Redwood Capital Bancorp
Redwood Capital Bancorp operates as the bank holding company for Redwood Capital Bank that provides various banking products and services to individuals and businesses in California. The company offers checking, savings, and money market accounts; and certificates of deposit. It also provides real estate loans, home equity lines of credit, construction and development loans, term loans for machin… Read more
Redwood Capital Bancorp (RWCB) - Net Assets
Latest net assets as of June 2025: $53.71 Million USD
Based on the latest financial reports, Redwood Capital Bancorp (RWCB) has net assets worth $53.71 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 ($549.82 Million) and total liabilities ($496.12 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 | $53.71 Million |
| % of Total Assets | 9.77% |
| Annual Growth Rate | 9.48% |
| 5-Year Change | 65.76% |
| 10-Year Change | N/A |
| Growth Volatility | 10.23 |
Redwood Capital Bancorp - Net Assets Trend (2014–2023)
This chart illustrates how Redwood Capital Bancorp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Redwood Capital Bancorp (2014–2023)
The table below shows the annual net assets of Redwood Capital Bancorp from 2014 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $45.71 Million | +18.28% |
| 2022-12-31 | $38.64 Million | -3.82% |
| 2021-12-31 | $40.18 Million | +12.60% |
| 2020-12-31 | $35.68 Million | +29.40% |
| 2018-12-31 | $27.58 Million | +14.83% |
| 2017-12-31 | $24.01 Million | +9.88% |
| 2016-12-31 | $21.85 Million | +11.85% |
| 2015-12-31 | $19.54 Million | -3.41% |
| 2014-12-31 | $20.23 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Redwood Capital Bancorp'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 948.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $38.58 Million | 84.40% |
| Other Components | $7.13 Million | 15.60% |
| Total Equity | $45.71 Million | 100.00% |
Redwood Capital Bancorp Competitors by Market Cap
The table below lists competitors of Redwood Capital Bancorp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hang Xanh Motors Service JSC
VN:HAX
|
$37.22 Million |
|
Ginar Technology Co Ltd
TWO:6151
|
$37.22 Million |
|
Quaser Machine Tools
TWO:4563
|
$37.26 Million |
|
Manhattan Bridge Capital Inc
NASDAQ:LOAN
|
$37.26 Million |
|
Thessaloniki Water Supply & Sewerage Co S.A
AT:EYAPS
|
$37.18 Million |
|
Novotek AB
ST:NTEK-B
|
$37.16 Million |
|
Ekinops SA
PA:EKI
|
$37.16 Million |
|
eHealth Inc
NASDAQ:EHTH
|
$37.15 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Redwood Capital Bancorp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 38,644,052 to 45,708,633, a change of 7,064,581 (18.3%).
- Net income of 7,043,798 contributed positively to equity growth.
- Dividend payments of 624,110 reduced retained earnings.
- Share repurchases of 1,158,994 reduced equity.
- Other factors increased equity by 1,803,887.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $7.04 Million | +15.41% |
| Dividends Paid | $624.11K | -1.37% |
| Share Repurchases | $1.16 Million | -2.54% |
| Other Changes | $1.80 Million | +3.95% |
| Total Change | $- | 18.28% |
Book Value vs Market Value Analysis
This analysis compares Redwood Capital Bancorp'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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | $0.00 | $22.05 | x |
| 2016-12-31 | $0.00 | $22.05 | x |
| 2017-12-31 | $0.00 | $22.05 | x |
| 2018-12-31 | $0.00 | $22.05 | x |
| 2020-12-31 | $18.39 | $22.05 | x |
| 2021-12-31 | $20.52 | $22.05 | x |
| 2022-12-31 | $19.54 | $22.05 | x |
| 2023-12-31 | $23.57 | $22.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Redwood Capital Bancorp 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): 15.41%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 30.00%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 11.41x
- Recent ROE (15.41%) is above the historical average (13.16%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 11.51% | 18.82% | 0.04x | 16.04x | $215.22K |
| 2015 | 11.64% | 19.08% | 0.04x | 16.25x | $320.36K |
| 2016 | 12.33% | 20.34% | 0.04x | 15.24x | $508.97K |
| 2017 | 10.68% | 18.12% | 0.04x | 14.27x | $163.83K |
| 2018 | 15.01% | 26.44% | 0.04x | 13.37x | $1.38 Million |
| 2020 | 12.35% | 24.40% | 0.04x | 13.90x | $837.14K |
| 2021 | 13.92% | 28.65% | 0.03x | 14.84x | $1.57 Million |
| 2022 | 15.58% | 28.67% | 0.04x | 13.59x | $2.16 Million |
| 2023 | 15.41% | 30.00% | 0.05x | 11.41x | $2.47 Million |
Industry Comparison
This section compares Redwood Capital Bancorp'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 |
|---|---|---|---|---|
| Redwood Capital Bancorp (RWCB) | $53.71 Million | 11.51% | 9.24x | $37.21 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 |