent ROE (14.09%) is above the historical average (9.10%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 5.10% | 13.23% | 0.04x | 8.78x | $-1.78 Million |
| 2018 | 8.17% | 21.29% | 0.04x | 8.86x | $-693.94K |
| 2019 | 7.34% | 20.33% | 0.04x | 8.40x | $-1.09 Million |
| 2020 | 5.75% | 17.44% | 0.03x | 9.71x | $-1.83 Million |
| 2021 | 9.30% | 25.36% | 0.03x | 10.94x | $-302.18K |
| 2022 | 13.95% | 29.24% | 0.03x | 13.69x | $1.40 Million |
| 2023 | 14.09% | 30.20% | 0.04x | 12.29x | $1.73 Million |
Industry Comparison
This section compares Lumbee Guaranty Bank's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $22,823,266,317
- Average return on equity (ROE) among peers: 14.64%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lumbee Guaranty Bank (LUMB) | $48.19 Million | 5.10% | 9.85x | $38.80 Million |
| Ameris Bancorp (ABCB) | $514.76 Million | 7.94% | 9.86x | $4.91 Billion |
| ACNB Corporation (ACNB) | $106.80 Million | 8.72% | 8.79x | $452.68 Million |
| Addiko Bank AG (ADBKF) | $6.08 Billion | 0.58% | 0.00x | $210.07 Million |
| Affinity Bancshares Inc (AFBI) | $80.78 Million | 3.82% | 9.53x | $79.98 Million |
| Absa Group Limited (AGRPF) | $56.49 Billion | 12.11% | 11.71x | $6.72 Billion |
| AIB Group plc (AIBGY) | $2.74 Billion | 18.02% | 16.84x | $21.72 Billion |
| Akbank Turk Anonim Sirketi (AKBTY) | $153.61 Billion | 39.08% | 6.47x | $8.60 Billion |
| Alpha Bank SA (ALBKY) | $8.37 Billion | 34.92% | 7.81x | $1.12 Billion |
| Community Capital Bancshares Inc (ALBY) | $9.19 Million | 7.09% | 8.66x | $19.76 Million |
| Alpine Banks of Colorado (ALPIB) | $235.94 Million | 14.17% | 11.96x | $248.47 Million |