PSB Holdings Inc
PSB Holdings, Inc. operates as a bank holding company for Peoples State Bank that provides a range of retail consumer and commercial banking products and services to individuals and businesses in the United States. It offers checking, savings, money market, health savings, and individual retirement accounts; credit, debit, and prepaid cards; overdraft; cash management and private banking services… Read more
PSB Holdings Inc (PSBQ) - Net Assets
Latest net assets as of June 2025: $123.28 Million USD
Based on the latest financial reports, PSB Holdings Inc (PSBQ) has net assets worth $123.28 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 ($1.51 Billion) and total liabilities ($1.38 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 | $123.28 Million |
| % of Total Assets | 8.18% |
| Annual Growth Rate | 6.76% |
| 5-Year Change | 17.9% |
| 10-Year Change | 77.82% |
| Growth Volatility | 5.17 |
PSB Holdings Inc - Net Assets Trend (2010–2023)
This chart illustrates how PSB Holdings 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 PSB Holdings Inc (2010–2023)
The table below shows the annual net assets of PSB Holdings Inc from 2010 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $109.29 Million | +7.21% |
| 2022-12-31 | $101.94 Million | -8.38% |
| 2021-12-31 | $111.26 Million | +6.55% |
| 2020-12-31 | $104.43 Million | +12.66% |
| 2019-12-31 | $92.69 Million | +14.66% |
| 2018-12-31 | $80.84 Million | +9.57% |
| 2017-12-31 | $73.78 Million | +6.85% |
| 2016-12-31 | $69.05 Million | +6.10% |
| 2015-12-31 | $65.08 Million | +5.90% |
| 2014-12-31 | $61.46 Million | +8.30% |
| 2013-12-31 | $56.75 Million | +4.24% |
| 2012-12-31 | $54.45 Million | +8.11% |
| 2011-12-31 | $50.36 Million | +7.86% |
| 2010-12-31 | $46.69 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to PSB Holdings 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 198.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $132.67 Million | 121.39% |
| Total Equity | $109.29 Million | 100.00% |
PSB Holdings Inc Competitors by Market Cap
The table below lists competitors of PSB Holdings Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Intellicheck Mobilisa Inc
NASDAQ:IDN
|
$89.24 Million |
|
DADELO S.A. ZY -20
F:91N0
|
$89.29 Million |
|
Fortinova Fastigheter AB Series B
ST:FNOVA-B
|
$89.31 Million |
|
Cathay Chemical Works Inc
TW:1713
|
$89.38 Million |
|
Energy Transition Minerals Ltd
AU:ETM
|
$89.22 Million |
|
San Shing Fastech Corp
TW:5007
|
$89.19 Million |
|
Hsing Ta Cement Co Ltd
TW:1109
|
$89.19 Million |
|
Teixeira Duarte
LS:TDSA
|
$89.19 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in PSB Holdings Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 101,942,000 to 109,287,000, a change of 7,345,000 (7.2%).
- Net income of 9,569,000 contributed positively to equity growth.
- Dividend payments of 2,993,000 reduced retained earnings.
- Share repurchases of 3,029,000 reduced equity.
- Other factors increased equity by 3,798,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $9.57 Million | +8.76% |
| Dividends Paid | $2.99 Million | -2.74% |
| Share Repurchases | $3.03 Million | -2.77% |
| Other Changes | $3.80 Million | +3.48% |
| Total Change | $- | 7.21% |
Book Value vs Market Value Analysis
This analysis compares PSB Holdings 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: 0.94x
- 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 1.51x to 0.94x 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 | $16.32 | $24.60 | x |
| 2018-12-31 | $18.01 | $24.60 | x |
| 2019-12-31 | $20.75 | $24.60 | x |
| 2020-12-31 | $23.45 | $24.60 | x |
| 2021-12-31 | $25.06 | $24.60 | x |
| 2022-12-31 | $23.72 | $24.60 | x |
| 2023-12-31 | $26.24 | $24.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently PSB Holdings 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): 8.76%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 21.05%
- • Asset Turnover: 0.03x
- • Equity Multiplier: 13.03x
- Recent ROE (8.76%) is below the historical average (10.95%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | 10.18% | 13.57% | 0.06x | 13.30x | $85.00K |
| 2011 | 10.53% | 15.76% | 0.05x | 12.37x | $268.80K |
| 2012 | 11.04% | 18.23% | 0.05x | 13.08x | $564.30K |
| 2013 | 8.36% | 14.62% | 0.05x | 12.54x | $-931.30K |
| 2014 | 10.48% | 19.93% | 0.04x | 11.95x | $293.90K |
| 2015 | 11.91% | 25.52% | 0.04x | 12.05x | $1.24 Million |
| 2016 | 12.22% | 26.43% | 0.04x | 11.98x | $1.53 Million |
| 2017 | 9.74% | 21.67% | 0.04x | 11.49x | $-191.20K |
| 2018 | 12.76% | 29.18% | 0.04x | 11.33x | $2.23 Million |
| 2019 | 12.13% | 28.94% | 0.04x | 10.52x | $1.98 Million |
| 2020 | 10.24% | 24.69% | 0.04x | 10.84x | $246.30K |
| 2021 | 11.52% | 26.60% | 0.04x | 11.67x | $1.69 Million |
| 2022 | 13.38% | 28.74% | 0.04x | 13.12x | $3.44 Million |
| 2023 | 8.76% | 21.05% | 0.03x | 13.03x | $-1.36 Million |
Industry Comparison
This section compares PSB Holdings 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 |
|---|---|---|---|---|
| PSB Holdings Inc (PSBQ) | $123.28 Million | 10.18% | 11.22x | $89.23 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 |