Skyline Bankshares Inc.
Skyline Bankshares, Inc. operates as the holding company for the Skyline National Bank that provides a range of retail and commercial banking services to individuals, and small and medium sized businesses in the United States. Its deposit products include savings, demand, NOW, and money market deposits; checking accounts; individual retirement accounts; and certificates of deposit. The company al… Read more
Skyline Bankshares Inc. (SLBK) - Net Assets
Latest net assets as of September 2025: $101.88 Million USD
Based on the latest financial reports, Skyline Bankshares Inc. (SLBK) has net assets worth $101.88 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.31 Billion) and total liabilities ($1.20 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 | $101.88 Million |
| % of Total Assets | 7.8% |
| Annual Growth Rate | 1.72% |
| 5-Year Change | 4.19% |
| 10-Year Change | N/A |
| Growth Volatility | 9.37 |
Skyline Bankshares Inc. - Net Assets Trend (2019–2024)
This chart illustrates how Skyline Bankshares 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 Skyline Bankshares Inc. (2019–2024)
The table below shows the annual net assets of Skyline Bankshares Inc. from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $88.67 Million | +6.98% |
| 2023-12-31 | $82.88 Million | +13.64% |
| 2022-12-31 | $72.94 Million | -14.39% |
| 2021-12-31 | $85.19 Million | +0.10% |
| 2020-12-31 | $85.11 Million | +4.52% |
| 2019-12-31 | $81.43 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Skyline Bankshares 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 77.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $73.71 Million | 83.13% |
| Other Components | $14.95 Million | 16.87% |
| Total Equity | $88.67 Million | 100.00% |
Skyline Bankshares Inc. Competitors by Market Cap
The table below lists competitors of Skyline Bankshares Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
DAM CAPITAL ADVISORS LTD
NSE:DAMCAPITAL
|
$58.25 Million |
|
Columbus A/S
CO:COLUM
|
$58.26 Million |
|
Noroo Paint
KO:090350
|
$58.27 Million |
|
Amoeba SA
PA:ALMIB
|
$58.28 Million |
|
Suheung Capsul
KO:008490
|
$58.20 Million |
|
Micro Digital Co. Ltd
KQ:305090
|
$58.15 Million |
|
SYNergy ScienTech Corp
TW:6558
|
$58.15 Million |
|
Aurum PropTech Limited
NSE:AURUM
|
$58.14 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Skyline Bankshares Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 82,882,000 to 88,668,000, a change of 5,786,000 (7.0%).
- Net income of 7,425,000 contributed positively to equity growth.
- Dividend payments of 2,577,000 reduced retained earnings.
- Share repurchases of 230,000 reduced equity.
- Other factors increased equity by 1,168,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $7.42 Million | +8.37% |
| Dividends Paid | $2.58 Million | -2.91% |
| Share Repurchases | $230.00K | -0.26% |
| Other Changes | $1.17 Million | +1.32% |
| Total Change | $- | 6.98% |
Book Value vs Market Value Analysis
This analysis compares Skyline Bankshares 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: 0.80x
- 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 0.94x to 0.80x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | $13.27 | $12.50 | x |
| 2020-12-31 | $14.08 | $12.50 | x |
| 2021-12-31 | $15.20 | $12.50 | x |
| 2022-12-31 | $12.98 | $12.50 | x |
| 2023-12-31 | $14.84 | $12.50 | x |
| 2024-12-31 | $15.69 | $12.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Skyline Bankshares 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): 8.37%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 15.88%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 13.73x
- Recent ROE (8.37%) is below the historical average (10.16%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 8.79% | 21.78% | 0.05x | 8.67x | $-987.80K |
| 2020 | 6.90% | 17.47% | 0.04x | 10.05x | $-2.64 Million |
| 2021 | 11.13% | 24.38% | 0.04x | 11.69x | $962.60K |
| 2022 | 14.10% | 25.14% | 0.04x | 13.68x | $2.99 Million |
| 2023 | 11.70% | 22.79% | 0.04x | 12.62x | $1.41 Million |
| 2024 | 8.37% | 15.88% | 0.04x | 13.73x | $-1.44 Million |
Industry Comparison
This section compares Skyline Bankshares 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 |
|---|---|---|---|---|
| Skyline Bankshares Inc. (SLBK) | $101.88 Million | 8.79% | 11.82x | $58.25 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 |